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Growth

Cash rate steady

by Staff Reporter • 3 Jun 2009
The decision marked the second consecutive month that the central bank has held monetary policy steady as it... READ MORE

Mixed messages in economic data

by Staff Reporter • 2 Jun 2009
Retail turnover rose 0.3 per cent in April to $19.351 billion, the ABS said yesterday, with sales now up by just... READ MORE

Auction clearance rates strong year-on-year

by Staff Reporter • 1 Jun 2009
In Sydney, 205 properties were sold for a clearance rate of 73.2 per cent. This compared with last Saturday’s... READ MORE

Australian property markets defy downturn

by Staff Reporter • 1 Jun 2009
RP Data and Rismark International’s Home Value Index released on Friday showed all mainland capital cities... READ MORE

mecu and RegionalOne to merge

by Staff Reporter • 29 May 2009
According to mecu the merger will make it one of the country’s largest credit unions with assets exceeding $2.2... READ MORE

Recovery anticipated for home building

by Staff Reporter • 29 May 2009
Substantial fiscal stimulus and record-low interest rates will see a recovery kick off from mid-2009, the report... READ MORE

Non-conforming delinquencies rise on economic woes

by Staff Reporter • 28 May 2009
According to Moody’s latest report, 90 days past due delinquencies on non-conforming RMBS reached 10.17 per... READ MORE

Punter stakes $45,000 on no rate change

by Staff Reporter • 28 May 2009
According to bookmaker Centrebet a man has bet $45,000, at a slim price of $1.12, on the cash rate remaining... READ MORE

Index points to economic stabilisation

by Staff Reporter • 28 May 2009
The Index, which indicates the likely pace of economic activity three to nine months into the future, rose to -5.1... READ MORE

Stimulus payments go to the dead

by Staff Reporter • 28 May 2009
A total of $40 million worth of government stimulus payments has been paid to as many 16,000 dead people and 27,000... READ MORE

New tool offers instant property market updates

by Staff Reporter • 26 May 2009
Called K:NOW, the new desktop widget streams information as it happens from not only The Australian, the Wall Street... READ MORE

Futures traders tip cash rate to rise

by Staff Reporter • 26 May 2009
Traders are raising their bets that the Reserve Bank will move to tighten monetary policy with contracts for a rate... READ MORE

Sharpest GDP fall ever recorded in Q1: OECD

by Staff Reporter • 26 May 2009
Economic growth was -2.1 per cent, the OECD said, the largest fall since it began keeping records in 1960 and... READ MORE

Auction clearance rate down

by Staff Reporter • 25 May 2009
Sales volumes were also down across all states except for Sydney, which registered a slight $1.3 million increase... READ MORE

Fears grow of FHB fuelled property bubble

by Staff Reporter • 25 May 2009
While the increased first home buyer grant has seen first home buyer numbers increase by more than 5,000 in the year... READ MORE
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