Categories
Economy

Australia’s Housing Bubble

#HousingCrash #HousingBubble #Australia Let’s look at some visual graphics showing which countries are currently at the greatest risk of being in a housing bubble and see where Australia sits? References Mapped: The Countries With the Highest Housing Bubble Risks

Categories
Economy

Nissan Cuts 10,000 Jobs

#Nissan #Recession #Manufacturing Nissan has cut globally cut 10,000 jobs. Another sign of global manufacturing slowing down which will have an understandable impact on the Australian economy. References Nissan to Deepen Job Cuts to 10,000 Worldwide, Kyodo Sayshttps://www.bloomberg.com/news/articles/2019-07-23/nissan-to-cut-an-additional-5-200-jobs-globally-kyodo-reports

Categories
Economy

The Public Sector Will Save the Economy

#AusPOL #Recession #Crash 8 out of 10 jobs in the last year were created in the Public Sector. Surely a sign that everything is fine with the economy and that the Public Sector will save us all. References Public sector propping up employment and the economy, analysts say https://www.abc.net.au/news/2019-07-23/jobs-growth-dominated-by-public-sector/11334294?section=business

Categories
Economy

Global Manufacturing is Crashing

#Manufacturing #Recession #Crash Global Manufacturing is crashing, with the German sector already in recession. Let’s look at the impact on the Australia economy. References Manufacturing is in retreat, threatening to take the global economy down with it https://www.abc.net.au/news/2019-07-21/manufacturing-retreats-threatening-to-take-global-economy-down/11325860?section=business

Categories
Economy

David Jones Fires 120 People

#DavidJones #Recession #Unemployment David Jones has fired 120 people, and the NAB has stated that we are in a retail recession. I honestly think the public is too worried to spend. References David Jones to cut 120 jobs in face of retail recession https://www.smh.com.au/business/companies/david-jones-to-cut-120-jobs-in-face-of-retail-recession-20190719-p528pn.html

Categories
Economy

Big W Store Closures

#BigW #Recession #Unemployment Big W, which lost $110 million, is closing 30 stores over the next three years. Do we still believe unemployment isn’t increasing? References

Categories
Construction Economy

The Polystyrene Cladding Risk

#CladdingBan #Risk #Polystyrene Polystyrene cladding presents a significant fire risk. Let’s look at an example in Melbourne and the difference between Polystyrene and Polyurethane. References MasterWall Garage Doors Sciencing https://sciencing.com/

Categories
Economy

NSW Fresh Water Scarcity

#NSW #FreshWater #Dams Several Towns in New South Wales are on the verge of running out of freshwater. While UNESCO asks to review plans to extend the height of the Warragamba Dam. Let’s have a look at a number of dams in Australia and talk about water. References NSW towns including Dubbo and Tamworth face […]

Categories
Economy

Futurist Predicts Global Economic Crash and Facebook Irrelevance

#Futurism #AusPOL #Recession Futurist Dr Richard Hames has predicted another Global Crash at the end of next year and the irrelevancy and decline of Facebook. Let’s start the day with a stein of coffee and enjoy some of his other predictions. References Futurist who predicted 9/11 and the GFC says there will be a ‘global […]

Categories
Economy

Household Wealth Inequality Grows

Australia #AusPOL #Recession Household wealth inequality has grown in Australia, on the back of superannuation and property growth. How will this affect the future of Australia and what would happen if there is a huge property crash? References https://www.brisbanetimes.com.au/politics/federal/revealed-the-households-with-surging-wealth-and-the-households-standing-still-20190712-p526js.html