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"It is not a perfect measure, but it suggests residential property investor activity could have halved over the last decade."

by Greg Ninness

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"ESAS 'allows approved non-bank entities to settle payments directly in risk-free central bank money without using a commercial bank as an intermediary,' the RBNZ's Steve Gordon says."

by Gareth Vaughan

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Australian PMI

Aussie economy sliding towards recession

Aussie economy sliding towards recession as manufacturing slumps in shock PMI result

11th Dec 08, 9:30am

by Bernard Hickey

Aussie economy sliding towards recession as manufacturing slumps in shock PMI result

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