Latest News for: Australia banking

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Timani returns from exile to Australia squad for France test series

Supersport 13 Jun 2021
</b> Tom Banks, Filipo Daugunu, Lalakai Foketi*, Jake Gordon, Reece Hodge, Len Ikitau*, Andrew Kellaway*, Marika Koroibete, Noah Lolesio, Tate McDermott, Andy Muirhead*, James O'Connor, Hunter Paisami, Izaia Perese*, Matt Toomua, Nic White, Tom Wright.</p><b>Forwards.
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All you wanted to know about NRI bank fixed deposits

Business Line 12 Jun 2021
If you are an NRI the rates offered on fixed deposits by banks in India may, however still be relatively higher when compared to those on fixed income investments in countries where you currently reside – be it the USA, UK, Australia, Saudi Arabia, or Denmark. NRIs can invest in bank FDs in India either in Indian rupees or foreign currency.
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Vital Signs: It's not the Reserve Bank's job to worry about housing prices

Beijing News 11 Jun 2021
Once again folks are pointing to the potential danger of Australia's low interest rates. This week a poll of so-called "market economists" by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank of Australia's current stance, with 68% saying its monetary policy was too loose - that is, interest rates are too low.
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The risks of 'buy now, pay later': How funky apps such as Afterpay and credit ...

The Daily Mail 11 Jun 2021
While interest rates are at record lows, the banks are still required to be strict when it comes to approving mortgages ... While interest rates are at record lows, the banks are still required to be strict when it comes to approving mortgages ... PayPal this week also announced it would launch a new rewards credit card in Australia in July.
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Revealed: The ute with the highest customer satisfaction - and it's NOT a HiLux or Ranger

The Daily Mail 11 Jun 2021
A ute has Australia's highest customer satisfaction score but it's not a bestselling Toyota HiLux or Ford Ranger ... BEYOND BANK AUSTRALIA ... Lesser-known brands also made the top ten for customer satisfaction including Beyond Bank Australia (92.2 per cent), the Schnitz takeaway schnitzel franchise (91.2 per cent) and Aussie Broadband (91.3 per cent).
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ASX 200 edges higher at close; Australia shares rise for fourth week as US inflation worries cool

The Times of India 11 Jun 2021
However, heavyweight financials lost 0.8 per cent, with all "Big Four" banks closing in the red. National Australia Bank posted a 3.8 per cent weekly loss, recording its worst week since late October last year, as the lender is under investigation for suspected breaches of anti-money laundering laws.
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Why the CBN wants to get into digital currencies

Business Day Online 11 Jun 2021
Intense interest in cryptocurrencies, such as the bitcoin, as well as the Covid-19 pandemic has sparked debate among Central Banks globally on whether they should issue digital currencies of their own ... The Central Bank of Nigeria (CBN) on Thursday said its digital currency may be launched by the end of 2021.
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PBOC Governor Sees Stable Policy, Inflation Below Target

Caixin Online 11 Jun 2021
(Bloomberg) — China’s central bank Governor Yi Gang said consumer inflation is likely to stay below ... “It seems that the People’s Bank of China wants to manage the market expectation,” said Raymond Yeung, chief economist for Greater China at Australia and New Zealand Banking Group.
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Indian markets may open marginally higher on cues from global peers

Live Mint 11 Jun 2021
Asian stocks were steady early on Friday after US shares and treasuries rallied as investors judged that a jump in inflation is likely to be transitory, leaving scope for ongoing central bank support. Japanese shares fluctuated, South Korea rose and Australia slipped ... Premium Yes Bank board approves raising funds up to ₹10,000 cr ....
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GIC-backed Klarna's valuation hits $61b after fund raising

Straits Times 11 Jun 2021
... Vision Fund II, lifting its valuation to about US$46 billion (S$61 billion) - higher than several of the region's major banks ... Klarna's other investors include Commonwealth Bank of Australia, Ant Group, rapper Snoop Dogg, BlackRock and Singapore's sovereign wealth fund GIC.
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GIC-backed digital payments firm Klarna's valuation hits $60.9 billion after fund-raising

Straits Times 11 Jun 2021
... - higher than several of the region's major banks ... Klarna's other investors include Sequoia Capital, NorthZone, Silver Lake, Dragoneer, Permira, Commonwealth Bank of Australia, Bestseller Group, Ant Group, rapper Snoop Dogg, BlackRock and Singapore's sovereign wealth fund GIC.
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JOAN MULLER: Time to sell, as SA’s homebuying mini-boom fades

Business Day 11 Jun 2021
Data published by the Bank of England this week revealed that average mortgage rates for borrowers (who are ... Australia has seen an equally strong rebound in house prices.&nbsp;That country’s ANZ Bank predicts that house prices will rise by as much as 17% this year. .
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Why scrapping stamp duty will make houses CHEAPER and enable young people to buy their ...

The Daily Mail 11 Jun 2021
Scrapping hated stamp duty could be the key to making housing more affordable for young Australians ... Share ... The surge in property prices across Australia is so bad the banking regulator this week released new data showing a surge in the proportion of borrowers who owe the bank more than six times what they earn, with interest rates at a record low ... .
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The world's 'coolest' street revealed by Time Out

Henry Herald 10 Jun 2021
Topping the list is Smith Street in Melbourne, Australia, a buzzy thoroughfare known for its independent stores, gay bars, live music venues and great restaurant scene ... At number three on the list is London's South Bank, a ... Smith Street, Melbourne, Australia ... South Bank, London, UK.
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Iron ore price rises as China sees inflation “under control”

Mining Dot Com 10 Jun 2021
“We’re already seeing reports surface that mills in China have a reduced preference for higher-grade ore with steel mill margins down 75-85% from peaks in mid-May,” commodities&nbsp;analyst at Commonwealth Bank of Australia Vivek Dhar told Reuters.
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