ASX slumps to 8 week low
The Australian sharemarket has continued its downward slide
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News about ASX:WBC
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ANZ, NAB pass on cash rate cut
ANZ (ASX:ANZ) and NAB (ASX:NAB) have followed the other Big Four in applying the RBA's rate cut to their mortgages, but NAB will not pass on the full 0.25%
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Reserve Bank cuts cash rate
The RBA on Tuesday voted to trim the cash rate by 25 basis points to 4.5%, marking the first cut since early 2009
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Signs good for Australian economy in 2012
Australian economic growth is showing early indications of swinging from well below trend in 2011 to above trend in early 2012, but Westpac (ASX:WBC) cautions it is too early to be sure
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Consumer sentiment spikes in September
Consumer confidence improved markedly in September, but remains shaken compared to last year, a Westpac-Melbourne Institute survey shows