Australia Auction Clearances Slump to Six-Year Low as Rates Rise
Australia’s auction clearance rate fell to its lowest in more than six years as the central bank’s interest-rate increases damp demand.
Australian interest rates
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Sistemul bancar a trecut pe deficit de lichiditate. Dobânzile au crescut GRAFICE
Băncile au înregistrat un deficit net de lichiditate în luna octombrie și au apelat la finanțare repo de la banca centrală. Media ROBOR la 3 luni a urcat la cel mai ridicat nivel din acest an, în timp ce media ratelor interbancare, pe baza cărora…
Australia’s Home Loans Fall by Record After Rapid RBA Rate Hikes
Australian home loans posted a record drop in the third quarter, underscoring the erosion of borrowing demand in response to the Reserve Bank’s aggressive interest-rate increases to control inflation.
CBA Profit Climbs as Banks Grapple With Slide in Mortgage Volume
Commonwealth Bank of Australia’s first-quarter profit climbed as growth in loans to businesses by the country’s largest lender offset struggles in mortgages during the housing slump.
Australia’s Consumer Confidence Slumps on Cost-of-Living Fears
Australia’s consumer confidence tumbled deeper into pessimistic territory in November after the Reserve Bank raised interest rates for a fifth time this year to tackle stubbornly strong inflation.
GE Vernova sellers have it all wrong — plus, why Fed rate hike odds are soaring
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Aussie Falls to Lowest Since January on RBA Slowdown, AI Fears
Australia’s dollar dropped to its lowest level in more than nine months as risk sentiment waned and the interest-rate outlook with the US diverged.
Australians are not streaming Australian music. Why the hell not?! | First Dog on the Moon
Is it because a) live music is just too hard (expensive) to do and b) AI streaming algorithms are eating our brains? Probably Sign up here to get an email whenever First Dog cartoons are published Get all your needs met at the First Dog shop if…
RBA’s Hunter Says AI Boom Will Put Near-Term Pressure on CPI
A senior official at Australia’s central bank said surging investment in areas related to artificial intelligence will further fuel demand in the economy, at a time when policymakers are already aggressively raising interest rates to combat…