Victorian Growth Slows

Published on November 20, 2010 by Technology Slice

Victorian Growth Slows – The bureau’s annual estimates of state growth also show that over the four years since the last state election, the average Victorian’s disposable income has grown at the slowest pace in Australia – and barely half as fast as in Tasmania. In 2009-10 itself, Victoria grew by 2 per cent, second [...]

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Posted in General

Housing Market Set To Crash

Published on May 3, 2010 by Technology Slice

Housing Market Set To Crash – Edward Chancellor, of US investment bank GMO, says the Australian economy is yet to emerge from the global financial crisis, despite the widespread belief it has escaped the worst of it ahead of the rest of the world. Mr Chancellor, whose Crunch Time for Credit? was published in 2005, [...]

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Posted in Money

Australia’s Rich Suburbs

Published on March 25, 2010 by Technology Slice

Australia’s Rich Suburbs – The Sydney suburb of Edgecliff and surrounding area is the nation’s richest with an average income of more than $186,000 a year. That’s more than $20,000 ahead of Toorak in Victoria, which is Australia’s second wealthiest suburb with a mean income of more than $165,000. Victoria’s Portsea is the third richest, [...]

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Posted in Money

Interest Rates Decision: Interest Rates to Rise

Published on March 2, 2010 by Technology Slice

Interest Rates Decision: Interest Rates to Rise – Battling home owners could be paying almost $50 a month extra on the average mortgage if interest rates go up today. Experts expect the Reserve Bank will raise rates by 0.25 percentage points when it makes its statement in Sydney at 2.30pm today. They say a rate [...]

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Posted in Money

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