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Growth

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Wages up but not out of control

by Staff Reporter • 21 Feb 2008
Wage price growth stayed under control in the last quarter of 2007, ABS data revealed yesterday. READ MORE
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13-year high for swap rate

by Staff Reporter • 21 Feb 2008
The cost of funding is going anywhere but down, with the three-month bank bill swap rate surging yesterday. READ MORE
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RBA minutes signal further rises to come

by Staff Reporter • 20 Feb 2008
Rates look certain to rise again in March and again throughout 2008, with minutes from February's RBA Monetary Policy... READ MORE
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ACCU tables $5.96m profit despite funds cost increase

by Staff Reporter • 20 Feb 2008
Australian Central Credit Union (ACCU) has reported a satisfying financial performance for the half year to December... READ MORE
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Demand for no-deposit loans reaffirmed

by Staff Reporter • 19 Feb 2008
Mortgage products requiring little or no deposit look set to thrive because of Australian’s inability to save. READ MORE
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Non-involvement with risky loans pays off for Wide Bay

by Staff Reporter • 19 Feb 2008
Wide Bay Australia yesterday reported an after tax profit of $8.23 million for the six months ending 31 December 2007. READ MORE
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Odds for consecutive rate rise at 95pc: Reuters

by Staff Reporter • 19 Feb 2008
The RBA is almost certain to lift interest rates again in March, according to a Reuters survey of 22 economists. READ MORE
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Bendigo reports 34.1pc rise in net profit

by Staff Reporter • 18 Feb 2008
Bendigo Bank today announced a net profit of $72.8 million for the six month period to 31 December. READ MORE
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Northern Rock to be nationalised

by Staff Reporter • 18 Feb 2008
UK Chancellor of the Exchequer Alistair Darling has rejected Virgin Money’s bid for Northern Rock over the... READ MORE
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UBS posts record losses as sub-prime crisis bites

by Staff Reporter • 15 Feb 2008
European banking giant UBS yesterday posted a shocking fourth quarter loss of US$13.7 billion ($15.2 billion). READ MORE