June 2009 News Archive

First Home Owners Push up Prices

News 124
Posted at 01 July, 2009

TWO-thirds of Australians believe the federal government's more generous first homeowners grant is pushing up house prices, a new survey shows.......

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Inflation at seven-year low

News 123
Posted at 01 July, 2009

AUSTRALIA'S annual rate of inflation has slowed to a seven-year low as the downturn in the economy restrains price rises, a private-sector survey shows. The TD-Securities/Melbourne Institute inflation gauge rose 0.4 per cent in June, following a 0.......

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6th Interest Rate Rise in a Row

News 146
Posted at 01 June, 2009

The Reserve Bank has again slugged the nation's borrowers, raising its key interest rate today for the third month running as it moves to keep inflation in check. The central bank lifted its cash rate by a quarter of a percentage point to 4.......

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Building Approvals Up

News 122
Posted at 01 June, 2009

Building approvals rose across Australia for a second consecutive month in March helped by lower interest rates and boosts to governments grants for first home buyers, economists say. Australian building approvals rose 3.......

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