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  1. Property - International - AUSTRALIA

    Retirees spark trailer park home boom in Australia

    Posted Oct 15th 2014, 05:09am by Bloomberg

    ... boom generation," Kelly said. "The limitation on the industry is going to be the availability of capital, and the education of banks to provide debt." The burgeoning market ...

    http://www.scmp.com/property/international/article/1616307/retirees-spark-trailer-park-home-boom-australia
  2. News - World - AUSTRALIA

    Giant white-headed crocodile shot after killing Australian fisherman

    Posted Aug 19th 2014, 10:12pm by AFP

    ... line late on Monday. Police said the man's wife was with him on the river bank but did not see the moment the animal, believed to be 4.5 metres long, attacked. "The initial ...

    http://www.scmp.com/news/world/article/1577132/giant-white-headed-crocodile-shot-after-killing-australian-fisherman
  3. News - World - AUSTRALIA

    Giant crocodile and bull shark clash in northern Australian river

    Posted Aug 06th 2014, 10:52pm by AFP

    ... and seven-year-old daughter on Tuesday when they spotted something unusual on the river bank. Earlier they had watched as crocodiles, including the huge 5.5-metre male known as Brutus, leapt out of the water to eat pieces of buffalo meat held out on a pole. "It was on the way back to the jetty, we went past Brutus again, he was up on the bank," Paice said from Kakadu National Park. "As ...

    http://www.scmp.com/news/world/article/1567877/giant-crocodile-and-bull-shark-clash-northern-australian-river
  4. Property - International - AUSTRALIA

    Chinese buying of Australian homes surges

    Posted Aug 07th 2014, 05:44am by BLOOM

    ... director Joseph Zaja said. The value of mortgages the closely held company arranges through Australian banks is expected to climb to A$500 million in the 2015 calendar year, he said. Ausin ... first set up Ausin in 2009, banks would only finance developments where less than 30 per cent was sold to overseas buyers, he said. "Now, that's up to 100 per cent in some cases," ...

    http://www.scmp.com/property/international/article/1567889/chinese-buying-australian-homes-surges
  5. Property - International - AUSTRALIA

    Gains in Australian home prices defy talk of market correction

    Posted Aug 06th 2014, 05:15am by Reuters

    ... further capital gains with interest rates remaining low and fixed rates falling further. Australia's major banks recently cut three and five-year fixed-rate mortgages to record lows below 5 per cent, even with the Reserve Bank of Australia expected to hold its cash rate steady at 2.5 per cent for some time yet. However, Lawless said the growth in home prices was tapering in trend ...

    http://www.scmp.com/property/international/article/1567067/gains-australian-home-prices-defy-talk-market-correction
  6. Property - International - AUSTRALIA

    Australian homeowners paying off mortgages at breakneck pace

    Posted Apr 23rd 2014, 05:20am by Reuters

    ... as houses" has been an oxymoron since the global financial crisis. But it still has a resonance for Australians who use their homes as a piggy bank, salting away money by paying down their mortgages ... in their homes by paying down their mortgages at an accelerated pace. "It's a huge advantage for the market," says Michael Workman, a senior economist at Commonwealth Bank, who estimates ...

    http://www.scmp.com/property/international/article/1494491/australian-homeowners-paying-mortgages-breakneck-pace
  7. Property - International - AUSTRALIA

    Bitcoin meets bricks and mortar

    Posted Apr 02nd 2014, 05:47am by Bloomberg

    ... world Forsyth Real Estate, a Sydney-based property broker, will accept property deposits and payments from sellers in virtual currency bitcoin to lure business from Chinese homebuyers. ... had not yet taken deposits in the virtual currency, it expected to soon, Johnston said. The broker is Australia's first property agency to accept bitcoins, the most popular digital ...

    http://www.scmp.com/property/international/article/1462527/bitcoin-meets-bricks-and-mortar
  8. Property - International - AUSTRALIA

    Foreigners push up Australian home prices

    Posted Jul 02nd 2014, 04:49am by BLOOM

    ... in housing," which supported the bank's forecast of a 7 per cent increase in prices this year, they said. Rising home prices posed some medium-term risks to the nation's economy, ... of the Reserve Bank of Australia, said at a hearing held as part of the housing inquiry last week. Australia tightened rules on foreign investment in real estate in 2010, requiring offshore buyers ...

    http://www.scmp.com/property/international/article/1544377/foreigners-push-australian-home-prices
  9. Property - International - AUSTRALIA

    Australians lured to residential market by record-low interest rates

    Posted Oct 02nd 2013, 12:00am by Bloomberg

    ... Bloomberg Australian banks face higher risk as self-funded retirees and others push for piece of a boom Investors lured by record-low mortgage rates Dharmendra Singh has spent A$1.3 million (HK$9.4 million) since July on two houses 39 kilometres northwest of Sydney, drawing on an existing mortgage to pay a deposit on one and taking out two new loans. "Low interest rates ...

    http://www.scmp.com/property/international/article/1322224/australians-lured-residential-market-record-low-interest
  10. Property - International - AUSTRALIA

    Australia's central bank selling Sydney mansion

    Posted Feb 19th 2014, 05:10am by Bloomberg

    ... Bloomberg Central bank selling Sydney mansion The Reserve Bank of Australia is seeking to sell a 9,902 sq ft residential property in a harbourside suburb of Sydney amid the highest home prices the city has seen. The central bank has listed for sale the six-bedroom Eversley mansion near the northern end of the Sydney Harbour Bridge through broker Ray White Group, according ...

    http://www.scmp.com/property/international/article/1430433/australias-central-bank-selling-sydney-mansion

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