Heise Says
#OttoRosebury #Balcony #Economy #HeiseSays Balconies at the Otto Rosebury are defective, with the body corporate letting only three people occupy them at a time. References https://www.news.com.au/finance/real-estate/buying/company-behind-opal-tower-fiasco-caught-up-in-new-building-defect-row/news-story/b356707b79f507a377b339a71a5b2f22
#MascotTowers #Construction #Economy #HeiseSays Owners of the troubled Mascot Towers are facing a potential bankruptcy over a difficult funding decision. References Mascot Towers residents given two ‘very bad’ options after building failure https://www.smh.com.au/national/nsw/mascot-towers-residents-given-two-very-bad-options-after-building-failure-20191009-p52z0e.html
#Housing #Bubble #Economy #HeiseSays Quantitative Easing and Negative Interest Rates could potentially restart the Australian Housing Bubble. References https://www.businessinsider.com.au/australia-housing-bubble-rba-negative-interest-rates-qe-2019-10
#Business #Recession #Economy #HeiseSays Consumer sentiment hits a four year low. References https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/aw/economics-research/er20191009BullConsumerSentiment.pdf
#Business #Recession #Economy #HeiseSays The latest NAB Business Confidence survey shows another decline in business confidence. References https://business.nab.com.au/nab-monthly-business-survey-september-2019-36962/
#QuantitativeEasing #Recession #Economy #HeiseSays Is the media preparing people for Quantitative Easing? References https://www.abc.net.au/news/2019-10-07/rba-interest-rates-approach-zero-quantitative-easing/11574590?section=business
#Retail #Recession #Economy #HeiseSays Empty shelves and failed departments stores signal the growth of the retail recession. For a sector that employed nearly 10% of the Australian workforce, this is a big concern. References Empty shelves as Debenhams’ sole Australian department store prepares for the end https://www.news.com.au/finance/business/retail/empty-shelves-as-debenhams-sole-australian-department-store-prepares-for-the-end/news-story/3d09c7306e83b09b26537b516a0e53f4 Retail Trade http://lmip.gov.au/default.aspx?LMIP/GainInsights/IndustryInformation/RetailTrade
#Australia #Population #HeiseSays Australia’s population will continue to grow to 30 million people by 2030. References
#PerthBullion #Gold #Silver #HeiseSays Thefts have been discovered from Perth Bullion References
#Recession #Trade #Economics #HeiseSays Fears of a global recession grow. References ASX tumbles $74b in two days over global recession fears https://www.abc.net.au/news/2019-10-03/asx-tumbles-3pc-in-two-days/11570156?section=business