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Property News
06 May 2008
RBA keeps rates on hold
As widely expected, the Reserve Bank left its key cash rate at its current 12-year high of 7.25% after its monthly board meeting. While focus now shifts to a close reading of Governor Glenn Stevens' ...
06 May 2008
Rates expected to hold as house prices rise
The Reserve Bank meets today, and is expected to leave interest rates on hold, despite concerns about growing inflation. Economists are withdrawing predictions of rate cuts this year, with a ...
06 May 2008
Housing recovery loses momentum as prices fall
Across the city 2007 was a rare spot of sunshine for property owners since the housing bubble popped about five years ago. But home prices dropped by 1.5 per cent in the first three months of this ...
06 May 2008
City awash with housing sites, says expert
With Melbourne's population surging, affordability plunging, and its perimeters bursting, planners are urging action on Government-owned land and poorly used private land. Prominent development ...
06 May 2008
Stamp duty relief on the way
The Age believes Treasurer John Lenders will unveil cuts to property taxes and business charges this afternoon, including a fifth consecutive reduction in WorkCover premiums for employers. Business ...
05 May 2008
Closing the great divide
About 15 years ago when it was beset by all manner of calamities, the Kirner government still managed to see the importance of long-termurban planning. It orchestrated a campaign dubbed ...
05 May 2008
A fairer city
The blueprint said the supply of affordable housing in all parts of the metropolitan area would need to be increased, and warned of growing inequality if it wasn't. Since the the report's ...
05 May 2008
Milton to undergo high-density facelift
The Milton Rail Station transit oriented development proposes turning a five-block area of the inner-city suburb between Milton Road and Coronation Drive into a "highly accessible, high-density ...
04 May 2008
Patience is a virtue in first-home game
Despite recent interest rate rises and higher median house prices, the news isn't all bleak for Victorian first-home buyers. According to real estate experts, the market is softening, creating ...
04 May 2008
Building from scratch
When you build a new home, buy somewhere you want to live long-term and be sure to factor in any pending lifestyle changes. If you don't want to live in an established home, or you're buying land ...