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Growth

Uptake of basic loans on the rise

by Staff Reporter • 16 Dec 2008
Over November the number of borrowers choosing a basic variable rate rose by a sharp seven per cent to 44 per cent of... READ MORE

House prices maintain positive growth

by Staff Reporter • 16 Dec 2008
The median value of the Australian home grew 2.97 per cent, Residex said, to $398,500. This compared to growth of... READ MORE

Personal loan commitments down in October

by Staff Reporter • 16 Dec 2008
According to ABS data released yesterday, personal loan commitments dropped 2.1 per cent to $6.255 billion,... READ MORE

Further government stimulus to keep economy in the black

by Staff Reporter • 15 Dec 2008
The plan, which includes spending on key transport infrastructure and education, should create 32,000 jobs, prime... READ MORE

Economic uncertainty to curb spending

by Staff Reporter • 15 Dec 2008
Access Economics said today it expected retail sales to record negative growth of 0.1 per cent in the 2008-09... READ MORE

Auction rates remain low

by Staff Reporter • 15 Dec 2008
The latest Westpac-Melbourne Institute Index of Consumer Sentiment released last week showed a 7.1 per cent... READ MORE

Gov't urged to scrap wholesale guarantee

by Staff Reporter • 12 Dec 2008
The guarantee, which was intended to improve banks’ access to capital markets, has in fact driven up the cost... READ MORE

Unemployment remains low

by Staff Reporter • 12 Dec 2008
While the figure represented a one year high and more than 15,000 job cuts it was only a fractional 0.1 per cent... READ MORE

Australia?s commercial market hit by global crisis

by Staff Reporter • 12 Dec 2008
A review of the year released today by CB Richard Ellis (CBRE) showed total turnover was just $5.9 billion in 2008,... READ MORE

Delinquencies tipped to fall

by Staff Reporter • 12 Dec 2008
According to the review, prime RMBS delinquencies remain at their record high of 1.47 per cent while low doc... READ MORE

Sentiment bounces back

by Staff Reporter • 11 Dec 2008
The index now stands at 92 – 12.1 per cent higher than just two months ago and 16.4 per cent above its lowest... READ MORE

World growth to slump in 2009

by Staff Reporter • 10 Dec 2008
World GDP growth will slow to 0.9 per cent in 2009, the World Bank predicted in its Global Economic Prospects... READ MORE

Labour market continues to deteriorate

by Staff Reporter • 10 Dec 2008
Released yesterday, the index, which measures the ratio of new job ads placed with Seek to applications, recorded a... READ MORE

New year rate cut far from certain

by Staff Reporter • 10 Dec 2008
Speaking at the Australian Business Economists dinner last night, RBA governor Glenn Stevens commented that recent... READ MORE

Stimulus package could miss the mark

by Staff Reporter • 9 Dec 2008
An online survey conducted by The Daily Telegraph showed 24.6 per cent of respondents planned to save the bonus. A... READ MORE
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