Daily economic round-upBY PETER BELL | FRIDAY, 25 AUG 2006 12:27PMThe release yesterday by the ABS of the House Price Index showed an increase of 3.1 per cent over the June quarter which tallies to an annual growth rate of 6.4 per cent which is the fastest annual rate since December 2003. Perth house prices led the nation with a quarterly increase of 11.9 per cent taking the annual increase to 35.9 per cent. Although Sydney lagged behind other capitals the growth rate of 1.4 per cent was the highest for 10 quarters. |
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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
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