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Showing 11 - 20 of 111 results for "Credit growth"

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... Financials performed well in the last quarter and profit growth is expected to be weak in the short-term due to credit growth and cost-cutting, but rising interest rates are set to increase interest margins and profits for major banks. From the sector ...

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... "Those aims were achieved, and interest-only lending is no longer a systemic risk in Australia. And while investor credit growth is now clearly on the rise, we actually need landlords in the market right now, with rental vacancies away from the Sydney ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... major cities and select localities in the country, as well as border closures among states. Total private sector credit growth accelerated to 1.9% in the year to May from 1.3% in the previous month. Business credit growth improved from an annual rate ...

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
... lending standards. "Housing markets have strengthened further, with prices rising in all major markets. Housing credit growth has picked up, with strong demand from owner-occupiers, especially first-home buyers. There has also been increased borrowing ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... extent they will use their stronger balance sheets to support spending." Additionally, investor housing and business credit growth remain weak despite highly accommodative financial conditions and, the exchange rate has appreciated and is in the upper ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... a slump in productivity to blame; predicting figures could swing below zero in the coming year. So too, do weak credit growth, the end of a real estate cycle, and dwindling trade and consumer confidence levels, point to a slowdown in Chinese economic ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
... is already arguably in a "liquidity trap" where cheaper borrowing rates aren't able to easily encourage more credit growth and spending. Instead, the main effect of lower interest rates is indirect - through asset prices - with both the property ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... difficult year for the broader industry and for ANZ," Gonski said. "Intense competition, lower interest rates and slower credit growth have had a significant impact on our business." "We have also needed to respond to more regulatory attention and heightened ...

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
... will remain under pressure in fiscal 2020, especially in consumer banking, as lower lending interest rates and low credit growth are likely to further dent group revenue and profits."

RBA blames lack of demand in property downturn

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... in borrowing as a result of historically low interest rates. "While turnover in the housing market remains low, credit growth is likely to remain low, even as prices pick up. Households may be more conservative in their willingness to borrow given low ...