Reserve Bank governor Glenn Stevens has made it clear that he doesn’t like the idea of a government bank deposit guarantee and doesn’t want to see it return after it is withdrawn.
Suncorp metway
Suncorp’s false dawn
The 2009 Suncorp result show the company is in real trouble. So, why is Suncorp Metway paying out dividends when it didn’t earn enough profit to cover the near $1 billion payment?
Turmoil at LJ Hooker as MD, GM quit
There’s more instability today at a subsidiary of the troubled Suncorp Metway bank, the Brisbane-based insurance and real estate company, writes Glenn Dyer.
Did Suncorp Metway earn a profit in 07-08?
Some banks have taken a hit from the credit crunch. Others, like Suncorp, have only themselves to blame, writes Glenn Dyer.
While you were sleeping: oil and wheat prices up, interest rates too
While you were sleeping, world oil prices reached a new all time intra-day high of $US80.05 a barrel. And the prospects of higher bread prices continues as world wheat prices also reached a new all time high.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
