Atually there were calls that RE prices will rise as per Mittas post yesterday..
http://hotcopper.com.au/post_single.asp?fid=1&tid=1857914&msgid=10838296
Anyways at your 4% reduction in basket price the profit PA is till about $450 Million give or take a couple of million...
Atually there were calls that RE prices will rise as per Mittas...
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