Heise Says
#Recession #Foodbank #Australia Australians in South Australia are resorting to using Foodbanks to ensure they can pay their power bills are mortgages. When will people realise that green virtual signalling and wind power is expensive and reducing the quality of life for Australians? References Banks are now referring people to Foodbank to help them pay […]
#Virgin #JobCuts #Airlines Virgin Australia is cutting 750 jobs because of a significant loss due to fuel and foreign exchange costs. References https://www.abc.net.au/news/2019-08-28/virgin-to-chop-750-jobs-as-it-posts-349m-loss/11455840
#Property #Rebound #RealEstate Claims of a property rebound in Australia might be premature. References Property market showing green shoots, but is it enough to call it a rebound? https://www.abc.net.au/news/2019-08-26/property-market-showing-green-shoots-but-is-it-a-rebound/11447438?section=business
#CashBan #IMF #NegativeInterestRates It’s good to see that the ABC is beginning to report and discuss the prospect of negative interest rates, with reference to IMF research. References Banning cash so you pay the bank to hold your money is what the IMF wants https://www.abc.net.au/news/2019-08-26/cash-ban-so-you-pay-the-bank-to-hold-your-money-what-imf-wants/11443646
#CashBan #Australia #Cashless Susan Franks of the Chartered Accountants of Australia not only supports the $10,000 Cash ban but argues that it doesn’t go far enough. I would rather accept some tiny inefficiencies in our tax system due to the black economy and maintain our freedom to spend cash. References Cash payment crackdown not enough […]
#SteinChats #Economics #JohnAdams Join my guest, Economist John Adams, for a chat over a stein.
#Electricity #Blackout #Australia References Australian Energy Market https://anero.id/energy AEMOhttps://energylive.aemo.com.au/News/AEMO-2019-ESOO 2019 Statement of Opportunitieshttps://aemo.com.au/-/media/Files/Electricity/NEM/Planning_and_Forecasting/NEM_ESOO/2019/2019-Electricity-Statement-of-Opportunities.pdf
#Stockland #Profits #SGP Stockland’s profits are down 70% and they are currently halfway through a $1 billion divestment out of the retail sector. A sign that the retail recession is well underway. References STOCKLAND FY19 RESULT – FOCUS ON SUSTAINABLE RETURNS http://clients3.weblink.com.au/pdf/SGP/02136031.pdf
#Australia #Trade #Economy Prime Minister Scott Morrison has said Australians need to ‘get used’ to the ongoing trade war between China and the United States. Let’s have a look at the rhetoric and then compare the US and Chinese Economies. Watch on YouTube https://youtu.be/e8KOB-Xy1QE References Australians should ‘get used to’ US-China trade war as superpowers […]
#Certification #Construction #Australia New revelations about the Elara Apartments in Canberra have confined that it was procured using a Design and Construction method. I’m concerned that this type of procurement presents too much rise for dwellings and that we should be looking at addressing this part of our construction industry. References Four Corners reveals new […]