Bank of Australia news

WASHINGTON/OTTAWA (Reuters) -U.S. President Donald Trump ramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners. In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on August 1 and would go up if Canada retaliated. In a post on X late on Thursday, Carney said his government will continue to defend Canadian workers and businesses in their negotiations with the U.S. as they work towards that deadline.

Scheduled to be operational by 2026, the project will support dependable renewable energy across Australia.

04 Jul, 2025 15:40 / Yahoo! Finance

DNBBY vs. CMWAY: Which Stock Is the Better Value Option?

Here is how Sierra Bancorp (BSRR) and Commonwealth Bank of Australia Sponsored ADR (CMWAY) have performed compared to their sector so far this year.

03 Jul, 2025 20:02 / Yahoo! Finance

The Australian market recently experienced a shift as profit-taking in Commonwealth Bank impacted the broader indices, while materials stocks like BHP saw a resurgence. Amidst these fluctuations, penny stocks remain an intriguing area for investors seeking potential growth opportunities at lower price points. Though often overlooked, these smaller or newer companies can offer significant upside when they possess strong financials and solid fundamentals.

03 Jul, 2025 19:39 / Yahoo! Finance

The Australian market has recently experienced significant fluctuations, with profit-taking in Commonwealth Bank impacting the ASX200, while a rotation into materials has seen BHP Limited and other resource stocks gain ground. Amidst these shifts, investors are increasingly looking towards dividend stocks as a means of securing steady income in uncertain times. A good dividend stock typically offers consistent payouts and resilience against market volatility, making it an attractive option...

In recent trading sessions, the Australian market has experienced significant fluctuations, with profit-taking in major stocks like Commonwealth Bank impacting overall performance and a notable rotation into the materials sector. Amidst these shifts, investors are increasingly seeking opportunities in undervalued stocks that may be trading below their intrinsic value. Identifying such stocks requires careful analysis of market conditions and company fundamentals to uncover potential...

03 Jul, 2025 19:33 / Yahoo! Finance

As Australia's market experiences a notable shift, with profit-taking in major stocks like Commonwealth Bank impacting the broader indices and a renewed interest in materials buoying companies such as BHP Limited, investors are keenly observing these dynamic changes. In this environment of sector rotations and economic uncertainties, identifying promising small-cap stocks that can navigate these fluctuations becomes crucial for those looking to uncover potential undiscovered gems.

03 Jul, 2025 15:43 / Yahoo! Finance

The approval was achieved via the NSW Government's new streamlined planning pathway.

(Bloomberg) -- Gold rose for a second day as investors weigh President Donald Trump’s tax bill, which is expected to further expand US deficits.Most Read from BloombergStruggling Downtowns Are Looking to Lure New CrowdsSprawl Is Still Not the AnswerCalifornia Exempts Building Projects From Environmental LawBullion gained as much as 1.7%, further paring its losses in the past two weeks, while US stocks edged lower and the dollar was near three-year lows. The US Senate passed the bill that combine

(Bloomberg) -- Oil edged down after its biggest weekly loss in two years as traders speculated on the volume of an expected OPEC+ supply hike and fears of Middle East tensions disrupting global oil flows dissipated.Most Read from BloombergStruggling Downtowns Are Looking to Lure New CrowdsPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City CenterSp

30 Jun, 2025 11:11 / Yahoo! Finance

The collaboration uses near real-time scam intelligence to protect CommBank customers and the Australian public from fraud.

27 Jun, 2025 22:44 / Yahoo! Finance

Tracey Ryniec, Zacks Value Stock Strategist, discusses Berkshire Hathaway's equity investments and what gives Buffett the edge.

(Bloomberg) -- A gauge of Australia’s monthly inflation cooled faster than anticipated in May, moving close to the bottom of the Reserve Bank’s 2-3% target and cementing the case for an interest-rate cut as soon as next month.Most Read from BloombergBezos Wedding Draws Protests, Soul-Searching Over Tourism in VeniceUS Renters Face Storm of Rising CostsUS State Budget Wounds Intensify From Trump, DOGE Policy ShiftsCommuters Are Caught in Johannesburg's Taxi Feuds as Transit LagsEconomists at Comm

SYDNEY (Reuters) -Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit three-and-a-half-year lows as investors locked in bets for an imminent rate cut. Swaps now imply a 92% probability that the Reserve Bank of Australia would cut rates by a quarter-point when it delivers its policy decision on July 8, a day before the expiry of a 90-pause in U.S. reciprocal tariffs on other countries. Commonwealth Bank of Australia, Deutsche Bank and TD Securities changed their next rate cut call to July from August, while UBS said its expectation for the RBA to hold steady next month is under review.

NEW YORK, June 24, 2025--Auramet International, Inc. ("Auramet"), a leading precious metals merchant, is pleased to announce that it has closed a $350 million syndicated revolving credit facility (the "Facility") led by Macquarie Group ("Macquarie"). Macquarie’s Commodities and Global Markets business acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed. The Facility complements Auramet’s various bilateral banking facilities.

Commonwealth Bank of Australia (CMWAY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

(Bloomberg) -- Australia’s economy surprisingly shed jobs in May, though unemployment held steady as fewer people sought work, suggesting a slight loosening of the labor market and bolstering the case for the Reserve Bank to reduce interest rates further.Most Read from BloombergSecurity Concerns Hit Some of the World’s ‘Most Livable Cities’JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off RoadsTaser-Maker Axon Triggers a NIMBY Backlash in its HometownHow E-Scooters Conquered (Most of) E

18 Jun, 2025 15:40 / Yahoo! Finance

FLEX vs. GRMN: Which Stock Is the Better Value Option?

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...