Reserve Bank Of Australia To Cut Rates Amid Turbulent Conditions
Markets are largely expecting the first 25bp rate cut from the Reserve Bank of Australia (RBA) next week on February 18. We agree, but it'll be a close call. Read more
Australian Central Bank’s Rate Call Finely Balanced
The outcome of next week’s Reserve Bank of Australia policy meeting is more finely balanced than what is implied by pricing in money markets, according to a former senior manager at the central bank.
Citi Reaffirms Their Sell Rating on Commonwealth Bank of Australia (CBA)
Citi analyst Brendan Sproules maintained a Sell rating on Commonwealth Bank of Australia (CBA – Research Report) today and set a price target
Valuation risks loom large over Australia's top bank CBA's first-half earnings
Commonwealth Bank of Australia's strong asset quality is expected to help the lender deliver marginal cash earnings growth in the first half, though analysts believe its lofty valuation seems untenable amid rising macroeconomic headwinds.
Top Australian bank CBA's first-half profit beats estimates
Commonwealth Bank of Australia reported better-than-expected first-half cash earnings on Wednesday, helped by robust volume growth across its home lending and deposit products portfolio as well as a lower loan impairment expense.
Commonwealth Bank of Australia Profit Meets Analyst Estimates
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Commonwealth Bank of Australia ’s profit rose as core business growth buoyed the nation’s largest lender.
Three out of four experts predict RBA rate cut next Tuesday
The likelihood of imminent relief for Australians with a mortgage is growing, with more and more experts supporting the odds ...
Reserve Bank of Australia to deliver a hawkish rate cut this month: Strategist
Andrew Ticehurst of Nomura Australia says the Reserve Bank of Australia is likely to deliver a rate cut in February that a ...
$55 billion: Australia's new home loan records — and how much we're borrowing
On average, NSW residents borrow a whopping $811,000, Queenslanders borrow $635,000, South Australians borrow $580,000 and ...
Australia’s money markets point to a 93 per cent chance of a rate cut
The money markets say there is a 93 per cent chance Aussies will start getting mortgage relief when the Reserve Bank of ...
There is no way the Reserve Bank can cut interest rates next week
The central bank would be well advised not to misjudge the politics. An easing of monetary policy would put more jobs and ...
Planes, phones and a bank: What Australians used to own
The potential sale of Rex Airlines to the federal government has been described as a "special case" in order to service rural ...
Two of the big four banks have moved on savings rates
A flurry of banks have begun to cut term deposits in anticipation of a rate reduction by the Reserve Bank of Australia on Tuesday.
Australia Business Confidence Improves Even as Conditions Slacken, Survey Says
The survey from National Australia Bank (NAB) showed its index of business conditions fell 3 points to +6 in January, ...
Impact of proposed US tariff measures on Australia
The proposed 25% tariff on all steel and aluminium imports into the US will severely impact Australian mining companies.
RBA’s Looming Policy Meeting Set to Be a Tense Tightrope Walk
If money market pricing is to be believed, an interest-rate cut by the Reserve Bank of Australia next week is nearly a done deal.