Business confidence has slumped to its lowest level on record, fuelling speculation the Reserve Bank will continue to take a hatchet to its cash rate in the coming months.
The RBA has sliced 200 basis points off the cash rate in the past three months, taking it to 5.25 per cent.
But economists are predicting rates could […]

Business confidence has slumped to a record low and fear now “reigns supreme” as firms worry about the prospect of a global economic meltdown, a survey shows.
National Australia Bank’s (NAB) latest poll of 400-non-farm firms found confidence fell by an unprecedented 21 index points in October to minus-29 points.
It was the weakest reading since the […]

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You may have noticed that we’ve implemented a new feature on our site that allows you to interact more than ever with all the best social media sites […]

Almost 60 per cent of Australians have concerns or doubts about the quality of service from their finance provider, a survey has found.
An online poll conducted by leading mortgage broker Loan Market Group, which includes X Inc Finance, found 38.75 per cent of those surveyed thought their lender did a poor job while 18.75 per […]

The Reserve Bank of Australia (RBA) is set cut interest rates further as sluggish global growth threatens to push the domestic economy into recession, economists say.
Central bank policy makers expect inflation to peak by the end of 2008, but a weaker Australian dollar is tipped to delay the moderation in price pressures.
The RBA said today […]