First-time buyers in housing surge - Feb. 25, 2009
Amid the economic gloom, at least one group of consumers is out in the market, with housing developers reporting a surge in first-home buyers after the federal housing grant was boosted in October. Companies such as Stockland, Mirvac, Lend Lease and Australand have reported a spike in sales to first-home ... read more »

More rate relief on the way - Nov. 11, 2008
The Reserve Bank is set to reduce interest rates by a further 0.50 percentage points within weeks after its most aggressive series of cuts since the 1991 recession.Yesterday's surprise cut of 0.75 points — the third in three months — brings the total fall in the bank's ... read more »

$24,000 for first home buyers - Nov. 10, 2008
THE State Government will increase the first home owner's grant for those buying new dwellings by $3000 in next week's mini-budget in a surprise move aimed at stimulating the ailing housing market.This will increase the total of grants for first home buyers to $24,000.But for ... read more »

Market downturn helps homebuyers - Nov. 4, 2008
TIMES of recession can also be a good time to buy property with many vendors being forced to opt out of the housing market. While homebuyers and investors have kept their hands firmly by their sides and their wallets shut during recent auctions, some property experts say there is still ... read more »

Sydney buoyant in slump - Oct. 9, 2008
Sydney buoyant in slumpJonathan Chancellor Property Editorwww.smh.com.au October 9, 2008SYDNEY is unlikely to experience the house price collapses affecting other international cities but the least expensive suburbs will outperform the top ones this year, says Shane Lee, the director of economic and market analysis ... read more »

RBA points to lower rates - Sept. 8, 2008
www.smh.com.au http://business.smh.com.au/business/rba-points-to-lower-rates-20080908-4bpm.html?page=1# September 8, 2008Australia's interest rates are headed lower and are unlikely to reverse that course because of rapidly cooling consumer spending and borrowing, Reserve Bank governor Glenn Stevens says.In his semi-annual testimony to ... read more »

Stand by for two years of interest rate cuts - Sept. 3, 2008
 Stand by for two years of interest rate cutsAuthor: Barry PrismallDate: September 1, 2008Publication:  The Age (subscribe)  The Reserve Bank of Australia will not make a formal decision until tomorrow, but financial markets are in no doubt that there will finally be some relief for mortgage holders ... read more »

Lower interest firms up as a sure bet - Aug. 25, 2008
The Australian Financial Reviewwww.afr.com • Wednesday 20 August 2008Lower interest firms up as a sure betCommentAlan MitchellEconomics editorThe Reserve Bank of Australia is gearing up to cut interest rates because the global credit crunch has increased the downside risks to its already low ... read more »

Forecast rising house prices will hit renters - June 25, 2008
Forecast rising house prices will hit rentersAuthor: Jacob SaulwickDate: June 17, 2008Publication:  Sydney Morning Herald (subscribe) With an 18 percent jump over the next three years, Sydney house price rises will benifit owners but impact renters who will end up paying more due to the lack of ... read more »

Rates steady, but rents rampant - June 25, 2008
Author: Jacob SaulwickDate: June 18, 2008Publication:  Sydney Morning Herald (subscribe) Rates steady, but rents climbBut the Reserve Bank was the surprise bearer of good news yesterday, suggesting interest rates may remain on hold in the coming months.The number of new dwellings under construction fell in the ... read more »

House prices to rise next financial year - June 16, 2008
House prices are tipped to rise next financial year as Australia's fastest population growth in two decades outweighs the effect of higher interest rates, an economic forecaster says.The BIS Shrapnel Residential Property Prospects, 2008 to 2011 report also says that banks may offer more attractive lending rates in ... read more »

Investment Property - June 3, 2008
The number of property renters in Australia is rising as homes become less affordable to buy. This is good news if you own an investment property because maintaining a good occupancy rate is crucial to your investment success. During the property boom of the 1990s, investment properties were all about ... read more »

Clubs Forced to Close or Merge - June 3, 2008
At least six local community clubs could be forced to shut their doors as a direct result of anti-smoking laws and the tax on gambling profits, Souths Juniors presient Keith McCraw said. The NSW clubs industry has continued to do it tough as a result of anti-smoking laws and taxes ... read more »

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