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Grey reveals Aussies 'becoming smarter with money'
Wednesday 13 May 2009
Australians are taking a keener approach towards money management as the economic crisis rumbles on and interest rates remain low.
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RBA leaves interest rates on hold
Tuesday 05 May 2009
At its monthly meeting yesterday (May 5th), the Reserve Bank of Australia (RBA) decided to hold off on any further interest rate cuts, leaving rates at three per cent.
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Rents and interest rates 'won't be around forever'
Thursday 30 April 2009
The interest rate cuts enacted by the Reserve Bank of Australia (RBA) have spurred a flurry of activity in the Australian property market and spurred many people to consider investing in property to let.
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New homes up for third straight month
Wednesday 29 April 2009
Sales of new homes rose for the third straight month in March, the latest stats from the Housing Industry Association (HIA) show.
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Banks shy away from RBA cuts
Wednesday 29 April 2009
With concerns growing about the bad debt soaked up by Australia’s biggest bank, it is becoming increasingly unlikely that any further interest rate cuts from the Reserve Bank will trickle through to home loan interest rates, the Sydney Morning Herald warns.
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Experts insist rates will come down again
Friday 24 April 2009
The Reserve Bank of Australia (RBA) will introduce more interest rate cuts before 2009 is through, CreditSuisse has insisted.
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Interest rate cut too late for many
Wednesday 15 April 2009
Thousands of consumers have seen the interest rate cut come too late, as new figures from the Insolvency and Trustee Service Australia (ITSA) show an increase in bankruptcies and insolvencies.
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Rate cut 'could cause misery' for home loan holders
Wednesday 08 April 2009
Although those looking to compare home loans may have welcomed the Reserve Bank of Australia’s (RBA’s) decision to cut the cash rate by 25 basis points, consumers stuck on fixed-rate home loan deals may have met the news with a groan.
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Interest rates give breathing space for homeowners
Wednesday 01 April 2009
The number of families facing home loan payment stress has fallen by 300,000 since the Reserve Bank of Australia’s flurry of interest rate cuts began in September.
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Buyers rush to home loans for property investment
Monday 23 March 2009
Would-be investors are lining up to secure a new low-interest home loan deal to make some cash from record rental costs and the lowest interest rates seen in decades.
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