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Growth
Wide Bay profit soars
by Staff Reporter • 26 Aug 2008
This was an increase of 13.11 per cent from the previous year and follows Wide Bay’s acquisition of Mackay... READ MORE
Rates to fall, but not by much: BIS
by Staff Reporter • 26 Aug 2008
Last week Westpac predicted rates to drop by 100 basis points by early 2009;
earlier in the month NAB also forecast... READ MORE
Challenger releases FY08 results
by Staff Reporter • 26 Aug 2008
The group also reported statutory net profit after tax of $44 million reflecting negative (mark-to-market) investment... READ MORE
Weak weekend for auctions
by Staff Reporter • 25 Aug 2008
The clearance rate was just 47.8 per cent, according to Australian Property Monitors, compared to 79.5 per cent for... READ MORE
Two speed economy to continue
by Staff Reporter • 23 Aug 2008
Economic growth will continue to slow in Australia over the next four quarters, the Institute forecast today, to... READ MORE
High rates hurt small businesses
by Staff Reporter • 21 Aug 2008
The ACCI’s Small Business Survey Index showed an index deterioration to 43.4 in the June quarter – the... READ MORE
Profit growth for ACCU
by Staff Reporter • 20 Aug 2008
The result was up a modest 0.39 per cent from last year.
“We absorbed costs associated with rising interest... READ MORE
HSBC fixed rates slashed by up to 130 bps
by Staff Reporter • 19 Aug 2008
The biggest reduction was to the bank’s promotional three-year fixed rate for new customers to 7.99 per cent... READ MORE
QBE purchases PMI Australia
by Staff Reporter • 15 Aug 2008
The acquisition follows PMI Australia’s US parent’s announcement of a second quarter loss of more than... READ MORE
Consumer sentiment improves
by Staff Reporter • 15 Aug 2008
While still very low, the index rose by 9.1 per cent over to 86.2 per cent – the third biggest monthly jump in... READ MORE
Club launches franchise operations
by Staff Reporter • 14 Aug 2008
With 30 franchises along the east coast currently opening under the Club Financial Services banner, Club anticipates... READ MORE
Fixed-rate demand slides further
by Staff Reporter • 13 Aug 2008
Only 11 per cent of all home loan approvals made by the franchise during the month were fixed, compared to 13 per... READ MORE
25bp rate cut a start but more needed to spark market revival
by Staff Reporter • 12 Aug 2008
In the RBA’s quarterly Statement on Monetary Policy, released this week, the central bank once again signalled... READ MORE
Adelaide and Bendigo deliver solid profit
by Staff Reporter • 12 Aug 2008
Rob Hunt, group managing director of the bank, said the achievement of sustainable profit growth, despite the severe... READ MORE
PMI Australia?s Q2 results dip
by Staff Reporter • 11 Aug 2008
The result was significantly better than its parent’s (PMI Group) quarterly net loss of US$246.3 million ($278... READ MORE
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