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Tag: The Reserve Bank of Australia

Australia considering new laws for Apple, Google, WeChat digital wallets

The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O).

Australian economy likely already slowing in Q2 before Delta downturn

Australia’s economy was likely already slowing before wide-scale coronavirus restrictions shuttered swathes of business and jobs, setting the stage for a vicious contraction this quarter.

Delta delays great exit as RBNZ holds fire on hikes

The Delta variant has delayed an expected rate hike in New Zealand, leaving Norway likely the first G10 economy to begin the journey out of an era of emergency-level interest rate lows.

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