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State and Fed gov urged to work together to combat crisis
by Staff Reporter • 30 Jan 2009
In its budget submission ‘Budgeting for Revival’ the BCA has highlighted the importance of a coordinated... READ MORE
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BoE to spend $100 billion to thaw credit markets
by Staff Reporter • 30 Jan 2009
The objective of the scheme, announced last week, is to increase the availability of corporate credit and get lending... READ MORE
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Fed to keep cash rate near zero to rescue US economy
by Staff Reporter • 29 Jan 2009
In a statement released overnight, the Federal Open Market Committee, said it would keep the target cash rate at zero... READ MORE
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New Zealand cuts another 150bps off cash rate
by Staff Reporter • 29 Jan 2009
The reduction was the second consecutive 150 basis point reduction from the bank, whose cash rate sat at a record... READ MORE
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Gov scheme to assist economic recovery welcomed
by Staff Reporter • 28 Jan 2009
“The government’s initiative tackles two critical issues fundamental to recovery from the global... READ MORE
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US consumers kick off 09 with historically low confidence
by Staff Reporter • 28 Jan 2009
According to The Conference Board Consumer Confidence Index, consumer confidence fell to a reading of 37.7 in... READ MORE
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Merger discussions for mecu and RegionalOne
by Staff Reporter • 28 Jan 2009
In a statement released today mecu chairman Peter Crocker said discussions were underway with a formal recommendation... READ MORE
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Gov scheme to steer commercial construction through downturn
by Staff Reporter • 27 Jan 2009
The Australian Business Investment Partnership (ABIP) which is expected to be headed up by NAB’s Ahmed Fahour,... READ MORE
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Australian property 'severely unaffordable'
by Staff Reporter • 27 Jan 2009
Demographia’s annual International Housing Affordability Survey has revealed that Australia has one of the least... READ MORE
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More rental properties now lie vacant
by Staff Reporter • 23 Jan 2009
According to the report Melbourne recorded the highest vacancy rate of 3.9 per cent while the Hobart market remained... READ MORE
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Australian jobs at threat from China slowdown
by Staff Reporter • 23 Jan 2009
China saw growth of just 6.8 per cent year on year in the December quarter with overall growth of 9 per cent for 2008... READ MORE
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Sentiment slides in January but stronger than lows of 2008
by Staff Reporter • 22 Jan 2009
The Westpac-Melbourne Institute Index of Consumer Sentiment, released yesterday, recorded a fall of 2.2 per cent in... READ MORE
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BoE to execute ?unconventional measures? to manage policy
by Staff Reporter • 21 Jan 2009
Speaking in Nottingham, Mervyn King, BoE governor, conceded that 2009 would be a difficult year for all and may... READ MORE
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Low inflation supports sizeable rate cuts
by Staff Reporter • 20 Jan 2009
The TD Securities-Melbourne Institute inflation gauge dropped 0.2 per cent in December, its third consecutive monthly... READ MORE
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PM flags new measures to fight slowdown
by Staff Reporter • 20 Jan 2009
At an Australia Day reception at Kirribilli House last night Mr Rudd said the impact of the global economic slowdown... READ MORE
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