Rates on hold, cut still possible; ASIC warns on private credit; Maldives bans smoking
Update: 2025-11-04
Description
Wednesday 5 November 2025
The Reserve Bank leaves interest rates on hold, with little clear direction about whether there’ll be any more rate cuts.
- The corporate regulator, ASIC, criticises private credit players in a benchmark review of financial markets.
- The federal government will force electricity suppliers to provide three free hours of energy to households each day.
- Microsoft’s mega-deal with a largely unknown Tasmanian data centre operator.
- The Maldives becomes the first country in the world to outlaw cigarette smoking.
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