Rudd eases burden for mortgage holders
Prime Minister Kevin Rudd is set to ease the burden for households hit by the financial crisis, by providing help with their mortgages.
Prime Minister Kevin Rudd is set to ease the burden for households hit by the financial crisis, by providing help with their mortgages.
Jessica Stanic
Author
April 27, 2009
April 27, 2009
Dell Australia’s latest SMB survey has found that the majority of small and medium businesses are turning to online for information and advice on technologies that would benefit their business and improve efficiencies. The survey of 203 Dell Australia small and medium business customers found that 52 percent of respondents find reading about IT in […]
Jessica Stanic
Author
April 24, 2009
April 24, 2009
After heavy criticism of the Rudd Government’s handling of the economic crisis, the Federal Opposition have announced their own plan for economic recovery. In an interview with David Koch on morning program Sunrise, Malcolm Turnbull criticised the Rudd Government’s stimulus package, labelling the $900 payments as “cash splashes” and that the Government has not done […]
Jessica Stanic
Author
April 24, 2009
April 24, 2009
Following on from a bleak report from the IMF about the state of the Australian economy, Treasuer Wayne Swan said he can’t guarantee the jobless rate won’t hit double digits. Currently sitting at 5.7 percent, the unemployment rate is expected to soar as the recession hits, with the IMF predicting the unemployment rate will reach […]
Jessica Stanic
Author
April 24, 2009
April 24, 2009
A new report conducted by the Green Building Council of Australia (GBCA) has confirmed that green building can help to boost the Australia economy by creating close to 10,000 new jobs in the construction industry. The report, Retrogreening Offices in Australia, released by Davis Langdon, has estimated that refurbishing significant quantities of office stock in […]
Jessica Stanic
Author
April 24, 2009
April 24, 2009
The IMF have predicted a gloomy future for the Australian economy, but the RBA remain optimistic, with Governor Glenn Stevens believing we are better positioned to ride out the economic storm than most countries. According to Chris Richardson, director of Access Economics, Mr Stevens optimism is a more accurate representation of Australia’s resilience. While he […]
Jessica Stanic
Author
April 24, 2009
April 24, 2009
The International Monetary Fund (IMF) says cash bonus payments are not the best way to stimulate the economy. The IMF’s comments come after many countries including Australia, the US and China have implemented their own stimulus packages to in order to help boost the economy. The Australian Federal Government has just spent $21 million on […]
Jessica Stanic
Author
April 24, 2009
April 24, 2009
Participants of last year’s G20 summit have been left cold by the Government’s response to the 962 ideas generated, deciding to only implement nine of the ideas. More than 1,000 Australians gathered in Canberra last year to be part of the Australian 2020 Summit, designed to shape the future of Australia and explore new ways […]
Jessica Stanic
Author
April 23, 2009
April 23, 2009
It seems consumers are turning away from credit cards in the financial crisis and using debit cards to pay for purchases to avoid going into debt, MasterCard Australia says. MasterCard Australia executive vice-president, Australasia, Eddie Grobler said they have noticed a change in credit behaviour, with many users now turning to debit cards as the […]
Jessica Stanic
Author
April 23, 2009
April 23, 2009
China’s economy is on the road to recovery, according to China’s central bank. Yi Gang, vice governor of the People’s Bank of China said the stimulus package had kicked in and the nation’s economy is showing signs of improvement. “The second quarter and the remainder of this year will continue this recovery trend,” he said. […]
Jessica Stanic
Author
April 23, 2009
April 23, 2009