UPDATE 1-Australia home building sluggish, rate cut looms - Forbes

Story date: 2008-09-01 09:11:00
Added on: 2008-09-02 00:32:21

SYDNEY, Sept 2 (Reuters) - Australian approvals to build new homes slipped in July beneath the weight of higher mortgage rates and rising building costs, adding to already widespread expectations of a cut in interest rates later on Tuesday. Yet ...


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