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Lacklustre weekend auctions
by Staff Reporter • 11 Aug 2008
Auction clearance rates were down in the nation’s two biggest markets over the weekend to just 47.6 per cent in... READ MORE
Unemployment rate unchanged in July
by Staff Reporter • 8 Aug 2008
The unemployment rate for July held steady at 4.3 per cent – the same result for four straight months following... READ MORE
Freddie?s losses soar Q2
by Staff Reporter • 7 Aug 2008
Provisions for credit losses of US$2.5 billion (A$2.7 billion) were
largely responsible for the government-sponsored... READ MORE
Australians continue to shy away from property commitments: ABS
by Staff Reporter • 7 Aug 2008
This represented a fall of 3.7 per cent from May and 24.7 per cent from the same time last year, ABS data showed... READ MORE
Northern Rock posts H1 loss
by Staff Reporter • 6 Aug 2008
Profit after tax for the lender in the first half of 2007 was £188 million (A$400.9 million).
These were the... READ MORE
US rates steady at 2pc
by Staff Reporter • 6 Aug 2008
While economic activity expanded during the second quarter, the Fed’s Committee said tight credit market... READ MORE
Industry jobs squeezed in half: Olivier Job Index
by Staff Reporter • 6 Aug 2008
Advertised jobs for the sector have more than halved in the past 12 months with a further drop of 6.4 per cent in... READ MORE
Australian executives braced for tough times
by Staff Reporter • 5 Aug 2008
During the June quarter profit and sales growth of Australian businesses declined to the lowest levels since March... READ MORE
Job market shrinks
by Staff Reporter • 5 Aug 2008
The total number of jobs advertised was down by a seasonally adjusted 0.3 per cent to 261,936 per week. This followed... READ MORE
Property prices will not fall 10 per cent: RP Data, Rismark
by Staff Reporter • 1 Aug 2008
While both groups recorded modest declines across most capital cities in the six months to June, Rismark... READ MORE
ASF presses for initiatives to protect securitisation
by Staff Reporter • 31 Jul 2008
Greg Medcraft, ASF chief executive, said securitisation was essential to deliver cheaper home loans to Australian... READ MORE
GE Money to fund AFM
by Staff Reporter • 31 Jul 2008
Iain Forbes, director of sales and marketing with AFM, said GE Money would provide the appropriate funding and... READ MORE
Country wide house prices falls recorded: APM
by Staff Reporter • 30 Jul 2008
Sydney experienced a 2.1 per cent fall in the June quarter – its largest fall in house prices since 2004; in... READ MORE
Demand for fixed-rates slides
by Staff Reporter • 25 Jul 2008
Data from Mortgage Choice loan approvals released this week showed that fixed-rate loans accounted for just 13 per... READ MORE
Rents skyrocket across the country
by Staff Reporter • 24 Jul 2008
The cost to rent increased most dramatically in Perth, where unit rents surged by 25 per cent and house rents by 17... READ MORE
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