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Showing 101 - 110 of 111 results for "Credit growth"

Credit growth continues steady rise in December

AAP  |  MONDAY, 2 FEB 2004
Australia's credit growth continued its steady rise in December with the Reserve Bank of Australia's (RBA) recent interest rate hikes seemingly doing little to reduce the demand for credit. Private sector credit rose by 1.2% in December, seasonally ...

Rate hike expected, more to come: economists

AAP  |  WEDNESDAY, 3 DEC 2003
... economist Michael Blythe said. UBS chief economist Scott Haslem said RBA might be more comfortable about the outlook for credit growth given higher rates and some signs of a changed sentiment toward housing. "Overall, today's move was widely expected ...

Credit grows at fastest pace in 14 years

... market are not reflected in the credit data for October. In fact, there seem to be signs of a further acceleration in credit growth as consumers in particular, increase their level of debt. He also indicated that the data on credit suggests a 25 basis ...

RBA to hike rates to 5.25 per cent next week: economists

AAP  |  FRIDAY, 28 NOV 2003
... the cash rate to 5.25 per cent before Christmas. An improving global economy, tightening labour market and today's credit growth figures all pointed to a December rate hike, they said. The RBA today said seasonally adjusted private sector credit rose ...

RBA decision takes economists by surprise

... mid-next year. They also cited the fact that the primary reasons for the hike is as a result of a strong household credit growth and the overseas economic recovery (primarily in the US and Japan) seemingly well on its way. "The timing of the interest ...

RBA lifts cash rate to 5.00%

... associated with delaying a tightening of policy that is called for on general economic grounds." The RBA said that credit growth was rising at about 14 per cent per annum and that this is "a much faster rate of growth than can be expected to be consistent ...

Westpac delivers double-digit cash earnings growth

... the revenue outlook despite the impact of the credit card interchange reform and the expected easing in housing credit growth. While not providing a specific forecast for 2004, we expect under most scenarios that medium term cash earnings growth will ...

August House finance supported by low rates: economists

AAP  |  FRIDAY, 10 OCT 2003
... established' part of the market, with lending for new construction clearly slowing over the past few months. "While credit growth remains strong, driven by lending for established dwellings, today's data are consistent with the expected slowdown in housing ...

Reserve Bank keeps interest rates on hold for 14th month in a row

... actually predicted the RBA will keep its interest rates on hold," he said. "Given the second fastest record of housing credit growth during the June quarter, in combination with a strong economy, sticky domestic prices and weaker import prices should ...

ANZ on track to earnings growth

WITH AAP  |  TUESDAY, 1 JUL 2003
... general levels of confidence and activity and the extent to which slowing mortgage growth is offset by business credit growth." -