News from Banks
The Reserve Bank of Australia slashed the official interest rate to a new historic low today of 1.75 per cent, with three of the four big banks set to pay it forward. NAB announced within minutes of the 2.30pm decision that it would pass on the 25 ...
Cash profit for the six months to March 31 dropped 24.3 per cent to $2.782 billion — its lowest since 2010 — largely due to a $717 million hit from writedowns and restructuring charges, which the bank deemed necessary in the face of a more ...
What a day for Australian banking stocks – and potentially the biggest news is yet to come in the federal budget. After banks took a thumping in Monday's trade, Tuesday started with ANZ reporting a shock 24% fall in H1 profit and announcing it was ...
ANZ Bank is the only big four bank that will not pass on the full value of the Reserve Bank's 0.25 percentage point reduction in official interest rates to home loan customers, blaming the decision on higher funding costs. Instead, ANZ Bank will reduce ...
FRANKFURT Banks and financial markets are coping well with the European Central Bank's ultra-low interest rates and money printing but this might change if rates were to be cut much further, ECB Executive Board Member Benoit Coeure said on Tuesday.
National Australia Bank, Westpac and Commonwealth Bank have cut their variable home loan rates after the Reserve Bank dropped the interest rate to a fresh record low. The RBA cut the cash rate by 25 basis points to 1.75 per cent at its May board ...
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Hotels
Cambridge House Hotel Cambridge House Hotel
Cambridge Road
PR9 9NG Southport, Merseyside
Premier Inn Southport (Ormskirk) Premier Inn Southport (Ormskirk)
544 Southport Road, Scarisbrick, Ormskirk
L40 9RG Southport
Balmoral Lodge Hotel Balmoral Lodge Hotel
41 Queens Road
PR9 9EX Southport