Reporting season has started and all eyes are on the banks, where for the first time since the COVID 19 pandemic, their collective profitability is being put to the test. Last year was kind to them: rates were falling, which brought borrowers back and helped loans grow, bad debts stayed low and the…
Artificial intelligence is the biggest spending theme in global markets and the money is now landing in Australia. Billions are being poured into the datacentres, power, cabling and finance that AI runs on, and much of it is about to wash through the ASX. For investors, the question that matters is…
By Sherry QinTaiwan's inflation remained elevated for a second straight month in June, despite easing Middle East tensions and lower oil prices.The consumer-price index climbed 2.6% from a year earlier last month, government data showed Tuesday. That was above the 2.25% increase expected in a Wall…
Gold surge helps ASX to a weekly riseSurging prices for Australian gold miners helped the overall share market rally on Friday, up an impressive 1.4%, achieving a 0.9% rise for the week.Investors were more positive about the chances of fewer interest rate rises in the US this year after weaker June…
Welcome to our weekly ChartWatch *LIVE* Webinar series. Hundreds of Aussie investors joined me at lunchtime to learn more about technical analysis by using the ASX stocks they’re interested in as case studies.But that’s the point of ChartWatch *LIVE*: it’s not up to me to set the agenda – it’s up t…
RNS Number : 4959K Australia & New Zealand Banking Grp 01 July 2026 1 July 2026Rachel Slade to join Group BoardOn 1 July 2026, Australia and New Zealand Banking Group Limited released a document titled "Rachel Slade to join Group Board".To view the document, please follow the link below:http…
Australian shares inched lower on Wednesday, the first day of the new financial year, weighed down by major banks, though gains in South32 ASX:S32 helped cap losses after the diversified miner agreed to sell most of its aluminium assets.The S&P/ASX 200 index ASX:XJO fell 0.1% to 8,774.20 by 0010 GM…
New Zealand business confidence jumped in June as firms appear more optimistic about the future and more willing to invest and hire workers despite global uncertainties, an ANZ Bank survey showed on Tuesday.A net 36.6% of respondents expected the economy to improve over the year ahead, up from 10.0…
Australia's prudential regulator said on Tuesday its first system-wide risk-stress test found close links between the country's banks and superannuation funds, highlighting potential vulnerabilities across the financial system.Here are some details:
Australian shares rose on Monday, led by index heavyweight miners on the back of higher gold and iron ore prices, while news of Iran and the U.S. agreeing to halt recent hostilities and renew talks supported appetite for risk assets.The S&P/ASX 200 index ASX:XJO climbed 0.6% to 8,817.78 by 0013 GMT…
