Reserve Bank Of Australia To Cut Rates Amid Turbulent Conditions
Markets are largely expecting the first 25bp rate cut from the Reserve Bank of Australia (RBA) next week on February 18. We ...
$55 billion: Australia's new home loan records — and how much we're borrowing
On average, NSW residents borrow a whopping $811,000, Queenslanders borrow $635,000, South Australians borrow $580,000 and ...
Australia’s money markets point to a 93 per cent chance of a rate cut
The money markets say there is a 93 per cent chance Aussies will start getting mortgage relief when the Reserve Bank of ...
Australian Central Bank’s Rate Call Finely Balanced
The outcome of next week’s Reserve Bank of Australia policy meeting is more finely balanced than what is implied by pricing in money markets, according to a former senior manager at the central bank.
Reserve Bank of Australia to deliver a hawkish rate cut this month: Strategist
Andrew Ticehurst of Nomura Australia says the Reserve Bank of Australia is likely to deliver a rate cut in February that a ...
There is no way the Reserve Bank can cut interest rates next week
The central bank would be well advised not to misjudge the politics. An easing of monetary policy would put more jobs and ...
Planes, phones and a bank: What Australians used to own
The potential sale of Rex Airlines to the federal government has been described as a "special case" in order to service rural ...
Australia’s economy is slowly turning the corner, CBA boss says
CBA beat expectations with its first-half result, and CEO Matt Comyn sees relief for home loan customers relief imminent with ...
Inflation has fallen in Australia and NZ, but which is faring better?
Australia's and New Zealand's central banks have used different strategies to kill inflation. New Zealand's now in recession, ...
Australia’s looming debt crisis could be a real opportunity
Why not use the looming fiscal crisis of the states to tackle the buck-passing by seriously reforming which tier of ...
NewsWire on MSN11d
Big four bank reduces mortgage interest rates ahead of RBA meeting
NAB has become the first of the big four to cut interest rates, weeks before the RBA is tipped to lower the cash rate.
Commonwealth Bank Raises 1H Profit 6.1% Amid Higher Volumes -- Update
SYDNEY--Commonwealth Bank raised its first-half profit by 6.1% as Australia's largest bank lifted lending volumes and cut loan impairments despite pressure on consumers and businesses from inflation ...