Headline inflation in Australia has soared to a historic high of 6.1 per cent driven by new dwelling purchases and rising fuel prices.
Australia and New Zealand Banking Group will become the third largest domestic home lender after acquiring the banking division of competitor Suncorp Group Ltd for $4.9 billion.
The Reserve Bank of Australia’s forecast on rate rises was completely wrong. It’s time the RBA owned up and apologised to households.
Citing macroeconomic and market conditions, Zip Co Limited and Sezzle Inc have mutually agreed to terminate their previously announced merger.
Strong labour figures will reassure the Reserve Bank of Australia that the economy is match fit to weather further increases in the cash rate. As long as households remain employed, the likelihood of mortgage stress remains extremely low – even if rising debt payments inflation is reducing purchasing power.
The Australian Securities Exchange (ASX) recently launched the S&P/ASX Agribusiness Index (XAG) to offer investors direct exposure to domestic public agribusinesses.
Here are five lessons every investor can take away from FY22.
With the S&P/500 index down 21% per cent so far in 2022, investors are asking when will the market finally reach a bottom. There’s no definitive answer, but these three charts suggest there is further pain ahead.
It’s been a relatively difficult two years for market darling CSL Limited. Despite the lacklustre recent performance, here are five reasons to be bullish on CSL.
The Reserve Bank of Australia (RBA) increased interest rates on Tuesday by another 50 basis points, bringing the cash rate to 1.35 per cent as it attempts to rein in soaring inflation.
