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View Full Version : Asians on Record Building Spree in Australia's Apartment Market - Bloomberg



NewsWhore
04-11-2012, 11:50 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFTD8IUULebyAmo6mtj1dCrRi4hWw&url=http://www.bloomberg.com/news/2012-04-11/asians-on-record-building-spree-in-australia-s-apartment-market.html)


Asians on Record Building Spree in Australia's Apartment Market (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFTD8IUULebyAmo6mtj1dCrRi4hWw&url=http://www.bloomberg.com/news/2012-04-11/asians-on-record-building-spree-in-australia-s-apartment-market.html)
Bloomberg
... at 3 percent for five months; and the Hong Kong Monetary Authority, which doesn't have an independent interest-rate policy because of the local currency's peg to the US dollar, has kept its base rate at a record-low 0.5 percent since December 2008.

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