• NABZY

Australia business confidence improves even as conditions slacken, survey says

Australia's business activity declined in January due to softening sales and profits, though confidence rose alongside expectations of lower borrowing costs.

• ANZ
• AXDJ
• CMWAY
• NABZY
• WBC

Aussie discretionary retailers hit third straight record on rate cut hopes

Australian discretionary retailers soared after inflation data hinted at possible interest rate cuts, boosting consumer spending and benefiting major retailers like Wesfarmers and Harvey Norman.

• NAB
• NABZY

Australia business conditions improve in December, survey shows

Australian business activity improved in December, driven by Christmas demand, yet confidence remains low amid rising costs and previous weak consumer demand.

• ANZ
• ANZGY
• AXJO
• CMWAY
• NABZY
• WBC

Interest rate path to determine if Aussie banks can sustain rich valuations in 2025

Analysts predict Australian bank shares may struggle to grow in 2025 due to rate paths and inflation, despite strong performance this year driven by investor inflows.

• NABZY

Australia business conditions worst since pandemic, NAB survey says

Australian business activity fell to its lowest since the pandemic in November, with decreased confidence and performance in manufacturing and retail sectors amidst high borrowing costs.

• NABZY

Australia's retail sales firm for 3 months as consumer mood brightens

• ANZ
• CMWAY
• NABZY
• WBC

Top Aussie banks join hands to combat fraud and scam in banking payments

• NABZY

Australia regulator sues NAB for breach of financial hardship laws

Australia's ASIC has commenced civil proceedings against NAB for delays in addressing financial hardship applications, impacting vulnerable individuals amid rising living costs.

• NABZY

Australia Oct business sentiment highest in nearly two years, NAB survey shows

In October, Australian business confidence surged to its highest in nearly two years, buoyed by strong sales and easing input costs, according to the NAB survey.

• ANZGY
• CMWAY
• NABZY
• WBC

Australian banks brace for lower earnings as costs, competition bite

Australia's major banks expect lower annual earnings due to competition, rising deposit costs, and borrower struggles amid high interest rates, with mixed forecasts across institutions.