The Australian real estate industry showed an increase in October 2009 after more than a year and a half due to a lot of construction that is now being seen in the country due to the low interest rates and the first home owners grant. This is despite the reduction in the first home owners grant [...]
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Last month’s fall was linked to the ongoing hikes in Australian interest rates . Australia was the first economy to raise rates from a 50-year low as the economic downturn eased. Other major economies opted for lower interest rates to … [...] |
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