Australia’s 50% Property Crash is coming

#AusPol #ConsumerConfidence #Housing

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.

References

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Unions to Access Private Homes

#Unions #PrivateHomes #SiteInspections

Legislation in Western Australia might give unions access to private homes. Once again legislation will hurt those at the bottom of our economy.

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References

https://www.soundtelegraph.com.au/?politics%2Fstate-politics%2Fwa-industrial-laws-could-give-union-officials-right-to-enter-private-homes-ng-b881165962z&fbclid=IwAR02RmWZN08B8EZoDBOzdfj0zMvY6gaW1qSR2gDhe5ZZUdZB2i68W4T1moY

Mortgage Repayment Fears – References

#MortgageRepayments #PriceCrash #Housing

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?

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References

Lenders release the Kraken: when mortgages rise by $1000 a month

https://www.news.com.au/finance/money/lenders-release-the-kraken-when-mortgages-rise-by-1000-a-month/news-story/c7445bc500e3bb7f3c3319b456639049

Comparing Australia’s Housing Crash to the World – References

#AusPol #PriceCrash #Housing

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?

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References

How Australia’s housing crash compares internationally

https://www.macrobusiness.com.au/2019/04/australias-housing-crash-compares-internationally-3/

Update on the Spreading Housing Bust in Australia, and Why it’s Happening

https://wolfstreet.com/2019/04/02/update-on-the-spreading-housing-bust-in-australia-and-why-its-happening/

Huggies Closes Down in Australia – References

#Huggies #ClosingDown #AustralianEconomy

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?

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References

Huggies to move production to Asia as more than 200 factory workers lose their jobs

https://7news.com.au/business/huggies-to-move-production-to-asia-as-more-than-200-factory-workers-lose-their-jobs-c-40184?utm_campaign=share-icons&utm_source=facebook&utm_medium=social&tid=1554274878372

Will Egg Boi Get $80k? – References

#FraserAnning #EggBoi #Protest

Will Egg Boi get $80,000 for his protest, or show it be confiscated as the proceeds of crime? I don’t want the political debate in Australia to continue down this path.

https://youtu.be/FXmg7nyw01Y

References

‘Egg boy’ speaks out about Fraser Anning attack

https://www.sbs.com.au/news/egg-boy-speaks-out-about-fraser-anning-attack

ROLE OF PROCEEDS OF CRIME

http://www.opp.vic.gov.au/Our-Work/Proceeds-of-Crime

Money for EggBoi

https://au.gofundme.com/money-for-eggboi