LiftVector Australia - Australia's aviation news for industry decision-makers
Australia

Bank of Australia Stories

Australian Stories

Bank of Australia stories

Australia consumer confidence falls after rate rise
Construction

Australia consumer confidence falls after rate rise

Households are feeling the squeeze as higher fuel costs and the Reserve Bank of Australia's latest rate rise drove confidence down 4.7% in October.

By Mara Sugue • 3 min read • Last week
Capital city auction clearance rate falls to 46%
Real estate

Capital city auction clearance rate falls to 46%

Fewer than half of capital city homes sold at auction last week, as volumes dropped 23.8% and Sydney dominated activity despite a softer market.

By Sean Mitchell • 4 min read • Last week
B2Bpay launches platform to keep rent on credit cards
Fintech

B2Bpay launches platform to keep rent on credit cards

Renters could keep earning card rewards as surcharges and platform changes push more landlords to drop credit card payments.

By Mara Sugue • 4 min read • This month
B2Bpay launches rent card payments service for tenants
Fintech

B2Bpay launches rent card payments service for tenants

Renters who rely on card rewards could soon lose that option as one major payments platform stops taking cards, prompting a new alternative.

By Joseph Gabriel Lagonsin • 4 min read • This month
Hello Clever urges businesses to add PayID options
Fintech

Hello Clever urges businesses to add PayID options

The surcharge ban could squeeze merchants' margins unless they shift customers towards cheaper account-to-account payments, Hello Clever says.

By Karen Joy Bacudo • 4 min read • Last month
Australia inflation cools but RBA likely to tighten again
Artificial Intelligence

Australia inflation cools but RBA likely to tighten again

A softer August reading may not spare borrowers, with CreditorWatch warning that broad-based price pressures still point to another RBA hike.

By Karen Joy Bacudo • 4 min read • Last month
Australia bans card payment surcharges on major networks
Fintech

Australia bans card payment surcharges on major networks

Shoppers will see fewer checkout fees on eftpos, Mastercard and Visa payments, though public holiday and weekend surcharges still apply.

By Karen Joy Bacudo • 4 min read • Last month
RBA rate rise deepens Australia's housing market slowdown
Real estate

RBA rate rise deepens Australia's housing market slowdown

Borrowing power has fallen by nearly AUD $90,000 for a median-income household, leaving sales and prices under renewed pressure.

By Sofiah Nichole Salivio • 3 min read • Last month
Australian household spending flat as fuel costs rise
Artificial Intelligence

Australian household spending flat as fuel costs rise

Fuel and other essentials kept Australian consumers under pressure in August, with flat spending and weaker non-fuel outlays pointing to caution.

By Karen Joy Bacudo • 3 min read • Last month
Card-Agnostic Spend Management: Why Your Software Shouldn't Decide Which Cards You Use
Software-as-a-Service

Card-Agnostic Spend Management: Why Your Software Shouldn't Decide Which Cards You Use

Businesses using spend management software could face costly lock-in if their platform only works with its own corporate cards.

By Radha Pathi Reddy • 9 min read • Last month
Australia auction clearance rate falls below 50% again
Real estate

Australia auction clearance rate falls below 50% again

Higher interest rates and price mismatches are leaving more homes unsold, as Australia's capital-city clearance rate slips to 49.1%.

By Karen Joy Bacudo • 4 min read • Last month
RBA still tipped to raise rates as jobs data blurs
Inflation

RBA still tipped to raise rates as jobs data blurs

Australia's labour market sent mixed signals in August, but inflation worries still leave the Reserve Bank likely to lift interest rates next week.

By Mara Sugue • 5 min read • Last month
RBA set for September rate rise, CreditorWatch says
Real estate

RBA set for September rate rise, CreditorWatch says

Australian households and debt-laden firms face further borrowing-cost pressure, with CreditorWatch seeing no chance of the RBA standing pat in September.

By Sean Mitchell • 4 min read • Last month
Data centre boom deepens strain on Australia builders
Construction

Data centre boom deepens strain on Australia builders

Residential builders face rising defaults and insolvencies as Australia's AUD $150 billion data centre pipeline squeezes labour and materials.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Australian banks cut business card rewards & perks
Westpac

Australian banks cut business card rewards & perks

Businesses using credit cards are losing insurance, longer grace periods and reward value as major lenders trim perks amid card reforms.

By Karen Joy Bacudo • 5 min read • Last month
Australia innovation activity hits record high in 2023-24
Digital Transformation

Australia innovation activity hits record high in 2023-24

Business innovation has stalled in the latest two years, even as a new index puts Australia at a record high in 2023-24.

By Karen Joy Bacudo • 4 min read • Last month

Global Stories

Bank of Australia stories

NatWest & banks set out AI agent payment principles
Data Protection

NatWest & banks set out AI agent payment principles

Banks want to prevent AI-driven shopping from eroding customer control, privacy and security as agentic commerce moves closer to everyday payments.

By Karen Joy Bacudo • 5 min read • Last month
Sokin expands Australian team with two senior hires
Fintech

Sokin expands Australian team with two senior hires

Australian businesses trading across Asia Pacific may gain faster, clearer cross-border payments as Sokin builds a local leadership team.

By Joseph Gabriel Lagonsin • 4 min read • Last month