Shares of Australia's largest ​mortgage lender, Commonwealth Bank of Australia (CBA) , dropped 9% on Wednesday after it set aside A$200 million more ‌in provisions to prepare for risks linked to the ...
Australian business confidence remained mired in gloom in April, a survey showed on Tuesday, as spiking energy ​costs from ...
A warning has been issued to Australian homeowners.
Programs matching senior homeowners and renters are rising in popularity, chipping away at a shortage of housing inventory.
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Results from a new national survey show Australians feel worse about many things than they did during COVID. Now governments ...
Gary Shilling is predicting a recession and a steeep stock plunge by year's end. The top economist said a downturn was almost inevitable, as consumer spending is likely to decline. He sees the S&P 500 ...
Australia will avoid a recession even though global and domestic economic growth will slow, despite a weaker turn in consumer sentiment, one of the big four banks says. But economic growth is still ...
JPMorgan Chase CEO Jamie Dimon says an economic downturn sparked by weakness in credit would encompass more than just the private credit segment and be worse than many expect. “We haven’t had a credit ...
Just when it appeared like the market was ready to go for a more significant dip following a challenging first quarter, stocks staged one of their most considerable rallies in recent history. I wrote ...