RBA Stepped In To Stop Property Slump

Published on November 23, 2010 by Technology Slice

RBA Stepped In To Stop Property Slump – The Reserve Bank deliberately intervened in the political debate over the property boom to stop governments releasing more land. The bank feared the release of land would cause traffic gridlock, environmental problems and potentially a US-style housing slump, The Australian reports. The move, detailed by a senior [...]

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Posted in Money

RBA States There Is No Housing Bubble

Published on May 19, 2010 by Technology Slice

RBA States There Is No Housing Bubble – The Reserve Bank has warned lenders and borrowers to be prudent while giving an assurance that Australia does not have a speculative housing bubble on its hands. Fears of a property bubble emerged after the Australian Bureau of Statistics house price index rose 20 per cent in [...]

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Posted in Money

Europe to Save Greece

Published on February 12, 2010 by Technology Slice

European leaders said they wouldn’t let Greece succumb to its credit crisis, in an unprecedented pledge of support that could push the 16 countries that share the euro currency closer to collective responsibility for their budgets and debts. Countries belonging to the euro “will take determined and coordinated action, if needed, to safeguard financial stability [...]

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How Can I Tell If My Bank is Financially Stable?

Published on January 30, 2010 by Technology Slice

In the current economic environment many customers in North America are, for the first time every, questioning the financial stability of the banks that they deal with for corporate and personal matters. It is exceedingly difficult for a non-financial person to understand the true financial picture of their bank – but we will attempt to provide some basic analysis that will allow one to get a sense of potential problems and areas in which they might wish to pursue further with others. It goes for any firm, bank or non-bank, that if there has…

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