Search Results for 'Australian'

Australian Banks Brace Themselves For More Cuts

MELBOURNE—With Europe's problems threatening to spill over into a repeat of the 2008 financial crisis, lenders in Australia–one of the few countries to skirt a recession through that dark period–are preparing for the [...]

Posted On : Jan, 19 2012 | Comments : 0

Bendigo and Adelaide Bank has supported the Australian bulls

Commonwealth Bank Bendigo and Adelaide Bank reported an increase in net profit for the fiscal year ending June 30 to A $ 83,8 million to A $ 242,6 million ($ 223 million). Analysts on average expected profit at A $ 264,3 million, almost [...]

Posted On : Aug, 09 2010 | Comments : 0

Australian Bank Bond Buyers Query Bubble, Fitch Says

Foreign buyers of Australian bank bonds are increasingly concerned a bubble is developing in the nation’s property market, according to Fitch Ratings. Offshore investors have been asking whether there’s “an asset b [...]

Posted On : May, 18 2010 | Comments : 0

Australian Central Bank Signals Higher Bar for Rates

The Reserve Bank of Australia signaled a higher bar for interest-rate increases after becoming the world’s first major central bank to withdraw “emergency” stimulus used during the global financial crisis. Stevens&rsquo [...]