Westpac reports rise in stressed assets and mortgage delinquencies
MAJOR lender Westpac reported a $1.8 billion third-quarter profit, in line with…
Retail sales moderate amid cost of living crunch
SHOPPING centres landlord Vicinity Centres recorded asset write-downs of $338.4 million in…
Consumers closing their wallets and pinching pennies
AUSTRALIAN consumers continued to cut back on spending over July, with Victorians…
Rate hike cycle not over
INTEREST rates could yet rise further, outgoing Reserve Bank of Australia governor…
Fixed-rate mortgage cliff will peak this month
THE forecast peak of the fixed-rate cliff has arrived, with the three-month…
CBA books $10bn profit but loan impairments climb more than 10pc
AUSTRALIA'S largest lender Commonwealth Bank (ASX: CBA) reported a record $10.164 billion…
Myer sales decline after Aussies slow spending
DEPARTMENT store Myer’s sales almost slowed to a crawl over the past…
New home loan activity sinks 20pc
FEWER Australians took out new mortgages over FY23, as loan activity sank…
Rates remain on hold, extended pause on the cards?
THE Reserve Bank of Australia has given Australians another small reprieve, keeping…
Inflation surprise may lead to rate hike reprieve
THE Reserve Bank of Australia has been given reason to hold off…
