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Economy Recession

Media Encouraging Quantitative Easing

#QuantitativeEasing #Recession #Economy #HeiseSays Is the media preparing people for Quantitative Easing? References https://www.abc.net.au/news/2019-10-07/rba-interest-rates-approach-zero-quantitative-easing/11574590?section=business

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Economy Recession

Global Recession Fears

#Recession #Trade #Economics #HeiseSays Fears of a global recession grow. References ASX tumbles $74b in two days over global recession fears https://www.abc.net.au/news/2019-10-03/asx-tumbles-3pc-in-two-days/11570156?section=business

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Economy Recession

Aussie Dollar Hits Decade Low

#RBA #CashRate #Australia #HeiseSays The Australian Dollar has dropped to a decade low. References Dollar hits decade low after RBA cuts rate to 0.75pc to head off rising unemployment https://www.abc.net.au/news/2019-10-01/rba-cuts-rate-to-new-low-of-0.75pc/11562908?section=business https://tradingeconomics.com/australia/currency

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Economy Recession

The RBA Cut Rates to 0.75%

#RBA #CashRate #Australia #HeiseSays The Reserve Bank of Australia has cut the cash rate to a record low of 0.75%. Will the confidence hit to the market outweigh any benefit? References Statement by Philip Lowe, Governor: Monetary Policy Decision https://www.rba.gov.au/media-releases/2019/mr-19-27.html

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Economy Recession

Government Spending to the Rescue

#Stimulus #Australia #Infrastructure Calls are being made for the government to increase stimulus spending. Are we in danger of our leaders falling for the broken window fallacy? References Calls for urgent stimulus led by ‘shovel-ready’ projects as economy loses momentum ‘quite quickly’ https://www.abc.net.au/news/2019-09-30/calls-for-urgent-stimulus-as-economy-loses-momentum/11558810 https://www.infrastructureaustralia.gov.au/search-priority-list-map

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Economy Recession

Another RBA Rate Cut

#RBA #RateCut #CashRate Another RBA rate cut is predicted, will it help the economy or has monetary policy depleted its effectiveness? References Just how much of the RBA rate cut will end up in your pocket? https://www.abc.net.au/news/2019-09-29/full-rba-cut-will-not-be-passed-on-by-banks-what-will-you-get/11547510?section=business

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Economy Recession

Australia’s Three Recessions

#Recession #Economy #Australia The US is calling Australia out on our three hidden recessions. References https://www.stlouisfed.org/on-the-economy/2019/september/australia-28-year-expansion

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Economy Recession

Job Vacancies Drop & Unemployment Rises

#Recession #Unemplotment #JobAds Job vacancies drop and unemployment rates rise. References Job vacancies decline in August

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Economy Recession

Petrol Prices Soar

#Recession #Economy #Petrol Petrol prices soared recently in Australian and have remained high. References Petrol prices stay high despite global oil prices falling to pre-attack levelshttps://mobile.abc.net.au/news/2019-09-27/petrol-prices-stay-high-despite-oil-falling-to-pre-attack-level/11549550?section=business

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Economy Recession

Household Spending Surges

#Recession #Economy #Australia Surprisingly household spending intentions are looking up. A temporary blip or a change in trend? Household Spending Intentions Series. September 2019 https://www.commbank.com.au/content/dam/commbank-assets/business/insights/2019-09/cba-hsi-sep19.pdf