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Showing 11 - 20 of 23 results for "WBC"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
... apartments and a 7.0% increase in detached homes. The RBA's recent 25 basis point rate reduction - passed in full by CBA, NAB, WBC and partially by the ANZ (19 bps) - should keep the Australian housing market humming. China services PMI The Caixin China ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 21 APR 2016
... indicator of future economic activity three to nine months ahead - down to minus 1.53 in March from minus 1.07% in February. WBC senior economist, Matthew Hassan, explains: "The Leading Index continues to point to a material loss of momentum and growth ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 14 APR 2016
... Westpac-Melbourne Institute index of consumer sentiment fell by 4.0% to a 7-month low of 95.1 in April from 99.1 in the previous month. WBC attributed the drop in confidence mainly to "unease" over international and market developments, A$ appreciation. ...

Another 6-9 months under Downunder

BENJAMIN ONG  |  THURSDAY, 18 FEB 2016
... widened to minus 1.24% last month from minus 1.0% in December -- "the largest negative deviation since the second half of 2011" (WBC). According to WBC, "The Index has now been growing below trend for the last nine months. It continues to signal that ...

WBC rate lift pressures RBA rate cut

BENJAMIN ONG  |  THURSDAY, 15 OCT 2015
... can play, rewind and replay it over and again (https://www.youtube.com/watch?v=NtFvjYv39-8). The time is ripe, perhaps, for WBC to bring that back on given the way it changed RBA rate cut expectations from "maybe" to "sure thing baby" - even as early ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
... not the tennis) to the bank, more so that investors seemed to have ridden themselves of the big four banks' - ANZ, CBA, NAB, WBC - capital raising spooks of last week. Even more so that commodity prices of most variety have risen overnight. Hurrah for ...

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
... some - but not all of the gains reported in March" (NAB). Australia's big four banks - ANZ, CBA, NAB (on a trading halt), WBC - and Telstra dragged the overall index down as scribbled in the Australian Financial Review's (AFR) headline "Miners balance ...

Ratings downgrade to trigger hybrid sell-off

MARK SMITH  |  THURSDAY, 25 SEP 2014
An impending Standard & Poor's downgrade of bank hybrids will drive the value of these investments, which have already seen recent falls, even lower, according to fixed income specialists FIIG Securities. The ratings agency said it will downgrade the ...

Fixed it

BENJAMIN ONG  |  THURSDAY, 24 JUL 2014
... Winsbury in a statement on the ratings cut." Recall, too, Australian's A angst against the 'Big Four' banks - ANZ, CBA, NAB, WBC - when they refused to pass on the RBA's interest rate reductions in full citing "...the cost of funding, including paying ...

Reliance on improving global economy threatens big-four in 2013

MARK SMITH  |  THURSDAY, 8 NOV 2012
... price appreciation," he said. Whitehouse continued: "We expect around 10% pre-tax returns from our preferred majors ANZ, CBA & WBC. A little more monetary stimulus should stoke economic activity should economic conditions come under renewed pressure. ...