ABA Starts Its Cost of Living Inquiry into Australians

The ABA begins its investigation into Australians' cost of living.

The trade association for the Australian banking industry – The Australian Banking Association (ABA) launched the Cost of Living Inquiry to closely study the impact of the COVID-19 pandemic, global supply chain disruptions, geopolitical tensions, and more on Australians. The ABA's inquiry aimed to identify ways to reduce the cost of living in Australia and the government's fiscal policy response.Taking measures against rising fiat inflation, the Reserve Bank of Australia and the Treasury Department held private meetings with Coinbase executives. In which the future of crypto regulation in Australia has been discussed.