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Growth
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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National property values stagnate
by Staff Reporter • 3 Jun 2008
April property figures from RP Data have confirmed the nation’s property markets are softening.
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Sluggish weekend for auctions
by Staff Reporter • 2 Jun 2008
Housing markets remain subdued, auction clearance rates for the weekend have revealed.
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