August 2004 News Archive

Strong growth for house prices

News 12
Posted at 01 September, 2004

The Real Estate Institute of Australia (REIA) have just released their June quarter median house price data which showed house price growth slowed over the June 2004 quarter but remained strong between June 2003 and June 2004.......

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Home Loans Declining Affordability

News 11
Posted at 01 September, 2004

According to the latest AMP Banking/Real Estate Institute of Australia (REIA) Home Loan Affordability Report, home loan affordability fell nationally during the June 2004 quarter.......

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Support for Reverse Mortgages

News 10
Posted at 28 August, 2004

During a mortgage and advice forum in Sydney this week, Bluestone Equity Release has called on the Government to consider alternative methods such as reverse mortgages to ensure older Australians are able to fund their own retirement rather than rely on G......

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Office Vacancy Tightens

News 9
Posted at 25 August, 2004

Everybody's happy after hearing the latest report from the Property Council of Australia [PCA] because the Gold Coasts overall office vacancy rate dropped to 7.1% which is a significant improvement from the 11.8% a year ago.......

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Demand Strong

News 8
Posted at 24 August, 2004

According to data released by the Australian Bureau of Statistics (ABS) this week the value and number of new home loans issued fell during the month of June 2004.......

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Building approvals rise in June quarter

News 7
Posted at 21 August, 2004

New data released late last week by the Australian Bureau of Statistics (ABS) showed, on a seasonally adjusted basis. Total new building approvals rose by 1.5% during the June 2004 quarter to 14,713 and approvals for private sector houses also rose by 2.......

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Agents & mortgage brokers can offer tax advice

News 6
Posted at 21 August, 2004

A draft ruling by the Australian Tax Office (ATO) has cleared the way for; Real Estate Agents, Mortgage Brokers, Banks and Conveyances to offer tax advice to their clients in limited circumstances where the advice is incidental to the service being provid......

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No interest rate change for eighth month

News 5
Posted at 21 August, 2004

As a result of its meeting early in the week the Reserve Bank of Australia has elected to leave interest rates steady again this month. Although the bank gave no reason for its decision to leave rates unchanged many economists believe the combination of t...

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