Real Estate

Gran’s Bay St monopoly for sale

The Mottee family outside Rathgael. L to R: Grandchildren Ally Holmes, Lizzie Holmes, Sarah Holmes, Grandmother Matina Mottee, son Peter Mottee, grandchildren Ella Mottee, Luke Mottee, and daughter Rene Holmes. Picture: JOHN APPLEYARD Source: News Limited SOME people collect stamps while others collect coins. Croydon resident Matina Mottee collects houses …

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Business

Radical plan to take down the banks

Economists have called for the formation of an Australian state-run bank to provide core financial services, similar to Sparkassen and Landesbanken in Germany, Nutsspaarbank in the Netherlands, and Kantonalbanken and Postfinance in Switzerland. Source: Supplied FOR years, the big banks have used ordinary Australians’ money to subsidise their risky activities, …

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Money

Banks set to face credit card probe

Senator Sam Dastyari is leading a push for fairer credit-card interest rates. Picture: Tim Hunter. Source: News Corp Australia FINANCIAL regulators look set to investigate the record gap between the official interest rate and the price of paying with plastic. The Reserve Bank of Australia’s assistant governor for the financial …

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Finance

Economic growth tipped to slow

Economic growth is expected to slow to 1.9 per cent. Source: News Corp Australia ECONOMIC growth is expected to have slowed significantly, with little signs of life outside of the housing and mining sectors. The annual rate of growth is expected to have slowed to 1.9 per cent in the …

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Finance

RBA leaves interest rates on hold

Today’s decision was widely expected by the market. Source: Getty Images THE Reserve Bank has left the official cash rate on hold at its historic low of 2.0 per cent, although economists have flagged a further cut could be on the cards for August. The RBA cut rates last month …

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Real Estate

The one place to buy a house right now

John McGrath, one of the country’s most successful property mogul’s and founder of McGrath Estate Agents. Source: News Corp Australia PROPERTY powerhouse John McGrath says there’s only one place in all of Australasia to be buying real estate right now. And that’s in south east Queensland. The founder and CEO …

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Business

How the office is going to go crazy

A little part of a sequence to integrate your core yoga; sequence; how; to; obliques; work; out; core; training; health; wellbeing; peace; calm; The future of working … Research officer Katharine McBride has a standing desk at SAHMRI (South Australian Health and Medical Research Institute) in the Wardliparingga Aboriginal Research …

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Money

Investigate credit card rates: Treasury

In deep … Australians are currently paying interest on $33bn worth of credit card debt. Source: Supplied 12.25pm update: THE widening gap between the official interest rate and credit card interest rates is “well worthy of further deep investigation”, according to the new Federal Treasury head, who is worried about …

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Real Estate

Home values drop

House prices dropped in most capital cities in May. Picture: Luke Marsden. Source: News Corp Australia PROPERTY values have dropped in almost every major capital city in the past month. The latest CoreLogic RP Data hedonic index today revealed a 0.9 per cent drop across the combined capital cities for …

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Business

Budget fails to boost confidence

Sales expectations have fallen sharply, as have plans to employ more staff. Source: istock BUSINESSES are becoming increasingly pessimistic despite the tax breaks included in the recent federal budget. A survey by Dun and Bradstreet has found sales, profits, employment and investment all fell in the early part of 2015, …

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