RICS publishes information paper on green infrastructure
As climate change has moved quickly up the agenda for all governments, RICS has recently produced an information paper entitled 'Green infrastructure in urban areas'.
Fed: BofA 'Significantly Hindered' Foreclosure ProbeIn a court filing, federal regulators have accused Bank of America of being slow to provide documents and information in an investigation into the banking giant's foreclosure
AU: 1.0636 USD = 1 AUD 2011-06-14 RBA 4.00 pm Eastern Australian timeAUD/USD representative rate as at 4.00 pm Eastern Australian time on 14 Jun 2011
ANZ 'worried about home loan repayments'
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Is the tide starting to turn for the Perth housing market?Well… not yet based on the fact that home values are still falling, but the underlying fundamentals are starting to look much better compared with other capital cities. Perth home values have recorded the weakest results of any capital city, down 7.1% over the year to April 2011
RBA announces interest rate will remain unchangedThe Reserve Bank of Australia (RBA) announced on Tuesday that the Official Cash Rate will remain unchanged. The Official Cash Rate remains at 4.75% and the next RBA meeting will be held on the 5th July 2011,
Australians warned of home loan 'affordability crisis'
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ANZ's Australia chief executive has warned that home loan arrears will continue to escalate "for a while".The Australian chief executive of financial giant ANZ has expressed concern about mounting home loan arrears, but insisted risks to the wider economy remain relatively modest for the time being.
Australia faces a housing 'affordability crisis', according to Joe Hockey.The number of would-be buyers searching for cut-price home loan deals could be set to surge over the next few years, after a Liberal MP warned that house prices look set to continue on an upward trajectory.