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AU Evening Wrap: Australia Shares Rise 1%, Paring Recent Losses
Australia shares rise 1%, paring its recent losses but still slipping to a second straight weekly loss. Consumer stocks were among Friday's largest gainers, with travel-related companies, discretionary retailers and supermarkets all rising.
Do the Dividends From Westpac Shares Still Come Fully Franked?
When an Australian investor buys an ASX bank stock, they are probably doing so with the expectation of receiving steady, fat and fully franked dividend payments.
AU Evening Wrap: Australia Shares Fall 0.5% for Third Straight Decline
Australia shares fell 0.5% for third straight decline amid weakness in shares of large banks and miners. The heavyweight materials sector lost 1.9%.
AU Evening Wrap: Australia Shares Tumble 1.3% as Rate-Cut Hopes Fade
Australia shares tumbled 1.3% as rate-cut hopes faded, with all eleven sectors finishing down and consumer staples and financials leading the way.
Fitch Ratings Upgrades Westpac Banking's Rating to AA-
Fitch Ratings upgraded Westpac Banking's (ASX:WBC, NZE:WBC) long-term issuer default rating by one notch to AA-, with a stable outlook. The upgrade reflected the build-up of buffers by the bank throug
Australia's Five Largest Banks Get Fitch Ratings Upgrades
0505 GMT - Australia's five largest banks get Fitch Ratings upgrades to reflect the building up of resolution buffers. One-notch upgrades to ANZ, CBA, NAB, Westpac and Macquarie lift each bank's long-
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