RAMS Chief Executive Officer, Melos Sulicich, today announced the appointment of Mr Clive Kirkpatrick to the position of Head of Broker, effective early January 2009.
Mr Kirkpatrick joins RAMS following a distinguished banking and finance career built over 25 years in Australia and overseas.
Mr Kirkpatrick is currently working at BankWest’s Financial Planning, Retail division and previously […]

Australian households are likely to be waiting at least a few months for further cuts to their mortgage repayments.
But even if there’s no more immediate relief from the burden of their home loans, homeowners can look forward to a quicker-than-expected drop in the inflation rate, due mostly to falling petrol prices.
After cutting the official cash […]

The Reserve Bank of Australia (RBA) appears unlikely to spring an out of form board meeting in January next year, leaving it on track for its usual February gathering to consider any further action on monetary policy.
The minutes from the central bank’s December 2 board meeting held in Melbourne show its members considered a 100 […]

Not all economists would punt on Australia falling into recession but betting agency Centrebet is offering good odds on the economy bottoming out.
The bookmaker has Australia a $1.12 favourite to fall into recession in the next 12 months, and $5.50 if it is avoided.
Centrebet’s media chief Neil Evans said the effects of the production meltdown […]

If we’re supposed to be in a crisis, why isn’t anyone panicking?
Perhaps Australians are born optimists, and phlegmatic by nature.
Perhaps we have every confidence in those steering our ship through the stormiest economic waters for a generation.
Maybe it’s because so many Aussies are loaded up with pre-Christmas hand-outs from Kevin Rudd’s $10.4 billion economic stimulus […]