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Bank of Australia Stories - Page 2

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Bank of Australia stories

Cash still to account for 9% of Australian payments
Digital Transformation

Cash still to account for 9% of Australian payments

Digital wallets are gaining ground in Australia, but cash is still expected to account for 9% of point-of-sale value by 2030.

By Karen Joy Bacudo • 3 min read • Mon, 15th Jun 2026

Stories from Other Regions

Bank of Australia stories

Three ways Australian banks can reinvent SME banking
Software-as-a-Service

Three ways Australian banks can reinvent SME banking

As SMEs demand faster lending and integrated tools, banks risk losing ground unless they cut red tape and modernise their platforms.

By Andrew Groth Infosys ANZ and Theo Albers Infosys Finacle ANZ • 4 min read • Thu, 18th Jun 2026
Colter Bay blames lending bias for Australia's slump
Digital Transformation

Colter Bay blames lending bias for Australia's slump

Weak lending to software and other asset-light firms is, Colter Bay says, dragging on productivity as Australia's credit flows into property.

By Karen Joy Bacudo • 4 min read • Thu, 18th Jun 2026
RBA set to hold as late business payments hit six-year high
Small Business

RBA set to hold as late business payments hit six-year high

Australian businesses face tighter cash flow as overdue invoices jump to a six-year high, reinforcing expectations the RBA will hold rates at 4.35%.

By Karen Joy Bacudo • 4 min read • Mon, 15th Jun 2026
Australian consumer confidence stays deeply negative
Managed Services

Australian consumer confidence stays deeply negative

Higher borrowing and living costs have pushed household sentiment close to the survey's weakest level in 50 years.

By Mark Tarre • 4 min read • Tue, 9th Jun 2026
Inflation pressures remain entrenched, CreditorWatch warns
Inflation

Inflation pressures remain entrenched, CreditorWatch warns

Rising fuel and wage costs could keep Australian prices elevated for months, complicating the Reserve Bank of Australia's inflation fight.

By Mark Tarre • 5 min read • Tue, 2nd Jun 2026
Commonwealth Bank tests AI companion in banking app
Data Analytics

Commonwealth Bank tests AI companion in banking app

The trial could make everyday banking decisions clearer for millions of app users, while keeping human oversight and fraud controls in place.

By Mark Tarre • 5 min read • Wed, 27th May 2026
Altman says businesses lag AI adoption amid rapid change
Digital Transformation

Altman says businesses lag AI adoption amid rapid change

Businesses face pressure to speed up AI rollouts as OpenAI chief Sam Altman says enterprise adoption remains very early.

By Mark Tarre • 6 min read • Wed, 27th May 2026
TermPlus expands fixed-term accounts for SMSF investors
Inflation

TermPlus expands fixed-term accounts for SMSF investors

SMSF trustees hunting income are being offered higher target returns as TermPlus taps stronger demand for fixed-term private credit accounts.

By Karen Joy Bacudo • 4 min read • Tue, 26th May 2026
ASIC says Australia primed for fintech & regtech growth
Fintech

ASIC says Australia primed for fintech & regtech growth

Australia's financial regulator sees artificial intelligence and easier rules helping startups turn a strong funding base into faster growth.

By Karen Joy Bacudo • 4 min read • Tue, 26th May 2026
Australia's late business payments hit six-year high
Manufacturing

Australia's late business payments hit six-year high

Cash-flow strain is deepening as overdue invoices and tax debts rise, with smaller firms hardest hit by higher rates and costs.

By Karen Joy Bacudo • 6 min read • Wed, 20th May 2026
Australia tests tokenised finance in Project Acacia
Fintech

Australia tests tokenised finance in Project Acacia

Settlement could become faster and cheaper for wholesale markets, but regulators say tokenised finance still needs new rules and infrastructure.

By Karen Joy Bacudo • 4 min read • Tue, 19th May 2026
CommBank appoints first Chief AI Scientist in Australia
Robotics

CommBank appoints first Chief AI Scientist in Australia

The appointment underscores the lender's push to scale responsible AI as banks race to recruit academic talent and manage security and governance risks.

By Sean Mitchell • 4 min read • Mon, 18th May 2026
Budget tax changes spare RBA inflation, says economist
Taxation

Budget tax changes spare RBA inflation, says economist

Relief for the Reserve Bank comes as the federal budget avoids fresh cost-of-living handouts, while tightening tax breaks for higher earners.

By Sean Mitchell • 5 min read • Wed, 13th May 2026
Australia business confidence stays weak as costs rise
Artificial Intelligence

Australia business confidence stays weak as costs rise

Rising fuel and energy bills are squeezing margins and leaving Australian firms facing weaker trading conditions ahead.

By Sean Mitchell • 4 min read • Tue, 12th May 2026
Fuel prices & rates reshape Australia's construction
Supply Chain

Fuel prices & rates reshape Australia's construction

Higher fuel and borrowing costs are starting to squeeze builders, with insolvencies likely to rise if Strait of Hormuz disruptions persist.

By Sean Mitchell • 4 min read • Wed, 6th May 2026
Australian small business sales rise 7.2% in Q1 2026
Partner Programmes

Australian small business sales rise 7.2% in Q1 2026

Momentum stayed firm for Australian small businesses in the March quarter, as sales, jobs and wages all rose despite higher fuel costs.

By Karen Joy Bacudo • 4 min read • Mon, 4th May 2026
Australian inflation eases, but RBA tightening looms
Power / Energy

Australian inflation eases, but RBA tightening looms

Fuel costs have pushed headline prices higher again, leaving the Reserve Bank of Australia under pressure to raise interest rates despite softer underlying inflation.

By Karen Joy Bacudo • 4 min read • Wed, 29th Apr 2026