Rismark Home Value Index Release Read more
Economy
News and updates on the Australian economy and world markets that impact on the Australian economy.
Soft April home values and expectations of lower interest rates point to a further improvement in housing affordability
The Volatility of the Australian Dollar - BORIS SCHLOSSBERG, DIRECTOR OF GLOBAL RESEARCH & ANALYSIS, GFT
The Aussie dollar was rising against the US dollar, riding high on commodities, but with global equity markets in retreat we are seeing the dollar fall back below parity. The Aussie dollar has always had a strong correlation to the rise and fall of global markets. Read more
Standard & Poors Downgrade Italy's Credit Rating
It never ends; debt concerns flared up again as Europe's third biggest economy, Italy, became the latest credit ratings target. Standard & Poor’s downgraded the Mediterranean nation, one notch from AA to A triggering the predictable sell-off on most markets and it was shades of 2008 amid signs of growing mistrust of Europe's banks.
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