Categories
Economy

Australian Manufacturing Slowdown

#Recession #Manufacturing #Australia The Commonwealth Bank Manufacturing PMI is showing that Australia’s manufacturing sector continues to slow down. Not a good sign. https://youtu.be/7SgKDKXmHYs References Manufacturing slowdown continues in Augusthttps://www.commbank.com.au/content/dam/commbank/assets/corporate/research/pmi/manufacturing_pmi-aug-2019.pdf

Categories
Property Real Estate

Sydney and Melbourne Property Booms

#RealEstate #Property #Boom Property in Sydney and Melbourne has gone up. The return of the boom driven by declining confidence in apartments perhaps? https://youtu.be/lATEJtbUhns References House price surge in Sydney and Melbourne drags national index higherhttps://www.abc.net.au/news/2019-09-02/house-prices-surge-in-sydney-and-melbourne/11469744

Categories
Property

Sydney’s $2 million Dollar Dumps

#RealEstate #Property #Auctions Deric and uninhabitable properties are selling for millions of dollars in Sydney because people want to buy before the coming boom. I have to ask, what could drive a boom in the Australian economy? https://youtu.be/J7sQ3AoNvuc References Collapsing hovels selling for up to $2 million as Sydney auction market turns red hot againhttps://www.news.com.au/finance/real-estate/collapsing-hovels-selling-for-up-to-2-million-as-sydney-auction-market-turns-red-hot-again/news-story/9ebe7550824c356bc7b7186b65cf6317

Categories
Finance

The Interest-Free Fee Risk

#InterestFree #Debt #Retail People are being caught out with fees and transaction charges on Interest-Free retail purchases. https://youtu.be/aYI2aEJu9nw References Sydney man slugged with huge hidden fees in ‘buy now, pay later’ offer https://www.news.com.au/finance/money/costs/sydney-man-slugged-with-huge-hidden-fees-in-buy-now-pay-later-offer/news-story/2471cf40421b59ce0ae6bd793c4037c7

Categories
Economy

Australia’s GDP Hit

#Australia #GDP #Recession Economists are predicting another reduction in Australia GDP growth this quarter. Let’s see if the RBA forecasts are incorrect once again? https://youtu.be/BooLsvLSgvE References GDP to take another step down, but how low will it go?https://www.abc.net.au/news/2019-09-01/gdp-to-take-another-step-down-but-how-low-will-it-go/11462508?section=business

Categories
Economy

Job Advertisements Plunge

#JobAdvertisements #Recession #Employment Job advertisements have plunged in the latest data released by ANZ. References https://media.anz.com/content/dam/mediacentre/pdfs/jobads/2019/September/ANZ%20Job%20Ads%20Aug%2019.pdf

Categories
Economy

Australian Businesses Feel The Weak Economy

#Recession #Australia #Economy Australian businesses are feeling the weakness of our economy. References Businesses cut back as weak economy puts pressure on profits https://www.abc.net.au/news/2019-08-30/business-cut-back-as-weak-economy-puts-pressure-on-profits/11462736?section=business

Categories
Economy

Auction Clearance Rates – 1st Sept 2019

#Investing #Property #AuctionClearanceRates Let’s look at the Auction Clearance Rates for the 1st of September 2019. Featuring a special fathers day guest at the end. References Auction Results & Recent Sales https://www.realestate.com.au/auction-results/?rsf=edm:salesresults

Categories
Economy

Debt Collectors Bankruptcy Strategy

#Recession #DebtCollection #Bankruptcy Debt collectors are using Bankruptcy as a strategy to collect on outstanding debts. References