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Growth
UCU and mecu to merge
by Staff Reporter • 20 May 2008
If approved, the merger would see the UCU business transfer to mecu to create a $1.7 billion credit union with 17... READ MORE
Four capital cities report negative growth in April
by Staff Reporter • 19 May 2008
Melbourne, Sydney, Hobart and Perth all recorded negative price growth of between 0.21 per cent (Hobart) and 0.74 per... READ MORE
Residential property listings up 74 per cent
by Staff Reporter • 19 May 2008
The total number of listings on the national property market averaged around 132,700 in April, RP Data said last... READ MORE
Freddie Mac losses ?an improvement?
by Staff Reporter • 15 May 2008
Chairman and chief executive of Freddie Mac Richard F. Syron said the result was a good result, despite ongoing... READ MORE
RMBS arrears rise, further losses expected
by Staff Reporter • 15 May 2008
Vera Chaplin, Standard & Poor’s RMBS credit analyst, said the change was not uncommon due to the seasonal... READ MORE
Budget won?t rid economy of inflationary pressures
by Staff Reporter • 14 May 2008
Delivering a record surplus of $21.7 billion, the Rudd Government said the 2008 budget would bring some well needed... READ MORE
Budget brings First Home Savers Accounts to life
by Staff Reporter • 14 May 2008
In particular, the budget allocated $1.2 billion to the much anticipated First Home Savers Accounts, where first home... READ MORE
PMI Australia reports healthy first quarter earnings
by Staff Reporter • 13 May 2008
PMI Australia reported a record net income of US$30.5 million ($32.2 million) for the quarter – an increase of... READ MORE
Personal, commercial finance commitments drop in March
by Staff Reporter • 13 May 2008
Compared to February, personal finance commitments fell in March by 11.5 per cent to $6.527 billion, seasonally... READ MORE
Rents outgrowing wages in Sydney
by Staff Reporter • 9 May 2008
Sydney rents are rising significantly faster than wages, new data released from Housing NSW reveals.
According to the... READ MORE
Bleak outlook for industry growth: AFG
by Staff Reporter • 6 May 2008
According to AFG’s latest Mortgage Index, mortgage sales rose 9.65 per cent month on month compared to March... READ MORE
Rates on hold as demand slows
by Staff Reporter • 6 May 2008
Speaking of the decision to leave rates on hold, Glenn Stevens, RBA monetary policy governor, said that evidence was... READ MORE
House prices feel brunt of high interest rates
by Staff Reporter • 5 May 2008
Nationally, the weighted average house price index increased by just 1.1 per cent in the three months to March... READ MORE
Fed announces further measures to improve liquidity
by Staff Reporter • 5 May 2008
As of today May 5 the amounts auctioned to eligible depository institutions will increase from US$50 billion to US$75... READ MORE
Australians' financial savvy still has some way to go
by Staff Reporter • 2 May 2008
According to MyRate.com.au, who conducted the research, the results, though worrying, were in improvement from 2007... READ MORE
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