Growth
Unemployment rife in lead up to Christmas
by Staff Reporter • 18 Dec 2008
The number of people receiving jobless benefits rose by 75,700 to 1.07 million in November alone, according to the UK... READ MORE
Australia to avoid recession
by Staff Reporter • 18 Dec 2008
The Index, which indicates the likely pace of economic activity three to nine months into the future, slowed 0.5 per... READ MORE
US rates slashed to historic low
by Staff Reporter • 17 Dec 2008
“Overall the outlook for economic activity has weakened further” and “inflationary pressures have... READ MORE
House construction down in September quarter
by Staff Reporter • 17 Dec 2008
Total dwelling commitments totalled 35,425 in the quarter according to the ABS, a figure not seen since 2001.
The... READ MORE
Rate Tracker returns
by Staff Reporter • 16 Dec 2008
The lender cut the product from the broker channel in July this year citing “limited funds with which to meet... READ MORE
GE Money cuts rates
by Staff Reporter • 16 Dec 2008
Its Specialist Options range, which includes its non-conforming mortgages, will see a reduction to rates of 75 basis... READ MORE
Uptake of basic loans on the rise
by Staff Reporter • 16 Dec 2008
Over November the number of borrowers choosing a basic variable rate rose by a sharp seven per cent to 44 per cent of... READ MORE
House prices maintain positive growth
by Staff Reporter • 16 Dec 2008
The median value of the Australian home grew 2.97 per cent, Residex said, to $398,500. This compared to growth of... READ MORE
Personal loan commitments down in October
by Staff Reporter • 16 Dec 2008
According to ABS data released yesterday, personal loan commitments dropped 2.1 per cent to $6.255 billion,... READ MORE
Further government stimulus to keep economy in the black
by Staff Reporter • 15 Dec 2008
The plan, which includes spending on key transport infrastructure and education, should create 32,000 jobs, prime... READ MORE
Economic uncertainty to curb spending
by Staff Reporter • 15 Dec 2008
Access Economics said today it expected retail sales to record negative growth of 0.1 per cent in the 2008-09... READ MORE
Auction rates remain low
by Staff Reporter • 15 Dec 2008
The latest Westpac-Melbourne Institute Index of Consumer Sentiment released last week showed a 7.1 per cent... READ MORE
Gov't urged to scrap wholesale guarantee
by Staff Reporter • 12 Dec 2008
The guarantee, which was intended to improve banks’ access to capital markets, has in fact driven up the cost... READ MORE
Unemployment remains low
by Staff Reporter • 12 Dec 2008
While the figure represented a one year high and more than 15,000 job cuts it was only a fractional 0.1 per cent... READ MORE
Australia?s commercial market hit by global crisis
by Staff Reporter • 12 Dec 2008
A review of the year released today by CB Richard Ellis (CBRE) showed total turnover was just $5.9 billion in 2008,... READ MORE

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