The RBA says the Australian dollar is still overvalued in the current economic climate, after it was buying US87.16c yesterday.
News
Stability the key according to RBA
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18 December 2014
The Reserve Bank has maintained its line of stability in its final meeting minutes for the year.
Christmas rush felt by property industry
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16 December 2014
Brokers, banks and processing companies are being inundated with mortgages as vendors rush to convert their spring property sales before Christmas.
Australian dollar slides to a four-year low
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11 December 2014
The Australian dollar is looking down the barrel of getting a 70s sticker, dropping to a four-year low of US82.35c on this week.
Lenders to receive a visit from APRA
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10 December 2014
Australia’s banking watchdog will be cracking down on risky mortgage lending practices as a guard against the hot property market.
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