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Australian housing market facing ‘bloodbath’ collapse: economists

The Australian real estate market is in the grip of the biggest housing bubble in the nation’s history and Melbourne will be at the epicentre of an historic “bloodbath” when it bursts, according to two housing economists. A bloodbath in the housing market, however, appears a near certainty due to the magnitude of falls required […]

manager No Comments June 22, 2015 10:45 am
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AUSTRALIA:Reserve Bank steps up its language on housing market risk

The Reserve Bank has stepped up its language on the risks posed by rising property prices, but still insists there is scope for another interest rate cut. This morning the RBA released the minutes from its board meeting earlier this month, where the official interest rate was cut to a historic low of 2 per […]

manager No Comments May 19, 2015 1:10 pm

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