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Confidence falls after RBA cut: ANZ survey

Consumer confidence fell over the weekend after the Reserve Bank of Australia cut interest rates to a record low, an ANZ survey suggests. The ANZ-Roy Morgan Australian Consumer Confidence index declined by 2.0 per cent [...]
Business

Wesfarmers to buy Catch Group for $230m

Wesfarmers has continued its post-Coles spending spree with the $230 million acquisition of online retailer Catch Group. The Perth-based conglomerate told the ASX on Wednesday that the Catch of the Day operator would be an [...]
News

Consumers cautious after RBA cut

Consumer confidence has edged lower and concerns about jobs have grown as the RBA’s cash rate cut appeared to spark unease among households. The Westpac-Melbourne Institute consumer sentiment index released on Wednesday dipped 0.6 per [...]
Business

Credit card cash advances at a 24-year low

The number of cash withdrawals on Australian credit cards has dropped to a near quarter-of-a-century low as consumers switch to other sources of credit. The number of cash advances from credit cards between January and [...]
Business

Woodside softens 2019 production outlook

Woodside Petroleum shares are trading higher despite the oil abd gas producer flagging 2019 output to be at the lower end of its guidance due to an extension of turnaround activities at its Pluto liquefied [...]

Confidence falls after RBA cut: ANZ survey

News

June 12, 2019 0

Consumer confidence fell over the weekend after the Reserve Bank of Australia cut interest rates to a record low, an ANZ survey suggests. The ANZ-Roy Morgan Australian Consumer Confidence index declined by 2.0 per cent [...]

Wesfarmers to buy Catch Group for $230m

Business

June 12, 2019 0

Wesfarmers has continued its post-Coles spending spree with the $230 million acquisition of online retailer Catch Group. The Perth-based conglomerate told the ASX on Wednesday that the Catch of the Day operator would be an [...]

News

Consumers cautious after RBA cut

June 12, 2019 0

Consumer confidence has edged lower and concerns about jobs have grown as the RBA’s cash rate cut appeared to spark unease among households. The Westpac-Melbourne Institute consumer sentiment index released on Wednesday dipped 0.6 per [...]

Business

Credit card cash advances at a 24-year low

June 12, 2019 0

The number of cash withdrawals on Australian credit cards has dropped to a near quarter-of-a-century low as consumers switch to other sources of credit. The number of cash advances from credit cards between January and [...]

Business

Woodside softens 2019 production outlook

June 11, 2019 0

Woodside Petroleum shares are trading higher despite the oil abd gas producer flagging 2019 output to be at the lower end of its guidance due to an extension of turnaround activities at its Pluto liquefied [...]