Heise Says
#Stockland #Recession #Retail Stockland is halfway through a $1 billion dollar divestment or selloff of their non-core retail portfolio. Certainly an indication of where the smart money is moving and perhaps a sign of the medium-term retail future for Australia? References STOCKLAND FY19 RESULT – FOCUS ON SUSTAINABLE RETURNS http://clients3.weblink.com.au/pdf/SGP/02136031.pdf
#Export #IronOre #Australia Australia’s export boom may be over and with the budget surplus. It’s concerning that our nation is so dependant on one resource. References The export boom may have peaked as key commodities roll over https://www.abc.net.au/news/2019-09-05/iron-ore-on-the-slide-as-export-boom-may-have-peaked/11481614?section=business
#CashBan #Australia #Treasury Treasury has received over 4000 submissions against the Cash Ban and the CEC is continuing to spread awareness. https://youtu.be/7U_HdfgwvQM References Unprecedented blowback against cash ban—Treasury swamped with 4,000+ submissions! https://cecaust.com.au/media-releases/unprecedented-blowback-against-cash-ban-treasury-swamped-4000-submissions
#Construction #NAB #Walton NAB is facing a potential $74 million lawsuit from over 1000 creditors for their apparent role in the Walton Construction Collapse. References https://www.abc.net.au/news/2019-09-04/nab-could-face-$74million-suit-over-walton-construction-collapse/11466506?section=business
#Silver #DOW #Investment The Dow Jones dropped last night and silver responded. Let’s learn about how the Dow is actually calculated and consider the implications for Australia. https://youtu.be/lWodVqo8Cu0 References Dow Jones Industrial Average (DJIA) https://www.investopedia.com/terms/d/djia.asp
#Recession #Manufacturing #Australia The Commonwealth Bank Manufacturing PMI is showing that Australia’s manufacturing sector continues to slow down. Not a good sign. https://youtu.be/7SgKDKXmHYs References Manufacturing slowdown continues in Augusthttps://www.commbank.com.au/content/dam/commbank/assets/corporate/research/pmi/manufacturing_pmi-aug-2019.pdf
#Australia #GDP #Recession Economists are predicting another reduction in Australia GDP growth this quarter. Let’s see if the RBA forecasts are incorrect once again? https://youtu.be/BooLsvLSgvE References GDP to take another step down, but how low will it go?https://www.abc.net.au/news/2019-09-01/gdp-to-take-another-step-down-but-how-low-will-it-go/11462508?section=business
#JobAdvertisements #Recession #Employment Job advertisements have plunged in the latest data released by ANZ. References https://media.anz.com/content/dam/mediacentre/pdfs/jobads/2019/September/ANZ%20Job%20Ads%20Aug%2019.pdf
#Recession #Australia #Economy Australian businesses are feeling the weakness of our economy. References Businesses cut back as weak economy puts pressure on profits https://www.abc.net.au/news/2019-08-30/business-cut-back-as-weak-economy-puts-pressure-on-profits/11462736?section=business
#Investing #Property #AuctionClearanceRates Let’s look at the Auction Clearance Rates for the 1st of September 2019. Featuring a special fathers day guest at the end. References Auction Results & Recent Sales https://www.realestate.com.au/auction-results/?rsf=edm:salesresults