February 2009 News Archive

FIRST-home buyers are saving grace

News 118
Posted at 01 March, 2009

FIRST-home buyers are the saving grace for an embattled property market. They are jumping into home ownership at record rates, bringing calls for an extension of the First Home Owner Grant which runs out on June 30.......

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Affordability

News 117
Posted at 01 March, 2009

AUSTRALIA'S central bank chief says housing affordability is improving and that lower interest rates will spur a revival in the building sector.......

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Another Rates Drop

News 116
Posted at 01 February, 2009

The Reserve Bank of Australia (RBA) has announced today the 3rd of February 2009 that the Official Cash Rate will decrease 100 basis points. Therefore the Official Cash Rate has declined to 3.25%.......

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