The US Government has seized control of mortgage finance companies Freddie Mac and Fannie May in a desperate bid to prevent global financial…
The US Government has seized control of mortgage finance companies Freddie Mac and Fannie May in a desperate bid to prevent global financial…
Exactly 10 years to the month after the fiasco of hedge fund Long-Term Capital Management, the moral hazard chickens are roosting. LTCM was …
This morning’s big reversal on Wall Street is merely the latest phase of the credit crunch moving to the real economy, and unfortunately t…
Australia’s housing market continued to struggle during July, with new data from the Australian Bureau of Statistics revealing the total n…
The likelihood that the Reserve Bank of Australia will decide to cut the official cash rate next week has lifted with the release of data sh…
Construction data released this morning has underlined the need for the RBA to cut interest rates to help support the rapidly slowing econom…
The Commonwealth Bank could be set to buy up to 40% of John Symond’s Aussie Home Loans, in a sign that banks are now looking for bargains …
Business conditions have tumbled to record low levels, but the increasing likelihood of a rate cut in coming months should provide some ligh…
The dramatic shifts on currency markets over the past few weeks have decisively signalled the end of one chapter in the story that began on …
The Reserve Bank of Australia’s quarterly statement on monetary policy (SoMP) has confirmed the best and worst of Australia’s economic o…
Despite widespread predictions of a cut in interest rates in the first week of September, property buyers are jittery about re-entering the …
The good economic news keeps coming this week. Two days after the RBA signalled interest rates were on the way down, probably as early as Se…
