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01.04.26 - 21:03
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Airwallex Strengthens Australian Leadership (Business Wire)
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MELBOURNE, Australia--(BUSINESS WIRE)--Global financial technology platform Airwallex has appointed respected business leader Elana Rubin AM as the independent chair of its Australian board as the company continues to enhance its leadership in key markets.
Ms Rubin will be joined by former New Zealand Prime Minister The Right Honourable Sir Bill English, who joins the Australian board as an independent non-executive director after being appointed chair of Airwallex's NZ Board on 26 March. Both appointments to the Australian board are effective immediately.
Ms Rubin brings unparalleled experience to Airwallex through her long career with some of Australia's largest and most successful businesses and organisations across the technology, financial services, infrastructure and public sectors.
She is currently a non-executive director of Dexus, a member of the Reserve Bank of Australia Governance Board, and chair of the Australian Business Growth Fund and Infoxchange. Her previous leadership roles include ch...
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29.03.26 - 14:12
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How Singapore and Australia Took Opposite Paths on Housing (Bloomberg)
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As homeownership drifts further out of reach, governments are looking for new ways to help first-time buyers come up with the money. In Australia, economist Saul Eslake argues that letting buyers tap retirement savings or reduce down payments only puts more upward pressure on prices. In Singapore, economist Sumit Agarwal points to a very different system: mandatory savings there can be used for housing, but steep taxes discourage buying second and third homes. Through the experiences of first-time buyers Jordan Davies in Melbourne and Jeff Chie in Singapore, the story explores whether easier access to capital really helps people buy homes or simply makes housing even more expensive. (Source: Bloomberg)...
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17.03.26 - 07:54
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RBA interest rates: Reserve Bank raises official cash rate to 4.1% in blow to mortgage holders (The Guardian)
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Reserve Bank of Australia's second consecutive increase lifts cash rate target to where it was in February last yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has increased interest rates amid a global energy shock that threatens to push Australian inflation towards 5% in a split decision, leaving the door open to further hikes.The hike takes the RBA's cash rate target from 3.85% to 4.1%, back to where it was in February 2025, wiping out the relief offered by two cuts last year. Continue reading......
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