AMP back in game, and Big Mac holds fire - 2004-03-06
THe Amp returned to business -- in a "champagne economy". And Lord Big Mac lets it all rip.

That was the week that was Down Under. What does it mean, for you, for, say, the rest of the year?

Wednesday morning we discovered that Lord Big Mac -- Reserve Bank governor Ian Macfarlane -- had "persuaded" his board to leave the official interest rate, and so your mortgage rate, unchanged for at least another month.
Read the full story at Herald Sun

Retail Sales in Norfolk, Va., Area Break $10 Billion in Record-Setting 2003 - 2004-03-06
Retail sales in South Hampton Roads' major cities broked the $10 billion mark in 2003, helped by homeowners reaping the benefits of refinancing and military personnel collecting bigger paychecks.

Low interest rates have prompted a rush to refinance. Homeowners save money on their mortgage payments and keep more money in their pockets to spend elsewhere.
Read the full story at Miami Herald