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June 2009 - Posts

Single Story For Sale in East Malvern

La Belle Maison • 2 bath, 3 bdrm single story - MLS® - A Refined Lifestyle East Malvern , Victoria - A most elegant combination of classical and contemporary architecture– the careful consideration paid to the finer details is evident throughout
Posted by Branka Clay | 0 Comments
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Stamp duty on home loans to be scrapped

David Uren, Economics correspondent | June 22, 2009 Article from: The Australian STAMP duty on housing loans is set to be abolished after the Henry tax review, which is likely to recommend states be given a share of income tax to make up the difference.
Posted by Branka Clay | 0 Comments

RBA 'can cut rates twice more this year'

By Jordan Chong AAP June 26, 2009 10:05am THE Reserve Bank of Australia (RBA) has room for at least two further interest rate cuts over the next six months, but will not move unless there are clear signs of rising unemployment and a further deterioration
Posted by Branka Clay | 0 Comments

RBA says banks not gouging Australians on variable rates

George Lekakis June 19, 2009 12:00am THE Reserve Bank yesterday backed claims by the major banks that they have not been gouging Australians on variable home loans. The June issue of the RBA Bulletin contains a 14-page analysis of how the retail banks
Posted by Branka Clay | 0 Comments

National & International News 10/06/09

National News Funding pressure triggers pricing review By George Lekakis Herald Sun June 11, 2009 12:00am COMMONWEALTH Bank has refused to rule out the prospect of a mortgage rate rise ahead of next month's Reserve Bank board meeting. Banking analysts
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Local, National & International News 11/06/09

Local News Property sales hit boom level MELBOURNE'S property market appears to be on the rebound as sales figures soar to a level not seen since the 2007 property boom. The Real Estate Institute of Victoria says that 82 per cent of the 647 properties
Posted by Branka Clay | 17 Comments

RBA stays put

RBA stays put Chris Zappone June 2, 2009 - 3:55PM Update The Reserve Bank held interest rates steady for a second month in a row, arguing that emerging signs of a recovery averted the need for an additional cut. The key cash rate remains at a 49-year
Posted by Branka Clay | 0 Comments

Understanding property cycles

I've often said that until you have invested through a full property cycle, you don't really fully appreciate the property markets. You see… though many books and articles refer to the average annual compound growth of property as 10%,
Posted by Branka Clay | 0 Comments

Strong foreign demand for Australian properties

By DANNY YAP - the staronline 1st june, 2009 KUALA LUMPUR: Buying interest in Australian properties by Malaysian as well as other foreign investors has been on the rise the past six months and this trend is expected to continue for some time, say real
Posted by Branka Clay | 0 Comments