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Master Builders Chief Economist forecasts weaker commercial construction

Master Builders outlook on commercial construction  Master Builders Australia are forecasting that construction activity in the commercial building sector will soften in the next few years, but not all aspects of commercial construction projects are facing tough headwinds in a challenging economic environment. Master Builders’ Chief Economist, Shane Garrett said “Commercial building

Reserve Bank June 2017 Rate Announcement.

Australia Reserve Bank Boardroom

The decision The Reserve Bank of Australia (RBA) Board today announced their cash rate decision. North Queensland and Townsville home owners and buyers receive no interest rate relief. In a move that was widely predicted, the RBA has retained the current official cash rate at 1.50%. The RBA is expecting economic growth to

Australia’s Reserve Bank Rate Announcement

North Queensland and Townsville home owners and buyers receive little relief from the Reserve Bank of Australia Board today with their cash rate announcement. Australia's Reserve Bank has acted on the cash rate as predicted by most reputable economists and retained rates on hold at 1.50 percent. With inflation trending higher, a

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