Categories
Economy Recession

Coming Global Recession

#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

Categories
Economy Finance

Banks Profits Plunge

#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

Categories
Economy MRA

Gender Parity Before Lives

#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

Categories
Cash Ban

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

Categories
Real Estate

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

Categories
Economy Finance

Australia’s Small Business Tax Debt

#Taxes #Economy #HeiseSays Australia’s Small Business Tax Debt is growing, while GST revenue is also down. An economic foreshadowing and cashflow issues? References

Categories
Cash Ban Economy

The Cash Ban Passes the House

#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

Categories
Economy Recession Retail

Smart Money is Leaving Retail

#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

Categories
Economy

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

Categories
Construction

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