PREVIEW: Australian Housing Demand May Be On The March
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SYDNEY (Dow Jones)--Housing demand may be on the rise again after a hiatus of half a year, bringing with it significant pressure on the Reserve Bank of Australia to raise interest rates.
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A spokesman from the National Bureau of Statistics (NBS) said here Friday that multi-fators have pushed up the housing price. Statistics show that the prices of housing and
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Campaigning was never going to be easy for opposition Labor Party leader Mark Latham: an Australian economy into its 13th year of expansion, interest rates at their lowest in 30 years, inflation in check an close race likely to be decided in just a
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Australia&#39;s way ahead depends almost entirely on our community&#39;s understanding of just one word - trust. Announcing October 9 as the date for the next Federal Election, Prime Minister John Howard has hooked his star to that one word.
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Interest rates are on the way up but borrowers who have been biting their nails in anticipation of a rise can rest easy - until after the federal election, at least, when the sharemarket is also likely to move higher.
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This morning, as Australians prepare to vote in their federal election, John Winston Howard looks increasingly likely to win a fourth term as Prime Minister, eclipsing Labor&#39;s Bob Hawke to become
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Following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed Dec. 24.
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THE AUSTRALIAN stock market could open weaker today, reflecting Friday&#39;s late slump in US trading. A downturn would contrast markedly with the expectations of local traders who went home for the weekend believing
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Housing starts have been very high relative to the number of homes that builders are trying to sell.
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SYDNEY (Dow Jones)--Continued strong steelmaking demand from China is expected to drive an 18.6% lift in iron ore prices for Australian producers into 2005, the government&#39;s Australian Bureau of Agricultural &amp; Resource Economics said Monday.
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New figures suggest buying to let - a phenomenon of the housing boom - could be waning.
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Australia&#39;s chief commodities forecaster, the Australian Bureau of Agriculture and Resource Economics, said Monday livestock exports will be nudged higher in the current economic year as overseas markets retain their appetite for Australian beef and lamb.
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This week will see the release of October new and existing home sales, a measure of strength in the housing industry. But the short holiday week will also leave investors looking ahead to the holiday travel season.
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Wall Street may find itself on the  defensive next week if reports on housing and growth suggest  that the United States economy is headed for an acute slowdown  despite the Federal Reserve's pause in its two-year cycle of  interest-rate increases.
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Even the rosiest forecasts for next year&#39;s real estate market caution that higher interest rates nationally could shrink the pool of potential home buyers.
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Australia&#39;s equity market and currency may rise following the Liberal-National coalition&#39;s election to a fourth term in office after pledging to extend 13 years of economic growth and keep interest rates low.
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Australia's government looked set for a  fourth straight term, according to a poll trend released on the  eve of Saturday's election, as rival leaders made last-minute  pitches over the economy and the U.S.-led Iraq war.