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Showing 51 - 60 of 111 results for "Petrol Price"

When good housing news is bad

ALEX DUNNIN  |  WEDNESDAY, 2 APR 2008
After months of share market swings, interest rate rises and petrol price jumps, news that house prices might climb 40 per cent over the next five years didn't quite get the reception you would have expected. Instead it just showed how bad the outlook ...

Interest rates - when economics meets politics

ALEX DUNNIN  |  TUESDAY, 5 FEB 2008
When politics meets the economics of fighting inflation, people have a habit of making big statements that can sound alarmist. Causing the jitters is that the Reserve Bank Board is meeting today and by 2.30 pm we'll know if they've decided to raise ...

Mortgage stress hits record levels

More than 100,000 households are at risk of defaulting on their mortgages or selling their property within the next six months following today's interest rate rise. Fujitsu Consulting has updated its Mortgage Stress-O-Meter, which monitors the ability ...

Scary markets II

SUZY MAC  |  FRIDAY, 26 OCT 2007
Offshore markets rolled over and played dead again overnight, scared silly by another petrol price spike, while the Aussie dollar continued to run on ahead. The Australian dollar rose to a fresh 23-year high of 0.9090, after opening in London at 0.9030 ...

Shut up and drive

SUZY MAC  |  MONDAY, 22 OCT 2007
Consumer demand has driven motor vehicle sales comfortably above the million mark, but while cars are cheaper consumers still feel that petrol prices are taking them for a ride. In spite of this, on the latest vehicle sales data, petrol guzzling SUV's ...

Money can't buy confidence

SUZY MAC  |  THURSDAY, 13 SEP 2007
Consumer confidence has bounced back, after an 8.1 per cent fall last month, to 14.3 per cent above last year's levels and 13.9 per cent above the 20-year average. The Westpac-Melbourne Institute (W-MI) Index of Consumer Sentiment rose by 4.2 per cent ...

Retirement gets more expensive: ASFA

CHRIS NICHOLLS  |  WEDNESDAY, 29 AUG 2007
The cost of maintaining a 'modest' standard of living in retirement has increased by 8.8 per cent in the last three years, and a comfortable retirement by 8.1 per cent, according to the latest Westpac ASFA Retirement Standard survey. The increases mean ...

A smoking gun for the RBA

SUZY MAC  |  THURSDAY, 26 JUL 2007
A pre-poll rate hike could be a shot across the bow of the coalition's election campaign love-boat, however a sooner rather than later approach to monetary tightening might make less of a splash. With second quarter headline inflation surging past the ...

NSW bankruptcies reach record highs

The latest quarterly figures from the Insolvency and Trustee Service Australia (ITSA) have shown record levels of bankruptcies in NSW with accountancy specialist Hall Chadwick warning "more bumps" are ahead. Compared to an already high 1,900 bankruptcies ...

Daily economic round-up

ALFRED SINN  |  WEDNESDAY, 11 OCT 2006
Financial markets across the world have held up reasonably well despite North Korea's nuclear tests that sent shockwaves across global financial markets on Monday. Most markets recovered by Tuesday and the US Dow Jones Industrial Index reached its record ...