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Showing posts from September, 2008

Beware Asia’s Current Woes

Source: September 05 2008 - Australasian Investment Review – (AIR) Fears are swirling through Asia that the unrest in Thailand and Malaysia, the economic and political woes of Japan and the continuing weakness in South Korea might be a precursor to more serious problems at a time when the Australian economy's sole remaining lifeline is linked firmly into the region. This week's National Account and trade figures showed that the booming resource sector led by miners and exporters of coking and thermal coal and especially iron ore, boosted corporate income and profits to the point where it and the sector's investment plans stopped the economy from dipping into the red in the June quarter. We received a nasty reminder yesterday that our trade performance is not permanent and might be a bit more tenuous than we think. The trade surplus evident in June disappeared in July with the Australian Bureau of Statistics reporting a $717 million deficit as exports stalled and imports, pa

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9% p.a. and a range of other features: Needs to deposit between $50 and $500 per month. Note: maximum is $500 a month. Earn interest on your interest - it's calculated daily and paid monthly. No account fees. Link your Regular Saver to an eligible BankWest linked account. 24/7 access with online and phone banking. This will be a good account for saving. 9% p.a.! Where else can you get this low-risk/high-return investment? See BankWest for more details.