Australian CPI Data: AUD/USD and AUD/NZD Pairs on the Radar
Last week, the Reserve Bank of Australia (RBA) kicked off its easing cycle, lowering the Cash Rate by 25 basis points (bps) ...
Australia, NZ dollars back off resistance, tariff risk looms
That left the Aussie down 0.1% at $0.6339, having backed off a $0.6392 top overnight and away from the 100-day moving average at $0.6404. Support lies at $0.6326, with more resistance at $0.6415. The ...
South Korea’s central bank cuts interest rates to 2.75% despite inflation risks
South Korea’s central bank has lowered its benchmark interest rate to 2.75%, the lowest level since August 2022, to revive a ...
RBI allows New India Cooperative Bank depositors to withdraw up to ₹25,000
With this relaxation, more than 50% of the total depositors can withdraw their entire balances, and the remaining depositors ...
Interest18h
Kiwibank leads in cutting mortgage test rate following last week's OCR cut, increasing borrowing power
Kiwibank confirmed on Monday it had cut its mortgage test rate following last week's 50 basis points OCR cut to 3.75%. “Our ...
Commonwealth Bank boss makes admission about the future of cash
Commonwealth Bank CEO Matt Comyn has made a major announcement about cash.
Coalition claims Labor’s housing fund has built zero homes. Wrong. Here’s where they are
The Coalition has promised $5 billion to councils to fast-track infrastructure it says will unlock up to 500,000 homes, while ...
National ‘nightmare’ of teals on a Green pitch, warn energy chiefs
The nation’s top energy chiefs have warned a post-election hung parliament will be a “nightmare” and a “quiet menace” ...
Woodside Energy more than doubles profit to $3.6b, Viva Energy dumps 26pc in value, ASX loses ground — as it happened
Australian shares lose ground after a mixed lead from Wall Street. Woodside Energy reports a $3.5 billion full-year profit, ...
Is it up to banks to cut their margins to give better interest rates?
The Reserve Bank governor has suggested banks use some of their margins to lower mortgage, but is there really room for that?
michaelwest17h
The fine (housing) print. RBA’s election campaign opportunity for Labor
Last week's rate cut and the argy-bargy over how hawkish or indecisive the RBA remains overshadowed details in our central ...
Sales by listed non-financial private companies up 8% in Q3: RBI
Sales by listed private non-financial companies increased by 8 per cent during the third quarter of 2024-25 as compared with 5.5 per cent in the corresponding period a year ago, the Reserve Bank said ...