Private Sector Credit Rises 0.6% In Jan

The value of loans outstanding to the private sector grew in January, but personal credit has continued to flatline, data from the Reserve Bank of Australia shows.

The central bank's financial aggregates for January show total credit increased by 0.6 per cent, after rising by 0.5 per cent in December....
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Tax Office Knew About Australians Channelling Money Into Swiss Accounts

The Tax Office has revealed it has investigated hundreds of Australians with Swiss bank accounts as a massive international data leak named prominent Australians, including late media baron Kerry Packer, model Elle Macpherson and former ANZ chairman Charles Goode, as having held accounts in the famous...

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Australian Equities Market


In Australia, business investment data is released with average weekly earnings. In the US, data on consumer prices and durable goods orders is expected alongside weekly figures on new claims for unemployment insurance.


US Equities

US sharemarkets were flat on Wednesday. Economic data was generally encouraging while investors monitored the second day of...

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Big Business Confidence Hits 2-Year Low

Confidence levels among the biggest companies in Australia have hit their lowest point since the end of 2012, harming plans for investment and medium-term growth.

That's the diagnosis from National Australia Bank's quarterly ASX300 business survey, which found confidence among Australia's biggest corporations fell 13 points to negative 3 in the...
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