#Recession #Economy #HeiseSays Are we heading towards a global recession? References Boom, doom and gloom: The forces uniting Australia and the United States https://www.abc.net.au/news/2019-10-28/forces-uniting-australia-and-the-usa-are-the-market/11644400?section=business
Month: October 2019
#Banks #Profits #HeiseSays The profits of the big four plunge. References Banks’ messy results will not cloud the not-so-pretty picture https://www.abc.net.au/news/2019-10-27/banks-messy-results-will-not-cloud-the-not-so-pretty-picture/11639074?section=business
#Employment #Economy #HeiseSays The Queensland Government is proud that they have achieved gender parity, but is this just ideology before lives? References https://www.theaustralian.com.au/nation/politics/gender-equality-push-risks-mine-safety/news-story/b98bf6267f1cb7bf4c0e6519971a150a http://statements.qld.gov.au/Statement/2019/10/23/we-said-we-can-do-it-so-we-did-queensland-reaches-gender-parity
The Cash Ban in the Senate
#CashBan #Economy #HeiseSays Can the Cash Ban be stopped in the Senate? References https://www.treasury.gov.au/consultation/c2019-t395788 https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6418 https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CurrencyCashBill2019 Cash-ban law under review as MPs argue it would push people into ‘clutches of the banks’, restrict freedom https://www.abc.net.au/news/2019-10-25/cash-ban-law-under-inqury-post-mp-concerns-on-freedom-breach/11640124?section=business
Dodgy Real Estate Advice
#RealEstate #Property #HeiseSays Dodgy professional advice and kickbacks are plaguing the development industry. References Property investors lose hundreds of thousands of dollars through unregulated real estate advice https://www.abc.net.au/news/2019-10-25/property-investors-lose-money-through-unregulated-advice/11631744?fbclid=IwAR3Hyzf1Z3DlaJ9VaMYvjiUt809lM339oqM7kTdtLCBqNf4W8S2aKtbFUMw
#Taxes #Economy #HeiseSays Australia’s Small Business Tax Debt is growing, while GST revenue is also down. An economic foreshadowing and cashflow issues? References
#CashBan #Economy #HeiseSays The $10,000 Cash Ban just passed the third reading in the house of reps. We need to #ShiftTheWindow and get greater diversity in the house of representatives. References https://www.aph.gov.au/news_and_events/watch_parliament
#RetailRecession #Economy #HeiseSays Smart Money is leaving the retail sector in Australia. References Lowy family severs all ties with Australian retail sector https://www.smh.com.au/business/companies/lowy-family-severs-all-ties-with-australian-retail-sector-20191016-p531e3.html
Gold Coast’s Population Boom
#PopulationGrowth #GoldCoast #HeiseSays Gold Coast’s population is expected to grow by 350,000. The only concern seems to be with the loss of character for the Gold Coast with no mention of employment or infrastructure issues? References Gold Coast has ‘lost its mojo’ as development and population boom throws character into question https://www.abc.net.au/news/2019-10-18/gold-coast-lost-mojo-development-throws-character-into-question/11594642
Hard Rock Hotel Collapse
#Construction #Collapse #HeiseSays The Hard Rock Hotel in New Orleans. References Cranes exploded, city hopes to finally retrieve two bodies stuck in Hard Rock Hotel ruins https://www.washingtonpost.com/nation/2019/10/20/new-orleans-officials-prepare-blow-up-two-giant-cranes-site-deadly-hard-rock-hotel-collapse