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Monthly Archive for December, 2010

Stalled market puts focus on 2011

RP Data estimates that house prices climbed a moderate 6.4 per cent Australia-wide in the year to October 2010. Price increases fell notably after the start of 2010-11. David Airey, head of the Real Estate Institute of Australia, says agents are too cautious to be “quietly confident” given interest rate and economic concerns. Australian Property […]

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RBA minutes show focus of Europe’s woes

The latest decision on interest rates appears to have been influenced by ructions in Europe.The minutes of the December 7 monetary policy meeting of the Reserve Bank of Australia (RBA), released on Tuesday, said the medium term outlook for the Australian economy had been “little changed from that at earlier meetings”.But the RBA is not […]

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From Egypt to class dux

AN INSPIRATIONAL young student is proving that it does not matter where you have come from, it only matters where you are going. Baher Maher, a student from MacKillop Catholic Regional College, earned the prestigious title of school dux after a year of hard work and exams. Originally from Egypt, Baher only came to Australia […]

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Baby boom

WYNDHAM mums and dads have been given early Christmas presents with the arrival of 41 brand new bundles of joy at the Werribee Mercy Hospital last week. This tops off a baby-booming year in Wyndham, with 2060 babies born at the Hospital since 1 January this year. These new statistics come as the Department of […]

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Holidays could be your big break

Christmas offers a few new possibilities for struggling vendors, writes Carolyn Boyd. If your house has been sitting on the market for a while and you are worried it won’t sell before Christmas, now is the time to take a good look at your strategy.There’s been a late flood of properties on to the market […]

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Strategies for the property plunge

Four experts advise wanna be home owners on how and where to get a toe in the water, writes Mary Costello. No-one really knows whether Australia’s property bubble will burst or just slowly deflate but with potentially better times ahead for buyers, maybe you’re considering investing in property. So where do you start?We asked four […]

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A house for Christmas?

Will there be a house under your Christmas tree? If you are thinking of buying property in 2011, the Christmas break could be the perfect time to reflect on how you will go about it.Will you stay or will you go now? The very first thing to do is to look at your decision to […]

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Make money while waiting

With many off-the-plan developments taking years to complete, buyers might want to reconsider how much deposit they put down on a flat they won’t occupy for a long time. Under the Sale of Land Act, a deposit cannot exceed 10 per cent of the purchase price of an OTP unit but that doesn’t mean the […]

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Home borrowers will be given a one-page fact sheet outlining their monthly mortgage repayments and how they can shop around for a better loan, under new banking reforms unveiled today. Exit fees, which can run into the thousands, will also be banned from July 1, 2011 and the Australian Competition and Consumer Commission will be […]

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Pricey homes look set to continue

Australians might be wealthier, but they also appear to be paying over the odds for their homes.New Bureau of Statistics’ data shows household net wealth has rebounded by eight per cent in the September quarter, or by three thousand dollars per person to 44 thousand dollars, due largely to a jump in share prices.A new […]

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