Rate Hikes Squeezing Australian Purses

Published on November 23, 2010 by Technology Slice

Rate Hikes Squeezing Australian Purses – An online survey by mortgage broker Loan Market also found that almost two-thirds of respondents were re-assessing their spending due to higher mortgage repayments. Loan Market’s chief operating officer Dean Rushton says four official rate hikes by the Reserve Bank of Australia (RBA) in 2010 has had a major [...]

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Posted in Money

Australian Election To Be Held In August

Published on July 19, 2010 by Technology Slice

Australian Election To Be Held In August – Support for the ruling Labor party has rebounded since Gillard, Australia’s first female prime minister, was appointed three weeks ago. Seeking to take advantage of her lead and a robust economy creating jobs, she called an election on Saturday. But the poll is set to be tight [...]

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Posted in Politics

Spain’s New Labor Reforms

Published on June 17, 2010 by Technology Slice

Although the government does not yet have sufficient political backing to get the decree ratified by parliament on June 22, analysts say its passage — even if via abstention of enough parties — is practically assured because everyone understands its importance.

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Posted in World

5 Month High For Pending Home Sales

Published on May 5, 2010 by Technology Slice

5 Month High For Pending Home Sales – Analysts said the data on Tuesday suggested the economic recovery was gaining more muscle and was setting the tone for a strong second-quarter growth pace. The economy expanded at a 3.2 percent annual rate in the January-March period. “The second quarter is going to be stronger than [...]

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Posted in Money

Spain’s Credit Rating Downgraded

Published on April 29, 2010 by Technology Slice

Spain’s Credit Rating Downgraded – The crisis affecting the eurozone worsened yesterday when Spain’s credit rating was downgraded less than 24 hours after Greece was sent into financial meltdown. Fear of contagion gripped Europe’s financial markets when the debt rating agency Standard & Poor’s cut the rating on Spain’s sovereign bonds. The decision — coming [...]

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Posted in Money

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