News
Rates to hit 5.75 per cent in a year
06/11/2010 11:05
THE Reserve Bank has strengthened market expectations of another three or four official rate hikes in the next year due to the mining boom.
The release of its quarterly monetary policy statement sent the Aussie dollar back towards a 28-year high of US101.75¢ hit early yesterday morning. It also...
Dedicated little guys can give bankers a run for their money
06/11/2010 10:07
IAN VERRENDER
October 6, 2010
AUSSIE John Symonds, where are you?
The man whose ''we'll save you'' catch-cry resonated through the community for most of the past decade has been strangely silent of late as the community furore over bank charges and interest rate gouging has reached...
Aussie firms suffer set-back as payment terms rise
06/11/2010 10:01
Australian firms have suffered a set back on the path to recovery, with business-to-business payment terms deteriorating compared to the previous year. Australian firms took 53.2 days to settle their accounts during the September quarter, a result which represents a deterioration of 1.1 days...