Business
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Rate cut could lead to home buying boom
The Reserve Bank of Australia has cut official interest rates from 2.75 per cent per annum to 2.50 per cent, bringing an end to the three month hold at 2.75 per cent p.a
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Real rates
The Reserve Bank reduced the official cash rate to 2.5 per cent this week, which is good news for people with a mortgage, says Mark Bouris
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Weigh up your credit card options carefully
Credit card interest rates have come down by just over half of the cuts in the Reserve Bank’s official cash rate
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DIY commentary
A noticeable side effect of low-confidence economies is that businesses start to behave more like spectators than participants, notes Mark Bouris in this week’s column
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Oil and gas tycoon remembered
Greek American George P. Mitchell revolutionised oil exploration and was ranked the 239th richest American in 2012
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Big banks have 75 per cent of all mortgages
The big banks’ share of the mortgage market fell from 79.4 per cent in March to 75.2 per cent in June, according to data from mortgage aggregator AFG
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Allocations
What is asset allocation all about, and how to make good decisions about investing your retirement savings.