The Week Ahead
By Craig James - Commsec The home loan data may prove a concern to the Reserve Bank in coming months (in light of the recent rate cut) with data from the Bankers Association suggesting...
Tagged: Reserve Bank
Sharemarket posts longest ever rally
By Michael Roddan In local currency terms, the ASX200 has been the best world performer out of a group of 93 indexes since January 20. At 4. 15pm (AEDT), the benchmark S&P/ASX200 index was up 9....
Charted: Why the RBA cut rates
Prior to Tuesday’s cut from the RBA, the Australia government 10-year bond yield hit an all-time low and was below the official cash rate at 2. 248 per cent. US bond yields and...
Australia is in for some hard times
THERE’S a reason why the Reserve Bank cut interest rates on Tuesday. Based on the latest figures, the country isn’t going as well as we’d hoped. Read more here: Telegraph
ANZ passes on full RBA interest rate cut
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....
New home sales fall in December but rise over 2014
By Michael Janda “This is a clear indication that actual residential construction activity will rise in the current early months of 2015, which is good news for the broader domestic economy in addition to...
Banks don’t give Aussies a real break
AUSTRALIAN banks are continuing to reap massive profits on home loans, despite the Reserve Bank slashing interest rates to a record low. Read more here: Telegraph
Oil rally is a local market game-changer if it continues
Commentators have been calling out the banks as overpriced for years, but last year’s rumoured short-selling attack from overseas did not materialise, and the Reserve’s new rate cut will pull deposit rates down and...
Rate cut boosts shares but a blow to first home buyers
By Pat McGrath “The challenge for the first home buyer, at this point anyway, is actually pulling together the required deposit to get into the market in the first place when they’re competing against...
Lang Walker in exclusive due diligence on Leighton Properties
These revolved around undisclosed terms and agreements between asset owners and joint-venture partners. "These could include first right of refusals, change of control clauses, rental guarantees, as well as take-out/earnings agreements, which may hinder...
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