Today we look at a New Zealand newspaper that is reporting on the impending or already begun, housing price crash in Australia. While 50% mighty sound excessive, when limited to apartments and when measures over a few years it doesn’t appear to be that outrageous.
Interest only mortgages repayment periods are steadily ending with many predicted to finish by 2020. Do you think this will have an impact on the housing crash? Are people really so fullish to have not planned for this?
Lenders release the Kraken: when mortgages rise by $1000 a month
I look at a recent article from MacroBusiness comparing Australia’s housing crash to those in USA, UK, Ireland and Spain. Then I look at another perspective from Wolf Street. Is the GFC finally catching up with Australia?
How Australia’s housing crash compares internationally
Kimberly Clark is closing down their Huggies Factory in Australia and is moving their manufacturing to Asia. Not because of cheaper wages, but in order to access the latest technology and research. We look at the original article from seven and then examine the economic complexity of nappies and the Australia economy. How can we be the innovation nation when we can’t even manufacture nappies?
Huggies to move production to Asia as more than 200 factory workers lose their jobs