Australia's central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a range of industry partners pursuing projects using real money and assets for the first time.

The Reserve Bank of Australia decision dashed the expectations of millions of working-class households of early relief from crushing home mortgage repayments.

Australias central bank is closely monitoring U.S. tariff developments, as global economic uncertainty grows, according to Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser. Speaking at a Sydney event