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Making news this week (ending 22 July)

Treasurer launches RBA review, Suncorp Bank to be sold to ANZ, the RBA governor signals a boost in productivity is needed, industry welcomes RLO certainty, ANZ tips cash rate to pass 3%.

 

 

RBA Review will 'refine and reform' rather than revolutionise: Treasurer

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The terms of reference for the RBA Review have been outlined by the Federal Treasurer, focusing on inflation targets, mandates, culture, and board make up.

Suncorp Bank to be sold to ANZ

Suncorp has signed an agreement to sell its bank to ANZ

Boosting productivity will help steer inflation back down: Lowe

The RBA governor has carved a path out of high inflation that involves more rate rises and a boost to productivity.

Industry welcomes RLO certainty

Members of the banking and broking industry have welcomed the Assistant Treasurer's confirmation that responsible lending obligations will not be repealed.

Cash rate to pass 3% by November: ANZ

The major bank has revised its cash rate forecast, now expecting the Reserve Bank to hike rates to 3.35 per cent by November.

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