Tuesday, September 8, 2009

Confidence is Back

Australia's economic health has been given the all-clear with news that we've missed a recession, housing prices are on the up, the Aussie dollar is gaining strength and consumer confidence is edging upward.


The Reserve Bank of Australia (RBA) has upgraded its economic forecast and now expects stronger growth this year and next, making Australia the only OECD country to grow in 2009. All this spells good news for the housing market, where prices across all capital cities have been steadily rising.

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