Bank boss makes huge cash call
Commonwealth Bank boss Matt Comyn has backed cash, saying his bank will provide it to customers even as customers preferences change.
Commonwealth Bank boss Matt Comyn has backed cash, saying his bank will provide it to customers even as customers preferences change.
Domino’s Pizza has swung to a loss in the first half of the year as the pizza maker announces plans to simplify the business.
The ASX200 snapped a five day losing streak, but cracks are still appearing as more companies are missing the mark this reporting season.
Australia’s sharemarket finished in the red on Friday as consumer discretionary and financials continued to weigh on the local market.
Banks weighed on the ASX on Monday with disappointing earnings updates from Westpac and Bendigo Bank pushing the index to the red.
Competition among mortgage providers has spurred a big four bank to cut its variable interest rates ahead of tomorrow’s RBA decision on the cash rate.
Australia’s sharemarket continued its rally higher on Friday as traders factored in a more reserved Donald Trump on US tariffs.
Banks are cutting one particular offering as they gear up for the Reserve Bank of Australia to do the same to the cash rate.
The Aussie market finished at a new high on Thursday, helped by the listing of the mega Chemist Warehouse–Sigma Healthcare merged business.
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
The Australian sharemarket closed at a record high on Wednesday off the back of strong share price growth from the major banks.
CBA has announced an eye-watering half-yearly profit despite citing cost-of-living concerns for customers.
A major fall in the healthcare sector dragged the ASX 200 down as the market factored in the latest update in US President Donald Trump’s tariffs.
A petition to save cash through guaranteeing access to the tender and relevant banking services has surpassed 200,000 signatures.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/2