The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing for two months in a row for the first time since 2012. The market had largely priced in a second straight 0.25 percentage point cut after RBA Governor Philip Lowe suggested […]
Today marks the launch of the new $10 banknote, which like the $5 banknote features cutting edge technology to protect against counterfeiting. Governor Philip Lowe said the new $10 banknote contained the ‘same world-leading security features as the new $5 note.’ “These (features) include the top-to-bottom window that contains multiple interactive elements, a patch […]
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