Due to economic slowdown, Australia’s Westpac bank still promised to maintain its dividend, despite some speculation that its balance sheet growth is set to slow over the coming year.On the wider economy, Mr Evans noted that while the Reserve Bank of A…
australian Banking industry
Posted on December 11th, 2008 in aus, aussie dollar, aussie local banks, australian Banking industry, cent, economic slowdown, micro cap, perth, westpac
Posted on December 09th, 2008 in aus, aussie dollar, australian Banking industry, banking and finace, cent, Glenn Stevens, micro cap, perth, RBA, RBA Governor
Reserve Bank Governor Glenn Stevens sees scope for more monetary and fiscal easing if needed, while noting that major stimulus already in the pipeline would have a significant impact in coming months.”The long-run prospects for the Australian economy h…
