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Fletchers Group News Update – 4 April

April 3rd 2013

There was no auction clearance rate recorded by the REIV last weekend due to the Easter break, with fewer than 100 auctions scheduled. There is an improvement on numbers this weekend despite school holidays, with the REIV expecting around 460 auctions. 

On Tuesday the Reserve Bank of Australia kept official interest rates on hold again, as was widely expected. In a statement accompanying the decision, RBA Governor Glenn Stevens noted: “there are a number of indications that the substantial easing of monetary policy during late 2011 and 2012 is having an expansionary effect on the economy”. Read the full statement here

If you’re wondering how to keep the kids busy over the school holidays, visit kidspot.com.au which is a website full of fabulous ideas and resources. 

Enjoy the rest of your week!