The Australian property market has continued its merry march skywards. If the music stops, it will get very ugly for taxpayers and young buyers sucked into purchasing their first property.
Challenger financial group
Macquarie makes a mockery of bank guarantee
After Macquarie Group’s funds management expansion in the US, it’s about time all guarantees from the Federal Government are taken off the table.
Frozen redemptions — it all comes down to too much debt
If Kevin Rudd wasn’t obsessed about buttering up media moguls he would probably launch an attack on Challenger Financial Group today, writes Stephen Mayne.
Teetering trio becomes “the leveraged eleven”
The teetering trio – Centro, MFS and Allco – are not alone it seems. Indeed, the cascading credit crisis means we’ve already gone past “the sagging seven” and are now looking at a “leveraged eleven”. Stephen Mayne provides an around the grounds summary.
