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Fast action essential for multi-billion dollar financial US rescue...
by Staff Reporter • 22 Sep 2008
Secretary Treasury Henry M Paulson Junior said the plan would address the “root cause” of the current... READ MORE
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Auction activity down
by Staff Reporter • 22 Sep 2008
In Sydney just 48 per cent of properties up for auction went under the hammer compared to 63 per cent for the same... READ MORE
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Rents to jump as property supply falls
by Staff Reporter • 19 Sep 2008
Tim Lawless, RP Data’s national research director, said Australia’s housing shortage was likely to... READ MORE
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Mining sector health clouds ?decidedly bleaker? economic growth...
by Staff Reporter • 18 Sep 2008
The Westpac-Melbourne Institute Leading Index, released yesterday, showed that the likely pace of economic activity... READ MORE
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Barclays to acquire Lehman assets
by Staff Reporter • 17 Sep 2008
Under the deal, Barclays will acquire trading assets worth an estimated US$72 billion ($90 billion) and trading... READ MORE
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Federal Reserve makes billion dollar rescue loan for AIG
by Staff Reporter • 17 Sep 2008
The central bank decided to make the loan after determining that a “disorderly failure” of the insurer... READ MORE
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October rate cut unlikely
by Staff Reporter • 17 Sep 2008
Fariborz Moshirian, professor of finance at UNSW’s Australian School of Business, told Mortgage Business that... READ MORE
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No change to US cash rate
by Staff Reporter • 17 Sep 2008
While the central bank noted that “strains in financial markets” had increased... READ MORE
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American insurance giant on verge of collapse
by Staff Reporter • 16 Sep 2008
According to Bloomberg, the insurer is seeking a loan of at least $US75 billion ($A94 billion) through Goldman Sachs... READ MORE
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UK economy tipped to recover in late 2009
by Staff Reporter • 15 Sep 2008
In its latest assessment of the UK economy, the CBI downgraded its growth forecasts for 2008 from 1.7 to 1.1 per... READ MORE
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NZ Rate cuts spark jump in consumer confidence
by Staff Reporter • 15 Sep 2008
According to a Colmar Brunton poll for Television New Zealand, 50 per cent of respondents expect the economy to... READ MORE
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Liquidation almost imminent for Lehman Brothers
by Staff Reporter • 15 Sep 2008
According to The Australian, Britain’s third largest bank Barclays, pulled out of negotiations overnight due to... READ MORE
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Inflation tipped to fall
by Staff Reporter • 12 Sep 2008
The median expected rate of inflation fell to 4.4 per cent in September, compared to 4.9 in August and 5.9 in... READ MORE
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Strong employment figures throws doubt on October rate cut
by Staff Reporter • 11 Sep 2008
According to the ABS, the unemployment rate dipped to 4.1 per cent last month, from 4.3 per cent in July – much... READ MORE
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Talkback - SEPT 2008
by Staff Reporter • 11 Sep 2008
On non-bank lenders: “In the short term while the securitisation market in Australia is all but frozen I see no... READ MORE
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