Archive for March, 2009

Worlds Top 50 Safest Banks »

By SmallStocks on Mar 21, 2009 in Business | 0 Comments

So just how safe is your bank ? Well Global Finance has released its list of the worlds “Top 50 Safest Banks” and interestingly a number of Australian Banks feature on the list in high ranking places. National Australia Bank (NAB) takes the top place at spot 11 – yes, that 11th in the world [...]

RBA Keeps Interest Rates on Hold as Global Economy Collapses »

By SmallStocks on Mar 3, 2009 in Business | 0 Comments

The RBA has left interest rates on hold today on the back of overnight global woes. Most noticably, the Statement by Glenn Stevens states (in summary) the following: World economy has remained very weak following decreases in demand late last year Conditions in global credit markets have improved since November last year, but remain fraigle [...]