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G-8 ministers warn of global inflation risk
by Staff Reporter • 16 Jun 2008
The world economy, the ministers’ said, “continues to face uncertainty and downside risks persist”... READ MORE
Commercial clearance rates sink in May
by Staff Reporter • 14 Jun 2008
New South Wales recorded the weakest result of just 28 per cent while Victoria performed strongest over the month... READ MORE
No immediate commission cuts expected: Adelaide, ING
by Staff Reporter • 13 Jun 2008
While commissions are sure to be reduced across second tier lenders eventually, widespread reductions are not... READ MORE
US loan application volumes improve
by Staff Reporter • 12 Jun 2008
The association’s Market Composite Index, which measures mortgage loan application volumes, reached 557.1... READ MORE
Consumer confidence plunges unexpectedly
by Staff Reporter • 12 Jun 2008
The index now sits at 84.7 – the lowest level recorded since December 1992.
Bill Evans, Westpac chief... READ MORE
Commercial finance commitments continue downward trend
by Staff Reporter • 12 Jun 2008
Committments were 14.6 per cent down on March, and followed a decline of 11.1 per cent in March.
Personal finance... READ MORE
Lehman Brothers to deliver shock quarterly loss
by Staff Reporter • 11 Jun 2008
The investment bank – one of Wall Street’s largest – said the first ever quarterly loss would be a... READ MORE
Outlook bleak for Australian businesses
by Staff Reporter • 10 Jun 2008
According to the survey – which measured the sentiment of senior executives across a range of Australian... READ MORE
House prices plummet
by Staff Reporter • 10 Jun 2008
The report, released over the weekend, showed the weighted average median house price dropped by 2.7 per cent over... READ MORE
GDP growth rate slows
by Staff Reporter • 5 Jun 2008
This brought the annual rate, seasonally adjusted, to 3.6 per cent.
The result was the slowest rate of growth in... READ MORE
Interest rates remain on hold
by Staff Reporter • 4 Jun 2008
Glenn Stevens, the RBA’s monetary policy governor, said tightened financial conditions had helped to produce... READ MORE
National property values stagnate
by Staff Reporter • 3 Jun 2008
According to company's end of month index released May 30, property values have dropped by 0.03 per cent since the... READ MORE
Sluggish weekend for auctions
by Staff Reporter • 2 Jun 2008
According to Australian Property Monitors (APM) the clearance rate for auctions in Melbourne was just 52.7 per cent... READ MORE
IMB winds back third-party distribution of residential loans
by Staff Reporter • 2 Jun 2008
IMB's chief executive Robert Ryan told Mortgage Business this morning that the decision had been made in light of... READ MORE
Residential construction increase masks negative trend: MBA
by Staff Reporter • 29 May 2008
Compared to the March quarter 2007, construction activity was down by 2.6 per cent.
Master Builders Australia chief... READ MORE
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