NAB sees economy slowing gradually, with rate cuts still ahead
Australia’s economy is expected to slow gradually, but NAB does not anticipate a sharp downturn, according to its latest Forward View report
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US Bond Yields Climb as Government Borrowing Costs Rise
US Treasury yields have continued to climb in recent weeks, with the 10-year US Treasury yield reaching 4.70%. That puts borrowing costs around levels seen before
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Australia’s debt bill hits $1 trillion
Government borrowing reaches a new milestone amid rising fiscal pressures
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Employment takes a hit in July
Australia’s employment market weakened in July, with total employment falling by 16,000 people, according to the latest figures from the Australian Bureau of Statistics
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Bull Markets, Bear Markets, and Market Crashes: What Investors Should Expect
Understanding the difference between a bull market vs bear market can help you make sense of market movements and stay calm during periods of uncertainty
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How Global Events Like Wars, Oil Prices, and Elections Impact the Stock Market
Understanding the relationship between global events and stock market movements can help investors make sense of sudden market reactions and economic uncertainty
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ASX opens lower despite global tech rally
The S&P/ASX 200 was down 0.7% to 9,127 points by 10:25am AEST, underperforming major overseas markets that continued to benefit from strength in technology and artificial intelligence stocks
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New home loans fall as housing demand weakens
Australia’s housing lending market continued to lose momentum in the June quarter, with the latest Australian Bureau of Statistics (ABS) data showing a 5.4% decline in new home loans
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Is ANZ shifting its lending strategy as housing demand slows?
ANZ’s latest trading update points to a changing lending environment, with the bank maintaining modest growth in home loans while placing greater emphasis on business lending
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Telstra Boss Gets 11% Pay Rise Despite Job Cuts and Major Outage
Telstra CEO Vicki Brady has received an 11% pay rise, taking her total remuneration to $6.8 million for the last financial year, despite the telecommunications giant cutting more than 1,200 jobs
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Why SEEK Shares Just Suffered Their Worst Fall Since COVID
SEEK has suffered its sharpest share price decline since the early days of the COVID-19 pandemic, with shares plunging 16% after the online employment platform reported a significant statutory loss for the financial year
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Is Australia's Mortgage Market Finally Turning a Corner?
Australia's mortgage market may be showing early signs of stabilisation, with Commonwealth Bank of Australia (CBA) expecting mortgage credit growth to settle in a relatively narrow 4–5% range over the year
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