• Westpac first to face investor ire at AGM
    Australian Associated Press23 hours ago

    Westpac first to face investor ire at AGM

    Westpac's annual general meeting in Perth will be a likely barometer for investor sentiment following a harrowing year for the financial sector.

  • Australian Associated Press3 days ago

    Home loan approvals rose 2.2% in October

    Home loan approvals rose 2.2% in October, according to the ABS.

  • Retail spend up, but downturn fears linger
    Australian Associated Press7 days ago

    Retail spend up, but downturn fears linger

    Retail spending rose 0.3 per cent in October, just beating market expectations, but economists remain underwhelmed following weak GDP data.

  • Australian Associated Press7 days ago

    Australian dollar suffers growth setback

    The Australian dollar has slumped after disappointing economic data further dimmed the chance of any rise in interest rates.

  • Australian Associated Press8 days ago

    National Accounts: what it means for you

    The national accounts, a quarterly gauge of the economic health of the nation, will be released on Wednesday.

  • Economists look for housing impact on GDP
    Australian Associated Press8 days ago

    Economists look for housing impact on GDP

    Experts are waiting to see just how heavily the country's housing market is weighing on consumption when September quarter GDP figures are released.

  • Auction clearances set to stay below 45%
    Australian Associated Press24 days ago

    Auction clearances set to stay below 45%

    The capital city housing market is likely to remain subdued despite more properties going under the hammer last week, according to CoreLogic.

  • Annual wage growth highest in three years
    Australian Associated Press29 days ago

    Annual wage growth highest in three years

    Hourly pay rates across Australia rose 2.3 per cent in the 12 months to September, the highest annual growth rate in three years.

  • City auction clearances set to hit new low
    Australian Associated Presslast month

    City auction clearances set to hit new low

    CoreLogic is reporting the latest capital city auction results are worse again, and likely to slide further.

  • Home loan approvals fell 1% in September
    Australian Associated Presslast month

    Home loan approvals fell 1% in September

    Home loan approvals for owner-occupiers fell 1.0 per cent in September, according to the ABS.

  • Australian Associated Presslast month

    Banks and miners lead ASX to a strong finish

    The Australian share market has pulled ahead, lifted by banks and mining stocks while the RBA announcement had little affect on the Aussie dollar.

  • RBA optimism on growth not widely shared
    Australian Associated Presslast month

    RBA optimism on growth not widely shared

    The Reserve Bank has kept the official cash rate at 1.5 per cent for a 27th month in a row.

  • Westpac profit flat as compensation bites
    Australian Associated Presslast month

    Westpac profit flat as compensation bites

    Westpac has reported a flat full-year profit of $8.07 billion as customer compensation and legal costs reined in the performance of its consumer bank.

  • Apartments lift building approvals in Sept
    Australian Associated Presslast month

    Apartments lift building approvals in Sept

    The Australian Bureau of Statistics has released official building approvals figures for September, showing a seasonally adjusted 3.3 per cent rise.

  • Mortgage approvals fall more than expected
    Australian Associated Press2 months ago

    Mortgage approvals fall more than expected

    Home loan approvals fell 2.1% in August, according to the ABS.

  • Under-fire banks drag ASX lower
    Australian Associated Press2 months ago

    Under-fire banks drag ASX lower

    The heavyweight financial sector is dragging the Australian share market down with the spotlight firmly on fallout from the Hayne royal commission.

  • RBA holds cash rate at 1.5 per cent
    Australian Associated Press2 months ago

    RBA holds cash rate at 1.5 per cent

    The Reserve Bank of Australia has held the cash rate steady at 1.5 per cent.

  • Rates to hold steady again as RBA meets
    Australian Associated Press2 months ago

    Rates to hold steady again as RBA meets

    Australia's rates are expected to hold steady again as the Reserve Bank meets, but new housing data is likely to show another drop in prices.

  • Australian Associated Press3 months ago

    ING lifts investor mortgage rate by 0.15pc

    ING has become the latest lender to hike interest rates with investor customers facing a 0.15 per cent lift.

  • Unemployment rate steady at 5.3% in August
    Australian Associated Press3 months ago

    Unemployment rate steady at 5.3% in August

    The unemployment rate has remained at 5.3 per cent in August, with the number of people with jobs growing by 44,000.

  • Australian Associated Press3 months ago

    Politics hurting consumer confidence

    Political upheaval in federal politics and mortgage rate hikes by most of the big banks has dealt a blow to consumer confidence in September.

  • Australian Associated Press3 months ago

    NAB opts against mortgage rate hikes

    NAB is keeping its variable mortgage rates on hold despite moves by its big four rivals to hike costs in response to funding costs.

  • Australian Associated Press3 months ago

    ANZ and CBA lift home loan rates

    Commonwealth Bank has followed its rivals in lifting variable mortgage rates and, like Westpac and ANZ, is pleading increased funding costs.

  • Australian Associated Press3 months ago

    Commonwealth Bank lifts mortgage rates

    Commonwealth Bank has followed its rivals in lifting variable mortgage rates and, like Westpac and ANZ, is pleading increased funding costs.

  • Australian Associated Press3 months ago

    RBA upbeat but cash rate stays at 1.5%

    The Reserve Bank has held the cash rate steady at 1.5 per cent and RBA Governor Philip Lowe says wages growth has finally "picked up a little".