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Rates on Hold Due to EU Fears: RBA

News 148
Posted at 01 July, 2010

UNCERTAINTY over the European debt crisis prompted the Reserve Bank of Australia (RBA) to leave the cash rate on hold, the minutes of the bank's June board meeting show.......

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New homes sales mixed report

News 147
Posted at 01 June, 2010

AAP New homes sales surged up six per cent in April due to strong growth in Victoria, a Housing Industry Association (HIA) report shows.......

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Foreign investors hike up house prices

News 145
Posted at 01 May, 2010

FOREIGN investment in Australian property is pushing up the price of housing and squeezing Australians out of the market, federal opposition housing spokesman Kevin Andrews says.......

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Mortgage applications plunge 15%

News 144
Posted at 01 May, 2010

RESIDENTIAL mortgage applications plunged in the March quarter after the government's first home owner's grant was wound back to pre-financial crisis levels, a survey found.......

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$50m to save homebuyers: PM

News 143
Posted at 01 April, 2010

HOMEBUYERS will save an average of $20,000 on more than 3200 homes and housing lots following a $50 million investment in housing-related infrastructure, Prime Minister Kevin Rudd says.......

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Home sales fall in Feb: HIA report

News 142
Posted at 01 April, 2010

NEW home sales fell in February, raising concerns about the sustainability of the housing recovery, amid the prospect of further interest rate rises. The Housing Industry Association (HIA) New Home Sales report showed a 5.......

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Cheapest in the country

News 141
Posted at 01 March, 2010

The Reserve Bank might be trying to put the brakes on the economy by lifting the rates by .25% this month with the specter of rising inflation, but it's cold comfort for Gold Coast hotels which yesterday were labeled among the cheapest in the country.......

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Sunland holding on

News 140
Posted at 01 March, 2010

The end of the Dubai property boom washed through Sunland Group's first-half profit yesterday after the Gold Coast developer posted an $8.4 million bottom-line result. The profit for the six months to the end of December is down 87 per cent from $67.......

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Another one bites the dust

News 139
Posted at 01 March, 2010

CAPITAL Finance has pulled its funding for one of the region's up market beachside developments, forcing four Ray Group companies into receivership.......

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Australia’s land prices rise

News 138
Posted at 01 February, 2010

The dream of building a home has become dearer for Australians as land prices have risen to a new high, a survey says.......

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