Property experts tip Sydney and Melbourne property prices will continue to rise for some time yet

Posted on Leave a commentPosted in Banking, Foreigners, Property

 JUNE 17, 2015 Property experts tip Sydney and Melbourne house prices to continue rising. Source: Supplied PROPERTY industry experts predict Sydney and Melbourne property prices will continue to rise for the next six to 12 months. More than half of the property valuers, fund managers, financiers and analysts surveyed for the Australian Property Institute’s 34th […]

Mixed signals on business lending

Posted on Leave a commentPosted in Banking

15 June 2015 New business lending is picking up but business loan balances are static, according to the latest figures. Australian Bureau of Statistics lending figures released on Friday show that new commercial finance commitments rose four per cent in April, compared with the previous month (in seasonally adjusted terms). New commercial finance commitments in […]

Reserve Bank of Australia – Economic Conditions and Prospects: Creating the Upside 10 June 2015

Posted on Leave a commentPosted in Banking, Property

Economic Conditions and Prospects: Creating the Upside Glenn Stevens Governor Address to the Economic Society of Australia Luncheon Brisbane – 10 June 2015 Thank you for the invitation to speak in Brisbane once again. The last time I spoke with this group, in July 2013, the economy was estimated to be growing at about2½ per […]

Minutes of the Monetary Policy Meeting of the Reserve Bank Board

Posted on Leave a commentPosted in Banking, Foreigners, Property

Minutes of the Monetary Policy Meeting of the Reserve Bank Board Sydney – 2 June 2015 Members Present Glenn Stevens (Governor and Chair), Philip Lowe (Deputy Governor), Roger Corbett AO, John Edwards, Kathryn Fagg, John Fraser (Secretary to the Treasury), Heather Ridout AO, Catherine Tanna Members granted leave of absence to John Akehurst in terms of […]