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Tag Archive 'housing'

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. In Australia, the economy is growing at a moderate rate. The large decline in mining investment is being offset by growth in other areas, including residential construction, public demand and exports. Household consumption has been growing at a […]

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  The latest housing finance figures released this month by the Australian Bureau of Statistics (ABS) confirm a moderating housing market. The Real Estate Institute of Australia (REIA) says the figures for May 2016 show, in trend terms that the number of owner-occupied finance commitments fell by 0.2 per cent – the fourth consecutive month […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. China’s […]

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At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. This follows information showing inflationary pressures are lower than expected. The global economy is continuing to grow, though at a slightly lower pace than earlier expected, with forecasts having been revised […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in the Asian region, continuing US growth and a recovery in Europe. Key commodity prices are much lower than a year ago, in […]

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The Real Estate Institute of Australia (REIA) says that Australia’s housing market continued its growth in the first quarter of 2015, according to the latest Bendigo Bank/REIA Real Estate Market Facts publication. The REIA President Neville Sanders says, “The weighted average, capital city median price increased by 2.4% for houses and 1.5% for other dwellings.” […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.25 per cent. Moderate growth in the global economy is expected in 2015, with the US economy continuing to strengthen, even as China’s growth slows a little from last year’s outcome. Commodity prices have declined over the past year, in some […]

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The Real Estate Institute of Australia (REIA) says adjusted data released on February 11th on Australia’s first home buyer levels shows a still disappointing figure, REIA CEO, Amanda Lynch says, “REIA has previously lobbied the Australian Bureau of Statistics to review the method used to estimate first home buyer levels and we were pleased to […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace. China’s growth has generally been in line with policymakers’ objectives. While weakening property markets present a challenge in the near term, economic policies have been responding in […]

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RBA leaves Rates on Hold

At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent.  Growth in the global economy is continuing at a moderate pace. China’s growth has generally been in line with policymakers’ objectives, though some data suggest a slowing in recent months. Weakening property markets there present a challenge in […]

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