Growth

Two speed economy to continue

by Staff Reporter • 23 Aug 2008

Economic growth will continue to slow in Australia over the next four quarters, the Institute forecast today, to... READ MORE

High rates hurt small businesses

by Staff Reporter • 21 Aug 2008

The ACCI’s Small Business Survey Index showed an index deterioration to 43.4 in the June quarter – the... READ MORE

Profit growth for ACCU

by Staff Reporter • 20 Aug 2008

The result was up a modest 0.39 per cent from last year. “We absorbed costs associated with rising interest... READ MORE

HSBC fixed rates slashed by up to 130 bps

by Staff Reporter • 19 Aug 2008

The biggest reduction was to the bank’s promotional three-year fixed rate for new customers to 7.99 per cent... READ MORE

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