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Growth

Negative growth pushes US towards official recession

by Staff Reporter • 31 Oct 2008
This was an abrupt reversal after growth of 2.8 per cent in the three months prior. The main contributor to the... READ MORE

US rates slashed again

by Staff Reporter • 30 Oct 2008
While the Reserve said the reduction, combined with recent policy actions and liquidity measures, should over time... READ MORE

New name for PMI as acquisition finalised

by Staff Reporter • 29 Oct 2008
The announcement follows QBE’s announcement to the ASX last week that it had completed its acquisition of... READ MORE

Businesses appetite for debt wanes

by Staff Reporter • 29 Oct 2008
Credit applications have now declined every month since December 2007. Business credit enquiries have also slid,... READ MORE

Q3 business conditions slump

by Staff Reporter • 29 Oct 2008
Business conditions fell by 11 points to negative four, as all components of the index fell – trading and sales... READ MORE

Firstfolio introduces New-Loan SMSF product

by Staff Reporter • 29 Oct 2008
The new product is intended to take advantage of an anticipated shift in SMSFs’ investment preferences from... READ MORE

Guarantee scheme capped but fund managers remain excluded

by Staff Reporter • 27 Oct 2008
On Friday federal treasurer Wayne Swan said the government would introduce a $1 million threshold on the scheme, over... READ MORE

Weekend auctions stumble again

by Staff Reporter • 27 Oct 2008
Clearance rates fell sharply in Sydney to 40 per cent compared to 49 per cent the weekend before, according to... READ MORE

GE Money ends Australian origination

by Staff Reporter • 25 Oct 2008
The shock news comes just one week after the lender announced it would not be able to pass on any of the RBA’s... READ MORE

RAMS cuts rates again

by Staff Reporter • 24 Oct 2008
This follows the lender’s 90 basis point reduction delivered just over a week ago and will bring its standard... READ MORE

US foreclosures up 71pc

by Staff Reporter • 24 Oct 2008
Data released by RealtyTrac this week showed that more than 765,558 foreclosure filings were reported during the... READ MORE

China slow-down concern for Australian economy

by Staff Reporter • 24 Oct 2008
According to Access Economics, the health of Australia’s economy hinges on that of China – whose strong... READ MORE

AFM drops full and low doc rates

by Staff Reporter • 23 Oct 2008
The mortgage manager will offer the reduced rate on its Alternative Option Full Doc and Lo Doc product range in... READ MORE

Biggest ever rate cut for NZ

by Staff Reporter • 23 Oct 2008
This unprecedented move was the result of “ongoing financial market turmoil and a deteriorating outlook for... READ MORE

Inflation hits 5 pc

by Staff Reporter • 23 Oct 2008
Data released by the ABS today showed the headline consumer price index rose 1.2 per cent in the September quarter to... READ MORE
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