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Tag Archive 'home loans'

  At its meeting yesterday, the Reserve Bank Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace, helped by firmer conditions in the advanced countries. China’s growth remains generally in line with policymakers’ objectives. Commodity prices in historical terms remain high, […]

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Home owners are taking advantage of record low interest rates to pay off their mortgages faster. The National Australia Bank says new figures show 85 percent of its mortgage customers pay more than their minimum monthly repayments, Fairfax Media reports. Such NAB customers are ahead by an average of 13 months now, compared with 12 […]

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Many Australians with home loans are aware of the ability to use the existing equity in their properties in order to further their real estate investment goals but many individuals aren’t actually utilising their equity as they could. New research from Westpac shows that just 11 percent of Australian homeowners are planning to use their […]

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  Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace, helped by firmer conditions in the advanced countries. China’s growth appears to have slowed a little in early […]

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