This was no longer just a financial crisis; it had become a full-blown economic crisis, with home prices sinking. And a weakened financial system weakened the broader economy, which in turn further.
Fannie Mae revises economic forecast downward for next two years Housing remains positive as uncertainty holds down rates: Fannie Mae Fannie Mae increased its mortgage origination forecast as lower interest rates, driven by economic uncertainty, will lead to more refinance activity, but other factors will continue to hold back home purchases.
This commentary, which is in part based on economic concepts such as Purchasing Power Parity (or PPP), has led many Australians to come to the belief that the appropriate gauge to measure the relative strength of the Australian dollar is by comparing the dollar against other government issued fiat currencies such as the US dollar, the British Pound, the Euro or the Japanese Yen.
The structure of employment has changed radically in recent years, with a decline in full-time permanent work, the expansion of various kinds of non-standard forms of employment, such as casual.
Australia has become a refuge for a new endangered species: the high-flying banker. Bankers facing lay-offs in Europe and the United States are looking increasingly at Australia’s drum-tight.
Cyclone Ada. Severe Tropical Cyclone Ada was a small but intense tropical cyclone that severely impacted the Whitsunday Region of Queensland, Australia, in January 1970. It has been described as a defining event in the history of the Whitsunday Islands, and was the most damaging storm in the mainland town of Proserpine’s history at the time.
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relatively unscathed. The remarkable performance of the local economy during the GFC is often attributed to the role of the mining sector in boosting national income, countering the effects of the global downturn. Senior investment strategist However, perhaps more important was the resilience of the local housing market. Chart 1 shows that
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Janice Besch is the Director of the NHMRC National Institute for Dementia Research. The NHMRC National Institute for Dementia Research (The Dementia Institute) is a key element of the Australian Government’s $200 million initiative to boost dementia research and collaborates with Australia’s best researchers while also drawing on the expertise of consumers, health professionals, industry.
Como is a suburb in southern Sydney, located on the southern banks of the Georges River, in the state of New South Wales, Australia.It is located 27 kilometres (17 mi) south of the Sydney central business district in the local government area of the Sutherland Shire.The postcode is 2226, which it shares with neighbouring suburbs jannali, Bonnet Bay and Como West.