In its statement, the RBA said that inflation was "still too high," which warranted to keep the cash rate unchanged ...
The move takes the Reserve Bank of Australia's policy rate to its lowest level since May 2023. Australia's inflation has been on a downtrend. However, analysts, ahead of the RBA meeting, have ...
The maximum penalty for every violation will be determined by the greatest of $10m, three times the benefit gained, or 10% of annual turnover.