We’re drowning in debt, credit is squeezing, and the RBA is just taking it all one rate rise at a time, writes Alan Kohler.
Credit squeeze
Kohler: Soft landing or crash?
One way or another, the Australian economy is going to be crunched this year. Obviously all of those who are focused on bringing it about – the RBA, Treasury, the Prime Minister, the nation’s economists – want and expect a soft landing. Good luck, writes Business Spectator’s Alan Kohler.
Is Britain rushing headlong into recession?
Could the British economy beat the US in a headlong slide into recession? Glenn Dyer investigates.
Sales boom, rates steady, inflation presses, market surges. Oh my god.
We are in for four weeks of neverending interest rate speculation after the Reserve Bank left rates on hold today and retail sales figures for August showed that the sales boom continues in Australia.
RAMS grabs bull market by horns, rises 17%
A vulture fund, a bank or promoter John Kinghorn buying back the company he floated at $2.50 a share at less than $1 a share after the unfortunate events of August? Whatever the reason, RAMS Home Loans Group rose almost 17% yesterday, writes Glenn Dyer.
Westpac pushes up credit card rates
After the ANZ pushed up its credit card rates 0.05% earlier this week, it was only a matter of time before one of its “competitors” made a similar move.
