Author: Christopher Cachia

For the past two years bank chief executives have been explaining away the rising trend in bad and doubtful debt charges by saying rhe increases were off a low – abnormally low – base. The tone of the discussion changed yesterday when National Australia Bank’s chief...

This note looks at the slowdown now unfolding in China. The key points are as follows: - Chinese growth has already slowed significantly on the back of slowing exports and a property slump. Growth is likely to slow to 8% in 2009. - However, a hard landing (say...

TELSTRA'S main rival in the bidding process for the national broadband network says it remains committed to the project despite the withdrawal of one of its key members. Terria chairman Michael Egan said he regretted today's withdrawal of AAPT from the consortium of eight telecommunications companies,...

We are going through the worst financial crisis in our lifetime." - Prime Minister Kevin Rudd A week may be a long time in politics but it's proving to be an eternity on financial markets, as investors increasingly worry about runs on banks, global economic collapse and...

The Financial Planning Association (FPA) has moved to defend members after former Federal Treasurer Peter Costello suggested financial planners are to blame for superannuation investment losses. In an interview in The Australian, Mr Costello said people who believe they were pushed into large superannuation investments after...

KEVIN RUDD steeled Australians for the effects of the global financial meltdown but said the Government was working to "maintain positive growth". "Some of the options could be bringing forward major infrastructure projects or one-off measures to help small business set to suffer," the Prime Minister...

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