Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 104 results for "Credit growth"

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... their prices," he said. He also noted that reduced borrowing capacity and persistent inflation are constraining credit growth, despite higher wages and strong population growth. "Interest rate increases weakened consumer confidence and significantly ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... banks. "On the one hand, the worst fears about the economy and the impact on the banks have not yet come to pass. Credit growth remained healthy if slowing, and households and businesses are under strain but appear to be, on average, coping. So far ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... especially surprising to us given a range of softer domestic data recently - across retail sales, house prices, loans and credit growth, and employment and unemployment; the RBA didn't mention this," UBS said. UBS now forecasts a 25-basis point interest ...

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 ...
PREVIOUS
NEXT