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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... READ MORE
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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... READ MORE
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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. READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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. READ MORE
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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... READ MORE