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  - ELITEAGENT.COM - A La Une - 03/Jul 01:41

Interest rate cuts boost building approvals as RBA meeting looms

Australia’s housing market has received a shot of confidence, with new data from the Australian Bureau of Statistics (ABS) revealing a notable rise in building approvals ahead of the Reserve Bank of Australia’s (RBA) next monetary policy meeting. In seasonally adjusted terms, total dwelling approvals rose by 3.2 per cent in May to 15,212, breaking … The post Interest rate cuts boost building approvals as RBA meeting looms appeared first on Elite Agent.

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