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GPT Group has sold its Bankstown Homemaker Centre for $25.2 million, on a high yield of just over 10 per cent. The 18,600 square metre centre was valued at $24 million at December 31, 2009, the SMH reports. Another three assets in the Homemaker Centre portfolio are still being marketed. [...] In Australia , figures on car sales, business investment and construction activity will be watched for their possible impact on whether the RBA will raise interest rates again at its December board meeting next week. … (By the way RBA Governor, Glenn Stevens, will make his third speech in four months on December 8 in Sydney when he talks about the economic prospects for 2008.) There will be more AGMs this week. They will include Dominion Mining, BHP Billiton, IiNet, … [...] |
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