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Keep updated on the latest finance and property news in Australia |
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Opposition to launch inquiry into small business lendingDec 17, 2009
Opposition Leader Tony Abbott and the Coalition's small business spokesman Bruce Billson are campaigning for a Senate inquiry into bank lending practices towards small businesses. The purpose of the inquiry, if it goes ahead, is to examine the...
Rate hikes 'hard to justify': RBADec 16, 2009
The Reserve Bank of Australia has challenged bank rate hikes by pointing out that profits from lending have returned to pre-crisis levels.
According to the Sydney Morning Herald (SMH), RBA governor Ric Battellino stated that the difference between...
Sydney and Melbourne lead property recoveryDec 13, 2009
Property owners will continue to see their investment grow in the new year, with house prices already exceeding pre-global financial crisis levels nationally by nearly 3%, and growth is expected to continue well into 2010, according to Australian...
Still time to grab a bargain for property in AustraliaDec 13, 2009
For property owner occupiers or investors looking to enter the market, there are still affordable options available nation-wide especially in Brisbane and Perth. Queensland and Western Australia’s increased exposure to the downturns in both the...
Fourth rate rise due in FebruaryDec 10, 2009
The chances of another rise in official interest rates soared yesterday with the release of the latest employment statistics showing a drop in the numbers of people looking for work.
Most economists were expecting the jobless rate to rise again but...
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