Said a considerable period of time might be Something Like six months and what people wanted to know is a reflective discussion that the fed had, and it looks like not necessarily. Janet yellen gave a week or so ago what some people describe as the most dovish speech by a fed chair possibly ever. Right. So it took maybe a little bit longer for the message to get through to the markets. Well see how long this lasts, but its a pretty decent reaction to the stock market. And to your point she had already walked back in laying the framework for why the unemployment situation in this country is still weak, saying its still cyclical, saying the fed needs to do more until its healed more. Made the case. The minutes would seem to suggest more members wanted to make sure they didnt process jumping to any tightening before they were ready for it, before the economy was ready for it. Is this something to build on, the last couple of days or just a dead cat balance a momentarily blast of enjoyment
Yarra River office sells to bio-medical group for $16m
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Bio-medical group AXXIN has swooped on a freestanding office set on the Yarra riverbank in Eaglemont, paying $16.6 million.
The office at 677 The Boulevard, is on a 9020-square-metre corner site, fully leased to social welfare group Berry Street Victoria. The deal reflected a 6.36 per cent yield.
AXXIN, which is located on Heidelberg Road, Fairfield, plans to occupy the 3216-square-metre office in the future.
Colliers International agents Joe Kairouz, Hamish Burgess, Trent Hobart and Peter Bremner negotiated the transaction.