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Consumer spending exceeds expectations
by Staff Reporter • 3 Feb 2009
Despite increasing economic uncertainty, Australian consumers spent a greater than expected $6.5 billion in the... READ MORE
Commonwealth Bank to deliver better than expected profit
by Staff Reporter • 3 Feb 2009
In a statement released to the ASX last night CBA said it expected its cash net profit after tax to be around $2... READ MORE
BankWest trims major groups' commission
by Staff Reporter • 30 Jan 2009
The changes follow the bank’s decision in April last year to freeze commission levels for its key partners... READ MORE
Wizard brand could be canned
by Staff Reporter • 29 Jan 2009
According to The Australian Financial Review, founder and executive chairman of Aussie John Symond has, in a series... READ MORE
Weak global economy and falling inflation point to big rate cut
by Staff Reporter • 29 Jan 2009
In its World Economic Outlook released overnight The International Monetary Fund (IMF) said the global economy would... READ MORE
ING Group losses no impact on ING DIRECT
by Staff Reporter • 28 Jan 2009
ING Group, parent company of local lender ING DIRECT, today announced an expected quarterly loss of €3.3 billion... READ MORE
Australia to slip into moderate recession: NAB
by Staff Reporter • 27 Jan 2009
NAB’s monthly Business Survey and Economic Outlook released today showed that business confidence and... READ MORE
Building industry downbeat about new year
by Staff Reporter • 21 Jan 2009
According to an industry survey released by Master Builders Australia (MBA) yesterday, builder sentiment has... READ MORE
Rising rental yields to boost investment appeal in 2009
by Staff Reporter • 19 Jan 2009
According to RP Data, a lack of supply and falling property values are working to push yields up on investment... READ MORE
Australia facing rapid downturn
by Staff Reporter • 19 Jan 2009
In its latest quarterly Business Outlook, Access Economics said “Australia’s recent prosperity will... READ MORE
BoQ invites merger interest
by Staff Reporter • 16 Jan 2009
According to The Australian Financial Review today, BoQ said it was keen to talk with groups interested in “taking... READ MORE
New boss for Heritage third-party
by Staff Reporter • 16 Jan 2009
Mr Ure takes the reins of the third-party business after previously working as Heritage’s regional manager,... READ MORE
Australia's AAA rating affirms sound finances and resilient economy
by Staff Reporter • 14 Jan 2009
Standard & Poor’s yesterday affirmed Australia’s AAA credit rating reflecting its view that our government... READ MORE
CBA invests in RP Data
by Staff Reporter • 13 Jan 2009
In a statement released to the ASX yesterday, CBA confirmed it had purchased 8,658,000 shares in the group, resulting... READ MORE
Economist tips falling commodity prices to hit Australia hard
by Staff Reporter • 12 Jan 2009
Writing in today’s Australian Financial Review, leading economist Ed Shann, said Australia’s... READ MORE
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