Published on December 16, 2010 by Technology Slice
Overvalued House Prices to Stay – House prices could be overvalued by as much as 10 per cent, but strong population growth and rising income will continue to underpin the market, an international report says. A staff analysis by the International Monetary Fund (IMF) has found a link between episodes when Australia has a strong [...]
Tags: Commodity Prices, Crisis Levels, Federal Government, First Time Home, First Time Home Buyer, Global Financial Crisis, house prices, Housing Affordability, Insufficient Supply, International Monetary Fund, International Monetary Fund Imf, Mortgage Rates, Population Growth In Australia, Rebound, Relative Performance, Staff Analysis, Subsidy, Time Home Buyer, Trade Population, Wealth Effect
Posted in General
Published on June 10, 2010 by Technology Slice
Australian Banks Could Handle Bigger GFC – Undertaken by the Australian Prudential Regulation Authority in conjunction with the Reserve Bank of Australia and the Reserve Bank of New Zealand, the test was based on a severe, three-year economic downturn in Australia worse than that of the early 1990s, The Australian reported.
Tags: Australian Banks, Australian Prudential Regulation Authority, Bank Of Australia, Bank Of New Zealand, Banking Sector, Commodity Prices, Economic Downturn, Financial Position, Global Banks, house prices, Laker, Plausible Scenario, Prudential Regulation, Reserve Bank Of Australia, Reserve Bank Of New Zealand, Shrinkage, Stress Test, Stress Testing, Supervisory Activities, Tier One
Posted in Money
Published on May 7, 2010 by Technology Slice
Faster Growth And Price Hikes – The Reserve Bank forecasts the national economy to grow at a faster than expected pace over the next two years, with prices also expected to rise faster than previous estimates. The bank says the reduced fiscal stimulus, a possible surge in commodity prices and a construction boom could accelerate [...]
Tags: Commodity Prices, Construction Boom, Estimates, Fiscal Stimulus, Gdp, Gdp Growth, Gross Domestic Product, Index Cpi, Inflation Forecasts, Monetary Policy, National Economy, Pace, Price Hikes, Price Index, Quarterly Statement
Posted in Money
Published on March 24, 2010 by Technology Slice
Big Banks Holding Back On Business Loans – Banks’ fear of taking on excessive risk following the financial crisis may hinder Australian’s recovery, according to analysis from St George Bank. St. George chief economist Justin Smirk said the major banks have changed lending behaviour, limiting the volume of loans going to the business sector in [...]
Tags: Access Economics, Australian Economy, Business Loans, Business Sector, Chief Economist, Commodity Prices, Construction Industry, Downturn, Excessive Risk, Financial Crisis, Funding Constraints, Global Financial Turmoil, Global Slowdown, Medium Sized Businesses, Outlays, Private Investment, Rebound, Shrapnel, St George Bank, Stimulus
Posted in Money
Published on March 15, 2010 by Technology Slice
China Warns Double Dip Recession – China’s Premier, Wen Jiaboa, has warned that the world risks sliding back into recession and says his country faces a difficult year trying to maintain economic growth and spur development. Mr Wen said yesterday China would not give in to foreign pressure to raise the value of its currency [...]
Tags: Chinese Economy, Commodity Prices, Crises, Development Model, Double Dip Recession, Economic Growth, economic recovery, Exchange Rates, Global Economic Crisis, Hour News, Inflation, News Conference, Parliamentary Session, Policy Choices, Ponders, Setback, Short Time, Stimulus, unemployment rate, Wen Jiaboa
Posted in Money
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