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Bailout plan for two giant US lenders

TO AVERT a second crisis of confidence in US credit markets, the United States Government has stepped in to prop up the two mortgage giants, Fannie Mae and Freddie Mac, before the markets opened again yesterday
11yr ago

New rail tunnel may be privatised

A PROPOSED $7 billion rail tunnel from Footscray to Caulfield could be privatised under funding options being considered by the Brumby Government and being backed by Metlink, the body that promotes Melbourne's public transport operations.
11yr ago

Bulls and Bears: Chris Caton on investing in 2008

BT’s Chief Economist Chris Caton has worked in financial services for more than 17 years, witnessing major events like the ’87 crash, the tech bubble and even the local banana crisis. We talked to Chris about his experiences as a long-term investor and what he thinks about investing in 2008.
11yr ago

Oil and shares - this year's Factor X

The big slump in shares from their highs in October/November last year to their lows in March this year was driven primarily by the credit crunch. However, the continued surge in the oil price has played a major role in the slump in shares since mid-May which has now taken them below their March lows.
11yr ago

GE fast to collect, slow to disperse

AT LEAST 2000 customers owed compensation by the nation's biggest consumer credit provider, GE Money, are still awaiting payment for harassment by the company's debt collection department.
11yr ago

Tough times send equity raisings into tailspin

SHAREMARKET woes lopped 17% off Australian companies' equity raisings last financial year, with data revealing a sharp divide between emerging companies struggling for a foothold and their more established rivals.
11yr ago

GE victims still wait for compo

AT LEAST 2000 customers owed compensation by Australia's biggest consumer credit provider, GE Money, are still awaiting payment for harassment by the company's debt-collection department.
11yr ago

Letters

PUBLIC TRANSPORT Common sense and the connies - why do we wait?
11yr ago

CMC Markets Weekly Report

The ASX 200 rallied to close higher into the end of the week, although unconvincing, as sellers once again emerged to stifle recovery through the 5000 level. Negative sentiment still plagues the market, especially through the financial sector.

11yr ago

Time to take the acid test

Could you deal with the unexpected? Put your financial safety net through the latest scrutiny from our sister publication, AFR Smart Investor, to find out.
11yr ago

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