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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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