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Australia: Uncertainty may hold opportunity for property investors

Posted on 30 March 2012

Our property markets started the year in a tug of war, caught between falling interest rates on the one hand and market uncertainty on the other. Now that we’re almost a quarter of the way through the year, it’s worth reviewing what’s really going on in the property markets and what’s ahead for the rest of the year.
Commsec economist Craig James is calling Australia the boom and gloom economy. Our economy is still growing – unlike many others, especially in Europe – and underpinned by a mining boom, but consumers and businesses are gloomy………………………………………..Full Article: Source


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