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Growth
BoE to spend $100 billion to thaw credit markets
by Staff Reporter • 30 Jan 2009
The UK government has authorised the Bank of England to spend £50 billion (A$109 billion) of “high quality...
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Fed to keep cash rate near zero to rescue US economy
by Staff Reporter • 29 Jan 2009
The Federal Reserve says it will use all tools available to steer the American economy out of the depths of its...
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New Zealand cuts another 150bps off cash rate
by Staff Reporter • 29 Jan 2009
The Reserve Bank of New Zealand (RBNZ) slashed the cash rate overnight by a whopping 150 basis points to 3.5 per cent.
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Gov scheme to assist economic recovery welcomed
by Staff Reporter • 28 Jan 2009
The peak body for the building and construction industry, Master Builders, has welcomed the government’s $4...
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US consumers kick off 09 with historically low confidence
by Staff Reporter • 28 Jan 2009
Consumer confidence in the United States continues to plunge off the back of the country’s deteriorating...
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Merger discussions for mecu and RegionalOne
by Staff Reporter • 28 Jan 2009
Environmentally friendly credit union mecu has announced it is in merger discussions with fellow Victorian based...
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Gov scheme to steer commercial construction through downturn
by Staff Reporter • 27 Jan 2009
The federal government and the big four banks are working on a contingency plan which will provide funding for...
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Australian property 'severely unaffordable'
by Staff Reporter • 27 Jan 2009
Australia’s housing bubble has yet to burst and “sooner or later” the market is likely to suffer house price...
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More rental properties now lie vacant
by Staff Reporter • 23 Jan 2009
Vacancy rates are on the rise according to data released today by property market research house SQM.
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Australian jobs at threat from China slowdown
by Staff Reporter • 23 Jan 2009
The sharp slowdown in the Chinese economy is expected to trigger a fall in Australian exports and place further...
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