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Consumer sentiment and spending key to economic recovery
by Staff Reporter • 8 Dec 2008
Australia’s economy does not have to fall into recession but negative sentiment could see the country talk...
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ANZ to cut 800 jobs in next two weeks
by Staff Reporter • 8 Dec 2008
ANZ confirmed on Friday that up to 800 of the bank’s employees will lose their jobs before Christmas.
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Macquarie sheds jobs
by Staff Reporter • 5 Dec 2008
The global financial crisis reared its ugly head in Australia yesterday with reports that up to 1000 Macquarie Group...
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CBA tops majors with best SVR rate
by Staff Reporter • 5 Dec 2008
A gap of 0.26 per has cent opened up between the comparison rates offered by the big banks following the RBA’s...
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Challenger prices $824m RMBS deal
by Staff Reporter • 5 Dec 2008
The non-bank sector has received a further liquidity injection after Challenger Mortgage Management successfully...
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Weak building approvals to persist into new year
by Staff Reporter • 5 Dec 2008
Building approvals were again weak in October and are expected to remain so for much of 2009.
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Consumer spending up in October
by Staff Reporter • 3 Dec 2008
Retail spending improved surprisingly in October, ABS data released yesterday revealed.
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Major banks quick to cut rates
by Staff Reporter • 3 Dec 2008
Most of the big banks have wasted no time in announcing rate reductions but not all have decided to hand back the full...
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Bank deposits soar
by Staff Reporter • 1 Dec 2008
Australians have turned to the safety of bank deposit accounts in favour of risking their money in volatile...
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Bankwest cuts fixed rates
by Staff Reporter • 28 Nov 2008
Bankwest has today cut its two year fixed rate home loan to 5.49 per cent p.a. (comparison rate of 7.38%) in...
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