ANZ ‘cautious’ on property market
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Friday 6th February 2015To restart Safari press and hold the Home button (for around five seconds) until the iPhone/iPad display goes blank and the home screen appears. Read more here: The Australian
Commonwealth closed up almost 3 per cent at $93. 27 cents a share. Westpac rose about 0. 5 per cent while ANZ and National Australia Bank put on more than 1 per cent. NAB...
The chief of ANZ‘s Australian operations, Phil Chronican, said the RBA change was just one influence on its rate decisions, but also acknowledged that the bank had benefited from a fall in funding costs....
By Michael Roddan NAB said it had reduced its standard variable home loan rate to 5. 63 per cent per annum, while Westpac exceeded the RBA‘s cut by slashing its standard variable by 0. 28 per cent to...
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Spending in department stores fell nearly 1 per cent. "The soft result is consistent with patchy anecdotes from retailers and subdued consumer confidence in the month," ANZ said in a note. "It also suggests...
The Australian dollar dropped to a local trading day low of US77. "These data confirm that retail sales lost momentum at the end of 2014 and lower petrol prices and a falling Australian dollar...
And among the Big Four, investors seem particularly prepared to continue to support CBA, despite its already-lofty valuations. The shares trade at 15. 7 times estimated earnings for this financial year, according to Morgan...
This follows a drop of 0. 4 per cent the previous week and leaves confidence around its long-run average. "The response of confidence to rate cuts is now the weakest of the last five...
This follows a drop of 0. 4 per cent the previous week and leaves confidence around its long-run average. "The response of confidence to rate cuts is now the weakest of the last five...
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