July 2013 News Archive

Interest rate dropped to 2.5%

News 223
Posted at 01 August, 2013

The Reserve Bank of Australia has cut rates from 2.75% p.a. to 2.50% p.a. The Reserve Bank of Australia has confirmed they are dropping the interest rate to 2.50% p.a., bringing an end to the three month hold at 2.75% p.a.......

Read More

 

5 moratorium on tax changes to Australia's $1.5 trillion super

News 222
Posted at 01 August, 2013

CHRIS Bowen has declared there will be a five-year moratorium on any new tax changes to Australia's $1.5 trillion superannuation industry but made it clear that a controversial tax on pension earnings above $100,000 a year was intended to go ahead.......

Read More

 

Australian Housing demand rising the fastest in 3 years thanks to population growth

News 221
Posted at 01 July, 2013

Australian Housing demand rising the fastest in 3 years thanks to population growth The annual population growth in Australia increased to 1.75% over the December 2012 quarter on the back of higher migration rates and a record number of births.......

Read More

 

Treasury forecast Australia's population at 36 million by 2050

News 220
Posted at 01 July, 2013

Treasury forecast Australia's population at 36 million by 2050 That means Australia needs to build around 200,000 homes a year, but the annual rate of home construction is now just 150,000 The official cash rate set by the Reserve Bank is at the historic ......

Read More

 

Latest News

News Archive