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.

Reserve Bank of Australia shocks markets by keeping rates unchanged at 3.85% despite 92% probability of cut. Governor Bullock cites global uncertainties and inflation concerns.

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