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Growth

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Positive economic growth virtually impossible: PM

by Staff Reporter • 23 Mar 2009
The prime minister has conceded that as a result of the global slowdown it will be virtually impossible for Australia... READ MORE
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UK houses lose more than $50,000 in value

by Staff Reporter • 20 Mar 2009
The annual rate of decline of UK houses increased to 11.5 per cent in January, UK government figures revealed this... READ MORE
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Federal Reserve to print more money

by Staff Reporter • 20 Mar 2009
In a drastic new effort to stimulate its failing economy the Federal Reserve has followed the Bank of England’s... READ MORE
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IMF downgrades global growth forecasts again

by Staff Reporter • 20 Mar 2009
The world economy will contract this year for the first time in 60 years with any modest recovery in 2010 dependent on... READ MORE
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Australian economy in ?better shape than most?

by Staff Reporter • 19 Mar 2009
The Australian economy is likely to face further slowdown but it remains better positioned than most other developed... READ MORE
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Global recovery more than a year away

by Staff Reporter • 19 Mar 2009
The International Monetary Fund (IMF) has warned the global economy will contract by more than expected in 2009 and... READ MORE
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US housing starts record surprise improvement

by Staff Reporter • 18 Mar 2009
Housing starts in the United States rose for the first time in eight months in February offering a faint ray of hope... READ MORE
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Land shortage holds up new home recovery

by Staff Reporter • 18 Mar 2009
A significant deterioration in land sales volumes bodes badly for already weak new home building activity. READ MORE
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Future bright for US recovery: Fed chairman

by Staff Reporter • 17 Mar 2009
The US economy will recover next year, US Federal Reserve chairman Ben Bernanke announced in a direct address to the... READ MORE
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Stimulus payments flow through to retail

by Staff Reporter • 17 Mar 2009
Australian families are taking to the shops to spend the first of the government’s multibillion dollar stimulus... READ MORE