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Showing 111 - 118 of 118 results for "InDebted"

Debt climbs, home values fall

SUZY MAC  |  MONDAY, 27 AUG 2007
Scores of US government officials along with housing executives vowed it could never happen, nonetheless, the national median price of American homes is expected to fall for the first time since statistics began in 1950. Economists forecast the decline ...

Banks to brace for bumpier ride: Fitch

... He added, "The effect of three 25 basis points interest rate increases in May, August and November last year on highly indebted households is likely to have been a significant driver of this increase." The report also pointed out the rise in arrears ...

Daily economic update

... high of 1.02 per cent while adjustable rate mortgages (ARMS) are at a record delinquency rate of 1.06 per cent. A highly indebted consumer, coupled with the slowdown in housing, could drag US economic growth down. Business confidence in France fell to ...

Strength in RFIs

Standard and Poors has found regional financial institutions (RFIs) to possess improved resilience to deal with an economic downturn following the ratings agency's latest review. RSIs are comprised of the smaller rated regional banks and non-bank financial ...

Australian and New Zealand Banking Sector Stable: S&P Report

A Standard & Poor's report has stated that while the Australian and New Zealand banking sector is stable enough to survive any moderate economic or bank industry downturn, there are concerns about the ongoing good health of the sector. The report revealed ...

S&P predicts investment grade status for NBFI sector

WITH AAP  |  MONDAY, 8 SEP 2003
Standard & Poor's has said the financially strongest companies in the Australian non-bank financial institutions (NBFI) sector could potentially achieve investment grade status. However the sector remains dominated by a large number of non-investment-grade ...

Australians investing more directly in shares: ABS data

Investors pulled money out of Australian pension funds during the March quarter, according to data released today by the Australian Bureau of Statistics (ABS). The ABS said the net equity in reserves of pension funds, or funds invested by households ...

Moody's may downgrade ART following Westfield takeover offer

Moody's Investors Service is continuing its review - for possible downgrade - of the A1 long-term senior unsecured rating of AMP Shopping Centre Trust (ART). This follows the Westfield Trust announcement that it will make a counter takeover offer for ...