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Growth

QBE purchases PMI Australia

by Staff Reporter • 15 Aug 2008
The acquisition follows PMI Australia’s US parent’s announcement of a second quarter loss of more than... READ MORE

Consumer sentiment improves

by Staff Reporter • 15 Aug 2008
While still very low, the index rose by 9.1 per cent over to 86.2 per cent – the third biggest monthly jump in... READ MORE

Club launches franchise operations

by Staff Reporter • 14 Aug 2008
With 30 franchises along the east coast currently opening under the Club Financial Services banner, Club anticipates... READ MORE

Fixed-rate demand slides further

by Staff Reporter • 13 Aug 2008
Only 11 per cent of all home loan approvals made by the franchise during the month were fixed, compared to 13 per... READ MORE

25bp rate cut a start but more needed to spark market revival

by Staff Reporter • 12 Aug 2008
In the RBA’s quarterly Statement on Monetary Policy, released this week, the central bank once again signalled... READ MORE

Adelaide and Bendigo deliver solid profit

by Staff Reporter • 12 Aug 2008
Rob Hunt, group managing director of the bank, said the achievement of sustainable profit growth, despite the severe... READ MORE

PMI Australia?s Q2 results dip

by Staff Reporter • 11 Aug 2008
The result was significantly better than its parent’s (PMI Group) quarterly net loss of US$246.3 million ($278... READ MORE

Lacklustre weekend auctions

by Staff Reporter • 11 Aug 2008
Auction clearance rates were down in the nation’s two biggest markets over the weekend to just 47.6 per cent in... READ MORE

Unemployment rate unchanged in July

by Staff Reporter • 8 Aug 2008
The unemployment rate for July held steady at 4.3 per cent – the same result for four straight months following... READ MORE

Freddie?s losses soar Q2

by Staff Reporter • 7 Aug 2008
Provisions for credit losses of US$2.5 billion (A$2.7 billion) were largely responsible for the government-sponsored... READ MORE

Australians continue to shy away from property commitments: ABS

by Staff Reporter • 7 Aug 2008
This represented a fall of 3.7 per cent from May and 24.7 per cent from the same time last year, ABS data showed... READ MORE

Northern Rock posts H1 loss

by Staff Reporter • 6 Aug 2008
Profit after tax for the lender in the first half of 2007 was £188 million (A$400.9 million). These were the... READ MORE

US rates steady at 2pc

by Staff Reporter • 6 Aug 2008
While economic activity expanded during the second quarter, the Fed’s Committee said tight credit market... READ MORE

Industry jobs squeezed in half: Olivier Job Index

by Staff Reporter • 6 Aug 2008
Advertised jobs for the sector have more than halved in the past 12 months with a further drop of 6.4 per cent in... READ MORE

Australian executives braced for tough times

by Staff Reporter • 5 Aug 2008
During the June quarter profit and sales growth of Australian businesses declined to the lowest levels since March... READ MORE
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