Growth

Glimmer of hope for cash rate reduction

by Staff Reporter • 17 Jul 2008

RBA governor Glenn Stevens offered some hope yesterday that interest rates may have reached their peak and the next... READ MORE

by Staff Reporter • 14 Jul 2008

The value of national personal financing fell by 7.8 per cent to $12.581 billion from April to May, ABS data revealed... READ MORE

by Staff Reporter • 11 Jul 2008

Despite a struggling British economy, the Bank of England (BoE) left rates unchanged overnight at five per cent. READ MORE

by Staff Reporter • 11 Jul 2008

Expectations for record high inflation remain high because of increased fuel, rent and food prices, the Melbourne... READ MORE

by Staff Reporter • 10 Jul 2008

Unemployment fell to an unexpected 4.2 per cent in June, from 4.3 per cent in May, as 24,000 more full time jobs were... READ MORE

by Staff Reporter • 10 Jul 2008

Consumer sentiment fell to the lowest level since 1992 in July, the Westpac Melbourne Institute Index of Consumer... READ MORE

by Staff Reporter • 9 Jul 2008

Business conditions and sentiment deteriorated sharply in June, NAB’s monthly Business Survey and Economic... READ MORE

by Staff Reporter • 9 Jul 2008

The UK's fourth largest bank will stop selling new loans through its sub-prime loans unit and plans to cut around 300... READ MORE

by Staff Reporter • 8 Jul 2008

Almost all US housing markets suffered a decrease in value, figures from Radar Logic revealed yesterday. READ MORE

by Staff Reporter • 7 Jul 2008

The already tight supply of residential dwellings is set to contract further as construction activity continues to... READ MORE