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Jumbo Mortgage Loan - News Articles
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Sunday, October 12, 2008
Melbourne Herald Sun, Australia -
THE Federal Government has placed a trillion-dollar guarantee on all bank deposits of any size for the next three years. The Government has also thrown its backing behind Australian overseas bank borrowings. In a dramatic move last night, Prime Minister Kevin Rudd ... -
Sunday, October 12, 2008
China Daily, China -
CANBERRA -- Australian Prime Minister Kevin Rudd on Sunday announced a three-pronged plan to further ensure the stability of the Australian financial system , including a government guarantee for all deposits in the banks. ... -
Sunday, October 12, 2008
The Canberra Times, Australia -
BY PHILIP DORLING The Federal Government will guarantee all deposits in Australian banks, building societies and credit unions for the next three years. The unprecedented action is part of a three-point plan announced by Prime Minister Kevin Rudd yesterday to buttress ... -
Sunday, October 12, 2008
NEWS.com.au, Australia -
By Clinton Porteous and Stefanie Balogh October 13, 2008 07:25am KEVIN RUDD steeled Australians for the effects of the global financial meltdown but said the Government was working to "maintain positive growth". "Some of the options could be bringing forward major infrastructure ... -
Sunday, October 12, 2008
ABC Online, Australia -
By Online parliamentary correspondent Emma Rodgers Finance Minister Lindsay Tanner says it is highly unlikely the Government's guarantee of all bank deposits will ever need to be used. Yesterday Prime Minister Kevin Rudd announced the unlimited guarantee, which ... -
Sunday, October 12, 2008
Melbourne Herald Sun, Australia -
AUSSIE stocks are poised to judge today whether the PM's $1.2 trillion bank deposits guarantee is enough to stop the share market rout. Investors will also be nervously awaiting whether the move by European leaders overnight have ... -
Sunday, October 12, 2008
Stuff.co.nz, New Zealand -
By DAVID HARGREAVES - BusinessDay.co.nz | Monday, 13 October 2008 The move to put a blanket guarantee on bank deposits leans too far toward the latter. I know the Government is likely to call anyone criticising the move churlish. After all, plenty of ... -
Sunday, October 12, 2008
The Age, Australia -
THE Government will guarantee the $600-$700 billion deposits in Australian financial institutions in a move to shore up local confidence and protect the nation's international competitiveness. Declaring that the country is in "the economic equivalent of a rolling national security ... -
Sunday, October 12, 2008
Melbourne Herald Sun, Australia -
THE Australian share market rebounded this morning after the Federal Government guaranteed all bank deposits for the next three years. ... -
Sunday, October 12, 2008
The Australian, Australia -
GOVERNMENTS working on their own have failed to stem the crisis, now we find out if governments working together can do any better. What is certain is that private financial institutions working in history's most developed markets, ...
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Sunday, October 12, 2008
The Age, Australia -
The share market has given the thumbs up to a federal government emergency plan aimed at protecting the nation's banking system from a global financial meltdown. Share prices romped ahead in early trading, rallying more than five per cent as retail banks ... -
Sunday, October 12, 2008
ABC Online, Australia -
Australian shares have jumped after a massive injection of cash into the banking system by the Reserve Bank, and the Federal Government's decision to ... -
Sunday, October 12, 2008
Sydney Morning Herald, Australia -
The Australian bond market has opened flat to weaker, as investor confidence was boosted by the federal government's guarantee of all local bank deposits for three years. At 0830 AEDT, the yield on the Commonwealth Government March 2019 bond ... -
Monday, October 13, 2008
NEWS.com.au, Australia -
By staff writers THE share market has rebounded today from Friday's staggering losses, as shareholders gave the thumbs up to the Federal Government's ... -
Monday, October 13, 2008
The Age, Australia -
Prime Minister Kevin Rudd says he was not prepared to stand idly by and let Australian banks become disadvantaged by actions taken by other countries in defending their own banks. Mr Rudd announced a three-point plan yesterday to defend the banking ... -
Monday, October 13, 2008
The Age, Australia -
A Nationals senator wants the federal government to include agriculture-based debentures in the deposit guarantee scheme announced by Prime Minister Kevin Rudd. The government on Sunday guaranteed all bank, building society and credit union deposits for three years ... -
Monday, October 13, 2008
The Age, Australia -
More than half of Australians are confident the economy can withstand the global financial crisis, a new survey has found. At the same time, however, a similar number do not believe the government should use taxpayers' money to prevent banks from collapse. ... -
Monday, October 13, 2008
ABC Online, Australia -
Australian stocks have closed up, buoyed by news the Federal Government will guarantee all bank deposits held in Australian financial institutions. The All Ordinaries index closed up 202 points to 4,141, while the ASX 200 has enjoyed similar ... -
Monday, October 13, 2008
GMA news.tv, Philippines -
SYDNEY, Australia - The Australian share market rebounded strongly Monday in response to a government announcement that it would guarantee all bank and other lender deposits for three years. The benchmark S&P/ASX200 index rose more than 5 percent in ... -
Monday, October 13, 2008
Telegraph.co.uk, United Kingdom -
Australia and New Zealand have announced co-ordinated moves to guarantee all savings deposits in banks and financial institutions amid growing concern over the fallout from the global economic crisis. ...
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