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Borrowing Capacity Boosted by 14pc

Australian’s borrowing power got a major boost this week, when the Australian Prudential Regulations Authority (APRA) loosened the lending criteria it had forced on the banks. APRA announced on Friday that it is scrapping the obligation on banks …

Ghost Shops Haunt New Apartment Blocks

We’ve all seen the glossy brochures for new apartments with street filled with shops and passers-by. But, according to a new ABC report, many apartments are remaining empty – deadening the feel of the new development. Australian’s shopping …


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