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<title>FatCat.com.au</title>
<link>http://www.fatcat.com.au</link>
<description>Your Net Advantage</description>
<copyright>Copyright 2008 FatCat.com.au - All rights reserved</copyright>
<pubDate>Tuesday 09th of September 2008 </pubDate>
<image><title>FatCat.com.au</title>
<url>http://www.fatcat.com.au/img/Global/lg_CompareMoney.gif</url>
<link>http://www.fatcat.com.au</link>
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<item>
      <title>  RBA boss says joblessness likely to rise </title>
      <link>http://www.fatcat.com.au/news/Your Money/176.html</link>
      <description>Reserve Bank of Australia (RBA) governor Glenn Stevens says the unemployment rate is likely to rise.</description>
      <category>Your Money</category>
      <pubDate>08.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Your Money/176.html</guid>

    </item>
<item>
      <title>The Top 5 Habits of Wealthy People</title>
      <link>http://www.fatcat.com.au/news/Millionaire Mindset/174.html</link>
      <description>Apart from a few big spenders who enjoy indulging in fanciful whims it seems that the moneyed minority generally live a comfortable but non-extravagant life</description>
      <category>Millionaire Mindset</category>
      <pubDate>06.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Millionaire Mindset/174.html</guid>

    </item>
<item>
      <title>Financial goal setting - key points</title>
      <link>http://www.fatcat.com.au/news/Personal Development/172.html</link>
      <description>Taking charge of personal finances begins with setting financial goals. But where to start and how to achieve them?</description>
      <category>Personal Development</category>
      <pubDate>06.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Personal Development/172.html</guid>

    </item>
<item>
      <title>ECB, Bank of England hold rates steady</title>
      <link>http://www.fatcat.com.au/news/Investment/170.html</link>
      <description>The European Central Bank and the Bank of England left their rates unchanged...</description>
      <category>Investment</category>
      <pubDate>05.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/170.html</guid>

    </item>
<item>
      <title>How to protect your credit card</title>
      <link>http://www.fatcat.com.au/news/Your Money/171.html</link>
      <description>Credit card fraud is now a multi-million dollar business</description>
      <category>Your Money</category>
      <pubDate>05.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Your Money/171.html</guid>

    </item>
<item>
      <title>Ita Buttrose chats to FatCat about money &amp; success</title>
      <link>http://www.fatcat.com.au/news/Your Money/169.html</link>
      <description>Twice voted Australia&apos;s Most Admired Woman, Ita Buttrose is a doyenne of Australian publishing</description>
      <category>Your Money</category>
      <pubDate>03.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Your Money/169.html</guid>

    </item>
<item>
      <title>US economy sluggish for second half</title>
      <link>http://www.fatcat.com.au/news/Investment/168.html</link>
      <description>For the US lumber companies, automakers, home builders and other manufacturers, the final half of 2008 may be as sluggish as the first.</description>
      <category>Investment</category>
      <pubDate>03.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/168.html</guid>

    </item>
<item>
      <title>Hidden costs of home ownership</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/173.html</link>
      <description>Unfortunately the costs associated with owning your own home don&apos;t end</description>
      <category>Property &amp; Home</category>
      <pubDate>02.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/173.html</guid>

    </item>
<item>
      <title>Why agents are out and selling your property yourself is in</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/167.html</link>
      <description>Are real estate agents really worth their keep?</description>
      <category>Property &amp; Home</category>
      <pubDate>02.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/167.html</guid>

    </item>
<item>
      <title>RBA cuts official cash rate to 7%</title>
      <link>http://www.fatcat.com.au/news/Get Out of Debt/166.html</link>
      <description>The Reserve Bank of Australia has cut official interest rates for the first time in almost seven years.</description>
      <category>Get Out of Debt</category>
      <pubDate>02.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Get Out of Debt/166.html</guid>

    </item>
<item>
      <title>Big companies to face tough pricing laws</title>
      <link>http://www.fatcat.com.au/news/Investment/165.html</link>
      <description>Big companies will face tougher laws against using price power to force small competitors out of business under legislation passed in the lower house.</description>
      <category>Investment</category>
      <pubDate>02.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/165.html</guid>

    </item>
<item>
      <title>&apos;Two years of cuts&apos; if inflation falls</title>
      <link>http://www.fatcat.com.au/news/xml/691.html</link>
      <description>A leading economist says Australian homeowners could enjoy interest rate cuts for the next two years as long as inflation falls.</description>
      <category>xml</category>
      <pubDate>01.09.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/691.html</guid>

    </item>
<item>
      <title>Strike to hit Qantas, Westpac customers</title>
      <link>http://www.fatcat.com.au/news/xml/689.html</link>
      <description>Qantas and Westpac customers face disruptions to online bookings and banking this week after Australian Services Union voted to start industrial action.</description>
      <category>xml</category>
      <pubDate>31.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/689.html</guid>

    </item>
<item>
      <title>RBA rate cut would help many: survey</title>
      <link>http://www.fatcat.com.au/news/xml/688.html</link>
      <description>An interest rate cut by Australia&apos;s central bank this week will significantly reduce the number of Australians experiencing mortgage stress, a survey has found.</description>
      <category>xml</category>
      <pubDate>31.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/688.html</guid>

    </item>
<item>
      <title>Wizard cut rates for first time in 7 yrs</title>
      <link>http://www.fatcat.com.au/news/xml/687.html</link>
      <description>Wizard Home Loans has become the first lender to cut its variable interest rate in seven years.</description>
      <category>xml</category>
      <pubDate>31.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/687.html</guid>

    </item>
<item>
      <title>Strapped US consumers curb spending</title>
      <link>http://www.fatcat.com.au/news/xml/685.html</link>
      <description>US consumers snapped shut wallets as a boost from tax rebates wore off and inflation soared in July.</description>
      <category>xml</category>
      <pubDate>30.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/685.html</guid>

    </item>
<item>
      <title>GDP growth tipped to slow in Q2</title>
      <link>http://www.fatcat.com.au/news/xml/680.html</link>
      <description>Activity in the Australian economy is tipped to have slowed in the second quarter, as high interest rates continued to erode consumer spending power.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/680.html</guid>

    </item>
<item>
      <title>Australia&apos;s desire for credit &apos;slowing&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/681.html</link>
      <description>Australia&apos;s appetite for credit continues to wane following interest rate hikes earlier this year, with the housing sector taking a big hit.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/681.html</guid>

    </item>
<item>
      <title>Youth &apos;vulnerable to Net identity theft&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/683.html</link>
      <description>Most Australian pay no attention to protecting their identity from being stolen, leaving themselves vulnerable, a survey has found.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/683.html</guid>

    </item>
<item>
      <title>RBA tipped to cut rates next week</title>
      <link>http://www.fatcat.com.au/news/xml/679.html</link>
      <description>A combination of a slowing economy, deteriorating business conditions and tight credit markets will ensure the central bank cuts rates, economists say.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/679.html</guid>

    </item>
<item>
      <title>Independent broker status to be marketed</title>
      <link>http://www.fatcat.com.au/news/xml/678.html</link>
      <description>The head of a mortgage broking group plans to market the fact it is not linked to a lender following confirmation CBA will buy a third of Aussie Home Loans.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/678.html</guid>

    </item>
<item>
      <title>Private sector credit rises 0.5%: RBA</title>
      <link>http://www.fatcat.com.au/news/xml/677.html</link>
      <description>Total credit provided to the private sector by financial intermediaries rose 0.5 per cent in July, following a 0.4 per cent increase in June, the RBA says.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/677.html</guid>

    </item>
<item>
      <title>New home sales fall in July: survey</title>
      <link>http://www.fatcat.com.au/news/xml/676.html</link>
      <description>The property market continues to struggle with high interest rates and a slowing economy, with new home sales falling in July, a survey has found.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/676.html</guid>

    </item>
<item>
      <title>Concerns revealed in business survey</title>
      <link>http://www.fatcat.com.au/news/xml/675.html</link>
      <description>Concerns over future rainfall and the fate of the Murray river are causing uncertainty among regional businesses and consumers, a Bank SA survey has found.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/675.html</guid>

    </item>
<item>
      <title>US economy sees surprise 3.3% spurt</title>
      <link>http://www.fatcat.com.au/news/xml/674.html</link>
      <description>The US economy has outpaced expectations as exports fuelled a second-quarter 3.3% growth spurt, according to data that analysts say makes recession less likely.</description>
      <category>xml</category>
      <pubDate>29.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/674.html</guid>

    </item>
<item>
      <title>Resource, finance stocks boost market</title>
      <link>http://www.fatcat.com.au/news/xml/672.html</link>
      <description>The Australian share market closed firmly in positive territory, driven by gains in resources and finance stocks and a positive lead from Wall Street.</description>
      <category>xml</category>
      <pubDate>28.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/672.html</guid>

    </item>
<item>
      <title>Rescue plan for $US drawn up: report</title>
      <link>http://www.fatcat.com.au/news/xml/673.html</link>
      <description>Authorities in the US, Europe and Japan drew up an emergency plan in March to rescue the plunging dollar if the currency went into freefall, a report said.</description>
      <category>xml</category>
      <pubDate>28.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/673.html</guid>

    </item>
<item>
      <title>ANZ joins other banks in fixed rate cuts</title>
      <link>http://www.fatcat.com.au/news/xml/671.html</link>
      <description>ANZ Banking Group has joined the other big banks in lowering its fixed home loan rates and fixed residential investment loans rates.</description>
      <category>xml</category>
      <pubDate>28.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/671.html</guid>

    </item>
<item>
      <title>Fears of contracting economy allayed</title>
      <link>http://www.fatcat.com.au/news/xml/670.html</link>
      <description>Strong investment spending and the prospect of more to come has allayed fears the economy contracted in the June quarter, economists say.</description>
      <category>xml</category>
      <pubDate>28.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/670.html</guid>

    </item>
<item>
      <title>ASEAN, ANZAC trade pact near: minister</title>
      <link>http://www.fatcat.com.au/news/xml/665.html</link>
      <description>Negotiations for an ASEAN bloc free trade deal with Australia and New Zealand are nearly completed, Indonesian Trade Minister Mari Pangestu says.</description>
      <category>xml</category>
      <pubDate>28.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/665.html</guid>

    </item>
<item>
      <title>Macquarie shares slump 7 per cent</title>
      <link>http://www.fatcat.com.au/news/xml/664.html</link>
      <description>Macquarie Group shares dropped almost 10 per cent after brokerage firm UBS downgraded the investment bank to &quot;neutral&quot; from &quot;buy&quot;.</description>
      <category>xml</category>
      <pubDate>27.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/664.html</guid>

    </item>
<item>
      <title>IOOF hopes market will swing its way</title>
      <link>http://www.fatcat.com.au/news/xml/662.html</link>
      <description>Fund manager IOOF Holdings has booked a slide in underlying net profit because of an outflow of funds and decline in the value of its investment portfolios.</description>
      <category>xml</category>
      <pubDate>27.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/662.html</guid>

    </item>
<item>
      <title>Construction work done falls 2.6%</title>
      <link>http://www.fatcat.com.au/news/xml/663.html</link>
      <description>A fall in construction work done in the June quarter has increased the risk of a flat or slightly negative second quarter GDP result next week, economists say.</description>
      <category>xml</category>
      <pubDate>27.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/663.html</guid>

    </item>
<item>
      <title>IMF cuts world growth forecasts: source</title>
      <link>http://www.fatcat.com.au/news/xml/658.html</link>
      <description>The International Monetary Fund has cut its world growth forecasts for this year and next in light of the global slowdown, an official says.</description>
      <category>xml</category>
      <pubDate>27.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/658.html</guid>

    </item>
<item>
      <title>Australia and Brazil to revive Doha</title>
      <link>http://www.fatcat.com.au/news/xml/657.html</link>
      <description>The Australian and Brazilian governments have reaffirmed their commitment to achieving a successful conclusion to stalled global trade talks.</description>
      <category>xml</category>
      <pubDate>27.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/657.html</guid>

    </item>
<item>
      <title>Live and holiday gratis</title>
      <link>http://www.fatcat.com.au/news/Your Money/157.html</link>
      <description>Nothing in life is for free - or so we are led to believe. </description>
      <category>Your Money</category>
      <pubDate>27.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Your Money/157.html</guid>

    </item>
<item>
      <title>Can wealth creation seminars make you rich? </title>
      <link>http://www.fatcat.com.au/news/Millionaire Mindset/156.html</link>
      <description>You&apos;ve heard that a seminar will change your life...</description>
      <category>Millionaire Mindset</category>
      <pubDate>27.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Millionaire Mindset/156.html</guid>

    </item>
<item>
      <title>German consumer confidence at 5yr low</title>
      <link>http://www.fatcat.com.au/news/xml/656.html</link>
      <description>German economic prospects has taken two big hits, raising fears of recession as both business sentiment and consumer confidence.</description>
      <category>xml</category>
      <pubDate>26.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/656.html</guid>

    </item>
<item>
      <title>RBA should give families a break: Fraser</title>
      <link>http://www.fatcat.com.au/news/xml/654.html</link>
      <description>Queensland Treasurer Andrew Fraser has called on the Reserve Bank to slash interest rates by half a percentage point next week.</description>
      <category>xml</category>
      <pubDate>26.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/654.html</guid>

    </item>
<item>
      <title>Some investors &apos;on sidelines&apos;, BHP says</title>
      <link>http://www.fatcat.com.au/news/xml/652.html</link>
      <description>BHP Billiton Ltd chief executive Marius Kloppers has acknowledged that some investors are &quot;sitting on the sideline&quot; of the takeover offer for Rio Tinto Ltd.</description>
      <category>xml</category>
      <pubDate>24.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/652.html</guid>

    </item>
<item>
      <title>Baby boomers are &apos;options&apos; generation</title>
      <link>http://www.fatcat.com.au/news/xml/651.html</link>
      <description>Investment strategists are now thinking of these newly 60somethings as the &quot;call options&quot; generation.</description>
      <category>xml</category>
      <pubDate>23.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/651.html</guid>

    </item>
<item>
      <title>Accountants in strong demand: survey</title>
      <link>http://www.fatcat.com.au/news/xml/649.html</link>
      <description>The global economic slowdown may be causing consumers to cut back spending and businesses to rein in costs but accountants are in strong demand.</description>
      <category>xml</category>
      <pubDate>22.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/649.html</guid>

    </item>
<item>
      <title>ANZ promises to pass on any RBA rate cut</title>
      <link>http://www.fatcat.com.au/news/xml/650.html</link>
      <description>ANZ Banking Group Ltd has pledged to pass in full to its home loan customers any rate cut the Reserve Bank of Australia decides at its next board meeting.</description>
      <category>xml</category>
      <pubDate>22.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/650.html</guid>

    </item>
<item>
      <title>US economy remains stuck in low gear</title>
      <link>http://www.fatcat.com.au/news/xml/647.html</link>
      <description>A private sector measure of the US economy&apos;s health showed the largest drop in a year and jobless claims remain near the highest levels since 2002.</description>
      <category>xml</category>
      <pubDate>22.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/647.html</guid>

    </item>
<item>
      <title>Mishaps have damaged reputation: Qantas</title>
      <link>http://www.fatcat.com.au/news/xml/646.html</link>
      <description>Qantas has admitted negative publicity about a series of maintenance mishaps has &quot;not insignificantly&quot; damaged its brand, and the effects could be permanent.</description>
      <category>xml</category>
      <pubDate>22.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/646.html</guid>

    </item>
<item>
      <title>Vehicle sales suffer record slump</title>
      <link>http://www.fatcat.com.au/news/xml/642.html</link>
      <description>Vehicle sales in July suffered the biggest monthly decline in almost three years as crude oil prices hit a record high, economists say.</description>
      <category>xml</category>
      <pubDate>21.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/642.html</guid>

    </item>
<item>
      <title>Cash advances rose in June: RBA data</title>
      <link>http://www.fatcat.com.au/news/xml/641.html</link>
      <description>Cash advances on credit and charge cards grew in popularity in June, with Australians taking out a record $1.15 billion in the month, the latest data shows.</description>
      <category>xml</category>
      <pubDate>21.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/641.html</guid>

    </item>
<item>
      <title>CBA cuts fixed term interest rates</title>
      <link>http://www.fatcat.com.au/news/xml/640.html</link>
      <description>Australia&apos;s largest home lender, Commonwealth Bank of Australia, has lowered its fixed rate mortgages for the second time this month.</description>
      <category>xml</category>
      <pubDate>21.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/640.html</guid>

    </item>
<item>
      <title>Credit, card transactions rise: RBA</title>
      <link>http://www.fatcat.com.au/news/xml/638.html</link>
      <description>The total value of credit and charge card transactions rose by 0.64 per cent in June, figures from the Reserve Bank of Australia (RBA) show.</description>
      <category>xml</category>
      <pubDate>21.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/638.html</guid>

    </item>
<item>
      <title>NAB pledges to pass on rate cut</title>
      <link>http://www.fatcat.com.au/news/xml/643.html</link>
      <description>National Australia Bank will pass on a 25 basis point rate cut if the Reserve Bank of Australia reduces the official cash rate, the NAB has announced.</description>
      <category>xml</category>
      <pubDate>21.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/643.html</guid>

    </item>
<item>
      <title>Man jailed for stealing investors&apos; money</title>
      <link>http://www.fatcat.com.au/news/xml/635.html</link>
      <description>A man who fleeced almost $127,000 from family and friends by stealing money they had given him for investments has been jailed.</description>
      <category>xml</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/635.html</guid>

    </item>
<item>
      <title>Skilled vacancies fell 1.7% in August</title>
      <link>http://www.fatcat.com.au/news/xml/634.html</link>
      <description>Skilled vacancies fell 1.7 per cent in August, new data shows.</description>
      <category>xml</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/634.html</guid>

    </item>
<item>
      <title>Westpac calls for big interest rate cut</title>
      <link>http://www.fatcat.com.au/news/xml/636.html</link>
      <description>One the country&apos;s major banks believes the official interest rate must be slashed next month to have an immediate impact on economic growth.</description>
      <category>xml</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/636.html</guid>

    </item>
<item>
      <title>Bored? Try these investing ideas for size</title>
      <link>http://www.fatcat.com.au/news/Investment/155.html</link>
      <description>Investing doesn&apos;t have to be a yawn. Some investors make a handy packet out of following what they love, whether that&apos;s art, coins or even alpaca farming.</description>
      <category>Investment</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/155.html</guid>

    </item>
<item>
      <title>18 Broker Share Tips</title>
      <link>http://www.fatcat.com.au/news/Investment/152.html</link>
      <description>Want to know whether your stocks are in the good or bad books with brokers around town? Anthony Black hunts down Buy, Hold and Sell recommendations from key brokers and the reasons why. </description>
      <category>Investment</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/152.html</guid>

    </item>
<item>
      <title>Your retirement: How much income do you need?</title>
      <link>http://www.fatcat.com.au/news/Retirement &amp; Super/153.html</link>
      <description>How much money is really needed to fund a &quot;so called&quot; comfortable retirement?</description>
      <category>Retirement &amp; Super</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Retirement &amp; Super/153.html</guid>

    </item>
<item>
      <title>Property - buy or sell first? </title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/147.html</link>
      <description>The dilemma of buying or selling your home first haunts many a homebuyer. </description>
      <category>Property &amp; Home</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/147.html</guid>

    </item>
<item>
      <title>$50 to a $20 million empire </title>
      <link>http://www.fatcat.com.au/news/Millionaire Mindset/146.html</link>
      <description>He went from $50 to a $20 million empire in under six years. Now he wants to show others how it&apos;s done. </description>
      <category>Millionaire Mindset</category>
      <pubDate>20.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Millionaire Mindset/146.html</guid>

    </item>
<item>
      <title>RBA hints at rate cut next month</title>
      <link>http://www.fatcat.com.au/news/xml/631.html</link>
      <description>The Reserve Bank of Australia has hinted it will cut interest rates next month for the first time in seven years, economists say.</description>
      <category>xml</category>
      <pubDate>19.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/631.html</guid>

    </item>
<item>
      <title>Pay rises staying restrained: survey</title>
      <link>http://www.fatcat.com.au/news/xml/629.html</link>
      <description>Demands for bigger paypackets remain restrained despite inflationary pressures and the higher cost of living, a survey shows.</description>
      <category>xml</category>
      <pubDate>19.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/629.html</guid>

    </item>
<item>
      <title>Small business needs rate cut now: ACCI</title>
      <link>http://www.fatcat.com.au/news/xml/625.html</link>
      <description>Small business is being hit hard by a slowdown in the domestic economy and needs an interest rate cut now, the ACCI says.</description>
      <category>xml</category>
      <pubDate>19.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/625.html</guid>

    </item>
<item>
      <title>Fuel costs raise Japanese airline prices</title>
      <link>http://www.fatcat.com.au/news/xml/622.html</link>
      <description>Japan Airlines and All Nippon Airways announced plans to raise their air fares on some international routes as they struggle to cope with the cost of jet fuel.</description>
      <category>xml</category>
      <pubDate>19.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/622.html</guid>

    </item>
<item>
      <title>Economy at risk unless rates cut: RBA</title>
      <link>http://www.fatcat.com.au/news/xml/632.html</link>
      <description>An early interest rate cut might be needed to ward off a deeper economic slowdown, the minutes of the RBA&apos;s August board meeting say.</description>
      <category>xml</category>
      <pubDate>19.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/632.html</guid>

    </item>
<item>
      <title>Should I add to super or pay off debt?</title>
      <link>http://www.fatcat.com.au/news/Ask an Advisor/151.html</link>
      <description>Making a decision on allocation of your precious income is always a hard one</description>
      <category>Ask an Advisor</category>
      <pubDate>19.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Ask an Advisor/151.html</guid>

    </item>
<item>
      <title>Family firms lack successor plans: study</title>
      <link>http://www.fatcat.com.au/news/xml/620.html</link>
      <description>A popular saying in management circles is that if you fail to plan, you plan to fail.</description>
      <category>xml</category>
      <pubDate>18.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/620.html</guid>

    </item>
<item>
      <title>HSBC Australia cuts fixed mortgage rates</title>
      <link>http://www.fatcat.com.au/news/xml/619.html</link>
      <description>HSBC Bank Australia has cut its fixed home loan mortgage rates, citing a recent fall in borrowing costs.</description>
      <category>xml</category>
      <pubDate>18.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/619.html</guid>

    </item>
<item>
      <title>Swan slams banks&apos; rates stance</title>
      <link>http://www.fatcat.com.au/news/xml/616.html</link>
      <description>Federal Treasurer Wayne Swan says the retail banks will be putting the economy at risk if they don&apos;t match any interest rate cut by the RBA.</description>
      <category>xml</category>
      <pubDate>18.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/616.html</guid>

    </item>
<item>
      <title>SA Centre to help manufacturing industry</title>
      <link>http://www.fatcat.com.au/news/xml/615.html</link>
      <description>A manufacturing centre has been opened in Adelaide to help South Australian manufacturers become more productive and competitive.</description>
      <category>xml</category>
      <pubDate>18.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/615.html</guid>

    </item>
<item>
      <title>Low air passenger growth for Hong Kong</title>
      <link>http://www.fatcat.com.au/news/xml/614.html</link>
      <description>Growth in Hong Kong air passenger traffic slowed last month to the lowest rate this year as soaring crude oil prices dampened demand for air travel.</description>
      <category>xml</category>
      <pubDate>18.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/614.html</guid>

    </item>
<item>
      <title>Will banks pass on the flagged rate cut?</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/175.html</link>
      <description>It?s pretty much a done deal that when the Reserve Bank board meets in two weeks time a cut in the official interest rate will transpire due to the rapid slowdown in economic growth.</description>
      <category>Property &amp; Home</category>
      <pubDate>18.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/175.html</guid>

    </item>
<item>
      <title>Where the wealthy stash their cash</title>
      <link>http://www.fatcat.com.au/news/Your Money/43.html</link>
      <description>Think mega wealthy, seriously cashed up...</description>
      <category>Your Money</category>
      <pubDate>17.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Your Money/43.html</guid>

    </item>
<item>
      <title>First home buyer affordability index up</title>
      <link>http://www.fatcat.com.au/news/xml/613.html</link>
      <description>Affordable housing remains out of reach for many first home buyers as high interest rates continue to buoy mortgage repayments, a survey shows.</description>
      <category>xml</category>
      <pubDate>15.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/613.html</guid>

    </item>
<item>
      <title>People &apos;tricked&apos; into upping card limit</title>
      <link>http://www.fatcat.com.au/news/xml/612.html</link>
      <description>The major banks and multinational lenders are manipulating debt-laden borrowers into increasing their credit card limits, a government-funded report has found.</description>
      <category>xml</category>
      <pubDate>15.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/612.html</guid>

    </item>
<item>
      <title>US consumer prices surge, jobs strained</title>
      <link>http://www.fatcat.com.au/news/xml/611.html</link>
      <description>US inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging.</description>
      <category>xml</category>
      <pubDate>15.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/611.html</guid>

    </item>
<item>
      <title>Super funds told to diversify investment</title>
      <link>http://www.fatcat.com.au/news/xml/610.html</link>
      <description>Federal Treasury has suggested superannuation funds consider investing in mortgages as the government explores ways to support the non-bank lending sector.</description>
      <category>xml</category>
      <pubDate>14.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/610.html</guid>

    </item>
<item>
      <title>Pace of wages growth slows: ABS</title>
      <link>http://www.fatcat.com.au/news/xml/608.html</link>
      <description>The pace of wages growth across the country has slowed, boosting the chances of a Reserve Bank of Australia interest rate cut next month, new figures show.</description>
      <category>xml</category>
      <pubDate>14.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/608.html</guid>

    </item>
<item>
      <title>Inflation fears ease: report</title>
      <link>http://www.fatcat.com.au/news/xml/607.html</link>
      <description>Cheaper petrol in recent weeks has allowed inflationary expectations to fall back from the highest levels in 15 years, a report finds.</description>
      <category>xml</category>
      <pubDate>14.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/607.html</guid>

    </item>
<item>
      <title>RBA&apos;s Battellino goes into bat for banks</title>
      <link>http://www.fatcat.com.au/news/xml/609.html</link>
      <description>The Reserve Bank of Australia said it is in a position to consider cutting interest rates because reduced household spending made such a move &quot;a lot easier&quot;.</description>
      <category>xml</category>
      <pubDate>14.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/609.html</guid>

    </item>
<item>
      <title>India set for growth to slow to 7.7%</title>
      <link>http://www.fatcat.com.au/news/xml/600.html</link>
      <description>India&apos;s economic growth will likely slow to 7.7 per cent this year, hit by global financial turmoil, inflation and a dive in farm output.</description>
      <category>xml</category>
      <pubDate>14.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/600.html</guid>

    </item>
<item>
      <title>Japanese economy posts Q2 contraction</title>
      <link>http://www.fatcat.com.au/news/xml/599.html</link>
      <description>Japan&apos;s economy shrank for the first time in a year in the second quarter, the government says.</description>
      <category>xml</category>
      <pubDate>14.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/599.html</guid>

    </item>
<item>
      <title>RBA believes retail banks can cut rates</title>
      <link>http://www.fatcat.com.au/news/xml/598.html</link>
      <description>The Reserve Bank of Australia has joined in the growing row over whether retail banks should cut mortgage rates if the central bank does, saying they should.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/598.html</guid>

    </item>
<item>
      <title>Inflation rages around the world</title>
      <link>http://www.fatcat.com.au/news/xml/595.html</link>
      <description>Inflation is rampant around the world, in both rich and emerging countries, as increased prices for raw materials burn holes in consumers&apos; pockets.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/595.html</guid>

    </item>
<item>
      <title>Consumer confidence up as oil falls</title>
      <link>http://www.fatcat.com.au/news/xml/594.html</link>
      <description>A drop in petrol prices has boosted consumer confidence and helped sentiment recover from the lowest point since the early 1990s recession, a report shows.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/594.html</guid>

    </item>
<item>
      <title>Wage rise won&apos;t affect RBA rates cut</title>
      <link>http://www.fatcat.com.au/news/xml/597.html</link>
      <description>The Reserve Bank of Australia (RBA) is likely to cut interest rates in September despite wages rising by more than expected in the June quarter, economists say.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/597.html</guid>

    </item>
<item>
      <title>CBA should cut interest rates: Anglicare</title>
      <link>http://www.fatcat.com.au/news/xml/591.html</link>
      <description>Australia&apos;s biggest bank should commit to an interest rate cut after announcing a massive $4.8 billion profit, welfare group Anglicare Victoria has said.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/591.html</guid>

    </item>
<item>
      <title>Banks should boost capital reserves: RBA</title>
      <link>http://www.fatcat.com.au/news/xml/596.html</link>
      <description>Australia&apos;s major financial institutions should consider boosting capital reserves during boom times, and reconsider their executive incentives, the RBA says.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/596.html</guid>

    </item>
<item>
      <title>Foreign investment in China up 45%</title>
      <link>http://www.fatcat.com.au/news/xml/588.html</link>
      <description>Foreign direct investment into China rose 44.5 per cent in the first seven months of the year compared with the same period last year, the government says.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/588.html</guid>

    </item>
<item>
      <title>Public housing shortfall worsens: report</title>
      <link>http://www.fatcat.com.au/news/xml/592.html</link>
      <description>House prices and rents are sky high, and there&apos;s more bad news for those struggling to find a place to live with the supply of public housing is plunging.</description>
      <category>xml</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/592.html</guid>

    </item>
<item>
      <title>What is your property really worth? </title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/145.html</link>
      <description>Has the value of your property slipped?</description>
      <category>Property &amp; Home</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/145.html</guid>

    </item>
<item>
      <title>Female wardrobe wastage - a shocking $8000  </title>
      <link>http://www.fatcat.com.au/news/Savings Tips/144.html</link>
      <description>Do you have a bursting closet but &apos;nothing to wear&apos;? That is usually the trigger for a little shopping spree but FatCat has a shocking fact for you.</description>
      <category>Savings Tips</category>
      <pubDate>13.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Savings Tips/144.html</guid>

    </item>
<item>
      <title>Public housing shortfall worsens: report</title>
      <link>http://www.fatcat.com.au/news/xml/586.html</link>
      <description>House prices and rents are sky high, and there&apos;s more bad news for those struggling to find a place to live with the supply of public housing is plunging.</description>
      <category>xml</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/586.html</guid>

    </item>
<item>
      <title>Rate cuts needed to restore confidence</title>
      <link>http://www.fatcat.com.au/news/xml/587.html</link>
      <description>A series of interest rate cuts extending well into next year may be needed to restore business confidence from its current recessionary levels, economists say.</description>
      <category>xml</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/587.html</guid>

    </item>
<item>
      <title>China&apos;s inflation eases to 6.3% in July</title>
      <link>http://www.fatcat.com.au/news/xml/585.html</link>
      <description>China&apos;s consumer inflation rate eased in July, but prices rose by a still-high 6.3 per cent over the same month last year, a government news agency reported.</description>
      <category>xml</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/585.html</guid>

    </item>
<item>
      <title>Business conditions hit seven-year low</title>
      <link>http://www.fatcat.com.au/news/xml/584.html</link>
      <description>Business conditions have weakened to the lowest level since the month after September 11 terror attacks, a survey shows.</description>
      <category>xml</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/584.html</guid>

    </item>
<item>
      <title>Cathay increases flights to Australia</title>
      <link>http://www.fatcat.com.au/news/xml/583.html</link>
      <description>Airline Cathay Pacific says it will cut the number of flights to North America by ten per week in a bid to offset the impact of soaring fuel prices.</description>
      <category>xml</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/583.html</guid>

    </item>
<item>
      <title>US banks tighten lending standards</title>
      <link>http://www.fatcat.com.au/news/xml/582.html</link>
      <description>US banks are tightening lending standards on mortgages and other consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy.</description>
      <category>xml</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/582.html</guid>

    </item>
<item>
      <title>The next boom suburbs</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/97.html</link>
      <description>If you think petrol prices are high, what if we told you that they may dictate where you live. And where the next boom suburbs may be located?</description>
      <category>Property &amp; Home</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/97.html</guid>

    </item>
<item>
      <title>Reverse mortgages on the rise</title>
      <link>http://www.fatcat.com.au/news/Reverse Mortgages/34.html</link>
      <description>Reverse mortgages are gaining in popularity, but they&apos;re definitely not for everyone.</description>
      <category>Reverse Mortgages</category>
      <pubDate>12.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Reverse Mortgages/34.html</guid>

    </item>
<item>
      <title>China&apos;s trade surplus hits $US25.3b</title>
      <link>http://www.fatcat.com.au/news/xml/581.html</link>
      <description>China&apos;s trade surplus swelled in July to its highest level in eight months as its trade gaps with the United States and Europe grew, according to data.</description>
      <category>xml</category>
      <pubDate>11.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/581.html</guid>

    </item>
<item>
      <title>Oil prices rise on supply worries</title>
      <link>http://www.fatcat.com.au/news/xml/580.html</link>
      <description>World oil prices rose by more than $US1 in Asian trade on supply concerns amid the escalating fighting between Georgia and Russia, dealers say.</description>
      <category>xml</category>
      <pubDate>11.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/580.html</guid>

    </item>
<item>
      <title>Gas price won&apos;t rise due to tax change</title>
      <link>http://www.fatcat.com.au/news/xml/578.html</link>
      <description>Gas prices will not rise as a result of a federal government decision to end a tax break on natural gas exploration, Treasury officials say.</description>
      <category>xml</category>
      <pubDate>11.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/578.html</guid>

    </item>
<item>
      <title>Fuel, mortgages create suburban stress </title>
      <link>http://www.fatcat.com.au/news/xml/577.html</link>
      <description>Economic stress caused by rising fuel and mortgage costs is creating the need for massive investment in public transport systems, according to research.</description>
      <category>xml</category>
      <pubDate>11.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/577.html</guid>

    </item>
<item>
      <title>Credit card rates at 15 year-high</title>
      <link>http://www.fatcat.com.au/news/xml/575.html</link>
      <description>Consumers are paying the highest average interest rate on their credit cards in 15 years, an analysis shows.</description>
      <category>xml</category>
      <pubDate>11.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/575.html</guid>

    </item>
<item>
      <title>Economy is strong, RBA&apos;s Corbett says</title>
      <link>http://www.fatcat.com.au/news/xml/573.html</link>
      <description>The Australian economy is resilient and will survive the US subprime crisis, says Reserve Bank of Australia board member Roger Corbett.</description>
      <category>xml</category>
      <pubDate>10.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/573.html</guid>

    </item>
<item>
      <title>Fannie Mae loss &apos;bigger than forecast&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/572.html</link>
      <description>Struggling US home finance giant Fannie Mae has reported a massive second-quarter loss of $US2.3 billion ($A2.54 billion.</description>
      <category>xml</category>
      <pubDate>09.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/572.html</guid>

    </item>
<item>
      <title>Cost of credit card use set to increase</title>
      <link>http://www.fatcat.com.au/news/xml/570.html</link>
      <description>The cost of using a credit card is expected to increase as more businesses apply a surcharge to purchases made with the plastic, a report suggests.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/570.html</guid>

    </item>
<item>
      <title>Big banks expecting rate cut in 2008</title>
      <link>http://www.fatcat.com.au/news/xml/571.html</link>
      <description>Three of Australia&apos;s big four banks now expect a cut in official interest rates in September followed by more rate relief by Christmas.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/571.html</guid>

    </item>
<item>
      <title>ANZ may not pass on interest rate cuts</title>
      <link>http://www.fatcat.com.au/news/xml/569.html</link>
      <description>The ANZ Banking Group Ltd has admitted there is no certainty it will pass on in full any interest rate cut made by the Reserve Bank of Australia.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/569.html</guid>

    </item>
<item>
      <title>Fixed rate loans lose backers</title>
      <link>http://www.fatcat.com.au/news/xml/568.html</link>
      <description>The popularity of fixed rate home loans has halved since the start of this year, in a sign that borrowers may be expecting an interest rate cut.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/568.html</guid>

    </item>
<item>
      <title>Symond steps down as Aussie boss</title>
      <link>http://www.fatcat.com.au/news/xml/564.html</link>
      <description>Aussie Home Loans boss John Symond is stepping down as chief executive of the company to focus on developing new business.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/564.html</guid>

    </item>
<item>
      <title>US jobless claims rise to six-year high</title>
      <link>http://www.fatcat.com.au/news/xml/567.html</link>
      <description>The number of newly laid off Americans signing up for jobless benefits last week unexpectedly climbed to its highest point in more than six years.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/567.html</guid>

    </item>
<item>
      <title>Pending US home sales rise 5.3%</title>
      <link>http://www.fatcat.com.au/news/xml/566.html</link>
      <description>A measurement of pending US home sales rose in June in a rare piece of positive news for the beleaguered market.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/566.html</guid>

    </item>
<item>
      <title>Fuel savings venture formed for airlines</title>
      <link>http://www.fatcat.com.au/news/xml/565.html</link>
      <description>Three airline consultancies unveiled an international joint venture to help carriers save money on fuel that has more than doubled in price in the past year.</description>
      <category>xml</category>
      <pubDate>08.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/565.html</guid>

    </item>
<item>
      <title>Jobs spike unlikely to stop rate cut</title>
      <link>http://www.fatcat.com.au/news/xml/559.html</link>
      <description>An unexpected surge in the number of full-time employees last month is unlikely to stand in the way of an interest rate cut, economists say.</description>
      <category>xml</category>
      <pubDate>07.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/559.html</guid>

    </item>
<item>
      <title>ASIC names targets amid market turmoil</title>
      <link>http://www.fatcat.com.au/news/xml/561.html</link>
      <description>ASIC is putting unlisted property schemes, credit ratings agencies and listed investment funds under its microscope.</description>
      <category>xml</category>
      <pubDate>07.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/561.html</guid>

    </item>
<item>
      <title>Constellation Brands to cut 350 jobs</title>
      <link>http://www.fatcat.com.au/news/xml/560.html</link>
      <description>US-based alcoholic drinks maker Constellation Brands will cut 350 jobs from its Australian workforce.</description>
      <category>xml</category>
      <pubDate>07.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/560.html</guid>

    </item>
<item>
      <title>Full-time jobs surge in slow economy</title>
      <link>http://www.fatcat.com.au/news/xml/562.html</link>
      <description>Employment conditions are expected to continue to soften in the coming months despite an increase in the number of jobs in July, economists say.</description>
      <category>xml</category>
      <pubDate>07.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/562.html</guid>

    </item>
<item>
      <title>Construction still on the decline</title>
      <link>http://www.fatcat.com.au/news/xml/558.html</link>
      <description>Construction activity declined for the fifth month in a row in July, despite a modest pick-up in engineering and commercial construction, a survey shows.</description>
      <category>xml</category>
      <pubDate>07.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/558.html</guid>

    </item>
<item>
      <title>Freddie Mac posts $US821m loss</title>
      <link>http://www.fatcat.com.au/news/xml/551.html</link>
      <description>Freddie Mac has reported a market-shocking loss in the second quarter as the US housing slump deepened and slashed its dividend at least 80 per cent.</description>
      <category>xml</category>
      <pubDate>07.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/551.html</guid>

    </item>
<item>
      <title>ASX surges on interest rate hopes</title>
      <link>http://www.fatcat.com.au/news/xml/550.html</link>
      <description>The Australian share market made strong gains, closing more than three per cent higher following a strong US lead and hopes of cuts to domestic interest rates.</description>
      <category>xml</category>
      <pubDate>06.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/550.html</guid>

    </item>
<item>
      <title>Housing commitments hits four year low</title>
      <link>http://www.fatcat.com.au/news/xml/548.html</link>
      <description>The number of housing finance commitments fell to the lowest level in four years in June, as record high interest rates impacted.</description>
      <category>xml</category>
      <pubDate>06.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/548.html</guid>

    </item>
<item>
      <title>Job index lower for eight straight month</title>
      <link>http://www.fatcat.com.au/news/xml/549.html</link>
      <description>The Australian job market has become more hostile for jobseekers, new figures show.</description>
      <category>xml</category>
      <pubDate>06.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/549.html</guid>

    </item>
<item>
      <title>Top 8 investment ideas you need to know about </title>
      <link>http://www.fatcat.com.au/news/Investment/135.html</link>
      <description>If you were going to limit the investing universe, which would be the top options? </description>
      <category>Investment</category>
      <pubDate>06.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/135.html</guid>

    </item>
<item>
      <title>Need a change? Hire a lifestyle coach. </title>
      <link>http://www.fatcat.com.au/news/Personal Development/136.html</link>
      <description>Apparently the movie Hitch featuring Will Smith as a date doctor ramped up demand for relationship coaches in Australia. So if you want improve your career, health, lifestyle or relationship you can now find a specialist coach. </description>
      <category>Personal Development</category>
      <pubDate>06.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Personal Development/136.html</guid>

    </item>
<item>
      <title>Business data &apos;paints scary picture&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/542.html</link>
      <description>New data showing business confidence has slumped to a 14-year low paints a &quot;very scary picture&quot; for small business, the federal opposition says.</description>
      <category>xml</category>
      <pubDate>05.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/542.html</guid>

    </item>
<item>
      <title>RBA foreshadows rates cut: economists</title>
      <link>http://www.fatcat.com.au/news/xml/541.html</link>
      <description>The RBA has signalled it is unlikely to raise rates again, as the domestic economy slows, and that the next move in rates is likely to be down, economists say.</description>
      <category>xml</category>
      <pubDate>05.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/541.html</guid>

    </item>
<item>
      <title>Property Council urges rates cut</title>
      <link>http://www.fatcat.com.au/news/xml/540.html</link>
      <description>Property Council of Australia chief executive Peter Verwer says the Reserve Bank of Australia (RBA) has erred in not dropping interest rates immediately.</description>
      <category>xml</category>
      <pubDate>05.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/540.html</guid>

    </item>
<item>
      <title>Business needs rate cut soon: ACCI</title>
      <link>http://www.fatcat.com.au/news/xml/536.html</link>
      <description>Businesses are calling for a cut in interest rates as soon as possible with confidence slumping to its lowest level in at least 14 years.</description>
      <category>xml</category>
      <pubDate>05.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/536.html</guid>

    </item>
<item>
      <title>Luxury car tax blamed for sales slide</title>
      <link>http://www.fatcat.com.au/news/xml/543.html</link>
      <description>The federal government&apos;s tax hike on luxury cars has been blamed for a fall in vehicle sales in July.</description>
      <category>xml</category>
      <pubDate>05.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/543.html</guid>

    </item>
<item>
      <title>RBA leaves rates unchanged at 7.25%</title>
      <link>http://www.fatcat.com.au/news/xml/539.html</link>
      <description>The Reserve Bank of Australia (RBA) has left official interest rates unchanged at 7.25 per cent after its board meeting in Sydney on Tuesday.</description>
      <category>xml</category>
      <pubDate>05.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/539.html</guid>

    </item>
<item>
      <title>Business &apos;concerned about petrol prices&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/533.html</link>
      <description>Australian companies say the rocketing price of fuel is their number one cost concern and most expect to raise their prices to compensate, a survey has found.</description>
      <category>xml</category>
      <pubDate>04.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/533.html</guid>

    </item>
<item>
      <title>Rates tipped to be left on hold</title>
      <link>http://www.fatcat.com.au/news/xml/529.html</link>
      <description>The RBA is universally tipped to leave interest rates on hold on Tuesday as more signs emerge of a slowing economy.</description>
      <category>xml</category>
      <pubDate>04.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/529.html</guid>

    </item>
<item>
      <title>Aussie house price index falls 0.3%</title>
      <link>http://www.fatcat.com.au/news/xml/532.html</link>
      <description>House prices fell for the first time in nearly three years in the June quarter, as rates and cost of living kept buyers on the sidelines, economists say.</description>
      <category>xml</category>
      <pubDate>04.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/532.html</guid>

    </item>
<item>
      <title>Jobs ads fall 0.3% in July: survey</title>
      <link>http://www.fatcat.com.au/news/xml/531.html</link>
      <description>The number of jobs advertised in Australia has fallen for three months in a row for the first time in seven years.</description>
      <category>xml</category>
      <pubDate>04.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/531.html</guid>

    </item>
<item>
      <title>House prices adds to economic woes</title>
      <link>http://www.fatcat.com.au/news/xml/530.html</link>
      <description>As if to add insult to injury, households struggling to cope with 12-year high mortgage rates could now find the price of their house is falling.</description>
      <category>xml</category>
      <pubDate>04.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/530.html</guid>

    </item>
<item>
      <title>Indians looking to invest in Australia</title>
      <link>http://www.fatcat.com.au/news/xml/524.html</link>
      <description>With one billion people in their home market, it may seem a little surprising Indians would look abroad for investment opportunities.</description>
      <category>xml</category>
      <pubDate>01.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/524.html</guid>

    </item>
<item>
      <title>Finance &apos;adviser&apos; on good behaviour bond</title>
      <link>http://www.fatcat.com.au/news/xml/523.html</link>
      <description>A Sydney man who gave financial advice to clients despite being unlicensed has been placed on a two-year good behaviour bond.</description>
      <category>xml</category>
      <pubDate>01.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/523.html</guid>

    </item>
<item>
      <title>O&apos;Farrell calls for infrastructure boost</title>
      <link>http://www.fatcat.com.au/news/xml/522.html</link>
      <description>NSW&apos;s opposition says the federal government should use any money it raises from an emissions trading scheme to reinvest in state infrastructure.</description>
      <category>xml</category>
      <pubDate>01.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/522.html</guid>

    </item>
<item>
      <title>Self employed face loan troubles: Choice</title>
      <link>http://www.fatcat.com.au/news/xml/519.html</link>
      <description>A consumer body fears the major banks will consolidate their hold on lending as the credit crunch forces their non-bank competitors to offer fewer products.</description>
      <category>xml</category>
      <pubDate>01.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/519.html</guid>

    </item>
<item>
      <title>Rates tipped to stay on hold at 7.25%</title>
      <link>http://www.fatcat.com.au/news/xml/518.html</link>
      <description>The Reserve Bank of Australia (RBA) is expected to leave interest rates on hold next week amid further signs that domestic demand is slowing.</description>
      <category>xml</category>
      <pubDate>01.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/518.html</guid>

    </item>
<item>
      <title>Inflation may be on its way down: survey</title>
      <link>http://www.fatcat.com.au/news/xml/521.html</link>
      <description>Inflation may have peaked and could now be easing as the price of fuel falls, a private sector survey suggests.</description>
      <category>xml</category>
      <pubDate>01.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/521.html</guid>

    </item>
<item>
      <title>Manufacturing activity at 3-year low</title>
      <link>http://www.fatcat.com.au/news/xml/517.html</link>
      <description>Australian manufacturing activity has hit a near three-year low as high interest rates slow the economy, a report shows.</description>
      <category>xml</category>
      <pubDate>01.08.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/517.html</guid>

    </item>
<item>
      <title>ECB under pressure as inflation edges up</title>
      <link>http://www.fatcat.com.au/news/xml/512.html</link>
      <description>European consumer prices jumped to a record 4.2 per cent in July, data to be released on Thursday is predicted to say.</description>
      <category>xml</category>
      <pubDate>31.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/512.html</guid>

    </item>
<item>
      <title>Property up 7.2% but major capitals fall</title>
      <link>http://www.fatcat.com.au/news/xml/511.html</link>
      <description>Australian property prices posted strong growth in the past financial year despite a string of interest rate rises.</description>
      <category>xml</category>
      <pubDate>31.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/511.html</guid>

    </item>
<item>
      <title>Coal helps post $411m trade surplus</title>
      <link>http://www.fatcat.com.au/news/xml/510.html</link>
      <description>A two per cent jump in exports in June helped the country post its second trade surplus in three months, boosted by a strong rise in coal exports.</description>
      <category>xml</category>
      <pubDate>31.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/510.html</guid>

    </item>
<item>
      <title>Retail sales fall could see rate cut</title>
      <link>http://www.fatcat.com.au/news/xml/513.html</link>
      <description>The second successive quarterly fall in Australian retail sales could bring forward an interest rate cut, economists say.</description>
      <category>xml</category>
      <pubDate>31.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/513.html</guid>

    </item>
<item>
      <title>House prices fall in most capitals</title>
      <link>http://www.fatcat.com.au/news/xml/508.html</link>
      <description>Australian house prices fell in a majority of capital cities in the June quarter as high interest rates brought about the weakest housing market in four years.</description>
      <category>xml</category>
      <pubDate>31.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/508.html</guid>

    </item>
<item>
      <title>Weak building data may impact rents: CBA</title>
      <link>http://www.fatcat.com.au/news/xml/507.html</link>
      <description>Rents could jump a further 10 per cent this year because of the worsening housing shortfall, the nation&apos;s biggest bank has warned.</description>
      <category>xml</category>
      <pubDate>30.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/507.html</guid>

    </item>
<item>
      <title>Housing weakness may impact rate cut</title>
      <link>http://www.fatcat.com.au/news/xml/505.html</link>
      <description>An 18-month low in residential building approvals should help pave the way for an eventual interest rate cut.</description>
      <category>xml</category>
      <pubDate>30.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/505.html</guid>

    </item>
<item>
      <title>Ex-IAG CEO receives $1.9m final payment</title>
      <link>http://www.fatcat.com.au/news/xml/504.html</link>
      <description>Former IAG Ltd chief executive Michael Hawker received a final payout of close to $2 million after he resigned from the general insurer in May.</description>
      <category>xml</category>
      <pubDate>30.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/504.html</guid>

    </item>
<item>
      <title>NAB customers wait for their pay</title>
      <link>http://www.fatcat.com.au/news/xml/503.html</link>
      <description>Thousands of NAB customers are waiting for their pay packets after a software error caused electronic transactions to be delayed.</description>
      <category>xml</category>
      <pubDate>30.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/503.html</guid>

    </item>
<item>
      <title>Higher rates dampen building: economists</title>
      <link>http://www.fatcat.com.au/news/xml/506.html</link>
      <description>The building market continues to weaken as high borrowing rates and construction costs weigh, raising the chance of an interest rate cut, economists say.</description>
      <category>xml</category>
      <pubDate>30.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/506.html</guid>

    </item>
<item>
      <title>Pay off your mortgage in record speed</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/127.html</link>
      <description>Some insider tricks and a bit of discipline can see you shorten the long game of paying off your mortgage quite considerably.</description>
      <category>Property &amp; Home</category>
      <pubDate>30.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/127.html</guid>

    </item>
<item>
      <title>How to pick a champion managed fund</title>
      <link>http://www.fatcat.com.au/news/Investment/128.html</link>
      <description>They may be the simplest way to invest, but with over 10,000 managed funds to choose from, trying to select a champion fund, is a daunting task.</description>
      <category>Investment</category>
      <pubDate>30.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/128.html</guid>

    </item>
<item>
      <title>Agribusiness confidence down: NAB</title>
      <link>http://www.fatcat.com.au/news/xml/500.html</link>
      <description>Agricultural industry confidence fell in the June quarter due to tough trading conditions and poor profitability, according to the NAB&apos;s latest survey.</description>
      <category>xml</category>
      <pubDate>29.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/500.html</guid>

    </item>
<item>
      <title>Aussies lead the world in managed funds</title>
      <link>http://www.fatcat.com.au/news/xml/498.html</link>
      <description>Australians lead the world in the amount of money per capita invested in managed funds, new figures show, mainly due to compulsory superannuation contributions.</description>
      <category>xml</category>
      <pubDate>29.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/498.html</guid>

    </item>
<item>
      <title>Green grants scheme &apos;open for business&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/497.html</link>
      <description>Businesses who want to develop climate-friendly products and services can apply for funding under a $75 million federal program.</description>
      <category>xml</category>
      <pubDate>29.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/497.html</guid>

    </item>
<item>
      <title>Business conditions slump: NAB index</title>
      <link>http://www.fatcat.com.au/news/xml/501.html</link>
      <description>Australian business conditions have fallen to their lowest point since the aftermath of the 2001 US terror attacks.</description>
      <category>xml</category>
      <pubDate>29.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/501.html</guid>

    </item>
<item>
      <title>Collapsed Beechwood sold to Cavasinni</title>
      <link>http://www.fatcat.com.au/news/xml/499.html</link>
      <description>Collapsed NSW home builder Beechwood Homes has been sold as a going concern to a family-owned business, Cavasinni Constructions.</description>
      <category>xml</category>
      <pubDate>29.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/499.html</guid>

    </item>
<item>
      <title>Super return good over long term: Sherry</title>
      <link>http://www.fatcat.com.au/news/xml/492.html</link>
      <description>The government is reassuring super funds members that the long-term return on their retirement savings is still very good despite a worst-ever annual result.</description>
      <category>xml</category>
      <pubDate>29.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/492.html</guid>

    </item>
<item>
      <title>Rex cuts fuel surcharge by $4 a sector</title>
      <link>http://www.fatcat.com.au/news/xml/490.html</link>
      <description>Rural carrier Regional Express (Rex) has cut the fuel surcharge on its airfares by $4 per sector, after the recent decline in global oil prices.</description>
      <category>xml</category>
      <pubDate>28.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/490.html</guid>

    </item>
<item>
      <title>Super funds returns &apos;worst since 1992&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/491.html</link>
      <description>Superannuation funds have posted their worst performance since compulsory super was introduced in July 1992, a survey shows.</description>
      <category>xml</category>
      <pubDate>28.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/491.html</guid>

    </item>
<item>
      <title>Accountants in demand as firms cut costs</title>
      <link>http://www.fatcat.com.au/news/xml/486.html</link>
      <description>Demand for accounting and finance professionals has intensified as companies seek to cut costs in a slowing economy, an international recruiter says.</description>
      <category>xml</category>
      <pubDate>28.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/486.html</guid>

    </item>
<item>
      <title>Car parts sector must restructure faster</title>
      <link>http://www.fatcat.com.au/news/xml/485.html</link>
      <description>The Australian car parts sector is being urged to restructure faster to survive the effects of globalisation, a high $A, rising costs and climate change issues.</description>
      <category>xml</category>
      <pubDate>28.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/485.html</guid>

    </item>
<item>
      <title>NAB business confidence lowest since &apos;91</title>
      <link>http://www.fatcat.com.au/news/xml/484.html</link>
      <description>Business confidence has fallen to the lowest quarterly level since the 1991 recession, a survey shows.</description>
      <category>xml</category>
      <pubDate>28.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/484.html</guid>

    </item>
<item>
      <title>Home sales increase 4% in June: HIA</title>
      <link>http://www.fatcat.com.au/news/xml/488.html</link>
      <description>There was a mild increase in the number of new homes sold last month but that did little to alter the tough start to 2008 for the housing industry.</description>
      <category>xml</category>
      <pubDate>28.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/488.html</guid>

    </item>
<item>
      <title>Bank bond insurance strong: RBA</title>
      <link>http://www.fatcat.com.au/news/xml/482.html</link>
      <description>Spreads on all bonds relative to top rated Commonwealth government bonds have increased due to recent credit market turmoil, the RBA said.</description>
      <category>xml</category>
      <pubDate>28.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/482.html</guid>

    </item>
<item>
      <title>Youth empathise with parents&apos; struggle</title>
      <link>http://www.fatcat.com.au/news/xml/480.html</link>
      <description>Young Australians say they are aware how rising cost of living pressures effect not only their quality of life but also that of their parents, a survey finds.</description>
      <category>xml</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/480.html</guid>

    </item>
<item>
      <title>Banks should take over pay-day loans</title>
      <link>http://www.fatcat.com.au/news/xml/481.html</link>
      <description>Banks should take over the role of pay-day lenders by offering small, short-term loans in a nationally regulated market, a visiting academic says.</description>
      <category>xml</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/481.html</guid>

    </item>
<item>
      <title>Australian expats earn well: survey</title>
      <link>http://www.fatcat.com.au/news/xml/479.html</link>
      <description>Forget the backpacker grunge image, almost 40 per cent of Australian expatriates living overseas earn more than $208,000 a year, a survey finds.</description>
      <category>xml</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/479.html</guid>

    </item>
<item>
      <title>Surging bank charges hurting SMEs</title>
      <link>http://www.fatcat.com.au/news/xml/478.html</link>
      <description>Australia&apos;s biggest commercial credit check firm fears surging borrowing costs will see many small businesses struggle to cope with higher debts.</description>
      <category>xml</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/478.html</guid>

    </item>
<item>
      <title>PM won&apos;t say if govt can stop rate rises</title>
      <link>http://www.fatcat.com.au/news/xml/477.html</link>
      <description>Prime Minister Kevin Rudd has avoided saying whether the government could stop banks raising loan interest rates independently of the Reserve Bank.</description>
      <category>xml</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/477.html</guid>

    </item>
<item>
      <title>Easy tips to lower car fuel bill</title>
      <link>http://www.fatcat.com.au/news/xml/476.html</link>
      <description>There are simple steps motorists can take to lower their fuel bill, a leading automobile organisation says.</description>
      <category>xml</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/476.html</guid>

    </item>
<item>
      <title>Mortgage stress tipped to hit 1m by Xmas</title>
      <link>http://www.fatcat.com.au/news/xml/475.html</link>
      <description>Higher interest rates are tipped to force more than a million Australian households into a state of mortgage stress by the end of the year, a new report says.</description>
      <category>xml</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/475.html</guid>

    </item>
<item>
      <title>Mortgage stress tipped to hit 1m</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/122.html</link>
      <description>Higher interest rates are tipped to force more than a million Australian households into a state of mortgage stress.</description>
      <category>Property &amp; Home</category>
      <pubDate>25.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/122.html</guid>

    </item>
<item>
      <title>NZ rate cut could be sign for Australia</title>
      <link>http://www.fatcat.com.au/news/xml/474.html</link>
      <description>The first New Zealand interest rate cut in five years may be good news for Australian home buyers.</description>
      <category>xml</category>
      <pubDate>24.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/474.html</guid>

    </item>
<item>
      <title>Inflation &apos;uncomfortably high&apos;: CBA boss</title>
      <link>http://www.fatcat.com.au/news/xml/473.html</link>
      <description>Commonwealth Bank of Australia chief executive Ralph Norris said there were clear signs that the Australian economy was slowing.</description>
      <category>xml</category>
      <pubDate>24.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/473.html</guid>

    </item>
<item>
      <title>CBA lags in customer satisfaction</title>
      <link>http://www.fatcat.com.au/news/xml/472.html</link>
      <description>Commonwealth Bank of Australia Ltd (CBA) has achieved a large improvement in customer satisfaction ratings at its business bank.</description>
      <category>xml</category>
      <pubDate>24.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/472.html</guid>

    </item>
<item>
      <title>US House approves mammoth housing bill</title>
      <link>http://www.fatcat.com.au/news/xml/471.html</link>
      <description>The US House of Representatives has approved a wide-ranging housing rescue plan aimed at helping thousands of homeowners avoid foreclosure.</description>
      <category>xml</category>
      <pubDate>24.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/471.html</guid>

    </item>
<item>
      <title>Retail property market holds strong</title>
      <link>http://www.fatcat.com.au/news/xml/469.html</link>
      <description>Retail property vacancies remain low despite tougher economic times, a leading property analyst says.</description>
      <category>xml</category>
      <pubDate>23.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/469.html</guid>

    </item>
<item>
      <title>Borrowers baulk at fixed rate loans</title>
      <link>http://www.fatcat.com.au/news/xml/468.html</link>
      <description>The demand for fixed rate home loans fell in June as borrowers don&apos;t want to be locked into high interest rates that may begin to ease again, a new study finds.</description>
      <category>xml</category>
      <pubDate>23.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/468.html</guid>

    </item>
<item>
      <title>Fall in skilled vacancies widens</title>
      <link>http://www.fatcat.com.au/news/xml/466.html</link>
      <description>Vacancies fell in all three occupational groups in July with professional vacancies falling 0.8 per cent and associate professionals down 0.5 per cent.</description>
      <category>xml</category>
      <pubDate>23.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/466.html</guid>

    </item>
<item>
      <title>Annual inflation rate up to 4.5%</title>
      <link>http://www.fatcat.com.au/news/xml/470.html</link>
      <description>Inflation may have hit a fresh seven-year high but there is a glimmer of hope interest rates could still be cut early next year, economists say.</description>
      <category>xml</category>
      <pubDate>23.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/470.html</guid>

    </item>
<item>
      <title>Falling sentiment hurting investment</title>
      <link>http://www.fatcat.com.au/news/xml/464.html</link>
      <description>There are early signs that weak business sentiment and high interest rates are curtailing investment plans in infrastructure projects, Access Economics says.</description>
      <category>xml</category>
      <pubDate>23.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/464.html</guid>

    </item>
<item>
      <title>Hope of rate relief for borrowers</title>
      <link>http://www.fatcat.com.au/news/xml/463.html</link>
      <description>Borrowers have been given some hope of respite from further interest rate pain amid suggestions the RBA is less concerned about inflation.</description>
      <category>xml</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/463.html</guid>

    </item>
<item>
      <title>Rising rates worrying borrowers: survey</title>
      <link>http://www.fatcat.com.au/news/xml/462.html</link>
      <description>Rising interest rates have overtaken concerns about job loss or illness as the biggest worry facing home loan borrowers, a new survey shows.</description>
      <category>xml</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/462.html</guid>

    </item>
<item>
      <title>CPI to keep RBA on sidelines: economists</title>
      <link>http://www.fatcat.com.au/news/xml/460.html</link>
      <description>A reluctance by businesses to pass on all of their higher production costs has eased fears inflation figures will force an interest rate rise, economists say.</description>
      <category>xml</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/460.html</guid>

    </item>
<item>
      <title>Peak oil arrives in Australia: report</title>
      <link>http://www.fatcat.com.au/news/xml/459.html</link>
      <description>Oil production in Australia has already peaked and the alternative fuels industry needs to be dramatically ramped up in response, an expert research group says.</description>
      <category>xml</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/459.html</guid>

    </item>
<item>
      <title>Qantas passenger revenues up 4.3%</title>
      <link>http://www.fatcat.com.au/news/xml/456.html</link>
      <description>Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.</description>
      <category>xml</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/456.html</guid>

    </item>
<item>
      <title>Russia bans four Australian meat plants</title>
      <link>http://www.fatcat.com.au/news/xml/457.html</link>
      <description>Four Australian meat processing plants temporarily banned from exporting their products to Russia have been singled out because of &quot;microbial contamination&quot;.</description>
      <category>xml</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/457.html</guid>

    </item>
<item>
      <title>Where are interest rates headed? </title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/119.html</link>
      <description>If we are headed for bleak times with interest rates remaining high and rising inflation - what should homeowners do to safeguard their situation? </description>
      <category>Property &amp; Home</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/119.html</guid>

    </item>
<item>
      <title>Having a millionaire&apos;s mindset </title>
      <link>http://www.fatcat.com.au/news/Millionaire Mindset/118.html</link>
      <description>To become a millionaire you need to think like one says world expert.  </description>
      <category>Millionaire Mindset</category>
      <pubDate>22.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Millionaire Mindset/118.html</guid>

    </item>
<item>
      <title>Growth, inflation to slow: survey</title>
      <link>http://www.fatcat.com.au/news/xml/453.html</link>
      <description>Australian economic growth will slow in 2008 as the global economy struggles against the credit crunch and high inflation, a survey has found.</description>
      <category>xml</category>
      <pubDate>21.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/453.html</guid>

    </item>
<item>
      <title>Weaker prices &apos;good sign for inflation&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/454.html</link>
      <description>A lower increase in the price businesses charge each other for goods and services has economists cutting back expectations of a high inflation figure.</description>
      <category>xml</category>
      <pubDate>21.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/454.html</guid>

    </item>
<item>
      <title>Economic slowdown set to linger: Access</title>
      <link>http://www.fatcat.com.au/news/xml/448.html</link>
      <description>The global economic slowdown looks set to linger into 2009 as developed countries start to lift interest rates, independent forecaster Access Economics says.</description>
      <category>xml</category>
      <pubDate>21.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/448.html</guid>

    </item>
<item>
      <title>ACCC keeps mum on grocery price inquiry</title>
      <link>http://www.fatcat.com.au/news/xml/447.html</link>
      <description>Australian Competition and Consumer Commission chairman Graeme Samuel doubts the consumer watchdog can meet public expectations.</description>
      <category>xml</category>
      <pubDate>20.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/447.html</guid>

    </item>
<item>
      <title>UK economy &apos;worse off than expected&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/446.html</link>
      <description>Britain&apos;s economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling says.</description>
      <category>xml</category>
      <pubDate>19.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/446.html</guid>

    </item>
<item>
      <title>Federal budget surplus at $18.7 billion</title>
      <link>http://www.fatcat.com.au/news/xml/445.html</link>
      <description>The federal government&apos;s 2007-08 budget surplus stood at $18.708 billion in the year to May, Finance Minister Lindsay Tanner says.</description>
      <category>xml</category>
      <pubDate>18.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/445.html</guid>

    </item>
<item>
      <title>Export rise buffets Aussie economy</title>
      <link>http://www.fatcat.com.au/news/xml/442.html</link>
      <description>Export and import prices are not headline-grabbers, but they can still tell us a lot about the forces buffeting the Australian economy.</description>
      <category>xml</category>
      <pubDate>18.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/442.html</guid>

    </item>
<item>
      <title>High inflation unlikely to trigger rates</title>
      <link>http://www.fatcat.com.au/news/xml/443.html</link>
      <description>Inflation is expected to have remained high in the June quarter, but economists say it&apos;s unlikely to force the central bank toward another interest rate rise.</description>
      <category>xml</category>
      <pubDate>18.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/443.html</guid>

    </item>
<item>
      <title>Non-bank lenders lose home loans share</title>
      <link>http://www.fatcat.com.au/news/xml/441.html</link>
      <description>Non-bank lenders have seen their share of the home loan market slashed by two-thirds in the past year.</description>
      <category>xml</category>
      <pubDate>18.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/441.html</guid>

    </item>
<item>
      <title>Qantas cuts could be the first of many</title>
      <link>http://www.fatcat.com.au/news/xml/444.html</link>
      <description>Qantas shedding staff is the clearest signal yet that the strength of the labour market is turning and more companies could follow suit, economists say.</description>
      <category>xml</category>
      <pubDate>17.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/444.html</guid>

    </item>
<item>
      <title>Companies risk losing retention leases</title>
      <link>http://www.fatcat.com.au/news/xml/438.html</link>
      <description>Companies risk having their petroleum retention leases stripped from them by the Australian government if they elect not to develop viable fields.</description>
      <category>xml</category>
      <pubDate>17.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/438.html</guid>

    </item>
<item>
      <title>US automotive plant to close in Adelaide</title>
      <link>http://www.fatcat.com.au/news/xml/436.html</link>
      <description>American-based car component producer Cooper-Standard Automotive is to close it Adelaide manufacturing operations with the loss of more than 100 jobs.</description>
      <category>xml</category>
      <pubDate>17.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/436.html</guid>

    </item>
<item>
      <title>Lowy rejects tax avoidance accusations</title>
      <link>http://www.fatcat.com.au/news/xml/435.html</link>
      <description>Billionaire Australian businessman Frank Lowy has rejected accusations in the US that he or members of his family have tried to avoid their tax obligations.</description>
      <category>xml</category>
      <pubDate>17.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/435.html</guid>

    </item>
<item>
      <title>SMEs will be affected by carbon trading</title>
      <link>http://www.fatcat.com.au/news/xml/434.html</link>
      <description>It is not just the nation&apos;s largest firms that will feel the impact of a carbon constrained environment, a non-profit organisation warns.</description>
      <category>xml</category>
      <pubDate>17.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/434.html</guid>

    </item>
<item>
      <title>Credit card debt lowest in 14 years</title>
      <link>http://www.fatcat.com.au/news/xml/437.html</link>
      <description>Australian credit card debt levels have posted their slowest annual growth in 14 years as higher interest rates deter consumers from opening their wallets.</description>
      <category>xml</category>
      <pubDate>17.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/437.html</guid>

    </item>
<item>
      <title>Tighter monetary policy is working: RBA</title>
      <link>http://www.fatcat.com.au/news/xml/430.html</link>
      <description>RBA governor Glenn Stevens has indicated the central bank is more confident that tighter monetary policy is helping to slow domestic demand and curb inflation.</description>
      <category>xml</category>
      <pubDate>16.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/430.html</guid>

    </item>
<item>
      <title>Aussie equity markets &apos;offer long value&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/431.html</link>
      <description>Australian and international equity markets are offering extraordinary long-term investment value according to Russell Investments&apos; Markets Barometer.</description>
      <category>xml</category>
      <pubDate>16.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/431.html</guid>

    </item>
<item>
      <title>Economy to record below trend growth</title>
      <link>http://www.fatcat.com.au/news/xml/428.html</link>
      <description>The Australian economy is expected to record below trend growth for the rest of the year and into 2009, a survey shows.</description>
      <category>xml</category>
      <pubDate>16.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/428.html</guid>

    </item>
<item>
      <title>Setting up a home-based business</title>
      <link>http://www.fatcat.com.au/news/Your Money/109.html</link>
      <description>A desire for flexibility and independence is driving the rapid growth of home-based businesses in Australia</description>
      <category>Your Money</category>
      <pubDate>16.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Your Money/109.html</guid>

    </item>
<item>
      <title>Westpac lifts home loan rates by 0.14%</title>
      <link>http://www.fatcat.com.au/news/xml/427.html</link>
      <description>Westpac Bank has lifted its standard variable mortgage rate by 14 basis points.</description>
      <category>xml</category>
      <pubDate>15.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/427.html</guid>

    </item>
<item>
      <title>Further RBA rate rises &apos;unlikely&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/426.html</link>
      <description>Tighter financial conditions and record high petrol prices are tipped to slow domestic demand and prevent the RBA from raising interest rates again.</description>
      <category>xml</category>
      <pubDate>15.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/426.html</guid>

    </item>
<item>
      <title>Keeping up with the Joneses - on a budget</title>
      <link>http://www.fatcat.com.au/news/Savings Tips/111.html</link>
      <description>Everyone knows people like the Joneses. Always beautifully dressed, they travel in style and own the latest gadgets.</description>
      <category>Savings Tips</category>
      <pubDate>15.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Savings Tips/111.html</guid>

    </item>
<item>
      <title>NAB follows big banks in rates hike</title>
      <link>http://www.fatcat.com.au/news/xml/418.html</link>
      <description>National Australia Bank has followed its big bank rivals by raising mortgage lending rates independently of the Reserve Bank of Australia.</description>
      <category>xml</category>
      <pubDate>14.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/418.html</guid>

    </item>
<item>
      <title>US Treasury supports mortgage giants</title>
      <link>http://www.fatcat.com.au/news/xml/417.html</link>
      <description>US Treasury Secretary Henry Paulson has announced measures to shore up mortgage giants Fannie Mae and Freddie Mac.</description>
      <category>xml</category>
      <pubDate>14.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/417.html</guid>

    </item>
<item>
      <title>Australians carry less cash</title>
      <link>http://www.fatcat.com.au/news/xml/415.html</link>
      <description>Australians are among the world&apos;s most unlikely users of hard cash, and feel the most uncomfortable about carrying big wads of it in their wallets.</description>
      <category>xml</category>
      <pubDate>14.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/415.html</guid>

    </item>
<item>
      <title>Lending finance posts huge slump</title>
      <link>http://www.fatcat.com.au/news/xml/416.html</link>
      <description>Australian lending finance has posted its biggest annual fall in 16 years as slumping consumer sentiment wards off business borrowing.</description>
      <category>xml</category>
      <pubDate>14.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/416.html</guid>

    </item>
<item>
      <title>James Murdoch bypasses dad in power list</title>
      <link>http://www.fatcat.com.au/news/xml/412.html</link>
      <description>Media mogul Rupert Murdoch, chairman of News Corp, was overtaken by his son James for the first time in a ranking of the most powerful figures in British media.</description>
      <category>xml</category>
      <pubDate>14.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/412.html</guid>

    </item>
<item>
      <title>Property values plummet</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/104.html</link>
      <description>Plummeting property values have prompted warnings Australia is heading for a one in a 100 year slump</description>
      <category>Property &amp; Home</category>
      <pubDate>13.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/104.html</guid>

    </item>
<item>
      <title>Fannie, Freddie pushed to meltdown brink</title>
      <link>http://www.fatcat.com.au/news/xml/411.html</link>
      <description>US mortgage finance giants Fannie Mae and Freddie Mac have been pushed to the brink of a stock meltdown on heightened concerns about the viability of the firms.</description>
      <category>xml</category>
      <pubDate>12.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/411.html</guid>

    </item>
<item>
      <title>Big banks bump up mortgage rates</title>
      <link>http://www.fatcat.com.au/news/xml/409.html</link>
      <description>Commonwealth Bank and ANZ have ramped up their benchmark mortgage rates just days after the RBA said there was no need to lift official rates.</description>
      <category>xml</category>
      <pubDate>11.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/409.html</guid>

    </item>
<item>
      <title>One in five choose debt over bankruptcy</title>
      <link>http://www.fatcat.com.au/news/xml/410.html</link>
      <description>One in five struggling borrowers facing financial ruin are choosing debt arrangements over bankruptcy, which is running near record highs.</description>
      <category>xml</category>
      <pubDate>11.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/410.html</guid>

    </item>
<item>
      <title>Credit crisis to crunch harder</title>
      <link>http://www.fatcat.com.au/news/xml/405.html</link>
      <description>Nearly half of Australian businesses have been affected by the fallout from the global crunch and it may get worse, a credit insurance company says.</description>
      <category>xml</category>
      <pubDate>11.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/405.html</guid>

    </item>
<item>
      <title>Commonwealth Bank hikes home loans</title>
      <link>http://www.fatcat.com.au/news/xml/407.html</link>
      <description>Commonwealth Bank has ramped up its benchmark mortgage rate by 0.14 per cent a week or so after the RBA said there was no need to lift official rates higher.</description>
      <category>xml</category>
      <pubDate>11.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/407.html</guid>

    </item>
<item>
      <title>Jobless falls, rate rise still possible</title>
      <link>http://www.fatcat.com.au/news/xml/402.html</link>
      <description>An unexpected drop in the jobless rate to 4.2 per cent suggests that another interest rate rise cannot be ruled out just yet, economists say.</description>
      <category>xml</category>
      <pubDate>10.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/402.html</guid>

    </item>
<item>
      <title>Families using credit to make ends meet</title>
      <link>http://www.fatcat.com.au/news/xml/400.html</link>
      <description>Struggling families are turning to credit cards to make ends meet, a recent survey reveals.</description>
      <category>xml</category>
      <pubDate>10.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/400.html</guid>

    </item>
<item>
      <title>Unemployment rate 4.2% in June</title>
      <link>http://www.fatcat.com.au/news/xml/399.html</link>
      <description>Australia&apos;s unemployment rate was a seasonally adjusted 4.2 per cent in June, compared to an unrevised 4.3 per cent in May, figures from the ABS show.</description>
      <category>xml</category>
      <pubDate>10.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/399.html</guid>

    </item>
<item>
      <title>RBA must act quickly on rates: IMF</title>
      <link>http://www.fatcat.com.au/news/xml/395.html</link>
      <description>The IMF says inflation risks in Australia are &quot;clearly on the upside&quot; and the RBA should be quick to lift rates if economic growth does not slow as expected.</description>
      <category>xml</category>
      <pubDate>10.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/395.html</guid>

    </item>
<item>
      <title>Inflation expectations stay at new peak</title>
      <link>http://www.fatcat.com.au/news/xml/401.html</link>
      <description>Concerns about a slowing economy are failing to ease record-high consumer expectations for inflation - and petrol prices are getting the blame.</description>
      <category>xml</category>
      <pubDate>10.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/401.html</guid>

    </item>
<item>
      <title>Wall St tumbles as Dow loses 230 points</title>
      <link>http://www.fatcat.com.au/news/xml/393.html</link>
      <description>Wall Street tumbled Wednesday as investors grappled with renewed worries about the soundness of the financial sector.</description>
      <category>xml</category>
      <pubDate>10.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/393.html</guid>

    </item>
<item>
      <title>Home loans fall - RBA on track</title>
      <link>http://www.fatcat.com.au/news/xml/392.html</link>
      <description>The biggest monthly fall in the number of home loans approvals in eight years suggests the RBA&apos;s bid to slow the economy and push inflation down is working.</description>
      <category>xml</category>
      <pubDate>09.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/392.html</guid>

    </item>
<item>
      <title>Consumers in &apos;recession-like&apos; gloom</title>
      <link>http://www.fatcat.com.au/news/xml/390.html</link>
      <description>Consumers are nearly as gloomy as they were in the last recession with 12-year-high interest rates, record petrol prices and general inflation pressures.</description>
      <category>xml</category>
      <pubDate>09.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/390.html</guid>

    </item>
<item>
      <title>Index points to slower employment growth</title>
      <link>http://www.fatcat.com.au/news/xml/389.html</link>
      <description>The federal government&apos;s leading indicator of employment growth is pointing to a slower pace after falling for six consecutive months.</description>
      <category>xml</category>
      <pubDate>09.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/389.html</guid>

    </item>
<item>
      <title>Loan approvals fall, rates rocket</title>
      <link>http://www.fatcat.com.au/news/xml/387.html</link>
      <description>The number of home loan approvals fell for the fourth straight month as 12-year high interest rates continue to bite, economists say.
</description>
      <category>xml</category>
      <pubDate>09.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/387.html</guid>

    </item>
<item>
      <title>Consumer sentiment falls, lowest level</title>
      <link>http://www.fatcat.com.au/news/xml/388.html</link>
      <description>Australian consumer sentiment fell to its lowest level in 16 years as petrol prices climbed to new highs, a leading economic indicator shows.</description>
      <category>xml</category>
      <pubDate>09.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/388.html</guid>

    </item>
<item>
      <title>Winners of the FatCat Gold Giveaway</title>
      <link>http://www.fatcat.com.au/news/Investment/100.html</link>
      <description>So who won the gold? That&apos;s the $10,000 question. More than 22,000 investors and traders went into the draw to win the CompareShares gold giveaway.</description>
      <category>Investment</category>
      <pubDate>09.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Investment/100.html</guid>

    </item>
<item>
      <title>Global financial markets strained: G8</title>
      <link>http://www.fatcat.com.au/news/xml/382.html</link>
      <description>Leaders of the Group of Eight powers said &quot;serious strains&quot; remained on global financial markets, despite improvements in recent months.</description>
      <category>xml</category>
      <pubDate>08.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/382.html</guid>

    </item>
<item>
      <title>Scooter sales soar as petrol prices bite</title>
      <link>http://www.fatcat.com.au/news/xml/381.html</link>
      <description>Australians are turning to scooters to combat escalating petrol prices.</description>
      <category>xml</category>
      <pubDate>08.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/381.html</guid>

    </item>
<item>
      <title>New homes costly as steel prices jump</title>
      <link>http://www.fatcat.com.au/news/xml/380.html</link>
      <description>The cost of building an average new home has jumped by at least $2,000 because of a spike in global steel prices, a building industry body says.</description>
      <category>xml</category>
      <pubDate>08.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/380.html</guid>

    </item>
<item>
      <title>Business conditions fall: survey reports</title>
      <link>http://www.fatcat.com.au/news/xml/383.html</link>
      <description>Business conditions deteriorated sharply and unexpectedly in June as costs continue to rise and confidence falls, a survey says.</description>
      <category>xml</category>
      <pubDate>08.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/383.html</guid>

    </item>
<item>
      <title>Business braces for tough time: survey</title>
      <link>http://www.fatcat.com.au/news/xml/377.html</link>
      <description>Businesses are bracing for a grim start to the new financial year as they continue battling soaring fuel costs and difficult credit conditions, a report says.</description>
      <category>xml</category>
      <pubDate>08.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/377.html</guid>

    </item>
<item>
      <title>Young multi-millionaires</title>
      <link>http://www.fatcat.com.au/news/Millionaire Mindset/98.html</link>
      <description>Is there a formula for making loads of money? If so, the mega rich, high achievers that we have chosen to feature in our &apos;wealth creation&apos; series, know the answer and more importantly, know how to apply it.</description>
      <category>Millionaire Mindset</category>
      <pubDate>08.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Millionaire Mindset/98.html</guid>

    </item>
<item>
      <title>Wage ruling for low-paid set for Tuesday</title>
      <link>http://www.fatcat.com.au/news/xml/374.html</link>
      <description>Low-wage earners will find out on Tuesday how much of a pay rise the country can afford to give them in the face of warnings about inflation.</description>
      <category>xml</category>
      <pubDate>07.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/374.html</guid>

    </item>
<item>
      <title>Banks don&apos;t offer value on credit cards</title>
      <link>http://www.fatcat.com.au/news/xml/375.html</link>
      <description>Almost 70 per cent of Australians believe the country&apos;s four largest banks are failing to provide their customers value for money on their credit cards.</description>
      <category>xml</category>
      <pubDate>07.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/375.html</guid>

    </item>
<item>
      <title>Business to &apos;hoard&apos; labour: economists</title>
      <link>http://www.fatcat.com.au/news/xml/376.html</link>
      <description>Workers fearing their jobs are about to become redundant as the economic slowdown bites may gain a reprieve because of the skills shortage.</description>
      <category>xml</category>
      <pubDate>07.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/376.html</guid>

    </item>
<item>
      <title>NZ may be in recession: Treasury</title>
      <link>http://www.fatcat.com.au/news/xml/373.html</link>
      <description>New Zealand may already be in recession, a monthly Treasury report says.</description>
      <category>xml</category>
      <pubDate>07.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/373.html</guid>

    </item>
<item>
      <title>Building industry woes continue: survey</title>
      <link>http://www.fatcat.com.au/news/xml/372.html</link>
      <description>Higher interest rates, tighter funding costs and lower confidence levels have continued to hamper the construction industry, a survey says.</description>
      <category>xml</category>
      <pubDate>07.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/372.html</guid>

    </item>
<item>
      <title>Aussie heads global architects&apos; group</title>
      <link>http://www.fatcat.com.au/news/xml/371.html</link>
      <description>An Australian has been appointed head of the world&apos;s top architecture body - the 1.3 million-member International Union of Architects (UIA).</description>
      <category>xml</category>
      <pubDate>06.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/371.html</guid>

    </item>
<item>
      <title>St George lifts rates in spite of RBA</title>
      <link>http://www.fatcat.com.au/news/xml/369.html</link>
      <description>St George Bank has sparked fears of another round of interest rate rises by the major banks after raising its standard mortgage rate.</description>
      <category>xml</category>
      <pubDate>04.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/369.html</guid>

    </item>
<item>
      <title>Banks deny change in lending criteria</title>
      <link>http://www.fatcat.com.au/news/xml/370.html</link>
      <description>Australian banks say they haven&apos;t tightened their lending criteria, as a mortgage broker claimed that more people were finding it harder to get a home loan.</description>
      <category>xml</category>
      <pubDate>04.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/370.html</guid>

    </item>
<item>
      <title>St George lifts rates by 0.20 per cent</title>
      <link>http://www.fatcat.com.au/news/xml/368.html</link>
      <description>St George Bank has lifted its standard variable home loan rate by 0.20 per cent to 9.67 per cent.</description>
      <category>xml</category>
      <pubDate>04.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/368.html</guid>

    </item>
<item>
      <title>Home loans, rent hurting more than fuel</title>
      <link>http://www.fatcat.com.au/news/xml/364.html</link>
      <description>Home loan repayments and rent are hurting struggling borrowers much more than high petrol prices, data shows.</description>
      <category>xml</category>
      <pubDate>04.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/364.html</guid>

    </item>
<item>
      <title>Federal plan for loans industry welcomed</title>
      <link>http://www.fatcat.com.au/news/xml/365.html</link>
      <description>The federal government&apos;s plan to take over all state-based consumer credit laws will weed out dubious home loan brokers, Australia&apos;s mortgage industry says.</description>
      <category>xml</category>
      <pubDate>04.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/365.html</guid>

    </item>
<item>
      <title>Former Refco CEO sentenced to 16 years</title>
      <link>http://www.fatcat.com.au/news/xml/362.html</link>
      <description>Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison for fleecing investors of more than $2.4 billion.</description>
      <category>xml</category>
      <pubDate>04.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/362.html</guid>

    </item>
<item>
      <title>Fed&apos;s Bear portfolio shrinks over $1b</title>
      <link>http://www.fatcat.com.au/news/xml/363.html</link>
      <description>The US Federal Reserve&apos;s portfolio of Bear Stearns assets has lost more than $US1 billion of its original value.</description>
      <category>xml</category>
      <pubDate>04.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/363.html</guid>

    </item>
<item>
      <title>Australia in &apos;mortgage recession&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/360.html</link>
      <description>Sales of mortgages continue to fall, prompting Australia&apos;s biggest mortgage broker to declare the nation is in a &quot;mortgage recession&quot;.</description>
      <category>xml</category>
      <pubDate>03.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/360.html</guid>

    </item>
<item>
      <title>Auto industry defies surging fuel costs</title>
      <link>http://www.fatcat.com.au/news/xml/361.html</link>
      <description>Australia&apos;s auto industry continues to defy surging petrol prices and higher interest rates, posting a record sales result over the first half of 2008.</description>
      <category>xml</category>
      <pubDate>03.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/361.html</guid>

    </item>
<item>
      <title>Australia returns to trade deficit</title>
      <link>http://www.fatcat.com.au/news/xml/358.html</link>
      <description>Australia&apos;s trade balance returned to a deficit in May after posting its first surplus in six years the previous month.</description>
      <category>xml</category>
      <pubDate>03.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/358.html</guid>

    </item>
<item>
      <title>Services sector sinks to record low</title>
      <link>http://www.fatcat.com.au/news/xml/352.html</link>
      <description>Australia&apos;s services sector performance has fallen to a record low and contracted for the third successive month.</description>
      <category>xml</category>
      <pubDate>03.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/352.html</guid>

    </item>
<item>
      <title>Aussie stock market lowest in two years</title>
      <link>http://www.fatcat.com.au/news/xml/355.html</link>
      <description>The Australian stock market has fallen below 5,000 points for the first time in almost two years.</description>
      <category>xml</category>
      <pubDate>03.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/355.html</guid>

    </item>
<item>
      <title>Commercial property sales at 15-year low</title>
      <link>http://www.fatcat.com.au/news/xml/350.html</link>
      <description>The value of commercial property sales worth more than $5 million each has fallen to its lowest level in 15 years, research by CB Richard Ellis has revealed.</description>
      <category>xml</category>
      <pubDate>02.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/350.html</guid>

    </item>
<item>
      <title>Retail trade lifts 0.7% in May</title>
      <link>http://www.fatcat.com.au/news/xml/348.html</link>
      <description>Australian retail trade at current prices rose 0.7 per cent in May to a seasonally adjusted $20.240 billion, ABS figures show.</description>
      <category>xml</category>
      <pubDate>02.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/348.html</guid>

    </item>
<item>
      <title>Building approvals fall 6.5% in May</title>
      <link>http://www.fatcat.com.au/news/xml/347.html</link>
      <description>Australian building approvals fell 6.5 per cent to 12,438 units in May, seasonally adjusted, the Australian Bureau of Statistics said.</description>
      <category>xml</category>
      <pubDate>02.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/347.html</guid>

    </item>
<item>
      <title>Skilled vacancies fell 0.1% in June</title>
      <link>http://www.fatcat.com.au/news/xml/346.html</link>
      <description>Skilled vacancies fell 0.1 cent in June, Department of Education, Employment and Workplace Relations (DEEWR) data shows.</description>
      <category>xml</category>
      <pubDate>02.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/346.html</guid>

    </item>
<item>
      <title>Business urges COAG to work together</title>
      <link>http://www.fatcat.com.au/news/xml/345.html</link>
      <description>The nation&apos;s peak business body is urging the federal and state governments to put aside parochial differences.</description>
      <category>xml</category>
      <pubDate>02.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/345.html</guid>

    </item>
<item>
      <title>Property hot spots</title>
      <link>http://www.fatcat.com.au/news/Property &amp; Home/91.html</link>
      <description>Some argue that we&apos;ve hit the bottom of the 10-year housing cycle. So if the recovery is now underway, where is it taking place?</description>
      <category>Property &amp; Home</category>
      <pubDate>02.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Property &amp; Home/91.html</guid>

    </item>
<item>
      <title>Fast track to a six-figure salary</title>
      <link>http://www.fatcat.com.au/news/Your Money/92.html</link>
      <description>What would you do with a six figure salary? Buy a new car? Holiday overseas every year? Buy your first home or investment property? If that&apos;s got you going, stop dreaming and consider what do you really have to do to earn the big bucks.</description>
      <category>Your Money</category>
      <pubDate>02.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/Your Money/92.html</guid>

    </item>
<item>
      <title>New home sales weaken in May</title>
      <link>http://www.fatcat.com.au/news/xml/343.html</link>
      <description>The impact of high interest rates and growing cost of living pressures continue to be felt in the housing sector, with new home sales falling in May.</description>
      <category>xml</category>
      <pubDate>01.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/343.html</guid>

    </item>
<item>
      <title>Wizard chair welcomes RBA rates decision</title>
      <link>http://www.fatcat.com.au/news/xml/341.html</link>
      <description>The decision by the central bank to leave official interest rates unchanged was a welcome reprieve for home owners, Wizard Homes Loans chair Mark Bouris says.</description>
      <category>xml</category>
      <pubDate>01.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/341.html</guid>

    </item>
<item>
      <title>RBA at end of rate hikes: economists</title>
      <link>http://www.fatcat.com.au/news/xml/344.html</link>
      <description>Interest rates might be at the peak of the cycle after the Reserve Bank of Australia talked up the prospects of a slowing economy, while leaving rates on hold.</description>
      <category>xml</category>
      <pubDate>01.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/344.html</guid>

    </item>
<item>
      <title>Qantas expands Frequent Flyer benefits</title>
      <link>http://www.fatcat.com.au/news/xml/339.html</link>
      <description>Qantas has unveiled its new Frequent Flyer program, offering members the option of using points to book any seat on any Qantas or Jetstar flight.</description>
      <category>xml</category>
      <pubDate>01.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/339.html</guid>

    </item>
<item>
      <title>Virgin touts traveller rewards scheme</title>
      <link>http://www.fatcat.com.au/news/xml/333.html</link>
      <description>Virgin Blue touted the benefits of its traveller rewards scheme ahead of an announcement later on Tuesday by Qantas about changes to its Frequent Flyer program.</description>
      <category>xml</category>
      <pubDate>01.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/333.html</guid>

    </item>
<item>
      <title>US has not fallen into recession</title>
      <link>http://www.fatcat.com.au/news/xml/332.html</link>
      <description>The US economy continues to bump along at a slow level of growth but has probably not fallen into recession, reports suggest.</description>
      <category>xml</category>
      <pubDate>01.07.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/332.html</guid>

    </item>
<item>
      <title>One million more homes needed, HIA says</title>
      <link>http://www.fatcat.com.au/news/xml/331.html</link>
      <description>Nearly one million dwellings need to be built to house Australia&apos;s growing population, the Housing Industry Association says.</description>
      <category>xml</category>
      <pubDate>30.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/331.html</guid>

    </item>
<item>
      <title>Home loans post slowest growth</title>
      <link>http://www.fatcat.com.au/news/xml/329.html</link>
      <description>Australian home loan approvals have posted their slowest annual growth since the 1991 recession, the Reserve Bank of Australia says.</description>
      <category>xml</category>
      <pubDate>30.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/329.html</guid>

    </item>
<item>
      <title>Rates failing to reel in credit demand</title>
      <link>http://www.fatcat.com.au/news/xml/328.html</link>
      <description>Twelve-year high interest rates continue to restrain demand for credit, but appear to have done little to rein in inflation pressures, new data shows.</description>
      <category>xml</category>
      <pubDate>30.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/328.html</guid>

    </item>
<item>
      <title>Australia makes fair tax systems list</title>
      <link>http://www.fatcat.com.au/news/xml/327.html</link>
      <description>Hong Kong is seen as having the fairest and most transparent tax system out of six major developed economies, followed by Singapore, a study says.</description>
      <category>xml</category>
      <pubDate>30.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/327.html</guid>

    </item>
<item>
      <title>Inflation at highest level in five years</title>
      <link>http://www.fatcat.com.au/news/xml/330.html</link>
      <description>High fuel prices and soaring rents have caused inflation to reach its highest level in more than five years.</description>
      <category>xml</category>
      <pubDate>30.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/330.html</guid>

    </item>
<item>
      <title>Vic taxpayers to foot $300,000 bill</title>
      <link>http://www.fatcat.com.au/news/xml/325.html</link>
      <description>Victorian taxpayers will foot a $300,000 damage bill racked up by employees of the state&apos;s peak road body.</description>
      <category>xml</category>
      <pubDate>30.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/325.html</guid>

    </item>
<item>
      <title>Gates bids teary farewell to Microsoft</title>
      <link>http://www.fatcat.com.au/news/xml/323.html</link>
      <description>On his final full day at Microsoft Corporation, Bill Gates went on stage to reminisce with his longtime friend Steve Ballmer.</description>
      <category>xml</category>
      <pubDate>28.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/323.html</guid>

    </item>
<item>
      <title>Wage growth through EBA deals eases</title>
      <link>http://www.fatcat.com.au/news/xml/322.html</link>
      <description>Wage growth through enterprise bargaining agreements weakened during the first three months of this year, new data shows.</description>
      <category>xml</category>
      <pubDate>27.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/322.html</guid>

    </item>
<item>
      <title>High petrol prices hitting outer suburbs</title>
      <link>http://www.fatcat.com.au/news/xml/324.html</link>
      <description>The price of an affordable house in the outer suburbs for some is having to spend more than they can afford on the soaring cost of fuel, experts say.</description>
      <category>xml</category>
      <pubDate>27.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/324.html</guid>

    </item>
<item>
      <title>RBA able to handle liquidity challenges</title>
      <link>http://www.fatcat.com.au/news/xml/321.html</link>
      <description>The RBA says it has been able to deal with the liquidity challenges inflicted upon the financial system by the credit market turmoil that began in late 2007.</description>
      <category>xml</category>
      <pubDate>27.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/321.html</guid>

    </item>
<item>
      <title>Loan changes could boost economy: report</title>
      <link>http://www.fatcat.com.au/news/xml/317.html</link>
      <description>The Australian economy would gain a $1.7 billion boost if privacy laws were changed so lenders could more easily identify reliable borrowers, a report says.</description>
      <category>xml</category>
      <pubDate>27.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/317.html</guid>

    </item>
<item>
      <title>NAB seeks tax cuts on bank deposits</title>
      <link>http://www.fatcat.com.au/news/xml/320.html</link>
      <description>NAB has called on the government to cut taxes on bank deposits to reduce its funding costs, as it forecast global credit market turmoil to continue.</description>
      <category>xml</category>
      <pubDate>27.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/320.html</guid>

    </item>
<item>
      <title>Economists say rate rise is unlikely</title>
      <link>http://www.fatcat.com.au/news/xml/316.html</link>
      <description>Mortgage holders are set to be spared more interest rate discomfort next week with the Reserve Bank of Australia expected to keep rates on hold.</description>
      <category>xml</category>
      <pubDate>27.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/316.html</guid>

    </item>
<item>
      <title>US Fed&apos;s inflation worries to help RBA</title>
      <link>http://www.fatcat.com.au/news/xml/315.html</link>
      <description>A stronger stance against inflation by major central banks will help the RBA in its fight against local price pressures, economists say.</description>
      <category>xml</category>
      <pubDate>26.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/315.html</guid>

    </item>
<item>
      <title>CBA slams calls to slash debt revenue</title>
      <link>http://www.fatcat.com.au/news/xml/314.html</link>
      <description>CBA has slammed calls for credit card industry reform that could slash its fee revenue, when a slowing economy is already curbing demand for credit card debt.</description>
      <category>xml</category>
      <pubDate>26.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/314.html</guid>

    </item>
<item>
      <title>CBA chief says global outlook better</title>
      <link>http://www.fatcat.com.au/news/xml/313.html</link>
      <description>Commonwealth Bank of Australia chief executive Ralph Norris says there has been some improvement to the global economic outlook.</description>
      <category>xml</category>
      <pubDate>26.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/313.html</guid>

    </item>
<item>
      <title>Credit reporting system &apos;needs reform&apos;</title>
      <link>http://www.fatcat.com.au/news/xml/311.html</link>
      <description>A business consultancy group is calling on the Rudd government to make more information available on people seeking credit.</description>
      <category>xml</category>
      <pubDate>26.06.2008</pubDate>
      <guid>http://www.fatcat.com.au/news/xml/311.html</guid>

    </item>
<item>
      <title>Job vacancies rise, labour market tight</title>
      <link>http://www.fatcat.com.au/news/xml/312.html</