News

Chris Vedalago describes the legal loopholes that allow "underquoting". The major issue here is the difficulty of striking a balance between protecting consumers and allowing vendors the freedom to set prices as they wish, which is an important right in what is a free market place.

A TOP economist and the Federal Opposition have urged the Reserve Bank to cut the cash interest rate by at least 0.25 percentage points to avoid recession.

When you bought your first property, you had a purpose, the property met your needs, and certainly there was a special connection. Now as the vendor, you are on the other side of the fence. But stepping into that old hat again and being in the buyer’s mind can help you be at the top of the selling game.

Interesting article in today's Age about stamp duty. It looks like some very influential people are advocating for it to be severely scaled down or abolished.

RBA deputy governor Ric Battellino has commented that the Reserve Bank board has had to balance higher-than-anticipated inflation with slowed economic growth. Battellino said inflation for 2011 is likely to trend higher than was forecast last year, while growth estimates have had to be revised downward amid global economic uncertainty and this year's natural disasters.