News Archive

2009

2008

Australia Insurance News

Islamic Finance Down, Far From Out

Thursday October 23, 2008
IN THE aftermath of the US financial crisis, the future is uncertain for Islamic investment in Australia. The Dow Jones Islamic Market Financials Index measures the performance of about 70 sharemarkets around the world that are sharia-compliant, or in line with Islamic ethics.

Iag Faces Battle Over Hastings

Friday October 17, 2008
INSURANCE Australia Group is having to temper its hopes of securing a decent price for the troubled British motor insurance broking businesses it is trying to sell in the face of the global financial turmoil.

A Guarantee Against Panic

Tuesday October 14, 2008
Politics were put aside to ensure confidence in Australia's financial system, writes Joshua Gans.

Crisis Spreads Faster - And It's Worsening

Monday October 13, 2008
THE Federal Treasurer, Wayne Swan has warned that the economic crisis is flowing through to developing economies much faster and more brutally than expected - including Australia's major trading partners.

Nation's Best Minds Make Survival Plans

Sunday October 12, 2008
AUSTRALIA'S top economic and political minds will forge a package of domestic measures to stave off further economic panic before the stock markets open tomorrow.

Australia Recruited For Rescue

Sunday October 12, 2008
AUSTRALIA has been asked to be part of a global plan to unfreeze credit markets and stop sell-offs on panicked sharemarkets, as part of an assault co-ordinated by US Treasury Secretary Henry Paulson.

Analysts Downgrade Nab Forecast Over Portfolio Fears

Thursday October 2, 2008
THE focus has switched to what else remains in National Australia Bank's troubled $4.5billion portfolio of complex credit instruments.

Why America Should Follow Australia's Economic Lead

Thursday October 2, 2008
The US must embrace regulation to avoid another market meltdown.