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Commercial clearance rates sink in May

by Staff Reporter • 14 Jun 2008
Commercial auction clearance rates fell to a record low 39 per cent in May, with only 83 of 213 properties selling... READ MORE
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No immediate commission cuts expected: Adelaide, ING

by Staff Reporter • 13 Jun 2008
With ANZ the only big five bank yet to announce changes to broker commissions, the second tier banks have now taken... READ MORE
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US loan application volumes improve

by Staff Reporter • 12 Jun 2008
The US mortgage market has showed signs of improvement, data from the Mortgage Bankers Association (MBA) showed... READ MORE
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Consumer confidence plunges unexpectedly

by Staff Reporter • 12 Jun 2008
Consumer sentiment took an unanticipated 5.6 per cent plunge in June, the Westpac Melbourne Institute Index of... READ MORE
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Commercial finance commitments continue downward trend

by Staff Reporter • 12 Jun 2008
Commercial loan commitments dropped in April to $32.601 billion, seasonally adjusted, ABS figures highlighted... READ MORE
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Lehman Brothers to deliver shock quarterly loss

by Staff Reporter • 11 Jun 2008
Lehman Brothers announced overnight that it expected a second quarter loss of US$2.8 billion ($2.95 billion), which... READ MORE
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Outlook bleak for Australian businesses

by Staff Reporter • 10 Jun 2008
The Australian business community has bleak expectations for the September quarter, Dun & Bradstreet’s... READ MORE
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House prices plummet

by Staff Reporter • 10 Jun 2008
Australian house values experienced the largest quarterly fall in five years during the March quarter, according to... READ MORE
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GDP growth rate slows

by Staff Reporter • 5 Jun 2008
Gross domestic product (GDP) rose a surprising 0.6 per cent, seasonally adjusted, in the March quarter ABS data... READ MORE
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Interest rates remain on hold

by Staff Reporter • 4 Jun 2008
The RBA left interest rates unchanged today at 7.25 per cent as opposing forces once again left considerable... READ MORE