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Economy Recession

The Two Job Economy

It’s becoming increasingly common to need two jobs in Australia.

Categories
Economy Recession

New Car Sales Plunge

New Car sales have continued their 19th month of declining sales.

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Economy Finance Recession

Banks Selling Debt

Banks are changing the way they are selling debt to collection agencies.

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Economy Property Recession

2020 Housing Crash

#RealEstate #Property #HeiseSays A housing crash in 2020 is one of the top 20 risks for the global economy. References https://au.finance.yahoo.com/news/is-australian-property-heading-for-a-crash-012110570.html

Categories
Economy Recession

Liquidators Economic Warnings

#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

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Economy Recession

Unilever closes the Weis Factory

#Employment #IceCream #HeiseSays Unilever has announced the closure of the Weis Factory, which will cost over 90 jobs. References ‘So sad’: Ninety-three jobs lost as Unilever closes Weis factory, two years after purchasing family business https://www.news.com.au/finance/business/manufacturing/so-sad-ninetythree-jobs-lost-as-unilever-closes-weis-factory-two-years-after-purchasing-family-business/news-story/f73c78c65fd87fd67419e51642adbbe9

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Economy Property Recession

Australia’s Unstoppable Property

#Property #RealEstate #HeiseSays It is being claimed that Australia’s property market is different and essentially unstoppable. References 7 ways Australia’s property market is different https://au.finance.yahoo.com/news/7-ways-australias-property-market-different-193007119.html

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Economy Recession

Payday Lending Desperation

#PayDayLoans #Finances #HeiseSays People are complaining about payday lending and accusing them of predatory behaviour. Do we need government intervention or better financial education? References Millions of Australians falling victim to ‘predatory’ payday lenders, report shows https://www.abc.net.au/news/2019-11-12/payday-loans-increasing-single-mums-growing-borrowing-sector/11694908?fbclid=IwAR3kwZ9iW4nxXQfXKGN-zI7uu4QC74TFFykWXtzQLHc5VTOydZyu787-PIM

Categories
Economy Recession

Valuations Present a Risk to the Economy

#RealEstate #Property #HeiseSays Over and incorrect valuations present a serious risk to the economy. References Valuations and value could have a serious impact on how much super you really have. Here’s why https://www.abc.net.au/news/2019-11-11/valuations-and-value-can-superannuation-funds-avoid-meltdown/11691100?section=business

Categories
Livestream Recession Retail

The Retail Recession – KP Centre

#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