By Scott Murdoch and Christine Chen SYDNEY, May 27 (Reuters) - A looming slowdown in mortgage lending, higher provisions for ...
(Reuters) -National Australia Bank reported a broadly stable annual cash profit on Thursday, with growth in lending volumes partially offset by increased expenses and a higher credit impairment charge ...
Aashika’s near two decades stint in business and finance journalism has led her to report, write, edit and lead teams ...
SYDNEY, April 30 (Reuters) - Australia's financial system regulator said on Thursday the country's banks were not keeping pace with AI industry developments, warning frontier AI systems such as ...
Australia's financial regulator warned on Thursday that domestic private credit institutions are exposed to risks linked to ...
The short-term outlook for Australian banks is challenging with margins under pressure, loan losses expected to rise, and inflationary cost pressures unable to be offset by cost-cutting initiatives.
Companies on the Australian stock exchange are attractively valued, but investors need to look beyond the ASX's big banks and miners for the best opportunities.
Companies in Australia and New Zealand are beginning to signal the financial strain from the U.S.-Israeli war on Iran, as ...