Global Financial Crisis

Global Financial Crisis II: maybe it's not coming to an economy near you after all

Twists and turns Malcolm Maiden Wall Street shares have risen by between 7 per cent and 10 per cent in five trading days, depending on which share index you follow. Europe's main market index is up 8.5 per cent in the same time.

New global financial crisis alert

Fears of another meltdown Peter Martin The task of avoiding another global financial crisis is 'enormous', a global banking organisation has warned.

Global financial crisis not over yet, just delayed

Is GFC, Round II, on its way? Ian Verrender My, my. Was it just last week that the Treasurer stood before the nation declaring that our deficit would be reined in within three years, a neat three years earlier than originally estimated, as the...

A long time coming, but still a crisis of Europe's own making

Ric Battellino Balancing the budget is a fiscal concept that clearly has eluded the euro zone.

Kelly warning on rates

westpac Eric Johnston Westpac may not pass on future rate cuts, indicates possibilty of credit rationing.

Evans fires parting shot at jawboning politicians

evans2 Eric Johnston Government must give banks 'the flexibility needed to adapt to a changing world'.

Westpac warns rate cuts may not be passed on

Eric Johnston THE Westpac chief executive, Gail Kelly, has given the strongest indication yet that the bank may not be able to pass on any future interest rate cuts in full while Europe's economic turmoil...

Insider trader escapes jail term for propping up mother's super

Justin O'Brien Leonie Lamont IN JANUARY, Justin Hugh O'Brien had a wife, a baby, a house, a respected position with Computershare subsidiary Georgeson - and a guilty secret that he'd made $54,000 in insider trading trying to...

Westpac's Evans defends banks to the last

Ted Evans. Eric Johnston As a one-time top Treasury official Ted Evans has given advice to Prime Ministers but as a banker, he has saved the strongest words for last.

Cabinet reshuffle could not be worse timing for car industry on the brink

Kim Carr. Ian Porter Greg Combet needs to hit the ground running to save the car industry.

Consumers turn gloomy - despite rate cuts

Retail sales Chris Zappone Consumer sentiment collapsed in December even as the Reserve Bank cut rates to boost confidence in the economy.

No need for banks to pass the cut

banks Tony Webber Beyond the hysteria, the banks had reason not to pass on the RBA's latest rate cut.
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Future looks tough for residential builders hit by cash-flow problems

Adele Ferguson National Builders Group is the latest company to be issued with an ultimatum from its bank.

Plan to boost local bond market

Clancy Yeates Blue-chip companies would find it easier to sell 'IOUs' to retail investors under a new government plan.

Financiers win battle with the two Davids

Ben Butler A court has ordered Melbourne millionaires David Goldberger and David Wieland to personally pay millions.

Squeeze on cash flow hurting house builders

building construction builder Adele Ferguson Residential property builder National Builders Group is the latest company to be issued with an ultimatum from its bank: either refinance its loan with another bank or sell the business.
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Better offerings here could be win-win

... Eric Johnston For a sophisticated market, Australia has lagged other major centres when selling corporate bonds.

Housing market: what 2012 holds in store

housing Chris Zappone If 2011 was bad for the housing market, next year could be worse with a prediction of the first back-to-back drop since 1990-91
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Banks caught in a new credit crunch

Danny John In the end, it came down to a damage-limitation exercise, writes Danny John..

All at sea? Stay calm, keep still

... Lucy Battersby IT'S not often the politicians of Europe and the US are at the forefront of investment decisions, but doubt and despair about the teetering euro remain the elephant in the room for investors.

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