With prices in both cities continuing to fall and with a strong pipeline of new units still being built, settlement risks for both buyers and developers may remain elevated for several years yet.
Westpac is exiting the troubled personal financial advice business through the sale of BT Financial assets to Viridian Advisory.
Netflix, the world's dominant streaming service, says it will not make its TV shows and movies available through Apple's upcoming video offering.
RBA board members said this month that positive and negative factors were more evenly balanced than at the time of previous rate-setting meetings.
The Reserve Bank of Australia has kept its cash rate target at a record-low 1.50 percent since August 2016. Westpac Banking Corp., JPMorgan Chase & Co., Macquarie Bank Ltd. and UBS Group AG all predict two 25 basis-point rate cuts this year. “Historically when three-years have traded through, the RBA
Expectations are that the Fed will point the way to just one rate hike in 2019 when it meets Wednesday. In Asia, central banks in Indonesia, the Philippines and Thailand hold policy meetings amid expectations they too will stand pat, though may signal some willingness to cut in coming months as low
The Sydney Airport Holdings Pty Ltd (ASX:SYD) share price has dropped lower on Tuesday after being downgraded by a leading broker...
Australian coal producer New Hope Corp expects to decide on whether to reopen a mine and develop an adjacent deposit by year-end, despite increasingly difficult conditions for the industry, its chief executive said on Tuesday. New Hope, which operates several thermal coal mines in Queensland state
The Bellamy’s Australia Ltd (ASX: BAL) share price has rocketed 46% so far this year to outpace its larger and more well-known rival, A2 Milk Ltd (ASX: A2M) - but is either stock a Buy?
The total value of Australian residential property has fallen to $6.7 trillion as price declines accelerated for the second quarter in a row, the ABS says.
The Appen Ltd (ASX:APX) share price and the Caltex Australia Limited (ASX:CTX) share price are two of four sinking notably lower on Tuesday. Here's why...
The Cann Group Ltd (ASX:CAN) share price and the The Zip Co Ltd (ASX:Z1P) share price are two other four surging higher today. Here's why...
* Australian capital city home prices fell at the fastest pace since at least 2003 in the December quarter last year, according to new data from the ABS. * Sydney and Melbourne led the national price falls with declines of 3.7% and 2.4% reported respectively. * In dollar terms, the average capital