Last Updated:
Wednesday, 06. August 2008

Australian News Stories

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April 2008
May 2008
June 2008

July 2008

 

July 15th 2008

Mortgage Interest Rates

  • National Australia Bank increased it's Standard Variable Mortgage rate from 9.46% to 9.61%, to be effective from July 15 2008. 
  • The Official bank rate is currently 7.25%

July 11th 2008

Mortgage Interest Rates

  • Commonwealth Bank increased it's Standard Variable Mortgage rate from 9.44% to 9.58%, to be effective from July 14th. 
  • ANZ Bank increased it's Standard Variable Mortgage rate from 9.47% to 9.62%, to be effective from July 14th. 
  • The Official bank rate is currently 7.25%

July 8th 2008

Newspaper Report: Australia looks to be entering the worst environment for job-seekers for at least a decade and possibly since the last recession.  http://www.news.com.au/.../0,23739,23986238-5003402,00.html

June 2008 Quarter Employment Figures, from http://www.news.com.au/.../0,23739,23990942-5003402,00.html

67.8% Full-time employees dropped by 89,000, to 6.87 million.
32.2% Part-time employees rose by 168,000 to 3.26 million.

Total Employed = 10.13 million

June 2008 Australian Bureau of Statistics figures, from http://www.abs.gov.au/.../6202.0?OpenDocument :

Employment
71.5% Full-time employment 7,664,600
28.5% Part-time employment 3,051,100

Total Employed = 10,715,700

Two sets of figures, with a substantial difference in numbers; 585,700 in fact !  Did I miss something ?  Contact Us


July 7th 2008

Ibis Hotels in Australia have a special on, with rooms from $99** per night, with a competition to win a house cleaner for a year !

http://www.makeupmyhouse.com

** Prices checked on 7th July with $99 for the Hotel Ibis in Melbourne from 13 July


July 4th 2008

Mortgage Interest Rates

  • St George Bank increased it's Standard Variable Mortgage rate from 9.47% to 9.67%.  Official bank rate is currently 7.25%

 

 


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