Australian shares have fallen as the mining and banking sectors led losses at the start of trade. The benchmark S&P/ASX200 index was down 23.1 points, or 0.37 per cent, to 6,200.4 points at 1030 AEST […]
The prospect of tax cuts in the federal government’s budget helped lift consumer sentiment last week, a survey of households suggests. The Westpac-Melbourne Institute consumer sentiment index rose 1.9 per cent to 100.7 in April, breaching […]
Reserve Bank Deputy Governor Guy Debelle says household spending has been “considerably weaker” than anticipated, but strength in the labour market means there are conflicting signals about the health of the Australian economy. Mr Debelle […]
Michael Hill shares have slumped again after the jewellery retailer said its Australian sales were still slipping. The company’s Australian same-store sales were down 3.4 per cent in the three months to March 31, and […]
Beleaguered wealth manager IOOF Holdings is set to acquire Bendigo and Adelaide Bank’s financial planning division in a deal worth an initial $3 million. IOOF subsidiary Bridges will take ownership of Bendigo FP’s client book […]
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