Archive for September, 2008

Third World Real Estate September 26, 2008 No Comments

If you think you have it tough, what about Beach & Bay’s staff member, Rachael, who has temporarily gone as a volunteer to teach English in Ghana, where real estate doesn’t come with a toilet. Here is her story as at September 08.
“Started teaching this week 100 students in total and no toilets. So far [...]

The Stamp Duty Cash Cow Dries Up September 10, 2008 No Comments

It has taken a blood bath in the political world of NSW state politics to uncover the mess that our state is in. It seems that the state government was not worried about inflation with its spending habits over the last few years. It seems like what’s good for residents and businesses of NSW is [...]

IT’S OFFICIAL, WE HAVE A RATE CUT September 2, 2008 No Comments

The Reserve Bank has just announced the much anticipated rate cut of 25 basis points to 7% effective 3rd September, 2008. It is the first reduction in nearly 7 years.
The big 4 banks (Westpac, CBA, ANZ and NAB) have immediately decided to pass on the rate cut, effective from September 8, 2008. This means borrowers [...]