Latest News for: Australia banking


NAB offers support to flood impacted customers in NSW (NAB - National Australia Bank Ltd)

Public Technologies 05 Jul 2022
). NAB has today announced support available to customers in flood-affected areas in NSW. NAB encourages customers affected by the floods to contact the bank when they're ready to discuss a range of financial relief measures, including. ... · Deferring upcoming credit card payments ... Further assistance ... ENDS ... NAB Media Line ... NAB - National Australia Bank Ltd.

Why Australia's baby boomers want more interest rate rises - as mortgage holders prepare for ...

The Daily Mail 05 Jul 2022
The Reserve Bank of Australia is widely expected to raise the cash rate by half a percentage point at 2.30pm, AEST, on Tuesday, taking it to a three-year high of 1.35 per cent - from 0.85 per cent ... The Reserve Bank of Australia (governor Philip Lowe, pictured) is widely expected ...

Aussie ascendant before RBA; yen pressured by rising U.S. yields

FX Empire 05 Jul 2022
Economists polled by Reuters expect the Reserve Bank of Australia on Tuesday will deliver another half-percentage-point rise in ... The policy outlook may not sustain the euro longer term though, National Australia Bank markets economist Tapas Strickland wrote in a note to clients.

Stocks, US futures advance amid tariff speculation: Markets wrap | Mint

Live Mint 05 Jul 2022
Aside from developments related to China, traders are also monitoring Australia’s interest-rate decision. The central bank -- among more than 80 to have raised rates this year -- is expected to implement back-to-back half-percentage point rate hikes for the first time ever ... Premium RBI suggests govt ask Brics Bank to sell rupee bonds ov ...

‘Big expectation’ RBA will hike interest rate by 50 basis points to 1.35 per cent

The Daily Telegraph Australia 05 Jul 2022
The Reserve Bank of Australia is widely expected to raise interest rates on Tuesday at its July board ...

Interest rates are going to ‘keep rising’

The Daily Telegraph Australia 05 Jul 2022
Mr Boyd said the likely prediction is the Reserve Bank of ...

Asia-Pacific markets open higher; Reserve Bank of Australia decision ahead

CNBC 05 Jul 2022
Shares in the Asia-Pacific opened higher as investors look ahead to the Reserve Bank of Australia's rate decision ... .

The shocking numbers that prove Australia's property market is already in freefall - even before ...

The Daily Mail 04 Jul 2022
Little more than half of homes sold for more than the reserve price at the weekend, with major banks expecting the Reserve Bank of Australia will hike interest rates again on Tuesday by 0.5 percentage points ... The Commonwealth Bank, Australia's biggest home lender, is expecting ...

Why buying shares is a BAD idea as mortgage-holders brace for interest rate pain tomorrow ...

The Daily Mail 04 Jul 2022
The big banks and mining giants have suffered sharp losses during the last financial year, with Australia's best performing company a year ago - lesser-known precious metals group Chalice Mining - losing half its value ... The Commonwealth Bank, Australia's biggest home lender, saw its share price plunge by 9.5 per cent from $99.87 to $90.38.

Higher interest rates may not slow inflation, and central banks are partly to blame | ...

The Guardian 04 Jul 2022
The Reserve Bank of Australia’s decision to raise the cash rate may backfire and cause economic instability Homeowners warned to expect at least two ...

Australian Shares Rally After Three Losing Sessions

The Epoch Times 04 Jul 2022
... gains in the ASX as the stock prices of the Big Four banks–Commonwealth Bank of Australia, ANZ, Westpac and National Australia Bank–climbed by 1.8-2.3 percent.

NAB achieves another green bond first (NAB - National Australia Bank Ltd)

Public Technologies 04 Jul 2022
NAB Group Executive, Corporate and Institutional Bank, David Gall said NAB recognises the important role the bank plays in helping finance the nation's pursuit towards reducing emissions and addressing climate change ... NAB is the leading Australian bank provider of project finance to the global renewables segment[1] ... NAB - National Australia Bank Ltd.

Reserve Bank Governor wants to ‘scare’ people with interest rates rise

The Daily Telegraph Australia 04 Jul 2022
The Switzer Report Founder Peter Switzer says Reserve Bank of Australia Governor Philip Lowe wants to “scare” people by raising interest rates.

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