RBA Poised for Hawkish Hold1

The Reserve Bank of Australia will hold its cash rate at 4.35% for a sixth straight meeting on Tuesday, economists predict. But with inflation still elevated, they expect the RBA to again debate hiking rates before agreeing to stand pat.

Private credit funds are in talks to provide at least A$1.5 billion of junior debt to help finance a potential buyout of Australian data center operator AirTrunk Pte., according to people familiar with the matter.

New Zealand is considering plans to increase the capital of its state-owned lender to try make it more competitive with Australian-owned banks. Kiwibank can’t compete or drive change within New Zealand’s banking sector without extra capital, Finance Minister Nicola Willis said on Saturday. $ASX Ltd (ASX.AU)$ $S&P/ASX 200 OPIC (OXJO.AU)$