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RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
Bank Strike Deferred After IBA-UFBU Talks; Five-Day Week Demand Pending
Bank unions in India deferred a three-day strike scheduled for September 28-30 after talks with the IBA. A joint committee will examine the five-day work week demand and PLI scheme changes.
First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.
Internationals Poised for Presidents Cup Win on September 28 at Medinah
International team leads 10.5-7.5 with 12 singles matches remaining at 2026 Presidents Cup. Australians Adam Scott and Min Woo Lee have been pivotal in maintaining the lead heading into the final day at Medinah.
Card surcharges banned from October 1: What Australians will pay instead
From October 1, Australian businesses can no longer charge card surcharges. Shoppers may see hidden price rises, while banks cut credit card rewards and increase fees.
Ford Fathom: Falcon’s Electric Successor Launches at A$40,000 in 2027
Ford’s new Fathom electric ute launches early 2027 from A$40,000 USD as Falcon successor. Five-seater dual-cab EV uses modular UEP platform, trademarked for right-hand-drive Australia.
Australia Bans Card Surcharges From October 1: What Shoppers and Businesses Face
Australia’s card surcharge ban starts October 1, 2026. Businesses lose 0.43% to 1.36% in fees per transaction. Shoppers may see hidden price rises or higher bank fees.
ANZ Cuts 400 Tech Jobs, 10 Senior Bankers Exit by October
ANZ cuts 400+ tech jobs and loses 10 senior bankers by October as CEO Nuno Matos accelerates offshore restructure. Over 100 NZ IT roles affected as bank moves testing to India and Philippines.
California, Tennessee, and dozens of US cities declare September 25 as Dolly Parton Day
California becomes first state to establish September 25 as annual Dolly Parton Day. Dozens of US cities join the celebration honoring the late singer’s music, kindness, and charitable impact.