5 Things you need to know today
US stocks continue downtrend, will the RBA keep up its rate rise program?; rental vacancies at 16-year lows in Australia, + MORE.
Source: switzer.com.au
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Local Governments Become Major Land Buyers: Evergrande Update
(Bloomberg) -- Investment arms of Chinese local governments became major purchasers of land for property development last month, highlighting the financial strain on the real-estate sector and renewing concerns about repayment risks among these off-balance sheet state borrowers.
Source: bloombergquint.com