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Who’s Working the Hardest? The OECD Publishes Society at a Glance

The Organization for Economic Co-operation and Development (OECD), the Paris-based group representing 25 countries, has just released “Society at a Glance”, giving an overview and comparison of social trends and policy development within the group. These include the amount of hours engaged in paid and unpaid work, life-expectancy, cultural tolerance and more.

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Australian Real Estate Outlook for 2010

Australia has performed very well in the last 12 months, in fact better than any other OECD country. So can we expect that to continue without end? Can we expect property prices and rents to continue to endlessly increase in Australia? A sensible and careful answer would be that Australia has performed better than most countries but to expect this to continue and take this for granted would be ill advised.

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Australian Interest Rates at Lowest Level in History

The Reserve Bank has slashed interest rates to the lowest level in history to 4.25%. The Reserve Bank cut rates by a full 100 basis points (1%), making property an attractive option for those in search of investment options given the volatility of the stock market. Australian interest rates have averaged over 8% for the […]

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Australia Will Likely Avoid Recession

Australia’s economy will avoid a recession next year, helped by lower interest rates, government spending and exports. A recent Report (Economic Outlook No 84) by the Paris-based Organization for Economic Cooperation and Development (OECD) stated that the Australian economy will grow 1.7 percent in 2009 from 2.5 percent this year, before accelerating to 2.7 percent […]

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