News Archive for Nov 2008
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 »

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