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Growth
Cash rate tipped to fall by 1pc tomorrow
by Staff Reporter • 2 Feb 2009
The cash rate is expected to fall to 3.25 per cent tomorrow and could fall below 2 per cent by the end of 2009,...
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Australia's economic position enviable: IMF
by Staff Reporter • 2 Feb 2009
Treasurer Wayne Swan has confirmed the economic crisis will send the federal budget into deficit however the...
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House prices to hold firm in 09
by Staff Reporter • 2 Feb 2009
Strong demand and historic low interest rates should see the Australian property market through a challenging year...
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State and Fed gov urged to work together to combat crisis
by Staff Reporter • 30 Jan 2009
The Business Council of Australia (BCA) has called on all levels of Australian government to work together in order to...
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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...
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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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