By Devayani Sathyan BENGALURU – Australia’s central bank will deliver another half percentage-point interest rate hike on Tuesday as it fights to tame surging inflation, marking the first time it …
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By Harish Sridharan (Reuters) – Shares of Australia’s “Big Four” banks fell further on Thursday to hit multi-month lows, as the central bank’s largest interest rate hike in 22 years …
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(Reuters) – Australia’s major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central bank surprised markets with its …
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By Wayne Cole SYDNEY – A recent spike in Australia’s energy prices is threatening to keep inflation higher for longer, a major reason policymakers this week felt compelled to hike …
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By Devayani Sathyan BENGALURU – Australia’s central bank will raise rates by a modest 25 basis points for a second straight meeting in June, still opting to move more slowly …
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By Vivek Mishra BENGALURU – Australia’s central bank will raise interest rates for the first time in over a decade in the third quarter, slightly earlier than thought a month …
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By Shaloo Shrivastava BENGALURU – The Reserve Bank of Australia (RBA) is expected to raise interest rates in early 2023, and possibly sooner, according to a Reuters poll of economists, …
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– Australian asset manager Macquarie Group on Thursday named former Reserve Bank of Australia governor Glenn Stevens as chairman of the group and that of its unit, Macquarie Bank. Stevens, …