Interest rate hold offers some ‘reprieve’ as small businesses struggle to survive

[ad_1] In eight years running her North Bendigo milk bar, owner Donna Tuohey says she has never seen times so tough.  Key points: The RBA has decided to keep its benchmark…

Australian retail sales exceed forecasts

[ad_1] SYDNEY: Australian retail sales climbed more than expected in May, suggesting that household spending remains resilient in the face of rising interest rates and cost of living pressures. Sales…

Global equities peak, Treasuries climb after Fed affirms taper plan

[ad_1] [1/3] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 1, 2021. REUTERS/Staff Global stocks trading ends at all-time highs European…

Global equities, U.S. yields rise despite weak U.S. economic growth data

[ad_1] U.S. economic growth falls sharply S&P 500, Nasdaq hit record Global equities edge higher U.S. yield curves flatten ECB leave monetary policy unchanged NEW YORK, Oct 28 (Reuters) –…

Glynn’s Take: Question of Next RBA Governor Now Urgent With Rates Set to Jump

[ad_1] SYDNEY—Australian Treasurer Jim Chalmers needs to urgently answer the question of who will lead the Reserve Bank of Australia beyond September amid deepening unease in financial markets and fear…

Australia’s central bank owes underpaid workers over $770,000

[ad_1] SYDNEY, June 14 (Reuters) – Australia’s central bank will pay out just over A$1 million in back pay after an internal review found on Wednesday the bank had systematically…

U.S. dollar little changed following Fed minutes

[ad_1] [1/3] An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul April 28, 2010. REUTERS/Jo Yong-Hak/File…

NAB Markets (Metro) – Post June 2023 RBA Cash Rate Target Announcement | Business Research and Insights

[ad_1] 8 Jun 2023 The RBA Board is ‘Finely Balanced’ at the moment and we consider future meetings ‘live’. What does the Interest Rates pathway in the back half of…

Westpac ditches cost-cutting target, says profit margins to thin

[ad_1] May 8 (Reuters) – Australia’s Westpac Banking Corp (WBC.AX) on Monday threw out a cost-cutting target citing inflation and flagged thinner profit margins going ahead, but investors pushed its…

ANZ posts half-year cash profit above estimates, but outlook downbeat

[ad_1] May 5 (Reuters) – ANZ Group Holdings Ltd (ANZ.AX) on Friday edged past expectations with a 22.8% rise in first-half profit but warned of a tough second half amid…