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Australian News
There is no housing bubble in Australia
Former federal treasurer Peter Costello has backed Treasurer Joe Hockey’s assertion there is no housing bubble in Australia, as supply is not meeting demand. News source:Financial Review 17 Sep 2014 picture source: http://blog.xui...
New loans begin to accelerate
The country's biggest credit union, CUA, has reported new loans growing by 16.7 per cent to $309 million and its loan book rising 4.9 per cent to $9 billion. He said CUA had achieved record loan growth, but he said they had held net interest margins – the dif...
Gold, and more, in Victorian hills way out west
HERALD SUN SEPTEMBER 11, 2014 12:00AM VICTORIA’S promise as a copper mining province has taken a big step forward with Stavely Minerals turning up some intriguing drilling results. It wasn’t Stavely’s much hyped Thursday’s Gossan project that produced ...
Best countries to be born in for 2014
Our sense of nationalism makes us think that, wherever it was we were born, that place is “the best”. Of course, statistically, only one place can be the best. We can let our emotions color our judgment of a place, even if we’ve never been anywhere else. It is thi...
Li Ka-shing eyes property market in Australia
THE richest man in Asia, Hong Kong-based business magnate Li Ka-shing, is intent on gaining a foothold in the Australian property market. Mr Li’s Singapore-listed company ARA Asset Management is running the ruler over local sites as it looks to deploy capital into Southeast A...