Banks
Banks follow RBA in cutting rates – Sydney Morning Herald Brisbane Times Banks follow RBA in cutting ratesSydney Morning HeraldBanks begin to pass on rate cut in full as borrower win big with the RBA cutting interest rates. Commonwealth Bank has followed Westpac in cutting its standard variable mortgage rate by 0.25 percentage points, making [...]
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Australian sharemarket closes flat as Telstra, banks offset offshore weakness – The Australian TheBull.com.au Australian sharemarket closes flat as Telstra, banks offset offshore weaknessThe AustralianAn IG Markets trader peruses stock listings on the trading floor in Melbourne. Source: AFP THE Australian sharemarket recovered early losses to close flat in a volatile session, as the lure [...]
Banks hit hardest in Australian sharemarket selling spree – The Australian BigPond News Banks hit hardest in Australian sharemarket selling spreeThe AustralianAs a broad sell-off took hold at the Australian sharemarket, the banking sector was hit the hardest. Source: The Australian AUSTRALIAN shares closed sharply lower today and bank stocks lost the most ground as [...]
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