Appreciative as the prime minister might be of Qantas boss Alan Joyce’s support,it’s a risky strategy for the government.
Macquarie Group’s rapid growth in mortgages has slowed sharply,which could be a sign the investment giant is happy to sit out a period of fierce competition.
Be prepared to jump through hoops to earn a high rate of interest on savings.
The banks paid or offered $4.7 billion in compensation after a royal commission and ASIC found misconduct around financial advice.
Areas on the fringe of Sydney’s CBD have become attractive investments because of their development potential,and their ability to cater for the new flexible working practices.
Sydney’s richest businessmen were on the hunt for a legendary cache of gold when things turned ugly.
After years of earning next to no interest,savers are finally being offered better returns. But the banks aren’t passing higher rates through to everyone.
Banks have passed through only a fraction of the 2.25 percentage point rise in official interest rates to savers.
The market might be taking a turn for the worse,but the heavy-hitters of the financial world are still trading in bricks and mortar to the tune of the tens of millions of dollars.
There are tentative signs banks are starting to compete more aggressively for household deposits by lifting rates on key savings products.
Macquarie has seen a sharp sell-off despite reporting a 56 profit jump.