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Month in Review: April 2014

By the resi financial blog team, 02 April 2014

Month in review April 2014 Finance

Month in Review: April 2014

For the seventh consecutive meeting, the Reserve Bank of Australia has kept the cash rate on hold at 2.5 per cent.

However, it appears even more likely that a rate rise will occur before the end of the year. One factor behind this expectation is the significant increase in housing prices over the past year. House prices rose by 2.3 per cent in March over Australia’s eight capital cities to take the total growth for the first quarter to 3.5 per cent.

Reserve Bank governor Glenn Stevens says while there ...

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Resi Reporter | 5 March 2014

By the resi financial blog team, 05 March 2014

Resi reporter

Welcome to Resi Reporter, 5 March, 2014. 
 
Highlights this week include; March 2014 RBA update - month in review, property investment tips - the benefit of units, rejuvenating your investment property on the cheap, and market watch on Queensland's booming property sector.
 
Resi Reporter articles are written by our expert team of writers, and industry leading guest bloggers.
 
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March 2014 RBA Update: Month in review

By the resi financial blog team, 04 March 2014

RBA update March 2014

Despite property prices rising significantly over the past year, the Reserve Bank of Australia decided to keep the cash rate on hold at 2.5 per cent at its March meeting. This is the sixth straight meeting that rates have remained unchanged and there was no sign from the RBA that rates would change any time soon.

At the meeting, RBA governor Glenn Stevens, said growth in the global economy was still a bit below trend in 2013 but there were reasonable prospects of a pick-up this year. "The United States economy, while affected by adverse weather, continues its expansio ...

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