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Growth

Freddie Mac losses ?an improvement?

by Staff Reporter • 15 May 2008
Chairman and chief executive of Freddie Mac Richard F. Syron said the result was a good result, despite ongoing... READ MORE

RMBS arrears rise, further losses expected

by Staff Reporter • 15 May 2008
Vera Chaplin, Standard & Poor’s RMBS credit analyst, said the change was not uncommon due to the seasonal... READ MORE

Budget won?t rid economy of inflationary pressures

by Staff Reporter • 14 May 2008
Delivering a record surplus of $21.7 billion, the Rudd Government said the 2008 budget would bring some well needed... READ MORE

Budget brings First Home Savers Accounts to life

by Staff Reporter • 14 May 2008
In particular, the budget allocated $1.2 billion to the much anticipated First Home Savers Accounts, where first home... READ MORE

PMI Australia reports healthy first quarter earnings

by Staff Reporter • 13 May 2008
PMI Australia reported a record net income of US$30.5 million ($32.2 million) for the quarter – an increase of... READ MORE

Personal, commercial finance commitments drop in March

by Staff Reporter • 13 May 2008
Compared to February, personal finance commitments fell in March by 11.5 per cent to $6.527 billion, seasonally... READ MORE

Rents outgrowing wages in Sydney

by Staff Reporter • 9 May 2008
Sydney rents are rising significantly faster than wages, new data released from Housing NSW reveals. According to the... READ MORE

Bleak outlook for industry growth: AFG

by Staff Reporter • 6 May 2008
According to AFG’s latest Mortgage Index, mortgage sales rose 9.65 per cent month on month compared to March... READ MORE

Rates on hold as demand slows

by Staff Reporter • 6 May 2008
Speaking of the decision to leave rates on hold, Glenn Stevens, RBA monetary policy governor, said that evidence was... READ MORE

House prices feel brunt of high interest rates

by Staff Reporter • 5 May 2008
Nationally, the weighted average house price index increased by just 1.1 per cent in the three months to March... READ MORE

Fed announces further measures to improve liquidity

by Staff Reporter • 5 May 2008
As of today May 5 the amounts auctioned to eligible depository institutions will increase from US$50 billion to US$75... READ MORE

Australians' financial savvy still has some way to go

by Staff Reporter • 2 May 2008
According to MyRate.com.au, who conducted the research, the results, though worrying, were in improvement from 2007... READ MORE

US rates down to 2pc

by Staff Reporter • 1 May 2008
The Committee attributed weak economic activity and ongoing impact of the sub-prime crisis to the... READ MORE

S&L and Austral CU merger likely

by Staff Reporter • 30 Apr 2008
If approved the merger would give Savings & Loans a further four branches as well as six additional agencies and... READ MORE

Rate rises stunt property price growth

by Staff Reporter • 30 Apr 2008
All capital cities experienced slower than expected growth in the first three months of the year, including Brisbane,... READ MORE
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