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Tag Archive 'Australian'

Online searches for property in Australia have more than doubled over the last two months as increasing numbers of Brits head to the web to search for property in warmer climates.According to research from a leading overseas property website, searches for Property In Australia increased by a staggering 114 per cent whilst searches for New […]

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WHEN Lloyd Borrett set up a website in the mid-1990s for a local computer company, he had to move overseas to find a suitable domain name – well before it was fashionable to do so.The restrictions on Australian domain names meant that he could not reserve expert.com.au for Expert, an IT business later acquired by […]

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CoreLogic, a data aggregator, said Tuesday that it has struck an agreement to buy an Australian company called RP Data Ltd.CoreLogic collects data on such varied topics as mortgage applications, criminal cases, payday lending and tax records and sells that data and its services to businesses and the government. The company valued its deal for […]

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Falling house prices and the way Australians buy and sell property could be the feature of the Australian housing market for 2011 according experts and new statistics. Australian property prices dropped by 0.2% in November after the Reserve Bank of Australia (RBA) decided to raise interest rates. The Australian property market has seen steady house […]

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Looks like 2011 could turn out to be the Year of the Big Deal.  In the latest fast-moving drama, at least six major firms have submitted bids to buy 600 U.S. shopping centers and 112 international malls from Melbourne, Australia-based Centro Properties Group, according to The Wall Street Journal.Centro has a debt load of $18.4 […]

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Australian property investors risk losing hundreds of millions of dollars after snapping up thousands of US housing bargains at forced-sale prices, experts have warned.The lure of a perfect property stormEmboldened by the soaring local dollar, Australians invested about $600 million on US residential property last year, according to the Washington-based National Association of Realtors, as […]

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HSBC aiming for Australian growth

In an interview with the Wall Street Journal this week, HSBC Australia chief Paulo Maia explained that the company will seek to boost its corporate banking division over the coming months and years. “There’s a lot of interest in good corporate fundamentals coming out of Australia,” he told the news provider. “We want to play […]

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AUSTRALIAN real estate investment trusts are very attractive to international investors due to the underlying quality of assets and stable economy, according to United States property advisers.Ron Sturzenegger, the global head of real estate for Merrill Lynch, who is attending the firm’s inaugural Australian REIT conference in Sydney this week, said the one hurdle for […]

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MUM-AND-DAD investors are buying bargain-priced houses in the United States for the cost of a new car. They are cashing in on a combination of a rising Australian dollar and a depressed US property market which has seen recently built five-bedroom houses in cities such as Atlanta, Georgia, selling for as little as $35,000 – […]

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The International Monetary Fund (IMF) has warned Australia and its neighbours of the need to raise interest rates and cut government spending because of the economic strength of the region.It says in its Regional Economic Outlook for Asia and the Pacific released in Jakarta on Thursday that strong economic growth in the area is set […]

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