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Growth
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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