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House construction hits new high 5 February 2010 |
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| Housing construction hit a two year high in January, largely due to government stimulus, according to the Australian Industry Group Performance of Construction Index. The index rose 8.4 points to 57.7 in January, well above the 50 level separating expansion from contraction. The house building sub-index grew very strongly to 10.3 points to 63.7.AI Group director public policy, Peter Burn, said "In particular, house building activity has continued to expand with the flow through of first home buyer financed projects and the lagged impact of last year's historically low mortgage rates. There was also a positive tone in other areas of the industry with work on apartments, engineering and commercial building projects all moving back into growth territory."The Federal Government reduced the first home owners boosted grant for new homes from $21,000 to $14,000 on October 1, 2009, and lowered it back to $7,000 on January 1 2010. |
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| Source : Herald Sun |
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| 26 February 2010 | - New customers rush to open NAB account |
| | - Account fees come down |
| | - Customers turn on unpopular Westpac |
| | - Barbara from ‘A Bank’ working for ANZ |
| | - First Home Saver Accounts return 34% |
| | - We want more say Storm victims |
| | - Credit reports list bad behaviour |
| | - Do you have a red flagged credit file? |
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| 25 February 2010 | - Rate rise coming next week |
| | - Foreign investors push house prices up |
| | - Expect a pay rise in 2010 |
| | - Suncorp attracting term deposit money |
| | - ANZ and NAB battle for super dollars |
| | - ANZ growing mortgage marketshare |
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| 24 February 2010 | - Only some saving accounts raise rates |
| | - Term deposits are a great deal right now |
| | - Small biz welcomes NAB fee relief |
| | - Deposit guarantee to remain in place |
| | - CBA starts Storm payouts |
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| 23 February 2010 | - Affordable Melbourne gets less so |
| | - ANZ to unveil OneWealth |
| | - Cash Converters selling car loans |
| | - PayPal joins Facebook |
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| 22 February 2010 | - Deposit rates higher than mortgage rates |
| | - ANZ selling more mortgages |
| | - Housing debt is our achilles heel |
| | - Rate rises stressing first home buyers |
| | - Collectors profit from lost cash |
| | - Investors budget for low rental yields |
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| 19 February 2010 | - Economic good news means higher rates |
| | - Business, consumers still scared of debt |
| | - Westpac is so very over it |
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| 18 February 2010 | - RBA in no rush to raise rates again |
| | - ING cuts fixed rate mortgages |
| | - Westpac investors reap rewards of high rates |
| | - Don’t use birthdays for PIN numbers |
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| 17 February 2010 | - Profitable banks say rates may have to rise |
| | - Financial Crisis is over says Westpac |
| | - Stress rising for first home buyers |
| | - SMSF’s turn to term deposits |
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| 16 February 2010 | - Remit money to a Visa card |
| | - Low doc borrowers getting into trouble |
| | - Banks offer sharia finance for muslims |
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| 15 February 2010 | - Rate rises hurting Aussies |
| | - Good times ahead for investors |
| | - Aussies paying off the cards |
| | - Women get left with the debts |
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| 12 February 2010 | - RBA may wait and see on rates |
| | - CBA slashes deposit rates, keeps profits |
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| 11 February 2010 | - Even shareholders say banks are greedy |
| | - Have you checked your credit report? |
| | - Credit unions still great for deposits |
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| 10 February 2010 | - Rate rises good for Australia |
| | - Rate rises to combat housing price bubbles |
| | - CBA cards give more points per dollar |
| | - Sydney Eftpos gang hits Melbourne |
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| 09 February 2010 | - Banks will defy Swan and raise rates |
| | - Retail deposit guarantee to stay |
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| 08 February 2010 | - Save thousands by moving away from banks |
| | - Financial first aid available |
| | - Banks warned to limit rate rises |
| | - Aussies $10K richer in just 3 months |
| | - Travellers prefer pre-paid cards |
| | - Getting cash overseas is expensive |
| | - Auction results firing up again |
| | - Credit card rates rip-off |
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| 05 February 2010 | - RBA says more rate rises coming |
| | - Another inquiry into banking |
| | - Its true - bank costs are rising |
| | - Banks fight over cricket |
| | - Most Aussies did Xmas on the net |
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| 04 February 2010 | - New lenders undercut big banks |
| | - Three rate rises expected from divided RBA |
| | - ACCC keeping close eye on bank cartel |
| | - NAB to dominate wealth management |
| | - Lenders returning to mortgage market |
| | - Farmers reduce their debts |
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| 03 February 2010 | - Stevens says wait and see on rates |
| | - Rates are going up - slowly |
| | - RBA holds fire on rates |
| | - RBA worried about business credit |
| | - NAB still the cheapest of the big banks |
| | - Aussies ‘savings gap’ blows out $26K |
| | - Aussies choose good times over school |
| | - Westpac chief sets property record |
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| 02 February 2010 | - ING pays fees back to account holder |
| | - Its easy to save money |
| | - ANZ tops card survey |
| | - Students to get ANZ Visa cards |
| | - Bendigo gets tough on forestry investors |
| | - PM warns banks on rate rises |
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| 01 February 2010 | - Banks say they will limit rate rises |
| | - Aussies slam the brakes on borrowing |
| | - High deposit rates won’t last forever |
| | - Aussies plan to boost savings this year |
| | - Three card deals for 3 different people |
| | - Zero interest balance transfer can work |
| | - Zero interest balance transfers have traps |
| | - Aussie Post to set up a bank? |
| | - Aussie takes on the banks |
| | - NAB playing catch up to Westpac in mortgages |
| | - Bankwest leading the second tier in mortgages |
| | - CUA warns of scam emails |
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