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Australians are spending less due to the decline in housing market

Houses for sale and lease are advertised in the window of a real estate agent at Bondi in Sydney.

Houses for sale and lease are advertised in the window of a real estate agent at Bondi in Sydney, Friday, April 24, 2009. (AAP Image/Tracey Nearmy) NO ARCHIVING Source: AAP

Australian reserve bank keeps the interest rate at 1.5 for the 27th month in a row


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