August 1, 2010

Households recommended to reduce their debts

Households with mortgages have been advised to take advantage of the pause in interest rate rises and pay down their debts.

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Households recommended to reduce their debts

Interest rate to remain stable

The Reserve Bank of Australia (RBA) will leave the cash rate unchanged at today’s meeting, according to Macquarie Bank interest rate strategist Rory Robertson.

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Interest rate to remain stable

Justin Beeton’s JB Global sees value in Warren Buffett’s Berkshire Hathaway – The Australian

Justin Beeton's JB Global sees value in Warren Buffett's Berkshire Hathaway The Australian “Fundamentally the US economy and real estate looks positive.” The interest rate for the Berkshire Hathaway and ASX 200 fund is higher at 4.95 per cent, … and more »

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Justin Beeton’s JB Global sees value in Warren Buffett’s Berkshire Hathaway – The Australian

Interest rises kick the stuffing out of auction clearance rates – NEWS.com.au

Interest rises kick the stuffing out of auction clearance rates NEWS.com.au Real Estate Institute of Australia president David Airey cited consecutive interest rate rises, tighter lending criteria and the continuing financial crisis … and more »

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Interest rises kick the stuffing out of auction clearance rates – NEWS.com.au

First-home buyers quit Perth housing market – The Australian

TheBull.com.au First-home buyers quit Perth housing market The Australian Real Estate Institute of Western Australia research director Stewart Darby pointed to the six interest rate rises in eight months and the end of the …

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First-home buyers quit Perth housing market – The Australian

Rate rises take toll on consumer mood

AN index of consumer sentiment fell 7 per cent in May from April after a series of interest rate hikes lifted variable mortgage costs.

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Rate rises take toll on consumer mood

Rate rises take toll on consumer mood

AN index of consumer sentiment fell 7 per cent in May from April after a series of interest rate hikes lifted variable mortgage costs.

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Rate rises take toll on consumer mood

House prices set to stall, say experts – NEWS.com.au

Australia’s largest real estate group Ray White, reported a sluggish March quarter with turnover up only 8 per cent compared with last year.

This is the smallest increase since the global financial crisis and the reduced activity has continued in to April, Ray White joint chairman Brian White says.
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House prices set to stall, say experts

LATEST effect of interest rate rises filtering through to homebuyers, which will slow market down.

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House prices set to stall, say experts

Upswing tipped to run until 2012

Recent interest rate increases haven’t dampened sentiment about residential real estate, with a survey suggesting property professionals believe the sector will experience an upswing through until 2012.

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Upswing tipped to run until 2012