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Firstfolio reports increase in earnings
by Staff Reporter • 4 Feb 2009
Listed mortgage and financial services group Firstfolio today announced a significant increase in its half year... READ MORE
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Banks deliver full rate relief to borrowers
by Staff Reporter • 4 Feb 2009
The major banks have wasted no time in passing on yesterday’s 100 basis point cash rate reduction. READ MORE
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Rudd pumps billions in to economy to combat crisis
by Staff Reporter • 4 Feb 2009
The federal government has armed the economy with a $42 billion arsenal with which to fight the advancing global... READ MORE
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RBA delivers full one per cent
by Staff Reporter • 4 Feb 2009
The Reserve Bank of Australia this afternoon confirmed what economists expected by delivering a 1 per cent cut to the... READ MORE
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Consumer spending exceeds expectations
by Staff Reporter • 3 Feb 2009
Solid post Christmas spending could indicate that Australian consumers have responded to lower interest rates and the... READ MORE
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Tougher loan criteria for US borrowers
by Staff Reporter • 3 Feb 2009
US lenders continued to tighten their lending standards in the last three months of 2008, the Federal Reserve’s... READ MORE
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Commonwealth Bank to deliver better than expected profit
by Staff Reporter • 3 Feb 2009
The Commonwealth Bank has announced a profit upgrade for its first half results – a surprise for the market... READ MORE
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Government urged to deliver tax cuts
by Staff Reporter • 3 Feb 2009
Tax relief and public infrastructure investment should be priorities in the government’s next stimulus package... READ MORE
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Capital city house prices slip in December quarter
by Staff Reporter • 3 Feb 2009
Figures released by the Bureau of Statistics yesterday show the weighted average national house price dropped by 3.3... READ MORE
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Cash rate tipped to fall by 1pc tomorrow
by Staff Reporter • 2 Feb 2009
The cash rate is expected to fall to 3.25 per cent tomorrow and could fall below 2 per cent by the end of 2009,... READ MORE
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Economic uncertainty sends borrowing levels south
by Staff Reporter • 2 Feb 2009
Private sector borrowing has contracted for the first time since the early 1990s fuelled by nervous businesses who are... READ MORE
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Australia's economic position enviable: IMF
by Staff Reporter • 2 Feb 2009
Treasurer Wayne Swan has confirmed the economic crisis will send the federal budget into deficit however the... READ MORE
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House prices to hold firm in 09
by Staff Reporter • 2 Feb 2009
Strong demand and historic low interest rates should see the Australian property market through a challenging year... READ MORE
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BankWest trims major groups' commission
by Staff Reporter • 30 Jan 2009
BankWest’s commission guarantee to its top six aggregation groups has ended and a new reduced remuneration... READ MORE
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US home sales fall to 26 year low
by Staff Reporter • 30 Jan 2009
Further evidence of the crumbling US housing market was revealed with the news that total new home sales in the United... READ MORE
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State and Fed gov urged to work together to combat crisis
by Staff Reporter • 30 Jan 2009
The Business Council of Australia (BCA) has called on all levels of Australian government to work together in order to... READ MORE
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Opportunity for cautious investors in Australian property
by Staff Reporter • 30 Jan 2009
Property prices will not drop as much in Australia as they have in the UK or US but savvy local investors can still... READ MORE
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BoE to spend $100 billion to thaw credit markets
by Staff Reporter • 30 Jan 2009
The UK government has authorised the Bank of England to spend £50 billion (A$109 billion) of “high quality... READ MORE
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Fed to keep cash rate near zero to rescue US economy
by Staff Reporter • 29 Jan 2009
The Federal Reserve says it will use all tools available to steer the American economy out of the depths of its... READ MORE
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Wizard brand could be canned
by Staff Reporter • 29 Jan 2009
The Wizard Home Loans brand may soon disappear from the mortgage industry with new owner Aussie Home Loans reportedly... READ MORE
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New Zealand cuts another 150bps off cash rate
by Staff Reporter • 29 Jan 2009
The Reserve Bank of New Zealand (RBNZ) slashed the cash rate overnight by a whopping 150 basis points to 3.5 per cent. READ MORE
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Brokers call for FHOG extension
by Staff Reporter • 29 Jan 2009
The increase to the First Home Owner Grant (FHOG) appears to have stimulated buyer activity and the majority of... READ MORE
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Weak global economy and falling inflation point to big rate cut
by Staff Reporter • 29 Jan 2009
Bleak forecasts for the global economy from the IMF and the biggest quarterly decline in domestic inflation in more... READ MORE
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Gov scheme to assist economic recovery welcomed
by Staff Reporter • 28 Jan 2009
The peak body for the building and construction industry, Master Builders, has welcomed the government’s $4... READ MORE
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US consumers kick off 09 with historically low confidence
by Staff Reporter • 28 Jan 2009
Consumer confidence in the United States continues to plunge off the back of the country’s deteriorating... READ MORE