Graham Leach - Investor Finance Stragegist http://www.investorfinance.com.au/gleach Investor Finance Mortgage and Investment Strategist Thu, 20 Aug 2009 12:34:34 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Cash rate at 49-year low http://www.investorfinance.com.au/gleach/cash-rate-at-49-year-low/ http://www.investorfinance.com.au/gleach/cash-rate-at-49-year-low/#comments Mon, 10 Aug 2009 04:56:02 +0000 admin http://www.investorfinance.com.au/dcaldwell/?p=128 According to API the market is now sitting at a 49 year low.

This article states:

Stevens stated how the downside risks to the global outlook have diminished but not disappeared, but Australia’s economic conditions in both consumer spending and exports have been stronger than expected.

“Measures of confidence have recovered a good deal of ground. This suggests that the risk of a severe contraction in the Australian economy has abated,” said Stevens.

This is a great time to buy!

Please contact me if I can help you more.

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