Investors are primed for another jump in bank profit margins as the Reserve Bank prepares to jack up interest rates again. | By Clancy Yeates #interestrates#economy@clancyyeates https://t.co/NgyS28FdT9
"Where do you rule the line?” The push to regulate the wild world of cryptocurrencies is raising all sorts of curly questions for policymakers. | OPINION by @clancyyeates
https://t.co/p9Rzo9cNoH
Some have argued the episode dented the RBA’s credibility, and the central bank today said this was an “open question,” arguing other central banks had also underestimated the strength of the economic recovery @clancyyeates https://t.co/V3673fdJU3
The Commonwealth Bank has passed on the full value of the Reserve Bank’s increase in interest rates to mortgage customers as the era of ultra-cheap home loans comes to an end | @clancyyeates https://t.co/AqYBVlpKgP
Bank lending to highly-indebted home buyers and those with skinny deposits rose in the December quarter as growth remained strong in the $1.9 trillion mortgage market during the lead-up to Christmas @clancyyeates | #ausbiz#property#lending https://t.co/euZXrLqp8i
Russia’s invasion of Ukraine is putting the spotlight on an obscure part of the banking system that could act as a major financial weapon. @clancyyeates explains what SWIFT is and how it could hurt Putin | #Ukraine#sanctions#SWIFT https://t.co/jLeib78RE3
It's estimated Australian lenders stand to make almost $900 million more a year in profit from one hike in official interest rates. https://t.co/5dWXQvnv7i
Everything from the way Australians buy goods and services to their investment in cryptocurrencies will be overhauled over the next 12 months | @swrighteconomy@clancyyeates https://t.co/kxsQLPh3Yv
...There was an argument overseas that a new digital form of central bank money “could be important for safeguarding confidence in national monies and the role of fiat currencies at the heart of monetary, financial and payment systems”. via @clancyyeates https://t.co/rFTPNP9kTY
For all the market excitement about the possibility that interest rates may rise earlier than expected, the bottom line is monetary policy is extremely loose, writes @clancyyeates | OPINION
#interestrates#homeloans https://t.co/EJ782zTP4Q
In a major vote of confidence in the long-term potential of cryptocurrencies, the country’s largest bank on Wednesday said it would soon start a pilot program allowing customers to buy, sell and hold 10 crypto assets through its app. | @clancyyeates https://t.co/E4U38wuoFi
The country’s two biggest banks, Westpac and CBA, will mandate COVID-19 vaccines for its 75,000 Australian staff | @clancyyeates https://t.co/WRH8j4hBc2