Pressure on the RBA to again cut interest rates has eased slightly after unemployment figures released from the Australian Bureau of Statistics for February show a small drop.
News
The large and continually growing supply of apartments in Melbourne is failing to deter offshore investors.
The Abbott Government’s financial systems inquiry head David Murray says Australia needs to introduce limits on borrowing.
The country’s biggest mortgage broker, AFG, has reported a 16 per cent jump in the value of home loans processed last month after interest rates were cut quarter of a per cent back in February.
The RBA surprised a few pundits yesterday when they left interest rates unchanged at 2.5 per cent.
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