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Stockland says housing conditions the weakest it's seen for 20 years

Source: The Age, Aug 8 2012, 12:03pm CDT

DESPITE protestations by the Reserve Bank governor about the affordability of the Australian housing market, the country's biggest housing developer said yesterday that conditions were the weakest it had experienced for 20 years. ...

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10

1 hour ago

Vietnamese inflation lowest in eight months

Source: Straits Times  |   May 24 2013, 12:25am CDT

HANOI (AFP) - Vietnamese inflation slowed to its weakest pace in eight months in May, official data showed Friday, in the latest sign that the communist-run economy is cooling. Consumer prices rose 6.36 per cent year-on-year in May, the G ...

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Update
9

9 hours ago

News Flash: Greenpoint/Williamsburg Desperately Need Affordable Housing

Source: Gothamist  |   May 23 2013, 4:24pm CDT

Dozens of longtime residents gathered along Kent Avenue in Williamsburg on Wednesday to protest the Bloomberg administration's seemingly empty promises regarding affordable housing in Brooklyn's increasingly hip—and therefore, ...

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8

41 weeks ago


Quote:
"The 2013 financial year EPS (earnings per security) is likely to be lower than in the year to June 30, 2012."


Source: The Age

 

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Update
7

10 hours ago

ABS says March the best month for home loans

Source: Toowoomba Chronicle  |   May 23 2013, 3:15pm CDT

THE latest housing finance data from the Australian Bureau of Statistics has shown March had the highest monthly uptake of home loans since November 2009, says leading mortgage broker Loan Market. Loan Market spokesperson Paul Smith said th ...

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Update
6

11 hours ago

Tech Startups Force Small Banks to Consider Online Lending

Source: American Banker  |   May 23 2013, 1:54pm CDT

'Community banks are very well capitalized. They've got a lot of deposits and they understand that small-business lending is profitable,' Brock Blake says. A wave of tech startups are pursuing small-business lending. Aite Group, a Boston consulting f ...

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Update
5

12 hours ago

Russell Mokhiber: A Dream Foreclosed

Source: The Huffington Post  |   May 23 2013, 1:28pm CDT

How different are the big Wall Street banks circa 2008 from the loan sharks of the 1970s? Not very. Laura Gottesdiener has written a remarkable book that hits hard against the big Wall Street banks. It's called A Dream Forec ...

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Update
4

14 hours ago

Dollar dives as stocks lose $32bn

Source: The Australian  |   May 23 2013, 10:56am CDT

A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annua ...

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3

17 hours ago

UPDATE 1-Mexico annual inflation rises more than expected in early May

Source: Reuters Mobile  |   May 23 2013, 8:39am CDT

* Above central bank 4 percent limit for third month in a row MEXICO CITY, May 23 (Reuters) - Mexico's annual inflation rate rose more than expected in early May, holding well above the central bank's limit and hemming in pol ...

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Update
2

18 hours ago

The government’s drive to cut immigration risks splitting up families

Source: Left Foot Forward  |   May 23 2013, 6:55am CDT

In two weeks time the daughter of one of my friends will get married. This happy occasion will be marred by the fact that soon after the wedding her new husband may have to leave the UK. Despite his high earning potential, new rules about family mig ...

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Update
1

19 hours ago

Calgary listed as one of the more affordable housing markets in Canada

Source: Calgary Herald  |   May 23 2013, 6:16am CDT

CALGARY — Calgary’s housing market renaissance has not been a steady process as the overall improving trend in resale activity was inconsistent last year, says a report released today by RBC Economics Research. But the city remains one of the more afford ...

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