Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Markets

markets

08 May 2023 • By Jon Bragg • 1 min read

Major banks ‘walking tightrope’ as headwinds intensify

KPMG, EY, and PwC have released their analysis of the major banks’ half-year results. Australia’s big four banks have delivered a strong set of ...

READ MORE
icon

BetaShares expands ETF range

Australian fund manager BetaShares has announced the launch of two new Global (ex-Australia) Shares ETFs. BetaShares said it would release the new ...

READ MORE
icon

Westpac posts 22% net profit jump, prepares for ‘tougher outlook’

The bank has indicated it is well positioned for the future in its half-year results. Westpac has reported a net profit of $4.0 billion in its ...

READ MORE
icon

American Express to ‘decommission’ Australian FX offering

EXCLUSIVE The global payments company is downsizing local operations as part of a gradual unwinding of its foreign exchange offering outside the ...

READ MORE
icon

RBA should be mindful of US banking crisis, warns Oliver

In his market report, AMP chief economist Shane Oliver says the RBA needs to be cautious in the wake of the US banking crisis. Following the ...

READ MORE
icon

Federal government to establish Net Zero Authority, pledges $400m

The government announced on Friday that it would legislate a national Net Zero Authority and spend $400 million to help manage the transition to net ...

READ MORE
icon

RBA lowers 2023 inflation forecasts, CBA predicts rate cuts

The Reserve Bank has released its quarterly Statement on Monetary Policy. Australia’s headline consumer price index (CPI) is expected to fall to ...

READ MORE
icon

ANZ profits surge, dividend up 12%

The major bank has delivered a dividend boost to shareholders off the back of a 22.5 per cent increase in its underlying earnings. ANZ has released ...

READ MORE
icon

Fed hints at rate peak, weighs in on First Republic takeover

The Federal Reserve’s hiking cycle could be over, with chair Jerome Powell hinting at a halt following the latest rate decision. The Federal Open ...

READ MORE
icon

‘Aftershocks’ set to follow ‘earthquake’ in US banking system

JP Morgan’s Kerry Craig has shared his outlook for the remainder of the year, including the likelihood of a US recession. More bank collapses are ...

READ MORE