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BIZARRE: 15 | Mind Blowing Facts

ASX rises, Suncorp share price jumps amid ANZ takeover bid, NZ inflation hits 7.3 per cent,

As comments from two US central bank officials eased fears about a bigger interest rate hike this month, Australian shares rose on Monday, while Suncorp scrip jumped after ANZ said it would buy the insurer's banking business.

ABC News · Jul 18, 2022

ANZ announces $5 billion Suncorp Bank takeover

Suncorp accepts a $4.9 billion bid from ANZ to take over its banking business, as the big four bank seeks to accelerate its growth.

ABC News · Jul 17, 2022

The Reserve Bank can look across to New Zealand for a hint on Australia's economic future

New Zealand is about six months ahead of Australia in its moves to bring down inflation, so is looking across the ditch a glance into our future?

ABC News · Jul 12, 2022

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Interest rate rises push household finances towards pandemic lows, confidence plunges

Australians are still spending record amounts of money, but surveys show that could change quickly as interest rate rises send consumer confidence towards pandemic lows.

ABC News · Jul 12, 2022

The Loop: Daniel Johns avoids jail, cargo ship crew rescued, Boris Johnson faces leadership questions, banks pass on rate rise

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ABC News · Jul 6, 2022

Can we avoid a recession? What we can learn from the Kiwis

New Zealand property prices have fallen every month this year following a series of punishing interest rate hikes that began last October. So far, the hikes have yet to dent inflation.

ABC News · Jul 4, 2022

Oil Rises as Supply Concerns Outweigh US Fuel Stocks Build

Oil prices edged higher on Thursday after dipping in early Asian trade, as concerns about global supply tightness outweighed a build in US gasoline and distillate inventories. Brent crude futures for September, the more actively traded contract, rose 63 cents, or 0.6%, to $113.08 a barrel at 0250 GMT. The…

Asharq Al-Awsat · Jun 30, 2022

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Commonwealth Bank, ANZ, Westpac, NAB to raise variable mortgage rates by 0.25 per cent after RBA rate hike

All of Australia's biggest banks have lifted mortgage rates, matching the Reserve Bank's 25-basis-point increase.

ABC News · Jun 30, 2022

Financial adviser jailed over $363k theft

Scott Hines has been jailed for more than three years for stealing $363,000 from a mother of four who cared full-time for her disabled daughter.

AAP · Jun 29, 2022

Dad nearly lost £3k to WhatsApp scammer posing as son - but one tiny detail gave it away

Immunologist Alan Baxter nearly lost around $5,000 (£2,800) in a WhatsApp scam and has since criticised ANZ's attitude to the attempted fraud

Daily Mirror · Jun 26, 2022

More interest rate pain: RBA’s sobering inflation warning to households

Australians must brace for several years of high inflation and rising interest rates, Reserve Bank governor Philip Lowe warned in a speech on Tuesday.

The New Daily · Jun 21, 2022

RBA's Lowe to expand on outlook views

Reserve Bank governor Philip Lowe will address a conference on Tuesday on Australia's economic outlook and monetary policy.

AAP · Jun 19, 2022

ASX: Australian stocks close almost 3.6% down after global sell-off on inflation fears

Benchmark ASX200 index closes 246 points lower, after falling 360 points in the first 15 minutes of trading on Tuesday

The Guardian - AU · Jun 14, 2022

The Loop: High Court rules on citizenship, banks pass on rates rise, and why lettuce is so pricey

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ABC News · Jun 8, 2022

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ABC News · Jun 7, 2022

ANZ introduces paid gender affirmation leave. What is it and what other types of leave are there?

ANZ has introduced a new entitlement allowing employees based in Australia and New Zealand to take paid leave while they are affirming their gender. We look at what gender affirmation leave is, which major companies already have it, and other types of leave you might not know are available to…

Benzinga · Jun 1, 2022

6 Stocks To Buy That Are Near 52-Week Lows

Weakness in the S&P 500 has made life unpleasant for investors so far in 2022, but it has also created buying opportunities in a handful of high-quality stocks. Long-term investors looking to buy the dip can find plenty of stocks to buy that are at or near their lowest prices…

ABC News · May 31, 2022

Soaring energy costs driving up inflation, while Origin Energy downsizes earnings

The Australian share market closes up on Wednesday, despite ongoing global and domestic concerns about inflation, rate hikes and energy prices.

The Guardian - AU · May 31, 2022

Bumper Australian crops unlikely to provide relief at the cash register

Despite farmers planting a record 24m hectares this year, higher fuel and fertiliser costs mean produce prices will remain high

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ABC News · May 31, 2022

Banks crack down on high debt-to-income home loans as regulator APRA comes knocking

Two of Australia's biggest banks are moving to curb high-risk home lending, as the regulator reveals it has been warning some institutions to cut back on risky loans.

The Guardian - AU · May 23, 2022

Market response to Australia’s new Labor government will be ‘muted’, economists say

Analysts say election of Albanese government will not ‘shift the dial’ on economic forecasts

ABC News · May 17, 2022

Will a 5 per cent pay rise for workers lift the cost of your coffee and petrol by the same amount?

Boosting workers' wages by 5 per cent – for all workers, not just those on the minimum wage — would lead to an increase in prices across the economy of about 2 per cent, according to a new report.

AAP · May 16, 2022

RBA contemplated larger cash rate hike

The minutes of the Reserve Bank of Australia's May board meeting show there was concern among board members about waiting to raise the cash rate.

ABC News · May 12, 2022

ASX defies Wall Street downer, as crypto struggles and $A falls

The Australian share market is ending the week on a high, despite global markets still struggling with looming rate hikes, war and inflation.

AAP · May 12, 2022

Banks eye rate boost but headwinds remain

Australia's four major banks have all reported a squeeze on margins in their latest results, but that is certain to change as interest rates rise.

Newcastle Herald · May 11, 2022

Newcastle home buyers may need 15 years to save a 20 per cent deposit

Newcastle home buyers may need 15 years to save a 20 per cent deposit, the report says.

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