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Growth

AIG's multi-billion dollar loan signed off

by Staff Reporter • 25 Sep 2008

Published: 25-09-08

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Bleak outlook for NSW property market

by Staff Reporter • 25 Sep 2008
“We are at the very least heading for a technical recession,” Mr Hassan said, according to the Australian... READ MORE

Australia?s economy well managed

by Staff Reporter • 24 Sep 2008
In it’s country report on Australia, released yesterday the IMF said GDP would slow over the next two years,... READ MORE

Australia?s Lehman Brothers finds new parent

by Staff Reporter • 23 Sep 2008
Under the terms of the transaction, all 3,000 Lehman Brothers employees in the Asia Pacific will be offered... READ MORE

G7 supports US rescue plan

by Staff Reporter • 23 Sep 2008
"We strongly welcome the extraordinary actions taken by the United States to enhance the stability of financial... READ MORE

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

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

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

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

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

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

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

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

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

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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