Official data shows a significant rise in loans written by Macquarie as competition in the market remains elevated, forcing lenders to lower interest rates.The super cap might be sensible, but Labor will need to spend plenty of political capital for a relatively small return.AUD -0.03% to 67.37 US centsIn New York: BHP +1.6% Rio +1.7% Atlassian +0.1%In Europe: Stoxx 50 -0.2% FTSE -0.7% CAC -0.4% DAX -0.1%Iron ore +1.2% to $US124.
Republicans expect to adopt the measure in a late afternoon House of Representatives vote, and could have enough Senate support to send it on to Biden, a Democrat who the White House has said would veto the bill that would block his own Labor Department from enforcing a new ESG rule. Higher food prices pushed the 12-month inflation rate in France to 7.2 per cent in February from 7.0 per cent in the preceding month.