Categories
Cash Ban

Cashban Submissions Released

#CashBan #Treasury #HeiseSays Treasury has finally released the submissions to the Currency (Restrictions on the Use of Cash) Bill 2019 consultation process. Let’s look at some of the interesting submissions. References https://www.treasury.gov.au/consultation/c2019-t395788 https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CurrencyCashBill2019

Categories
Economy Recession

The Wage Growth Failure

#Wages #Economy #HeiseSays Wage growth has plunged and the RBA is at a loss to explain why. References Wages growth in Australia: The truth about this viral graph https://www.news.com.au/finance/economy/australian-economy/wages-growth-in-australia-the-truth-about-this-viral-graph/news-story/d75327cfb07c8a961b3688873397bb17

Categories
Economy Recession

Expanding the GST

#Taxation #Economy #HeiseSays Increasing the day to day cost of living….smart! References https://www.news.com.au/finance/work/leaders/calls-to-expand-the-gst-are-shot-down-by-the-prime-minister/news-story/fb3090047d7acc2266270ca3d0e92115

Categories
Economy

Cold Rock Stores Closing

#Retail #ColdRock #Recession Cold Rock Ice Creamery stores are closing abruptly. A clear example of the challenges facing small business in the retail sector. References Two Queensland Cold Rock stores close amid rising cost pressures https://www.news.com.au/finance/business/retail/two-queensland-cold-rock-stores-close-amid-rising-cost-pressures/news-story/18ac6dcc7c75efb443d63f13c70ba933

Categories
ALP (Party) AUSPol Economy Greens (Party) Liberal (Party)

China’s Australian Cyber Attack

#China #Economy #Espionage Claims have been made that China was responsible for a recent cyber attack on the Australian Parliament and major political parties. Naturally, because our economy is so dependant on China our leaders were apparently instructed to not raise this issue in public. References Exclusive: Australia concluded China was behind hack on parliament, […]

Categories
Political Commentary

AFR Attacks Cash Ban Critics

#CashBan #Australia #Recession The Australian Financial Review has published another article about the government’s proposed cash ban, attacking all the critics as conspiracy theories by using their own conspiracy theories. References Cash ban brings out the conspiracy theorists https://www.afr.com/policy/economy/cash-ban-brings-out-the-conspiracy-theorists-20190909-p52plk Essay: Death of a Conspiracy Theorist What Was the Glass-Steagall Act? https://www.investopedia.com/articles/03/071603.asp

Categories
Economy

9 reasons why Australia is not heading for recession

#Recession #Australia #Economy Let’s look at nine arguments for why Australia isn’t heading to a recession and then discover the one result that changes everything. References OEChttps://oec.world/en/profile/country/aus/ Australia’s Population Growth Outstrips Water Supply https://www.youtube.com/watch?v=H3iyi_EFBVQ Australia’s Unemployment Rate hits 9.2% https://youtu.be/rDHmSao_GEw Roy Morgan Unemployment & Under-employment Estimates (2005-2019)https://www.roymorgan.com/morganpoll/unemployment/underemployment-estimates A Complete List of Australian Infrastructure Projectshttps://blog.iseekplant.com.au/australian-infrastructure-guide Australia […]

Categories
Economy

The AFR goes After Martin North

#AusPOL #Finances #MartinNorth The AFR recently wrote a story about DFA’s Martin North. Let’s look at the article from an Influence and Pre-Suasion perspective to see how it has been written to nudge peoples opinion. References

Categories
AUSPol Free Speech

Australia Blocking Websites

#AusPOL #FreeSpeech #Internet The Australian eSafety Commissioner has developed a process and is instructing ISPs to block websites. While I appreciate that certain material isn’t appropriate I also feel very uncomfortable that this process could be damage legitimate businesses through malice or incompetence. Would holding The Commissioner personally liable for any errors of her department […]

Categories
Economy Property Recession

Stockland’s $1 billion Retail Selloff

#Stockland #Recession #Retail Stockland is halfway through a $1 billion dollar divestment or selloff of their non-core retail portfolio. Certainly an indication of where the smart money is moving and perhaps a sign of the medium-term retail future for Australia? References STOCKLAND FY19 RESULT – FOCUS ON SUSTAINABLE RETURNS http://clients3.weblink.com.au/pdf/SGP/02136031.pdf