Bank of Australia stories
Commonwealth Bank will cut interest rates on eligible variable-rate business loans by 0.25% from 22 August 2025, following the RBA's recent rate cut.
The RBA will ban surcharges and cap interchange fees on card payments by mid-2026, boosting alternative methods like Account-to-Account payments.
The Reserve Bank of Australia keeps interest rates steady as consumers focus on value amid economic uncertainty, seeking discounts and prioritising essentials.
Agentic AI is boosting productivity and innovation across Australia, helping firms tackle skills shortages and accelerate development in multiple sectors.
Marnie Baker joins FinTech Australia board as Non-Executive Director, aiming to boost fintech growth and support regional and climate-focused innovation.
After a successful test rollout at the end of 2020, the bank is now offering voice-based biometric protection to all customers.
