Economy

News and updates on the Australian economy and world markets that impact on the Australian economy.

BANKS CAN CUT RATES IN APRIL

 Mortgage One - Sunday, April 01, 2012

The big four banks are capable of cutting interest rates on loans in April while protecting their profits thanks to lower funding costs.  Read more

A Red Day on the Markets......Here We Go Again

 Danny Masri - Monday, August 08, 2011

It looks like August 2007 all over again as financial markets tumble and panic and fear dominates investors’ decision making. The ASX has fallen 13% over the past fortnight wiping almost 200 billion off the exchange.  Read more