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| | | Victoria Teachers Credit Union is relatively immune to the credit crisis, in the enviable position of holding a deposit book a fifth bigger than its lending book. Net profit increased 26 per cent from $7.9 million to $9.9 million during financial year ... |
| | | | The bear run of the residential property market is at an end, marked by the surprise slashing of interest rates by the RBA this week, claims RP Data. According to national RP Data property research director Tim Lawless, the residential market has now ... |
| | | | LandMark White Invest today unveilled the LMWI Diversified Property Fund - a debut offering that executes a low gearing, minimal risk approach to property investing. LMW Invest, a spin off from property valuation firm LandMark White group, secured the ... |
| | | | The current financial market turmoil indicates that one central bank working alone, even if it is the mighty Fed, is unable to contain the panic and restore confidence in the financial system. Locally, the RBA has led the way - but again, this is a ... |
| | | | The Australian share market has received a negative lead from Wall Street after stocks dropped for a fifth day as investors shrugged off signs the US Federal Reserve will cut interest rates and focused concern on financial companies' balance sheets. ... |
| | | | Another 18 products have been taken off Standard & Poor's 'On Hold' list after reassuring the ratings house that its "business as usual" despite ASIC's ban on short selling. The 18 funds, which include heavyweights such as the BT Global Return Fund ... |
| | | | The Australian stock market remained in positive territory at noon, led by strong gains in resources and a recovery in the financial sector. At 1200 AEST, the benchmark S&P/ASX200 was up 142 points, or 3.09 per cent, at 4742.5, while the broader All ... |
| | | | This morning's bail-out failure does not impact AIG, whose funding has already been approved and put in place. Congress this morning rejected the bail-out legislation 228 votes to 205 after two-thirds of Republican legislators dismissed the bill's pre-conditions ... |
| | | | Financial markets' attention remains glued to the developing negotiations with regard to the proposed US$700 billion Treasury Asset Relief Program. Equity markets closed higher overnight following reports that the US Congress is close to approving the ... |
| | | | The Australian stock market was more than four per cent higher at noon after gains for the financial and resources sector following positive news from Wall Street and stronger metal prices. At 1215 AEST, the benchmark S&P/ASX200 was 196.5 points, or ... |
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