After a subdued start to 2016, activity is expected to increase in Melbourne’s property market in the coming months according to the Real Estate Institute of Victoria (REIV). With prices remaining relatively stable in the city during the March quarter…
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The Reserve Bank has cut official interest rates by 25 basis points to a fresh record low of 2 per cent, a move which Treasurer Joe Hockey says should stimulate the “green shoots” of the economy. If passed on in…
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The Reserve Bank has resisted pressure to cut the official interest rate again, though the decision has done nothing to dampen expectations that another cut is around the corner. Having surprised most economists last month by reducing the cash rate…
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Buyers at a display centre. Photo: Janie Barrett Close to one fifth of new properties in Sydney are being bought by wealthy Chinese investors and the flood of money is set to continue. A generation of Australians are being priced…
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Home prices surge higher, Melbourne leads the way Date April 1, 2014 Home prices have surged in March in a sign that the boom in the property market is continuing after a pause in February, just days after the Reserve…
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