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Home-loan approvals shrink for a fifth month

June 18, 2018
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Home-loan approvals fell more than expected in June as decade-high interest rates scared buyers out of the real estate market. (Sydney Morning Herald — 6 August, 2008)
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Australia added more jobs than expected in July even as economicgrowth slowed, raising doubts the RBA will cut official interestrates next month. – Brisbane Times (The Brisbane Times — 7 August, 2008)
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Demand for mortgages has shrunk to the lowest level in four yearsas 12-year high interest rates continue to disrupt dreams of homeownership, says the ABS. – Brisbane Times (The Brisbane Times — 6 August, 2008)
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RELIEF for struggling mortgage holders is on its way, with marketsnow 100 per cent certain that the Reserve Bank will begin cuttinginterest rates next month. (Sydney Morning Herald — 6 August, 2008)
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Reserve Bank cut expected – Brisbane Times (The Brisbane Times — 20 hours ago)
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Australia’s athletes had better bring back a swag of gold medals from Beijing because their wilting Aussie dollars won’t snag them as many souvenirs as they would have just three weeks ago. (Sydney Morning Herald — 8 August, 2008)
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