|
|
Property market confidence still low in Australia despite interest rate cutLower interest rates in Australia are unlikely to do much to restore confidence in the housing market, experts warn.
London is emerging as the key centre for Islamic finance outside of the Middle East as financial institutions clamber to become part of a growing market. Currently it is estimated that Islamic banking manages funds of $200 billion. It is predicted to increase by up to 15% a year and be worth a trillion dollars by 2010.
North Africa's smallest nation, Tunisia, may be mightily overshadowed by near neighbours Morocco and Egypt in the current property press.
Subscribe to our weekly newsletter and stay updated on the property market trends.
Subscribe now >>