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Monthly Archive for February, 2014

When the Reserve Bank board met in early February, the national cash rate was left at 2.5% for the sixth month in a row. Whilst this decision is based on various economic factors both locally and globally, the outcome of a steady interest rate should ensure that Victoria’s real estate market remains stable, in an […]

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Residential aged care is for older people who can no longer live at home. Most people want to live at home for as long as they can and there are many supports and services that can assist older people to do this. However when it is no longer possible to manage at home, residential aged […]

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Under Australian Law, separating de facto couples have largely the same rights and liabilities as those of married couples with regard to property settlements. De facto couples who want financial security can enter into a Binding Financial Agreement at any time during their relationship. Binding Financial Agreements are similar to pre-nuptial agreements, in that a […]

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Houses that take an extended period of time to sell are frequently overpriced, but there can be other reasons, such as unusual design features that may deter more conservative buyers. The old real estate motto that, “there’s a buyer for every property,” remains true, but the owner of a slow selling property may have to […]

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Sometimes, when a buyer has made an offer on a property, they discover prior to settlement, that the property has an unapproved structure. Most often these are patios or verandahs but they can also include more substantial buildings such as a conservatory, workshop, garage or extra bedroom. These kinds of structures normally require formal approval […]

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Mortgage Health Check

With home loan interest rates steady at around 5 percent, now is a good time to give your home loan a health check to ensure you are not paying more than you should. When doing a mortgage health check, first consider your interest rate. It isn’t the only criteria for a good loan, but it […]

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The savewater! Alliance is a Victoria initiative that works with water businesses, government agencies, and product and technology providers to invest in delivering a range of outcomes across three focus areas: water conservation and efficiency valuing water products and initiatives, and product and technology solutions When it comes to preserving and maintaining a healthy summer […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Since the Board’s previous meeting, information on the global economy has been consistent with growth having been a bit below trend in 2013, but with reasonable prospects of a pick-up this year. The United States economy continues its […]

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There are rules about when a landlord can enter a property. The landlord (or their agent) may enter at a date and time agreed to with the tenant. However, this agreement cannot be made more than seven days before entry. There are no restrictions on how many inspections a landlord can conduct during a 28-day […]

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