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CBA invests in RP Data
by Staff Reporter • 13 Jan 2009
The Commonwealth Bank has purchased a six per cent stake in valuations provider RP Data.
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Fewer job ads placed as economy slows
by Staff Reporter • 13 Jan 2009
Data released by ANZ has revealed a sharp fall in the number of newspaper job advertisements fuelling fears that... READ MORE
In the papers
by Staff Reporter • 12 Jan 2009
It’s a buyers market for rural property in 2009, The Australian Financial Review reported today.
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Economist tips falling commodity prices to hit Australia hard
by Staff Reporter • 12 Jan 2009
While Australia’s strong farming and resources sectors have enabled the economy to sidestep any sharp slowdown... READ MORE
US job losses worst since WWII
by Staff Reporter • 12 Jan 2009
The unemployment rate in the United States hit a 16 year high in December of 7.2 per cent according to US Department... READ MORE
Upped FHOG hits the mark
by Staff Reporter • 12 Jan 2009
More than 5000 first home buyers applied for the beefed-up first home owner grants (FHOG) in the first full month of... READ MORE
Building slump supports argument for further rate cuts
by Staff Reporter • 9 Jan 2009
Building approvals recorded a massive 12.8 per cent decline in November in what was a blow to the ailing housing... READ MORE
Suncorp rating downgraded
by Staff Reporter • 9 Jan 2009
Suncorp will face higher funding costs after its banking operations were downgraded by Standard & Poor’s... READ MORE
High-end Adelaide property set for gains
by Staff Reporter • 9 Jan 2009
A leading real estate agent believes professionals, ‘old money’ and expats will position Adelaide’s... READ MORE
World economies must unite to combat crisis: Rudd
by Staff Reporter • 9 Jan 2009
Prime minister Kevin Rudd has urged global economies to work together should they want to tackle the global financial... READ MORE
UK rates cut another 0.5pc
by Staff Reporter • 9 Jan 2009
The Bank of England has cut the cash rate to just 1.5 per cent as its economy faces an ever worsening... READ MORE
Half of brokers unprepared for new year
by Staff Reporter • 8 Jan 2009
Despite challenging market conditions ahead the indications are that little over half of Australia’s brokers... READ MORE
New construction continues to contract
by Staff Reporter • 8 Jan 2009
Construction activity registered a further decline in December 2008 as the economic crisis and a lack of credit... READ MORE
Economic uncertainty weighs on consumer spending
by Staff Reporter • 8 Jan 2009
Falling interest rates, lower fuel prices and the $10 billion government handout have failed to boost consumer... READ MORE
Rate cuts and incentives fail to boost new home sales
by Staff Reporter • 8 Jan 2009
New home sales recorded a disappointing decline in November despite interest rate reductions and first home buyer... READ MORE
Prime arrears remain steady
by Staff Reporter • 8 Jan 2009
Australian borrowers remain largely on top of their commitments despite a worsening economic environment according to... READ MORE
Upbeat borrowers bode well for lending activity
by Staff Reporter • 7 Jan 2009
Contrary to the pessimism of some pundits Australian households are managing the economic downturn reasonably well and... READ MORE
US home sales slump to new low
by Staff Reporter • 7 Jan 2009
Pending home sales in the United States have fallen to their lowest level in seven years and a further weakening... READ MORE
Australians prefer property to shares
by Staff Reporter • 7 Jan 2009
Significant reductions to the cash rate may have had an impact as more Australians plan to choose property over shares... READ MORE
Businesses braced for tough period ahead
by Staff Reporter • 7 Jan 2009
Business expectations for the first quarter of 2009 have fallen to record lows according to the Australian Chamber of... READ MORE
Brokers rank high with young home buyers
by Staff Reporter • 6 Jan 2009
Brokers look set to benefit from the widely-anticipated upswing in first home buyer activity according to the results... READ MORE
Weak services sector highlights case for further rate cuts
by Staff Reporter • 6 Jan 2009
Persistently weak demand has seen the services sector report a ninth monthly decline in activity, according to the... READ MORE
Australia well placed for hard year ahead: Swan
by Staff Reporter • 6 Jan 2009
While business executives are preparing for the worst in 2009, treasurer Wayne Swan has urged Australians to remember... READ MORE
Business confidence grinds to new low
by Staff Reporter • 6 Jan 2009
Australian business confidence has fallen to levels not seen since the country’s recession in the early 1990s,... READ MORE
Conveyancers hit hard by property market slow down
by Staff Reporter • 5 Jan 2009
Broker referral partners are feeling the brunt of a slower housing market and an overall weaker economy with the... READ MORE
Further credit rationing to come: UK lenders
by Staff Reporter • 5 Jan 2009
British lenders tightened lending further in the last quarter of 2008, a survey released on Friday has... READ MORE
Job vacancy decline eases in December
by Staff Reporter • 5 Jan 2009
The decline in job vacancies stabilised at the end of 2008, a possible indication that employment prospects may not be... READ MORE
Personal bankruptcies up
by Staff Reporter • 5 Jan 2009
National personal bankruptcies stabilised in 2008 despite the international economic crisis and financial pressures... READ MORE
Failed IndyMac to be sold
by Staff Reporter • 5 Jan 2009
IndyMac Bank – one of the biggest banking collapses in history – has secured new ownership from a team of... READ MORE
US home values continue downward slide
by Staff Reporter • 2 Jan 2009
House prices in the US dropped by 2.2 per cent from September to October 2008, the Standard & Poor’s/... READ MORE
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