| House prices in Brisbane and Perth are tipped to be the most likely to lift on the back of yesterday's cut in the official rate by the Reserve Bank.
Jason Anderson, NSW economics manager for researcher MacroPlan Australia, said while Sydneysiders had the largest mortgages, Perth and Brisbane home owners would proportionally be the greatest beneficiaries from the 25-basis-point cut. This was because both markets had been the weakest of all the state capitals in the past year...............................................Full Article: Source
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