| Source: | Lateline Business |
|---|---|
| Published: | Wednesday, August 6, 2008 8:49 AEST |
| Expires: | Tuesday, November 4, 2008 8:49 AEST |
A day after the Reserve Bank signalled that interest rate cuts are on their way, there is new evidence that they are needed. Home loan approvals fell more than expected in June, as decade-high interest rates scared buyers out of the real estate market.
Electricity is vital for a basic standard of living in Australia, not an optional extra.
An elephant has turned over cars and injured its keeper in a five-hour rampage in India.
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