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Growth
Fed makes gloomy forecasts for US
by Staff Reporter • 21 May 2009
The US Federal Reserve (Fed) has projected a worse than expected downturn for the flailing US economy and downgraded...
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More rate cuts to come
by Staff Reporter • 21 May 2009
The prospect of further RBA rate cuts has increased off the back of the federal government’s ballooning deficit...
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Variable rates still most popular
by Staff Reporter • 20 May 2009
Borrowers are confident home loan rates will remain low for some time with variable rate demand continuing to track at...
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Decline in commercial construction activity predicted
by Staff Reporter • 19 May 2009
Commercial construction and engineering activity are set to slow down in 2009 and 2010 but government infrastructure...
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IMF casts doubt over domestic growth forecast
by Staff Reporter • 19 May 2009
The International Monetary Fund (IMF) has forecast a slow recovery for Australia, prompting speculation that the...
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Melbourne, Sydney auction clearance rates stable but volume down
by Staff Reporter • 18 May 2009
Auction sales volumes in Melbourne and Sydney were down on the weekend, Australian Property Monitors has revealed.
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US recession over as soon as August
by Staff Reporter • 15 May 2009
If economic predictions are correct the United States’ recession should be over in a matter of months, according...
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Premium property markets shrink as economic conditions bite
by Staff Reporter • 15 May 2009
New research released yesterday has confirmed the top end of Australia’s property market has been hit hard by...
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Recovery still some way off for England
by Staff Reporter • 14 May 2009
The Bank of England (BOE) has sharply cut its growth forecasts for the United Kingdom and warned the road to recovery...
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US foreclosures hit new high
by Staff Reporter • 14 May 2009
One in every 159 US borrowers received a foreclosure filing during the first quarter as default notices and bank...
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