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Firstfolio reports increase in earnings

by Staff Reporter • 4 Feb 2009
In a statement to the ASX the group said it expected to report EBITDA (Earnings Before Interest, Taxes, Depreciation... READ MORE

Rudd pumps billions in to economy to combat crisis

by Staff Reporter • 4 Feb 2009
The multi-billion dollar National Building and Jobs Plan was announced by Kevin Rudd yesterday and is expected to... READ MORE

Capital city house prices slip in December quarter

by Staff Reporter • 3 Feb 2009
The 3.3 per cent decline is slightly higher than the 2.6 per cent annual decline in the national dwelling value... READ MORE

Cash rate tipped to fall by 1pc tomorrow

by Staff Reporter • 2 Feb 2009
Westpac has tipped a 1 per cent cut tomorrow – a level supported by the futures markets. Loan Market Group... READ MORE

Australia's economic position enviable: IMF

by Staff Reporter • 2 Feb 2009
Ray Brooks, IMF head of Asia-Pacific, told The Australian Financial Review today that Australia’s strong track... READ MORE

House prices to hold firm in 09

by Staff Reporter • 2 Feb 2009
Residential prices finished weaker in the last quarter of 2008 but continue to perform markedly better than... READ MORE

State and Fed gov urged to work together to combat crisis

by Staff Reporter • 30 Jan 2009
In its budget submission ‘Budgeting for Revival’ the BCA has highlighted the importance of a coordinated... READ MORE

BoE to spend $100 billion to thaw credit markets

by Staff Reporter • 30 Jan 2009
The objective of the scheme, announced last week, is to increase the availability of corporate credit and get lending... READ MORE

Fed to keep cash rate near zero to rescue US economy

by Staff Reporter • 29 Jan 2009
In a statement released overnight, the Federal Open Market Committee, said it would keep the target cash rate at zero... READ MORE

New Zealand cuts another 150bps off cash rate

by Staff Reporter • 29 Jan 2009
The reduction was the second consecutive 150 basis point reduction from the bank, whose cash rate sat at a record... READ MORE

Gov scheme to assist economic recovery welcomed

by Staff Reporter • 28 Jan 2009
“The government’s initiative tackles two critical issues fundamental to recovery from the global... READ MORE

US consumers kick off 09 with historically low confidence

by Staff Reporter • 28 Jan 2009
According to The Conference Board Consumer Confidence Index, consumer confidence fell to a reading of 37.7 in... READ MORE

Merger discussions for mecu and RegionalOne

by Staff Reporter • 28 Jan 2009
In a statement released today mecu chairman Peter Crocker said discussions were underway with a formal recommendation... READ MORE

Gov scheme to steer commercial construction through downturn

by Staff Reporter • 27 Jan 2009
The Australian Business Investment Partnership (ABIP) which is expected to be headed up by NAB’s Ahmed Fahour,... READ MORE

Australian property 'severely unaffordable'

by Staff Reporter • 27 Jan 2009
Demographia’s annual International Housing Affordability Survey has revealed that Australia has one of the least... READ MORE
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