Lending growth at Australia's major banks is easing as the broader economy cools following the end of a mining investment boom.» Read More
Asian markets ended mixed on Thursday amid hopes for fresh European stimulus while new data reinforced expectations for tighter U.S. monetary policy.
Westpac posted a 3% rise in annual cash profit to a record A$7.8 billion, helped by growth in mortgages.
Macquarie posted a record first-half net profit that jumped 58 percent, helped by higher fee income and better financial market activity.
A government-backed inquiry in Australia called for more competition and stronger capital reserves for the nation's four major banks.
New Zealand's dollar has climbed along with the recent bump in Asian currencies, but some analysts see the rally as just another chance to sell.
Asia's markets are rebounding from a selloff that sent some regional currencies to their lowest level since the Asian Financial Crisis in the late 1990s.
Asian stocks traded mixed on Thursday, with Chinese equities outperforming after markets resumed trade after a week-long holiday.
Top Australian investment bank Macquarie has agreed to buy ANZ's dealer finance portfolio for $5.91 billion.
Energy shares across Asia climbed Wednesday after oil prices surged overnight, helping to pull most Asia markets into positive territory.
Australia's economic engine has sputtered as the commodities boom loses steam, but the country could get a fillip from legalizing same-sex marriage.
Asian equity markets were mixed on Monday, with data from the world's second largest economy in focus.
The outlook on emerging Asian currencies has deteriorated to its worst in years, a Reuters poll found.
CBA unveiled a $3.65 billion rights issue as its annual profit met expectations, completing a fundraising round by Australia's "Big Four" lenders.
Australian companies that miss estimates or announce anything this earnings season are being punished harshly, the Financial Times reports.
Malaysia's stocks and currency have tumbled, but bargain buyers don't appear likely to step up any time soon, analysts said.
One of the key factors powering Australia's home price boom is set to slow, a change that could finally see the run of price appreciation pause.
Asian equity markets ended mostly higher on Monday on optimism that European officials will soon agree on a third bailout deal for Greece.
Asian stocks ended mostly higher on Wednesday ahead of central bank meetings in the U.S. and Europe.
The stars are finally aligning for Australian stocks as cheap valuations and approval from billionaire Warren Buffet lure traders in.
A slew of China data offered some indication the worst of the mainland's economic slowdown may be over, although the recovery may disappoint.