Future Fund’s Murray flags 20 years of market volatility
The chairman of the $75 billion Future Fund, David Murray, had suggested finanical markets and economic conditions could be volatile for 20 years as a result of the turmoil in the US and Europe. future_fund_murray_flags_years_of
Agents await home truths
Janusz Hooker is “quietly confident” about the future of Australia’s struggling residential property market. The cheif executive of national real-estate chain LJ Hooker says the fundeamentals are in place to ensure a recovery in the mediumterm. Agents await home truths “The Weekend Australian Financial Review – July 16th & 17th 2011″
Interest rates now forecast to slide
Homeowners could get a reprieve from the soaring cost of living with interest rates predicted to fall before the end of the year as consumer confidence and spending falter. Westpac yesterday forecast a 1 per cent fall in interest rate before the end of next year, starting with a 25 basis point cut in December. [...]
$10b coal mine plan moves ahead
$10b coal mine plan moves ahead Chrissy Arthur, ABC On Thursday 10 February 2011, 14:00 Another massive coal mine in Queensland’s central west has taken a step forward, with the release of draft terms of reference for an environmental impact study (EIS). Adani Mining is proposing the $10 billion Carmichael Coal and Rail project in [...]