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Housing Prices Under Pressure
The House price indexes from the Australian Bureau of Statistics for the March quarter this week showed a 1.1% rise, to take the rise for the year to March to nearly 14%.
Read MoreBush Bouncing Back
A return to making money is in store for many Australian farmers this year after two indifferent years; but it still depends on the winter and spring rains happening according to plan.
Read MoreIAG Downgraded
Insurance Australia Group is still rejecting the $8.0 billion proposed takeover "offer" from QBE Insurance, despite being downgraded by Standard & Poor’s.
Read MoreQBE Goes Again
QBE Insurance kept the market wondering Monday, and then extended its suggested offer for the proposed takeover of Insurance Australia Group by another two weeks.
Read MoreMarkets: Microsoft Walks
A solid finish in the US on Friday night as slightly better than expected jobs figures, manufacturing data and a rise in the US dollar combined to push markets higher.
Read MoreCommodities Mixed To Uncertain
Confusing times for commodities.
Read MoreOil To Fall, Oil To Rise
Just a normal week for oil prices.
Read MoreUS Economy Still Struggling
In the US it seems the Federal Reserve is concentrating on calming the markets and not really worried about an assessment of the crisis and progress to ease the strain. Certainly more politicians and bankers are calling the crisis ‘nearly over’: the latest being US Treasurer Secretary Hank Paulson.
Read MoreOrigin-API
Shares in Australia’s second biggest energy retailer, Origin Energy jumped by almost 40% yesterday after it said it had received a $13 billion takeover offer from British gas company, BG Group.
Read More