(AFX UK Focus) 2008-10-30 02:35 Australia to invest A$1 bln in two RMBS issues (Interactive Investor)

SYDNEY, Oct 30 (Reuters) - The Australian government will buy A$1 billion ($666 million) in residential mortgage backed securities in its first ever purchase of such debt, injecting much-needed liquidity into the non-bank home loan market. The Australian Office of Financial Management (AOFM) said it had received 12 proposals for issues of RMBS as part of its A$8 billion RMBS purchase plan and ...

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Times & Star (West Cumberland Times & Star)

When the love of money is the root of all evil! TWO top Anglican church leaders la...

(AFX UK Focus) 2007-02-02 00:48 GMT: Savings tumble poses risk to boomers (Interactive Investor)

WASHINGTON (AFX) - People are saving at the lowest level since the Great Depressio...