Australian Financial News
  • News

    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 [...]

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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 [...]