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RBA cuts rates to boost economic activity
05 February 2015
The Reserve Bank Board voted to lower the Official Cash Rate for the first time since August 2013. Source: Timberbix “With Australia’s inflation pulse at its slowest in several years but domestic demand remaining weak, the RBA Board have cut rates to provide an opportunity for
Continue Reading →New home approvals remained strong in December
05 February 2015
Australian Bureau of Statistics (ABS) building approvals remained at an elevated, albeit slightly lower level in December 2014, after reaching their highest-ever monthly level during November. Source: Timberbiz Figures released this week by the Housing Industry Association show that t
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