Heise Says
#Investment #Economy #HeiseSays Bellamy’sBaby Formula has been purchased by a Chinese government-backed company. References Bellamy’s baby formula’s $1.5b Chinese takeover bid approved by Treasurer Josh Frydenberg https://www.abc.net.au/news/2019-11-15/bellamys-baby-formula-chinese-takeover-approved/11707190
#Economy #Recession #HeiseSays Liquidators are taking on more staff and preparing for growth in 2020. Not a good sign for the economy. References Business is booming for liquidators and that’s a bad sign for everyone else https://www.abc.net.au/news/2019-11-15/business-is-booming-for-liquidators-and-that-is-a-bad-sign/11705492?section=business https://insolvencynotices.asic.gov.au/browsesearch-notices https://www.afsa.gov.au/statistics/annual-statistics
#RealEstate #Property #HeiseSays Housing Affordability is now being used to create fear of missing out. References Housing affordability in Australia has slumped, ANZ CoreLogic report reveals Inflation and Housing Housing affordability in Australia https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability Rich are getting richer, but stagnating wages mean income inequality is steady https://www.abc.net.au/news/2019-07-12/household-income-and-wealth-abs-data-shows-rich-are-richer/11302696 6523.0 – Household Income and Wealth, Australia, 2017-18 […]
#CashBan #Treasury #HeiseSays The multinational firm KPMG has called for the cash payment limit to be reduced to $2000. Let’s look at their submission to treasure and remind ourselves why this is an attack on our liberties. References Currency (Restrictions on the Use of Cash) Bill 2019 https://www.treasury.gov.au/consultation/c2019-t395788 More Treasury Cash Ban Tricks – KPMG […]