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Archive for the ‘Latest News’ Category

Azzam Derbas

RBA cuts rates

Tuesday, 06 December 2011

The RBA has cut the official cash rate for the second consecutive month, dropping the rate by 25 basis points to 4.25 per cent.

Last month … more »

Azzam Derbas

Breaking News: RBA CUTS RATES

This afternoon, the Reserve bank cut 25 basis points from the official cash rate, the new rate is now  just 4.5 per cent.

The announcement failed to shock industry experts, many economists predicted a … more »

Azzam Derbas

Stamp duty changes for first home buyers

Aspiring first time buyers as well as investors have been dealt a blow following the NSW government’s decision to remove stamp duty exemptions for first home buyers.

As of January 1, … more »

Azzam Derbas

Budget put before first home buyers

Stamp duty concessions for first home buyers will be scrapped commency January 1st 2012.
REINSW warns the NSW Budget change to stamp duty concessions will not improve affordability.The NSW Budget announcement … more »

Azzam Derbas

INTEREST RATES: It’s time for a cut.

In response to the Global Financial Crisis the Reserve Bank of Australia (RBA) cut official interest rates by 4.25 percentage points from September 2008 and … more »

Azzam Derbas

Statistical data about Parramatta City LGA

Paramatta City – Community Profile
The Parramatta City Community Profile is designed to inform community groups, Council, investors, business, students and the general public. To achieve this, the Profile is formatted … more »

Azzam Derbas

Rents to rise in 2010

Rising interest rates and an severe under supply of housing could force rents further up in some parts of the country.

According to figures released by BIS Shrapnel, the national average … more »

Azzam Derbas

Honeymoon rates could bite recent first home buyers

First home buyers that chose low introductory rates will feel the pressure of rate rises.

Many first home buyers were enticed to enter the market because of the increased government grant, … more »

Azzam Derbas

RBA highlights future housing shortage

Record immigration can be a major boost for the country’s economy in the coming years but it will put pressure on housing supply, the governor of the Reserve Bank of … more »

Azzam Derbas

Government evicts landlords from NSW

Residential investors will be forced out of the state’s residential rental market if proposed changes to the Residential Tenancies Act are introduced, according to the REINSW.

And in a ‘perfect storm’ … more »

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Parramatta, NSW 2150
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