Heise Says
#JobAdvertisements #Recession #Employment Job advertisements have plunged in the latest data released by ANZ. References https://media.anz.com/content/dam/mediacentre/pdfs/jobads/2019/September/ANZ%20Job%20Ads%20Aug%2019.pdf
#Recession #Australia #Economy Australian businesses are feeling the weakness of our economy. References Businesses cut back as weak economy puts pressure on profits https://www.abc.net.au/news/2019-08-30/business-cut-back-as-weak-economy-puts-pressure-on-profits/11462736?section=business
#Investing #Property #AuctionClearanceRates Let’s look at the Auction Clearance Rates for the 1st of September 2019. Featuring a special fathers day guest at the end. References Auction Results & Recent Sales https://www.realestate.com.au/auction-results/?rsf=edm:salesresults
#Recession #DebtCollection #Bankruptcy Debt collectors are using Bankruptcy as a strategy to collect on outstanding debts. References
#Australia #China #Economy Australia’s economic dependence on China is being discussed in the mainstream media. References Australia’s dependency on China https://www.news.com.au/finance/economy/australian-economy/figures-show-how-much-australias-economy-relies-on-china/news-story/7c7028cbcc999ffb279bdd0b49f04341
#Myer #DavidJones #GetWokeGoBroke Myer and David Jones are focussing on political correctness and social justice in the board room and seem to be getting Woke and going Broke. References Gerry Harvey says Myer and DJs score top marks for boardroom diversity but ‘we beat the sh*t out of them’ https://www.news.com.au/finance/business/retail/gerry-harvey-says-myer-and-djs-score-top-marks-for-boardroom-diversity-but-we-beat-the-sht-out-of-them/news-story/e8075731d5222f2538217755f28bf0e3
#Education #Australia #NAPLAN Recent NAPLAN test results have shown a decrease in education outcomes for Australia students. So naturally, we need to change the test? References NAPLAN results spark further calls for overhaul of student testing system https://www.abc.net.au/news/2019-08-28/naplan-results-further-calls-for-overhaul-of-tests/11454966 Australia scores overall average in latest UNICEF OECD ranking on child well-being, falling behind in quality education […]
#Recession #Australia #LivingStandards Australian living standards are declining in relation to other OECD counties. So now is naturally the time to take on a huge mortgage and buy a new home! References Australia managed to survive the global recession – but all that good work has been wasted https://www.theguardian.com/business/grogonomics/2019/aug/29/australia-managed-to-survive-the-global-recession-but-all-that-good-work-has-been-wasted
#Construction #Recession #Australia Australia’s Construction Industry has been contracting for the last 11 months. References About Ai Group https://www.aigroup.com.au/about/ https://cdn.aigroup.com.au/Economic_Indicators/PCI/2019/PCI_Jul_2019_93740d.pdf
#CashBan #Australia #ATO Small Businesses are being framed in a negative light to justify the cash ban and the path to negative interest rates. Naturally only by people who would not appreciate the challenges small businesses face. References IBM, Atlassian, Schneider avoided paying the Australian Taxation Office in 2016 https://www.crn.com.au/news/ibm-atlassian-schneider-avoided-paying-the-australian-taxation-office-in-2016-479382 Small business ‘tax gap’ costing […]