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Real Estate Business Awards 2021

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

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1/10
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top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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RBA Leaves Cash Rate Unchanged - August 2009

By Staff Reporter
04 August 2009 | 1 minute read

The Reserve Bank of Australia (RBA) has kept interest rates on hold for the fourth consecutive month, leaving the cash rate at 3 per cent, a 49 year low.

In the central bank’s board meeting earlier today, governor Glenn Stevens said improved consumer confidence had fuelled the RBA’s decision to leave the rate unchanged.

“Economic conditions in Australia have been stronger than expected a few months ago. Measures of confidence have recovered a good deal of ground. This suggests that the risk of a severe contraction in the Australian economy has abated. The most likely outcome in the near term is a period of sluggish output,” Mr Stevens said.

According to Mr Stevens, the present setting of monetary policy is appropriate given the economy’s circumstances.

However, he said the board would continue to monitor how economic and financial conditions unfold and impinge on prospects for sustainable growth.

RBA Leaves Cash Rate Unchanged - August 2009
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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
Do you have an industry update?

top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.