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Category Reserve Bank of Australia

ASX 200 breaches 9,000 points for the first time: here’s what drove the surge

ASX 200 breaches 9,000 points for the first time: here’s what drove the surge

Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a string of upbeat corporate earnings. ...
What most investors don’t know about Australia’s economy

What most investors don’t know about Australia’s economy

Australia’s economy looks very conflicting on paper. The headline economy feels slow. Interest rates have come down and markets are expectin...
Australia's Central Bank to Explore Developing Wholesale Tokenized Asset Markets

Australia's Central Bank to Explore Developing Wholesale Tokenized Asset Markets

Issuance of pilot wholesale CBDC for testing the use cases will take place on different blockchain platforms, such as Hedera and R3 Corda.
Australian Reserve Bank Has ‘Strategic Commitment’ To Develop CBDC System, According to Assistant Governor

Australian Reserve Bank Has ‘Strategic Commitment’ To Develop CBDC System, According to Assistant Governor

Australia’s central bank and banknote issuing authority is pursuing initiatives on central bank digital currency (CBDC) and digital money. Accordin...
RBA Explores CBDC as a Potential Future of Money

RBA Explores CBDC as a Potential Future of Money

The Re­serve Bank of Australia (RBA) has expressed its willingness to explore­ the potential use of a central bank digital currency (CBDC) as an al...