Stuart Condie
Value of new home loans fell 5.9 per cent in December
The value of household lending excluding refinancing fell 5.9 per cent in December, dragged down by an 8.2 per cent plunge in...
Macquarie Group on track for $3 billion profit
Macquarie Group expects annual profit to soar 15 per cent to nearly $3 billion for what should be a fourth straight record...
JB Hi-Fi bucks retail trend to lift its profits 5.5 per cent
JB Hi-Fi has lifted first-half profit 5.5 per cent to $160.1 million despite volatile holiday trading for the electronics and home entertainment...
Thorburn vows to continue as NAB boss despite Hayne criticism
NAB chief executive Andrew Thorburn says he is “more determined than ever” to lead the bank after Kenneth Hayne reignited speculation over...
Inflation accelerates, but annual rate sluggish
Inflation accelerated to 0.5 per cent in the December quarter, beating market expectations of a 0.4 per cent rise but not enough...
AMP to slash dividend to shareholders on 96% profit drop
AMP has flagged a 96 per cent drop in full-year profit and a drastically smaller final dividend after confirming it will set...
Big bank holdout joins rivals and lifts mortgage rates
NAB has finally joined its big four rivals in hiking variable mortgage rates, citing funding costs and shareholders. NAB had for months...
RBA worried about tight credit and sluggish consumption
The RBA stuck to its growth forecasts when it held the cash rate at a record low 1.5 per cent at its...
IOOF duo step down to fight APRA action
IOOF Holdings’ managing director and chairman have stepped aside following moves by the prudential regulator to disqualify the beleaguered wealth manager’s top...
Reserve Bank keeps interest rates on hold at 1.5%
The Reserve Bank has kept the official cash rate at a record low and reiterated its economic growth forecasts, but is keeping...