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
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Published on December 16, 2010 by Technology Slice
NAB CEO Blasts Critics – National Australia Bank chairman Michael Chaney has lashed out at much of the criticism levelled at the banking industry on mortgage rates, calling it “unjustified and unfair”. The former Wesfarmers boss has sought to defend the sector from “bank bashing” saying many of the arguments about a lack of competition [...]
Tags: Annual Shareholders Meeting, Australian Banks, Bank Regulators, Banking Industry, Blasts Critics, Boss, Ceo, Chairman Michael, Global Financial Crisis, Michael Chaney, Mortgage Rates, nab, National Australia Bank, Profits Tax, Public Criticism, Senate Inquiry, Swan, Treasurer Wayne, Wayne Swan, Wesfarmers
Posted in Money
Published on December 4, 2010 by Technology Slice
Australian Divorce Rate Spikes – The number of divorces granted in Australia rose for the first time in almost a decade as some experts suggest the increase could be linked to growing money worries. The number of divorces rose to 49,448 in 2009, an increase of five per cent, or 2239, on the total in [...]
Tags: Abs Figures, Australian Bureau Of Statistics, Bureau Of Statistics, Decade, Divorce Rate, Divorces, Financial Stress, Gfc, Global Financial Crisis, Group Relationships, Last Time, Marriage, Marriage Breakdown, Money Work, Population Growth, Profit Support Group, Relationships Australia, Spikes, Spokeswoman, Stresses
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Published on October 20, 2010 by Technology Slice
Right now there are massive riots hapenning in France over laws to extend the retirement age for it’s citizens. Police and rioters fired tear gas and petrol bombs at each other as there were fuel shortages due to strikes also protesting the laws. The rioters may be wrong in the way they are expressing their [...]
Tags: anger, break, Ceo, Citizens, Europe, Fat Cats, Fuel Shortages, Global Financial Crisis, Government Spending, Governments, Petrol Bombs, Pockets, Principle, Retirement Age, Rioters, Riots In France, Riots In Greece, Strikes, tear gas, violence
Posted in Money
Published on October 15, 2010 by Technology Slice
Commonwealth Bank boss Ralph Norris has talked about the funding “pressures” the bank is facing and how they will be forced to raise rates above and beyond the Reserve Bank of Australia. This comes on the back of a decision by the reserve bank to keep interest rates as they are. Other banks have not [...]
Tags: Australian Economy, australians, Balance Sheets, Bank Of Australia, Banks In Australia, Boss, Commonwealth Bank, Consumers, Dollar Bonuses, Global Financial Crisis, Independent, interest rates, joke, Massive Lawsuit, Participants, Ralph Norris, Reserve Bank Of Australia, Small Business
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