Archive for August, 2010

BHP/Potash:
Canada’s takeover rules make Potash Corp of Saskatchewan easier to snare. Weaker protections for minority shareholders and stricter limits on poison pill defences should aid BHP Billiton’s $39 billion hostile bid. But, the miner may face a bigger hurdle closer to home.

Summer Dip In Mortgage Approval Rate
A subdued housing market saw the number of mortgages approved for home purchase fall in July for the second month in a row the British Bankers’ Association has said.

Slow mortgage market is predicted
Lenders are predicting a slow mortgage market for the rest of the year despite reporting a 5% lift in loans in July.

Rents set to surge as new buyers struggle to find mortgages
Landlords benefit as residential rents rise due to a shortage of available properties, the Royal Institution of Chartered Surveyors said on Friday.

Well hung: Bob’s voting for survival
Over the next three days Crikey will run a ‘Well Hung’ series, profiling the independents who could hold the balance of power in their hands. Today we spoke with Bob Katter, the “anti-green” with a heart of gold.

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