Mortgage and Financial News From 2007-11-22 Page 3

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• Consumer sentiment slips ahead of election

  News.com.au - Mr Evans said consumer sentiment usually fell by an average of 10 per cent after an interest rate rise but the potential slide ... November 1975 - even after the governor-general Sir John Kerr sparked a constitutional crisis by sacking Whitlam as prime ...
  2007-11-22 08:12:00

• Australia's Howard behind in polls on election eve

  Washington Post - CANBERRA (Reuters) - Australia's conservative Prime Minister John Howard on Friday asked voters to let him steer the ... Labor needs to win 16 more seats to win office and Rudd's campaign has been bolstered by central bank interest rate rises ...
  2007-11-22 02:42:00

• Three latest polls clash on federal election result

  News.com.au - ... another shows a modest swing to the Coalition and a third gives the Prime Minister ... electorate BUT he wouldn't do that if he had ANY concerns about spiralling interest ... producing stagflation of 11% unemployment and 12% inflation and a home loan rate ...
  2007-11-22 05:56:00

• Howard faces toughest election yet

  CNN - ... five interest rate rises since May last year -- and the skill of his designated successor, Treasurer Peter Costello. Howard has pledged to stand down some time during his next term if he wins on Saturday, and says Costello would make "a great prime ...
  2007-11-22 03:25:00

• It's not time to change government

  News.com.au - PRIME Minister John Howard contends the Australian electorate is flirting with change. He is wrong. The electorate is ... There has been an interest rate rise during the election campaign and a latest scandel of illegal letterbox drops.For all of ...
  2007-11-22 04:15:00

• Australian Newspapers Split in Backing Howard, Rudd (Update1)

  Bloomberg - Nov. 23 (Bloomberg) -- Australia's biggest-selling newspapers are split on whether Prime Minister John Howard should be ... The central bank this month increased its benchmark interest rate by a quarter-point to 6.75 percent, after a similar move in ...
  2007-11-22 03:40:00

• Jeremy Warner's Outlook: Crisis in credit markets widens further

  The Independent - It began with US sub-prime mortgage lending, but, like a rock thrown into the middle of the pond, the impact is progress ... Interest-rate cutting by central bankers may, by providing cheaper funds, allow banks to stay in profit, and thereby prevent ...
  2007-11-22 05:48:00

• Oil Prices Steady Above $97 a Barrel

  Chicago Tribune - Singapore Prime Minister Lee Hsien Loong said late Wednesday that the record high oil prices are a burden on Asian nations ... It is particularly a burden on the low-income groups, and it's also a factor in increasing the inflation rate and the cost ...
  2007-11-22 07:11:00

• What's the point in voting for Howard?

  News.com.au - Between a retiring Prime Minister who is out of ideas, has lost touch and is retiring or a new team with fresh ideas ... Mr Howard has presided over ten interest rate rises in a row, six since the last election when he promised they would remain at ...
  2007-11-22 08:40:00

• A taxing chore now can save more later

  USA Today - Prime candidates for overwithholding include homeowners who had to pay sharply higher interest on their adjustable-rate mortgages this year, Scharin says. Because mortgage interest is deductible, an increase in your interest rate will fatten your ...
  2007-11-22 03:47:00

• Bus, taxi commuters trapped in Soweto floods

  Talk Radio 702 - Tshwane Metro Police say they're concerned by the high rate of non-compliance to liquor laws in the capital. The department ... His son is a prime suspect in last year's London bombings. Patel's lawyer Zahir Omar claims Home Affairs is trying to deport ...
  2007-11-22 08:04:00

• Malaysia May Refrain From Interest-Rate Cut as Inflation Gains

  Bloomberg - Malaysia May Refrain From Interest-Rate Cut as Inflation Gains By Stephanie Phang and Michael Munoz Nov. 23 (Bloomberg ... Consumer prices may rise further as Prime Minister Abdullah Ahmad Badawi may be forced to increase fuel prices to cap ...
  2007-11-22 03:40:00

• Banks' interest rate rises could be shortlived

  News.com.au - Banks' interest rate rises could be shortlived By Ross Kelly November 23, 2007 12:06pm ... National Australia Bank (NAB) (nab.ASX: Quote , News ) have both indicated they plan to lift rates because the US sub-prime ...
  2007-11-22 07:57:00

• Rate-setters on alert to dangers of slowdown (The Herald)

  The Bank of England's deputy governor, Rachel Lomax, last night raised hopes of an early cut in UK interest rates by declaring monetary policy-makers must be "very alert to the risk that the economy may be slowing too abruptly".
  2007-11-22 04:11:25

• Banks' rate hikes won't last (Daily Telegraph)

  CONTROVERSIAL moves by the banks to raise interest rates independently of the central bank aren't likely to last long, a global broking house says.
  2007-11-22 05:06:00

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