Published on August 1, 2010 by Technology Slice
Melbourne House Prices Fall After Months Of Gains – One of the nation’s most comprehensive property price-tracking indexes shows Melbourne property prices following a national downturn in June. The latest RP Data-Rismark property index has dwelling prices slipping in all Australian capitals with Perth, Melbourne, Canberra and Brisbane dropping the most.
Tags: Canberra, Capitals, Composition, Deceleration, Director Tim, Downturn, Favour, First Home Buyers, Home Values, house prices, Indexes, Melbourne House, Perth, Property Index, Property Trends, Quarterly Rate, Research Director, Rp Data, Slowdown, Welcome News
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 February 18, 2010 by Technology Slice
Qantas Back in Profit – Qantas Airways Ltd. said Thursday it returned to profit in the first half of its fiscal year but said it won’t pay a dividend given a challenging environment and as it plans a 400 million Australian dollars ($359 million) reconfiguration of its aircraft cabins. The return to profitability reflects quick [...]
Tags: A380 Aircraft, Airbus A380, Aircraft Cabins, Australian Dollars, Boeing 747s, Class Configuration, Class Passengers, Depreciation Costs, Downturn, Fuel Costs, Fundamental Shift, Global Air Travel, Global Aviation, Low Cost Carrier, Premium Economy, Qantas Airways, Qantas Airways Ltd, Reconfiguration, Record Profit, Service Business
Posted in Money
Published on February 12, 2010 by Technology Slice
TREASURY boss Ken Henry has declared the global financial crisis is over as Australia’s unemployment rate fell to an 11-month low. Australian Bureau of Statistics figures showed business was booming nationally and employing both full-time and part-time workers, with Australia’s jobless figure falling to 5.3 per cent from 5.5 per cent. The decrease came as [...]
Tags: Australian Bureau Of Statistics, Bailout Package, Boss, Bureau Of Statistics, Capacity Constraints, Downturn, Dr Henry, Fears, Financial Markets, Full Time, Global Financial Crisis, Job Losses, Jobless Rate, Ken Henry, Part Time, Percentage Point, Shocks, Time Workers, Treasury, unemployment rate
Posted in Money
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