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March 2009 - Posts

Reserve Bank has rooms to cut rates further, says Treasurer Wayne Swan

AFP March 30, 2009 06:36pm THE Reserve Bank has room to cut interest rates further in response to the global financial crisis, Treasurer Wayne Swan said. Speaking in Tokyo, Swan said the Reserve Bank of Australia had "cut the cash rate further and
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Residential on the way back

30/03/2009 A strong residential market and the best buying conditions for commercial property are two themes of the REINSW president Steve Martin’s Outlook for the second quarter of 2009. “Early signs in 2009 of a strong return to the residential
Posted by Branka Clay | 0 Comments

Banks see good times, 2% rates

Danny John and Eric Johnston March 26, 2009 THE big bank bosses have declared Australia has weathered the worst of the global financial crisis, with some predicting official interest rates as low as 2 per cent later this year as the Reserve Bank attempts
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Rents are going up and up

With median values falling in many areas of Australia during 2009, one strong aspect of the property market has been the exceptional growth in weekly rental rates across houses and units. Across the mainland capital cities all property types across each
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JPMorgan revises outlook on RBA rates

AAP 2009-03-25 JPMorgan has revised its outlook for official interest rates, saying the central bank is likely to cut rates by 50 basis points next month in the wake of further bad news on the global economy. Chief economist Stephen Walters says the case
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Units dodge the gloom

Author: Susan Wellings Date: March 21, 2009 Publication: Sydney Morning Herald Buyer appeal...1/2E Mosman Street, Mosman, sold for more than $6.5 million. Quality apartments and townhouses are selling faster than they can be advertised. The moment real
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Dow records fifth largest per cent gain in history

March 24, 2009 07:46am WALL Street skyrocketed overnight as the market cheered a plan to clean up toxic assets clogging the balance sheets of US banks. Extending a two-week rally, the Dow Jones Industrial Average catapulted 497.48 points (6.84 per cent)
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Why Reserve Bank will almost certainly cut rate in April

By Terry McCrann March 18, 2009 12:00am THE Reserve Bank board minutes "told" us two main things. The headline thing we were "told" was that the bank will almost certainly go back to cutting the official interest rate at its next meeting
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RBA expects more weakness

March 19, 2009 - 8:38AM The Reserve Bank of Australia expects the local economy to remain weak in 2009, but is confident policy makers have the necessary tools to support the nation during the global financial crisis. RBA assistant governor of economics
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Reserve Bank in two minds over rates

By Ed Logue March 17, 2009 11:45am - Article from: AAP THE Reserve Bank of Australia (RBA) was in two minds before deciding to pause on interest rates in March and wait to evaluate the effects of earlier cuts and the Federal Government's fiscal stimulus
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$A opens higher on likely China stimulus

$A opens higher on likely China stimulus AAP- Trading Room 2009-03-05 The Australian dollar has opened higher as positive news from China caused a pickup in risk appetite for high-yielding currencies. At 0700 AEDT, the Australian dollar was trading at
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Flinders a Charming seaside town on the Mornington Peninsula

Flinders is located close to the southern tip of the Mornington Peninsula, fronting onto the calm waters of Western Port Bay in the west and offering a rugged coastline of cliffs and ocean beaches along its southern frontage onto Bass Strait. Flinders
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RBA leaves rates on hold

Chris Zappone March 3, 2009 The Age The Reserve Bank has defied expectations by leaving its key interest rate on hold while waiting for the full effect of previous rate cuts to spur the economy. The dollar soared on the news. The central bank left the
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Single Story For Sale in Red Hill

"Vines Of Red Hill" • 5 bath, 5 bdrm single story - MLS® Red Hill, Mornington Peninsula - Perhaps the ultimate - perfect combination.. Vines Of Red Hill Fourteen magnificent acres on top of Red Hill with ample water from a spring fed
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