October 2010 News Archive

Interest Rates Go Up

News 157
Posted at 01 November, 2010

Reserve Bank of Australia [RBA] puts up rates by 25 basis points to 4.75% The Australian dollar surged in Asian trading Tuesday after the Reserve Bank of Australia [RBA] surprised the market by hiking its cash rate for the first time in six months.......

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Big Banks Greedy Move

News 156
Posted at 01 November, 2010

COMMONWEALTH Bank raised home-loan rates 20 basis points more than the RBA The first of the big four banks to raise interest rates by more than the Reserve Bank's official move today.......

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Rate rises weigh on house prices

News 155
Posted at 01 November, 2010

House prices have grown at their slowest pace since the global financial crisis, economists say house prices nationwide have grown at their slowest pace since the global financial crisis, following a series of rate rises early this year and ongoing fears ......

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Residential Property Outlook is Strong

News 154
Posted at 01 October, 2010

The outlook for Australian residential property is strong as signs emerge that home loan applications are on the rise, analysts say.......

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Confidence Returning

News 153
Posted at 01 October, 2010

If confidence in a market is enough to keep it buoyant, then the Gold Coast outlook is as sparkling as champagne.......

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