Latest News for: Australia banking

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Vanuatu Prime Minister asks Bank of China to open branch in Port Villa

Hindustan Times 12 Jul 2024
The announcement comes as the United States and Australia scrabble to devise a plan to improve financial access in the ... Bank of China has offices in New Zealand, Australia and Papua New Guinea.
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Speculation of Japan forex intervention after yen rally

The Jakarta Post 12 Jul 2024
... had any confirmation, and we don't in these things, but we strongly suspect the hand of the Bank of Japan there," Ray Attrill at National Australia Bank said.
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New Woolworths, Coles, Aldi trend as Aussies face economic storm

The Daily Mail 12 Jul 2024
Spending data out on Thursday though the Commonwealth Bank household showed the economic challenges appear to be hitting renters harder, with a 0.9 per cent fall in renter spending recorded in the year to June.
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Japan yen rallies, forex intervention speculated

The Manila Times 12 Jul 2024
"I haven't had any confirmation, and we don't these things, but we strongly suspect the hand of the Bank of Japan there," Ray Attrill at National Australia Bank said ... central banks have hiked theirs.
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Bendigo Bank app and website goes down

The Daily Mail 11 Jul 2024
Bendigo Bank's ... The Reserve Bank is currently examining the benefits of a central bank digital currency (CBDC) being introduced to to Australia, which would be a 'programmable' currency such as China's.
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Crafty way sneaky scammers stole more than $150,000 from an Aussie man during a property ...

The Daily Mail 11 Jul 2024
The scammers sent the West Australia man an email pretending to be his settlement agent, then swapped the bank account details to their own ... bank details for their own (stock image) ... Western Australia.
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Major bank drops mortgage rates, term deposits

NewstalkZB 11 Jul 2024
“The committee’s messaging gives us greater confidence that the bank will commence its easing cycle in November,” said Abhijit Surya, Australia and New Zealand economist at Capital Economics.
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Queensland property prices: How young Aussie purchased two homes

The Daily Mail 11 Jul 2024
Despite the Reserve Bank increasing interest rates to get a hold of inflation, property prices in Australia's capital cities have continued to surge by another 20 per cent in the last year ... Australia.
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Sterling hits four-month high; dollar falters ahead of US inflation test

Khaleejtimes 11 Jul 2024
Sterling strengthened to a four-month high on Thursday after comments from Bank of England ... We think that may also be the case," said Carol Kong, a currency strategist at Commonwealth Bank of Australia.
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Sydney Trains: Commuters stunned by man

The Daily Mail 11 Jul 2024
The Reserve Bank of Australia expects the labour market to soften as its interest rate hikes work to slow the economy and bring inflation back within its two-three per cent target range.Read More.
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Asian markets track Wall St records after Powell hints at rate cut

Potter Leader-Enterprise 11 Jul 2024
On a second day of testimony to lawmakers, Powell said decision-makers would not wait until inflation had hit the bank's two percent target before loosening monetary policy, adding ... Taylor Nugent at National Australia Bank warned ... Tokyo - Nikkei 225.
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Markets track Wall St records after Powell hints at rate cut

Potter Leader-Enterprise 11 Jul 2024
On a second day of testimony to lawmakers, Powell said decision-makers would not wait until inflation had hit the bank's two percent target before loosening monetary policy, adding ... Taylor Nugent at National Australia Bank warned ... Tokyo - Nikkei 225.
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Favorite emerges in race to be Trump

The Daily Mail 11 Jul 2024
... accused of killing woman outside upscale Newport Beach shopping mall targeted the coupleWestpac bank sounds warning about Australia's biggest export iron ore because China now has too much steel.
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Pacific debanking crisis cause for US, Australia concern

Asiatimes 10 Jul 2024
For example, a person in Vanuatu might want to send money to someone in Australia, where their local bank may not operate, so another Australian bank will facilitate the transaction on behalf of the Vanuatu bank.
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Titanium Ventures Announces Promotions

The Joplin Globe 10 Jul 2024
and Australia-based venture capital firm, has today announced the promotion of three team members into key roles ... Previously, Eugin was a private equity associate at CVC Capital Partners and prior, was an Investment Banking Analyst at William Blair.

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File - In this handout photo taken from video released by the Russian Defense Ministry Press Service on Monday, Dec. 19, 2022, The Sovershenny corvette of Russia's Pacific sails off for joint naval drill planned by Russia and China. The joint naval exercise is set to start later this week in the East China Sea.
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Late evening in Naxos Chora (Naxos island, Naxos and Lesser Cyclades/Cyclades, Greece). 20 August 2020.
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