Our Backyard – Aireys Inlet

Welcome to Aireys Inlet.

Business groups have urged the Reserve Bank to cut interest rates in a bid to lift the mood of consumers, who are as pessimistic about their personal finances as they were during the recession of the 1990’s.

Calls yesterday for an interest rate cut from the Australian Chamber of Commerce and Industry and the Australian National Retailers Association came after consumer sentiment fell to its lowest in eight months.

Business groups were joined by the unions and Westpac chief economic Bill Evans in calling for a cut in interest rates after households perception of their own finances, which most influences spending, dropped to the lowest since the global financial crisis and was now in line with the levels of the 1990’s recession.

This sentiment flows through to buyers seeking to purchase ‘lifestyle real estate’ which partly explains the slowdown in sales activity we have seen on the coast over the past twelve months.

Open for inspection this weekend

Saturday April 14, 2012

11.00-11.45 Narani Way

1.00-1.30 10 Anderson Street

2.30-3.00 8A Bachli Court

3.00 -3.30 126 Harvey Street

Sunday April 15, 2012

11.00 -11.45 Narani Way

12.30 -1.00 25 Alice Street

1.00 -1.30 1 Werona Road

1.30 – 2.00 28 Old Neuk Road

James Worssam

james@greatoceanroadrealestate.com.au

0418 585 815

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