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BIZARRE: Anz - What They Never Told You

Banks help Aussie shares snap three-day losing streak

Australian stocks have staged a rally after falling for days on elevated inflation risks, but caution persists as traders weigh the path ahead for markets.

AAP

‘Pent-up demand’: first home buyers chase more loans as property investors step back, data shows

Exclusive: New entrants the only cohort making more loan applications amid interest rate rises and tax changes, mortgage broker says

The Guardian - AU

Rents are up, house prices are down. Labor's housing 'fix' needs a reality check

Modelling predicted a small impact. The market says otherwise.

The Canberra Times

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Google parent jumps on Aussie kangaroo for AI billions

Google's parent is planning its first Australian dollar debt issue - the first by a US tech giant in nearly 10 years - to raise funds for its AI forays.

AAP

Canberra house prices to drop by 5.4 per cent in 2026, forecasts ANZ

The general market softening is expected to continue until 2028.

The Canberra Times

As home loan applications drop, the big four banks face a growing challenge from Macquarie

Over the past week, all four of Australia’s biggest banks have reported falls of between 12% to 20% in new home loan applications since the May federal budget.

The Conversation

Aussie shares fall as CommBank, miners drag on market

The ASX has continued to grind lower during earnings season, but there are signs investors are tipping the exchange will soon head higher.

AAP

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Isn’t it amazing what a policy that actually tackles the cause of outrageous house prices can do?

Labor has shown what a government can do to improve housing affordability, exposing how pathetic previous attempts had been

The Guardian - AU

Rate watchers eye inflation data and RBA chief's speech

Economists from some of the nation's biggest banks are expecting the RBA board to hold rates at its upcoming meeting, as crucial inflation data is set to drop.

AAP

RBA now twice as likely to hike interest rates as US-Iran war drives fuel prices higher

Experts warn global energy market at a ‘critical juncture’ with escalating Middle East crisis expected to further drag on a slowing Australian economy

The Guardian - AU

Jobs data tops economic agenda as Iran war re-escalates

Resilient jobs data is a bright spot for Australia's economy but the longer the Middle East conflict drags on, the worse the prospect for growth and inflation.

AAP

Rupee slips on week as Iran flare-up spurs caution, merchant hedging

The Indian rupee ended nearly unchanged on Friday, but the week closed on a weaker note. Investor caution grew amid renewed hostilities in the Middle East, impacting oil-affiliated currencies. Meanwhile, global stock markets thrived, propelled by AI innovation and SK Hynix's entry in the US. The Japanese yen gained momentum…

The Economic Times

Longest stretch of weak growth since 1990s forecast

Rarely has Australia's near-term economic outlook appeared so gloomy, says Deloitte Access Economics.

AAP

Banks and supermarkets drag Australian shares lower

The ASX200 suffered its seventh losing session in 10 days, with Coles and ANZ suffering their worst day in months.

AAP

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The Economic Times

Oil climbs following renewed US, Iran strikes in Middle East

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed talks, analysts caution that a full recovery of Gulf oil supply could take months due to lingering issues. Saudi Aramco has resumed…

The Economic Times

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruption

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attacks involving the United States and Iran raised concerns over energy supplies through the Strait of Hormuz. Brent crude futures and US WTI crude moved higher…

AAP

Great Place To Work® Announces Best Workplaces™ in the Philippines IT-BPM Industry 2026, representing the voices of 679,116 employees across 30 organizations.

MANILA, Philippines, June 12, 2026 /PRNewswire/ -- Great Place To Work® ASEAN & ANZ, the global authority on workplace culture, today announced the Best Workplaces in the Philippines Information Technology and Business Process Management (IT-BPM) Industry for 2026. This year, for the first time, the list introduces size-based categories, giving…

AAP

Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

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The Guardian - AU

Personal loans booming as cost of living drives Australians to borrow record amounts

National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March

The Economic Times

India bonds slip ahead of RBI policy as war risks lift oil

The Reserve Bank of India will announce its rate decision on Friday, with markets largely pricing in a pause even ‌as Standard Chartered, ⁠Capital Economics, ⁠ANZ, MUFG and OCBC call for a 25-basis-point hike.

AAP

Temporary fall in inflation won't ease RBA fears

A short-lived reduction in the fuel excise has provided some momentary price relief but inflation will only worsen without a resolution to supply blockages.

AAP

Aussie shares rebound after Trump postpones new attack

The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran.

The Guardian - AU

Australia’s property investor borrowing rises at fastest rate in a decade – despite interest rate rises

Owner-occupier mortgage growth slowed under growing costs while investor loans grew by $42bn in the year to March, a 9.6% increase

AAP

Australian shares snap eight-session run of losses

The ASX has ended the week on a positive note, buoyed by strong US earnings despite ongoing uncertainty over the Gulf energy crisis.

AAP

Australia will avoid recession, despite global jitters

One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.

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Shemara Wikramanayake

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