Categories
Economy Recession

RBA Encourages Business to Borrow

#Borrowing #Economy #HeiseSays The RBA is trying to encourage business to borrow and invest. Doest any trust Philip “Unexpected” Lowe? References https://www.abc.net.au/news/2019-10-29/zero-interest-rates-extraordinarily-unlikely-rba-governor/11651356?section=business

Categories
Economy Recession

Consumer Sentiment Plunges

#Business #Recession #Economy #HeiseSays Consumer sentiment hits a four year low. References https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/aw/economics-research/er20191009BullConsumerSentiment.pdf

Categories
Economy Recession

Business Confidence Declines

#Business #Recession #Economy #HeiseSays The latest NAB Business Confidence survey shows another decline in business confidence. References https://business.nab.com.au/nab-monthly-business-survey-september-2019-36962/