Calendar

August 2017
SunMonTueWedThuFriSat
 << < > >>
  12345
6789101112
13141516171819
20212223242526
2728293031  

Announce

Who's Online?

Member: 0
Visitor: 1

rss Syndication

Nov302013

06:59:27 am

Australia Home-loan Approvals Rise In September











Housing is emerging as one of the few areas of strength in the economy as a long resources boom cools. The central bank has cut rates eight times since late 2011 in a bid to spur activity in areas like retail and housing that have led previous expansions. But at the same time, policy makers are worried about the housing sector overheating, leading to risky investment that could derail a fragile economic recovery. The latest cut in August took the cash rate to a record-low 2.5%. Home-loan approvals have been rising steadily so far this year, with the exception of August, when they fell by a downwardly revised 4.0%. Finance approvals to build new houses rose 1.8% in September from August.
For the original version including any visit the site supplementary images or video, visit http://www.morningstar.com/advisor/t/83749569/australia-home-loan-approvals-rise-in-september.htm




Admin · 401 views · Leave a comment

Permanent link to full entry

http://fiening.sosblogs.com/Blog-b1/Australia-Home-loan-Approvals-Rise-In-September-b1-p31.htm

Comments

No Comment for this post yet...


Leave a comment

New feedback status: Published





Your URL will be displayed.


Please enter the code written in the picture.


Comment text

Options
   (Set cookies for name, e-mail and url)