Australians Are Saving Money

Published on December 12, 2010 by Technology Slice

Australians Are Saving Money – When it comes to our spare cash, we are using it to pay down debt at a rate that is the highest in the world, according to Reserve Bank assistant governor Philip Lowe. The Australian Bureau of Statistics says we are saving about 10 per cent of household income, double [...]

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Posted in Money

Australian Jobless Rate Drops

Published on December 9, 2010 by Technology Slice

Australian Jobless Rate Drops – Australia’s jobless rate fell to 5.2 per cent in November, with the economy creating the most jobs since January as employers gained confidence heading towards the year’s end, according to official data released today. The seasonally adjusted rate compares with a 5.4 per cent unemployment rate in October, according to [...]

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Posted in Money

Fixed Home Loans On The Rise

Published on December 9, 2010 by Technology Slice

Fixed Home Loans On The Rise – The Australian Bureau of Statistics (ABS) today reported that 49,307 home loans were approved in October, a 1.9 per cent seasonally-adjusted increase compared to September. Economists forecasts had centred on a 0.3 per cent increase. The figures preceded November’s unexpected jump in mortgage rates. The proportion of homebuyers [...]

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Posted in Money

Australian Divorce Rate Spikes

Published on December 4, 2010 by Technology Slice

Australian Divorce Rate Spikes – The number of divorces granted in Australia rose for the first time in almost a decade as some experts suggest the increase could be linked to growing money worries. The number of divorces rose to 49,448 in 2009, an increase of five per cent, or 2239, on the total in [...]

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Posted in General

Building Approvals Sky Rocket

Published on November 30, 2010 by Technology Slice

Building Approvals Sky Rocket – Approvals rose 9.3 per cent to 13,541 units in October, seasonally adjusted, from an upwardly revised 12,388 units in September, the Australian Bureau of Statistics (ABS) said. But while the data suggests demand for housing may rebound, the stronger figures may not last because of higher interest rates, economists say. [...]

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Posted in Money

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