#RetailRecession #Economy #HeiseSays Let’s have a look at the KP Centre in Shailer Park south of Brisbane and see how a shopping centre can adapt to the loss of their anchor tenancy. References
Month: November 2019
#Housing #Economy #HeiseSays A new housing boom is being predicted for Australia. References Australian property: New record housing boom for most capital cities ‘just months away’, industry data reveals https://www.realestate.com.au/news/australian-property-new-record-housing-boom-for-most-capital-cities-just-months-away-industry-data-reveals/?rsf=syn:news:nca:news:spa:strap
#Finances #AUD #HeiseSays The argument is being made that the RBA hoping a fall in the Australian Dollar will increase employment and wages, I am concerned that increases in the cost of living will have a greater impact on average Australians. References Will a lower dollar bail out the economy, raise wages and lower unemployment? […]
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Banks Freeze Accounts
#Finances #Banks #HeiseSays Banks are acting as moral police and freezing accounts and banning clients. References Bank of Queensland ‘reviewing’ no tattoo parlour policy after Gold Coast artist’s accounts frozen https://www.news.com.au/finance/business/banking/bank-of-queensland-reviewing-no-tattoo-parlour-policy-after-gold-coast-artists-accounts-frozen/news-story/dd0dc298ff50601bd062af681b0a6541
#Property #RealEstate #HeiseSays An apartment shortfall is being predicted based on advertising data. Once again I am sceptical. References Slump in new apartment projects means shortfall in 2021
#Property #RealEstate #HeiseSays REA is claiming that the end of the property boom was manufactured. References https://www.smh.com.au/business/companies/about-as-bad-as-it-can-get-rea-boss-bemoans-worst-market-for-property-in-decades-20191108-p538ow.html?fbclid=IwAR3UM5jA4C94d67mb3GgVYiBCfXFna6JSrWPb5uCXbzGwRJJl6KajtGhx_E
#IronOre #Australia #HeiseSays Australia’s dependency on Iron Ore is concerning because of the falling Iron Ore Market. References ‘Failed souffle’: Warning for Australia as iron ore begins to fallhttps://www.watoday.com.au/business/the-economy/failed-souffle-warning-for-australia-as-iron-ore-begins-to-fall-20191105-p537gw.html https://tradingeconomics.com/commodities https://oec.world/en/profile/country/aus https://oec.world/en/profile/hs92/2601/
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Australia’s Gold Export Boom
#Gold #Australia #HeiseSays Gold is driving our recent export boom. References Exports balloon to record high as trade surplus bounces back https://www.abc.net.au/news/2019-11-07/exports-balloon-to-record-high-as-trade-surplus-bounces-back/11681754?section=business https://tradingeconomics.com/australia/currency https://oec.world/en/profile/country/aus https://oec.world/en/profile/hs92/7108 http://www.australianminesatlas.gov.au/mapping/downloads.html#openkmz
#NAB #Banking #HeiseSays NAB profits plunge. References https://www.nab.com.au/content/dam/nabrwd/documents/reports/corporate/fy19-investor-presentation.pdf ‘Disappointing’: NAB profits tumble 10.6 per cent, executives miss out on bonuseshttps://www.smh.com.au/business/banking-and-finance/nab-profits-tumble-10-6-per-cent-as-customer-compensation-costs-bite-20191107-p5385q.html
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Luxury Apartments Dropping 25%
#Property #RealEstate #HeiseSays Off-The-Plan apartments at Australia 108 have plunged in value by up to 25%. References ‘Stupidity’: Buyer rues overpaying for apartmenthttps://www.afr.com/property/residential/my-own-stupidity-buyer-rues-overpaying-for-australia-108-apartment-20191106-p537tk?&utm_source=facebook&utm_medium=social&utm_campaign=nc&eid=socialn:fac-14omn0053-optim-nnn:nonpaid-25/06/2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_facebook&fbclid=IwAR2RHfmc4N00yhv14g7Cg1Eo3rXBmH1klyc25BFpepHcoLrlfpah2hNBqzQ