Interest rate cut welcomed by REINSW
Posted on Wednesday, February 4, 2009 in Australia's Monetary Policy, Peak Industry Body
Today’s full one per cent cut in official interest rates has been welcomed by the Real Estate Institute of New South Wales.
The 1% cut in official interest rates was announced by the Reserve Bank late today.
“Today’s action by the Reserve Bank is timely as the state desperately needs to attract investors back into the market,” said REINSW Steve Martin.
“This cut will hopefully deliver the type of momentum needed to kick start investor activity in NSW. Read the rest »
Sponsors
What I am up To
- RT @abcnews: NASA revises down threat of giant asteroid hitting Earth http://t.co/Cep6KysB http://twitter.com/CoreylG
- #real estate Property Values are based on Recent Sales http://twitter.com/CoreylG
- RT @michaelyardney: Property markets are flat & investors are worried values are falling. Find out where property prices are heading htt ... http://twitter.com/CoreylG
- RT @crepigsite: Moodys/MIT Commercial Property Index CPPI and Transactional Based Index TBI http://t.co/4akiLpMm http://twitter.com/CoreylG
- RT @SharonHayes: 3 Reasons The Google +1 Button Is A Game Changer http://t.co/oGyGxiQX by @KevinMinott RT @gupshupblog @IamPramit @joyce ... http://twitter.com/CoreylG
