Business
Big loss and risks ahead for RBA as it beefs up federal budget – Sydney Morning Herald
The Reserve Bank has recorded a $4.3 billion accounting loss and admits higher interest rates could further hit its bottom line….
While the Reserve Bank earns a profit in most years, it also holds capital and reserves to coverpotential financial losses when they occur, it said.
Despite the loss, the bank paid a $2.7 billion dividend to the federal government. That is the largest dividend…
Continue Reading
-
Business19 hours agoWhy did this ASX 200 healthcare stock crash 14% yesterday?
-
Business21 hours agoOwn Xero shares? Here are 3 key takeaways from its AGM
-
Business18 hours agoHere’s what analysts expect for the BHP share price in the coming year
-
General10 hours agoVictorian school teacher charged with soliciting child abuse material