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The governor of the Reserve Bank of Australia, Glenn Stevens, granted his first TV interview as governor this week to warn people that property prices were "getting quite high" and of the dangers of taking on too much mortgage debt
A QUEUE of hungry patrons stretches from the vegetarian food buffet right out into the front garden where African musicians play drums and chant reggae songs. The smell of curry mixed with sweet chai tea fills the air and an old Charlie Chaplin movie is projected above a packed room..read more
SYDNEY'S rents have fallen for the first time in three years. But they are likely to start rising again soon, analysts say, driven higher by increased interest rates and an employment market that appears to be stabilising.