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FOUND: Nab - You Need To See This

Australian shares slide as rate-hike fears mount

Inflation worries have reignited concerns of tighter borrowing costs, darkening an already gloomy outlook for economic growth and company returns.

AAP

Median rental unaffordable for Australians on $130,000

The median rental costs more than half the pay of an average worker in every Australian capital city, a report by Everybody's Home has found.

AAP

Aussie shares flat as health stocks, BHP limit losses

Earnings season continues to drive local stock volatility, after company results drove buying in BHP and the beaten-down healthcare sector.

AAP

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Banks and miners drag market to worst week in months

The ASX has retreated sharply a week after hitting record highs as macroeconomic concerns, metals prices and high earnings benchmarks weigh on confidence.

AAP

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

AI boom, productivity malaise making RBA's job harder

Investment in AI is supporting demand in the economy at a time when the Reserve Bank wants it to cool, but the housing downturn should help get inflation down.

AAP

Inflation numbers to bring relief for mortgage holders

The Reserve Bank is widely tipped to keep interest rates on hold, but economists are still warning inflationary risks remain.

AAP

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Can Australia make housing affordable while avoiding a major market crash? We may soon find out

Politicians’ fever dreams of ‘sustainable price increases’ – where values keep rising, but by less than wages – could happen

The Guardian - AU

Can Australia’s newest bank give the ‘big four’ some real competition?

Australia officially has a new bank. Last week, the Australian Prudential Regulation Authority granted Revolut Australia a full banking licence. This means it can now accept deposits as an Australian bank, offer eligible deposit products protected under the Financial Claims Scheme, and expand its savings and lending services.

The Conversation

Shares fall from multi-month high as confidence wanes

The ASX has handed back most of Wednesday's gains, as fresh strikes between the US and Iran stoked fears about global inflation and growth.

AAP

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

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

AAP

What's in store for Beaumont Street's landmark former bank building

Plans have been lodged to transform the former NAB Bank building.

Newcastle Herald

Pakistan HC grants Imran Khan, Bushra Bibi 2 weeks to begin arguments in Al-Qadir case

Imran Khan alongside Bushra Bibi has been granted a two-week window by the Islamabad High Court to initiate final arguments in their appeal regarding their conviction in the Al-Qadir corruption case. Additionally, the court dismissed various contempt petitions associated with securing signatures on legal documents. The allegations encompass a £190…

The Times of India

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The Conversation

Australia risks losing its ‘corporate brain’ if more high-value jobs keep being sent offshore

This year, some of Australia’s biggest and best known companies – Telstra, National Australia Bank (NAB), Officeworks and Woolworths – have decided to cut jobs locally, while creating more overseas. Those will mainly be in India, the Philippines and Vietnam.

AAP

Slowing economy could shut the door on more rate hikes

Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.

AAP

AAP Rolling News Bulletin June 10, 1000

AAP Rolling News Bulletin for June 10 at 1000

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AAP Rolling News Bulletin for June 10 at 0930

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AAP Rolling News Bulletin June 10, 0900

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