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Growth

Index points to recovery in house prices

by Staff Reporter • 1 Apr 2009
While some capital cities still experienced a softening in values, the national average dwelling value rose 1.1 per... READ MORE

Stimulus payments hang in the balance

by Staff Reporter • 31 Mar 2009
Taxation commissioner Michael D’Ascenzo said yesterday that the payments could not be made until the High Court... READ MORE

Mixed results from weekend auctions

by Staff Reporter • 30 Mar 2009
In Sydney, 187 properties were sold from 271 put under the hammer on Saturday, for a clearance rate of 63.6 per cent.... READ MORE

Arrears continue to climb

by Staff Reporter • 27 Mar 2009
According to the report arrears increased by 0.08 per cent compared to December with around $940 million of all... READ MORE

US economy continues to contract

by Staff Reporter • 27 Mar 2009
According to the department the United State’s GDP fell at an annualised rate of 6.3 per cent, the steepest... READ MORE

US property market finally on the rise

by Staff Reporter • 26 Mar 2009
According to the US Commerce Department, new home sales climbed by 4.7 per cent in February. This brought the... READ MORE

Australia's office market strides ahead of international counterparts

by Staff Reporter • 25 Mar 2009
Released yesterday, the report confirmed activity in the commercial space dwindled to less than half of 2007 levels in... READ MORE

Report reveals top suburbs for capital growth in 2008

by Staff Reporter • 25 Mar 2009
According to an RP Data report properties under the $500,000 mark achieved the strongest capital growth over the... READ MORE

Auctions strong in Sydney and Melbourne

by Staff Reporter • 23 Mar 2009
Auction figures from Australian Property Monitors (APM) showed Sydney and Melbourne recorded clearance rates of 68.6... READ MORE

Rental hot spots revealed

by Staff Reporter • 23 Mar 2009
On average, Australian house and unit weekly rents rose by $41 and $35 respectively over the course of the year,... READ MORE

Positive economic growth virtually impossible: PM

by Staff Reporter • 23 Mar 2009
“The impact of a worsening global economic recession will make it virtually impossible for Australia to sustain... READ MORE

UK houses lose more than $50,000 in value

by Staff Reporter • 20 Mar 2009
The department's snapshot of the market, which is based on completed sales, said the average price of a home in the... READ MORE

Federal Reserve to print more money

by Staff Reporter • 20 Mar 2009
Under the plan the Federal Reserve will buy US$300 billion of Treasury bonds over the next six months with money it... READ MORE

IMF downgrades global growth forecasts again

by Staff Reporter • 20 Mar 2009
In its latest assessment of the global economy the IMF has downgraded its global growth forecast for 2009 to between... READ MORE

Australian economy in ?better shape than most?

by Staff Reporter • 19 Mar 2009
In a speech in Sydney yesterday, RBA assistant governor Malcolm Edey warned that further weakness for the economy was... READ MORE
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