AU Evening Wrap: Australian Shares Close Steady as Financials and Real Estate Stocks Rise
Australian shares close steady as financials and real estate stocks rise. Among the 11 sectors of the ASX 200, health is the worst performer, dropping 1.0%.
What's the Outlook for the Westpac Share Price in FY25?
The Westpac Banking Corp (ASX: WBC) share price closed at $27.22 on Tuesday, 0.93% higher for the day and up 17.94% in the year to date.
AU Evening Wrap: Australia Shares Rise 1.0% as RBA Holds Rates
Australia shares rise 1.0% as RBA holds rates. All eleven sectors close higher,
Australian Shares Soar Over 1% as RBA Holds Rates Steady
Australian shares rose more than 1% on Tuesday, its highest in more than a week, as the country's central bank held rates steady. The S&P/ASX 200 Index jumped 77.80 points, or 1.0%, to 7,778.10. The R
Westpac Banking to Redeem Capital 6 Notes on July 31
Westpac Banking (ASX:WBC, NZE:WBC) will redeem all outstanding capital notes 6 next month and pay holders AU$100 for each note held, according to Tuesday filings with the Australian and New Zealand bo
RBA June Interest Rate Decision Preview: How Does RBA Balance Inflation Control with Economic Growth?
The Reserve Bank of Australia(RBA) will likely hold its fifth consecutive meeting on Tuesday, keeping its key policy rate unchanged. Most economists expect the RBA to cut interest rates for the first time in the last quarter of the year.
AU Evening Wrap: Australia Shares Slip 0.3% as Commodity Stocks Fall
ASX 200 closed 0.3% lower at 7700.3, slipping to a fourth decline in five sessions on continued weakness in commodity stocks.
AU Morning Wrap: ASX Flat; Tabcorp Falls
ASX flat; Tabcorp falls. Stocks to watch: Tabcorp, Bapcor, Life360.
Investors May Not Be Seeing Aussie Bank Risks -- Market Talk
2245 GMT - Risks associated with Australian banks are getting very little consideration from investors, says Citi analysts Brendan Sproules and Thomas Strong in a note. They argue that threats to lend
AU Evening Wrap: Australia Shares Rise 0.4% as Unemployment Rate Falls
Australia shares rise 0.4% as unemployment rate falls. Nine out of eleven sectors finished higher, with tech and healthcare leading the way.
Major Australian Banks Return on Tangible Equity May Fall Further -- Market Talk
Major Australian banks return on tangible equity levels have trended lower over the past 20 years and may decline further as the cost of risk normalizes, says E&P Capital analyst Azib Khan in a note.
New Zealand Parliament to Investigate 'Big Four' Banks on Competition Concerns
The New Zealand parliament is set to conduct a joint inquiry into ANZ Bank New Zealand (NZE:ANZ, ASX:ANZ), Westpac New Zealand (NZE:WBC, ASX:WBC), ASB Bank, and Bank of New Zealand on competition conc
Australian Banks to Benefit From Lower Provisioning
0240 GMT - Credit quality at Australian banks has been resilient, with majors adopting a conservative approach to provisioning, say Morgan Stanley analysts in a note. The average collective provision
AU Evening Wrap: Australia Shares Rise 0.7% on Broad-Based Gains
Australia shares rise 0.7% on broad-based gains. Tech and financial stocks led the gains, in line with positive momentum in US equities.
Australian Bank ROE Moves Lower Versus Rest of the World -- Market Talk
0439 GMT - Australian banks' return on equity has moved from among the highest to now amongst the lowest globally, say Goldman Sachs analysts Andrew Lyons and John Li in a note. For Australia, GS pins
ANZ's Mortgage Slowdown Benefits CBA, Westpac -- Market Talk
0439 GMT - ANZ slowing momentum in mortgages has seen Westpac and CBA take over share of business, says UBS analyst John Storey in a note reviewing regulator bank data for April. In that month, UBS sa
Why You Should Sell CBA, Westpac, and Bank of Queensland Shares in June
The banking sector has been a great place to invest over the last six months.
2 High-yield ASX Shares I'd Buy Right Now for Dividends
Investors searching for passive income could do very well with high-yield ASX shares. In fact, one of the advantages of buying companies for dividends is that there is a second source of investment return other than capital gains – income.
Are ASX 200 Bank Shares a Good Investment Right Now?
S&P/ASX 200 Index bank shares are among the most widely held equity investments in Australia.
Westpac Target Price Raised 4.2% to A$25.00/Share by UBS>WBC.AU
Westpac Target Price Raised 4.2% to A$25.00/Share by UBS>WBC.AU
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