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India

Swati Pandey

UPDATE 1-Australia housing in "mini-boom" but signs bleak elsewhere in economy

10 Oct 2019

SYDNEY, Oct 10 Approvals for new home loans in Australia jumped for a second consecutive month in August, in a sign that recent rate cuts and easier lending rules were boosting the housing market though activity elsewhere in the economy remained subdued.

Australia mortgages point to "mini-boom" in housing but signs bleak elsewhere in economy

10 Oct 2019

SYDNEY, Oct 10 Approvals for new home loans in Australia jumped again in August with lending to investors rising the most in three years, in yet another sign that recent rate cuts and easing of lending rules was boosting activity in the housing market.

UPDATE 1-Australia Aug retail sales rise after rate cuts, tax rebates

04 Oct 2019

* Biggest rise since 0.9% gain in Feb (Recasts and adds analyst comment)

Australian car sales slump again in September as banks tighten lending

03 Oct 2019

SYDNEY New car sales in Australia fell for the 18th consecutive month in September, suggesting back-to-back interest rate cuts in June and July had failed to lift consumer spending as banks contain their lending.

Australia PM says disappointed in banks for not passing on rate cut in full

02 Oct 2019

SYDNEY Australian Prime Minister Scott Morrison said on Wednesday he was disappointed in the country's major banks for "profiteering" by denying borrowers the full benefit of the latest central bank monetary easing.

UPDATE 1-Australia PM says disappointed in banks for not passing on rate cut in full

02 Oct 2019

* People have cause to be disappointed by bank 'profiteering' - PM

Australia central bank governor tells banks 'don't be scared to make loans'

01 Oct 2019

SYDNEY The head of Australia's central bank on Tuesday urged lenders to improve credit supply to the economy, hours after cutting its cash rate to a historic low, saying lending standards have been tightened too far in some cases.

WRAPUP 3-Australia c.bank cuts rates to all-time low, signals may need more

01 Oct 2019

SYDNEY, Oct 1 Australia's central bank cut interest rates for the third time this year on Tuesday in a bid to stimulate a sluggish economy and signalled it was prepared to do more if needed, knocking the local dollar to a one-month low.

Australia FX brokers seek experienced investor provisions under new CFD rules

26 Sep 2019

SYDNEY, Sept 26 Australia's foreign exchange brokers are lobbying regulators to create provisions for experienced retail investors to trade high-risk currency derivatives under a proposed tightening of trading rules, people familiar with the matter told Reuters.

Australia central bank seen easing policy in October, rates seen at 0.5% by early 2020: Reuters poll

26 Sep 2019

SYDNEY Australia's central bank is all but certain to cut its cash rate to a record low of 0.75% next week and it will likely ease again in early 2020 to boost inflation and support a stuttering economy, a Reuters poll showed.

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