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Consensus forecasts

Economy

Energy, real estate drag ASX lower

Azeem
The Australian share market lost ground on Monday as losses in energy and real estate stocks dragged the benchmark lower. The ASX200 slipped 0.4 per cent, or 30 points, to close at 6,948.8 points. Utilities were the only sector to finish in…
Economy

Trend first-home buyers are ignoring

Azeem
First-home buyers have defied odds with new figures showing more took out mortgages in September despite the cost of living crunch. Monthly new loan commitments for first-home owner-occupiers jumped 1.4 per cent over the month to $4.6bn,…
Economy

ASX sinks to 12-month record low

Azeem
The Australian share market fell to its lowest level in more than 12 months on Monday as traders grew increasingly concerned that the escalation of the Israel-Hamas war could spill over across the Middle East. The S & P/ASX200 lost 0.8…
Economy

Major banks to rake in $11.7 billion in profit

Azeem
Three of Australia’s big banks are expected to report a whopping $11.7 billion in profits.National Australia Bank, ANZ and Westpac are predicted to report the staggering profits in interim cash earnings, a jump of 27 per cent compared to…