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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Published on May 3, 2010 by Technology Slice
Housing Market Set To Crash – Edward Chancellor, of US investment bank GMO, says the Australian economy is yet to emerge from the global financial crisis, despite the widespread belief it has escaped the worst of it ahead of the rest of the world. Mr Chancellor, whose Crunch Time for Credit? was published in 2005, [...]
Tags: Australian Commodities, Australian Economy, Average Income, Banking System, Chinese Demand, Crunch Time, Edward Chancellor, First Home Buyers, Global Financial Crisis, house prices, Housing Market, Investment Bank, Iron Ore, Liquefied Natural Gas, Lucky Country, Mortgage Repayments, Mr Chancellor, Negative News, Rising Interest Rates, Sheer Weight
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