Wednesday 30th July 2008 |
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Total dwelling permits fell a seasonally adjusted 0.7% in June, following a revised 7.2% tumble in May, the Australian Bureau of Statistics said. A total 12,237 permits were approved last month.
The Reserve Bank of Australia last month kept its benchmark rate unchanged at a 12-year high 7.25% this month and Governor Glenn Stevens said more-expensive credit was likely to result in "a period of significantly slower growth in demand in Australia."
New Zealand's exports to Australia rose 27% in the 12 months ended June 30 to NZ$9.2 billion, accounting for about 23% of the nation's total shipments.
Second St John withdrawal of labour takes effect tomorrow with further strikes likely
Sanford Appoints Independent Director
CRP ADVISES CLOSURE OF SHARE OFFER TO EXISTING INVESTOR
Devon Funds Morning Note - 14 August 2024
OCR 5.25% - Monetary restraint tempered as inflation converges on target
Consumers still need due diligence as new deposit takers emerge.
Woolworths strike: staff asked to dress up in Disney costumes for a week on their own dollar
Turners Invests in Quashed Online Insurance Platform
PGW Reports on Challenging Year
Arvida Announces Executive Team Changes