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Growth

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Credit growth picks up in September

by Staff Reporter • 31 Oct 2008
Demand for credit grew at its fastest pace since March in last month on the back of the Reserve Bank’s rate cut,... READ MORE
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Negative growth pushes US towards official recession

by Staff Reporter • 31 Oct 2008
The US economy has edged ever nearer to recession after recording negative growth of 0.3 per cent for the three months... READ MORE
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US rates slashed again

by Staff Reporter • 30 Oct 2008
The US official cash rate is down to one per cent after the Federal Reserve announced a 50 basis point reduction... READ MORE
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New name for PMI as acquisition finalised

by Staff Reporter • 29 Oct 2008
Mortgage insurer PMI Australia today announced that it has changed its name to QBE Lenders’ Mortgage Insurance... READ MORE
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Businesses appetite for debt wanes

by Staff Reporter • 29 Oct 2008
Business credit applications sank in the first three months of the financial year, a six per cent drop compared to the... READ MORE
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Q3 business conditions slump

by Staff Reporter • 29 Oct 2008
Business conditions suffered one of the biggest falls in the past 20 years in the September quarter, NAB’s... READ MORE
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Firstfolio introduces New-Loan SMSF product

by Staff Reporter • 29 Oct 2008
Firstfolio, via its mortgage management arm New-Loan, has launched an investment product for self managed super funds. READ MORE
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Guarantee scheme capped but fund managers remain excluded

by Staff Reporter • 27 Oct 2008
The government has responded to calls to put a cap on its deposit guarantee scheme but is still under pressure to... READ MORE
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Weekend auctions stumble again

by Staff Reporter • 27 Oct 2008
Auction activity stalled on the weekend despite the government’s stimulus initiatives to restore confidence in... READ MORE
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GE Money ends Australian origination

by Staff Reporter • 25 Oct 2008
GE Money Australia & New Zealand today announced that it will cease offering home loans through all third-party... READ MORE