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RBA Proposes Sweeping Reforms to Slash Card Fees for Consumers and Businesses

Download IPFS The Reserve Bank of Australia (RBA) has unveiled radical plans to eliminate card surcharges and cut payment processing fees, potentially saving Australians $2.4 billion annually. In a landmark consultation paper released today, the central bank proposes banning surcharges on debit and credit card transactions while slashing interchange fees[Read More…]

Australia and Japan Strengthen Economic Security Cooperation Amid Rising Global Risks

Download IPFS Australia and Japan are taking meaningful steps to deepen their strategic economic partnership, with a new agenda focused on bolstering economic security in an increasingly fragmented global environment. In 2025, the United States Studies Centre (USSC) Economic Security Program launched a project to develop a shared economic security[Read More…]

Australian Consumer Sentiment Stalls as Rate Cut Hopes Fade

Download IPFS Australian consumer confidence showed only marginal improvement in July, with the Westpac-Melbourne Institute Index rising a mere 0.6% as households grappled with the Reserve Bank of Australia’s (RBA) decision to maintain interest rates at 3.85%. The restrained growth follows June’s equally modest 0.5% increase, revealing persistent economic pessimism[Read More…]

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