High-rise future predicted as apartment prices drop
THERE’RE mixed signals for Aussies wanting to buy, with apartment prices predicted to drop even as house prices rise.
Is Australia’s luck about to run out?
How Australia escaped the global financial crises of the last 25 years
Australian dollar hits high of US 80 cents
THE Australian dollar is sharply up against its US counterpart and well above the 80 US cent mark for the first time in a while.
Reserve Bank leaves interest rates on hold
The Reserve Bank has left the official cash rate on hold at a historic low of 1.5 per cent this afternoon, amid concerns that rates are becoming ineffective at spurring growth.