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Goodman Property sells up to $100m of bonds

2018-02-19 nzherald.co.nz
Goodman Property Trust, the NZX-listed commercial and industrial property investor, is offering to sell as much as $100 million of bonds to further diversify its funding sources and reduce bank debt. (6-0)

Australia banks tighten mortgage checks amid govt inquiry, face revenue strain

2018-02-16 thestar.com.my
Westpac Banking Corp, Australia and New Zealand Banking Group, and Macquarie Group have also communicated to brokers in recent weeks changes in the way loans are assessed and approved. (7-0)

Dollar little changed as recovery in risk appetite weighs on greenback

2018-02-15 nzherald.co.nz
The New Zealand dollar was little changed against the US dollar as markets shrugged off the stronger-than-expected inflation data in the US and a recovery in risk sentiment weighed on the greenback. (6-0)

Dollar rises on growing inflation expectations, US CPI looms

2018-02-14 nzherald.co.nz
The New Zealand dollar rose after the Reserve Bank's survey of expectations showed firms are predicting inflationary pressures, and ahead of US inflation which may offer a steer on the Federal Reserve's interest rate track. (6-0)

Australia Power Player Calls Out Traders Who Can't Back Up Deals - Bloomberg

2018-02-14 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (7-0)

Shoppers start year off 'with a bang' - spending $5.3b in January

2018-02-12 nzherald.co.nz
New Zealand retail spending on electronic cards gained in January for a fifth straight month, as consumers spent more on eating out, hardware, furniture and appliances. (6-0)

Australia's big banks focus on job cuts as inquiry looms

2018-02-12 in.reuters
SYDNEY (Reuters) - Australia’s big banks are responding to a revenue crunch by cutting jobs and other costs, prompting fears on the eve of an inquiry into their businesses that the industry’s tarnished reputation is about to take another hit. (8-0)

Australia’s big banks focus on job cuts as inquiry looms

2018-02-11 thestar.com.my
Profit chase: Combo photo shows the signs of the ‘big four’ Australian banks (clockwise from top left) National Australia Bank, Westpac, ANZ and Commonwealth Bank. The banks are making cost cuts to boost profit. They are expected to shed up to 40,000 jobs over five years as part of that overhaul, making a reduced wages bill the primary saving. — AFP (8-0)

Fletcher Building investors worried: will shareholders have to pay?

2018-02-11 nzherald.co.nz
Investment specialists are even more concerned about NZX giant Fletcher Building after it sought a trading halt extension this morning, cancelled a 10am press conference, said it was talking to financiers and reiterated it could be in breach of banking covenants. (12-0)

Australia’s big banks focus on job cuts as inquiry looms

2018-02-11 themalaymailonline
A pedestrian is reflected in the window of a branch of the Australia and New Zealand Banking Group (ANZ) in central Sydney. ― Reuters picSYDNEY, Feb 11 ― Australia's big banks are responding to a revenue crunch by cutting jobs and other costs, prompting fears on the eve of an inquiry into their businesses that the industry's tarnished reputation is about to take another hit. (8-0)

Australia's big banks focus on job cuts as inquiry looms - Channel NewsAsia

2018-02-11 channelnewsasia
Australia's big banks are responding to a revenue crunch by cutting jobs and other costs, prompting fears on the eve of an inquiry into their businesses that the industry's tarnished reputation is about to take another hit. (8-0)

Australia's big banks focus on job cuts as inquiry looms

2018-02-11 reuters
SYDNEY (Reuters) - Australia’s big banks are responding to a revenue crunch by cutting jobs and other costs, prompting fears on the eve of an inquiry into their businesses that the industry’s tarnished reputation is about to take another hit. (8-0)

Giving Up On Westpac Banking

2018-02-09 seekingalpha
The purpose of this article is to articulate why I believe Westpac Banking Corp. (NYSE:WBK) is not an attractive investment option at its current market price. WBK has come under pressure the last few months, and I don't see many positive catalysts which will propel the stock higher short-term. My overall opinion of the Australian economy right now is neutral, with growth occurring but wages and interest rates staying flat, which is mixed news for large banks. (7-0)

Australia gives regulator sweeping powers over bank bosses' pay

2018-02-07 in.reuters
SYDNEY (Reuters) - Australia has given its financial regulator sweeping powers to cap bank bosses’ pays, delay their bonuses and even ban them from the industry if found guilty of non-compliance, as it scrambles to restore trust in the scandal-hit sector. (9-0)

S&P/ASX 200 closes up 43 points after late afternoon jitters

2018-02-07 proactiveinvestors.com.au
S&P/ASX 200 (XJO) retraced from circa 5900 points to 5876 points in the last hour of trading. (53-0)