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Growth

Swan spends big to steer economy through recession

by Staff Reporter • 13 May 2009
The 2009-10 budget was “forged in the fire of the most challenging economic conditions since the great... READ MORE

No halt on insurance payouts: Genworth

by Staff Reporter • 12 May 2009
The Australian Financial Review today reported that mortgage insurers were rejecting a greater number of claims as a... READ MORE

Auction clearance rate remain below 70pc

by Staff Reporter • 11 May 2009
The number of properties sold at auction in Sydney rose by 6.1 per cent on Saturday from the weekend prior to a... READ MORE

Mortgage belts better for capital growth

by Staff Reporter • 11 May 2009
According to an analysis by the valuer of value growth in statistical sub divisions (SSDs) across the nation’s... READ MORE

Surprise improvement in unemployment

by Staff Reporter • 8 May 2009
The unemployment rate yesterday decreased by a surprise 0.3 per cent to 5.4 per cent for April, the ABS said, as... READ MORE

Surfers Paradise most expensive retail strip for rents

by Staff Reporter • 7 May 2009
According to CBRE retailers pay an average net face rent of $2,400 per square metre for a share of the bustling,... READ MORE

Government stimulus payments boost retail spending

by Staff Reporter • 7 May 2009
Retail turnover rose 2.2 per cent in March from February, the ABS said yesterday. Department stores in particular... READ MORE

9/11-style commission planned to investigate financial crisis

by Staff Reporter • 7 May 2009
US lawmakers last night voted 367 to 59 to set up such a panel, modeled on the commission that investigated the... READ MORE

Tough times for small business

by Staff Reporter • 7 May 2009
The NAB SME Survey for March, released yesterday, revealed that poor conditions are plaguing SMEs across every state,... READ MORE

Stimulus needed to maintain momentum in house construction

by Staff Reporter • 6 May 2009
Dwelling approvals rose for the second consecutive month in March to 10,494, the ABS revealed yesterday. This... READ MORE

Cash rate decision sign of improving economic conditions

by Staff Reporter • 6 May 2009
The official cash rate was left on hold at its record level of 3 per cent following the meeting of the RBA Board,... READ MORE

Cash rate unchanged

by Staff Reporter • 6 May 2009
“Monetary policy has been eased significantly. Market and mortgage rates are at very low levels by historical... READ MORE

Aussie posts strong volume growth on back of Wizard acquisition

by Staff Reporter • 5 May 2009
According to the broker group, monthly lending volumes have doubled to more than $2 billion following the addition of... READ MORE

Europe in deepest and most widespread recession since WWII

by Staff Reporter • 5 May 2009
Unveiling revised economic forecasts yesterday, the commission said it expected the recession across Europe to be... READ MORE

US construction spend, FHB activity on rise

by Staff Reporter • 5 May 2009
Construction spending rose 0.3 per cent in March to a seasonally adjusted annual rate of $US969.7 billion ($1.3... READ MORE
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