News

Australia's central bank keeps rates at 3.85%, stuns markets
Australia's central bank on Tuesday left its cash rate steady at 3.85%, a shock for markets that had confidently wagered on a ...
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Australia kicks off six-month digital currency trial with 24 use cases
Australia’s Reserve Bank launches a six-month trial exploring digital currencies in wholesale financial markets.
Australia to begin wholesale CBDC testing with major banks, fintechs in 6-month trial
Australia’s RBA has launched a wholesale CBDC trial involving major banks, fintechs, and blockchain platforms to explore ...
Australia to test CBDCs, stablecoins in next stage of crypto play
The Reserve Bank of Australia is testing stablecoins and a wholesale CBDC in a six-month trial with major banks to explore ...
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Australia’s Central Bank Progresses Project Acacia Testing for CBDC Asset Settlement
Australia's central bank progresses Project Acacia testing for CBDC asset settlement with 24 participants to conduct real-money transaction.
Australia unexpectedly holds policy rate as it awaits more inflation data
The RBA said it was waiting for “a little more information to confirm that inflation remains on track to reach 2.5 per cent ...
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Australia’s Tokenization Push Could Cement ‘Even Greater Financial Control’
Australia has approved 24 tokenized asset use cases under Project Acacia, enabling real-money trials across major banks and ...
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Australia is removing British monarchy from its bank notes : NPR
Australian $5 notes are pictured in Sydney on Sept. 10, 2022. King Charles III won't feature on Australia's new $5 bill, the nation's central bank announced Thursday, Feb. 2, 2023, signaling a ...