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Growth
World economies must unite to combat crisis: Rudd
by Staff Reporter • 9 Jan 2009
Prime minister Kevin Rudd has urged global economies to work together should they want to tackle the global financial...
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UK rates cut another 0.5pc
by Staff Reporter • 9 Jan 2009
The Bank of England has cut the cash rate to just 1.5 per cent as its economy faces an ever worsening situation.
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New construction continues to contract
by Staff Reporter • 8 Jan 2009
Construction activity registered a further decline in December 2008 as the economic crisis and a lack of credit...
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Economic uncertainty weighs on consumer spending
by Staff Reporter • 8 Jan 2009
Falling interest rates, lower fuel prices and the $10 billion government handout have failed to boost consumer...
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Prime arrears remain steady
by Staff Reporter • 8 Jan 2009
Australian borrowers remain largely on top of their commitments despite a worsening economic environment according to...
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Australians prefer property to shares
by Staff Reporter • 7 Jan 2009
Significant reductions to the cash rate may have had an impact as more Australians plan to choose property over shares...
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Businesses braced for tough period ahead
by Staff Reporter • 7 Jan 2009
Business expectations for the first quarter of 2009 have fallen to record lows according to the Australian Chamber of...
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Weak services sector highlights case for further rate cuts
by Staff Reporter • 6 Jan 2009
Persistently weak demand has seen the services sector report a ninth monthly decline in activity, according to the...
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Australia well placed for hard year ahead: Swan
by Staff Reporter • 6 Jan 2009
While business executives are preparing for the worst in 2009, treasurer Wayne Swan has urged Australians to remember...
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Business confidence grinds to new low
by Staff Reporter • 6 Jan 2009
Australian business confidence has fallen to levels not seen since the country’s recession in the early 1990s,...
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