Business investment declines counter to all desires of the RBA.
Tag: Business
Consumer confidence is at a four year low and is a worrying sign leading up to Christmas.
Corporate activisim is becoming more prevalent.
The retail recession has claimed the Co-Op Book Shop.
Categories
RBA Keeps the Cash Rates Steady
#Economy #Recession #HeiseSays The RBA has kept the Cash Rate Steady. References Statement by Philip Lowe, Governor: Monetary Policy Decision https://www.rba.gov.au/media-releases/2019/mr-19-29.html RBA Rate Indicator – December 2019 https://www.asx.com.au/prices/targetratetracker.htm
#CashBan #Australia #HeiseSays Let’s look at Treasure’s reporting concern the 3500 public submissions to the Cash Ban consultation. References China Is Heading For A Long Growth Recession, Not Because Of The Trade War https://www.forbes.com/sites/forbes-finds/2019/11/01/the-best-tech-giftsfrom-new-releases-to-cult-favorites/#394cfde677b0
#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
#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
#Taxes #Economy #HeiseSays Australia’s Small Business Tax Debt is growing, while GST revenue is also down. An economic foreshadowing and cashflow issues? References
#Afterpay #ConsumerCredit #HeiseSays Afterpay is one of Australia’s recent international business successes but is hipster “lay-buy” really that innovative. References https://www.news.com.au/finance/business/retail/afterpay-backlash-intensifies-as-us-expert-slams-aussie-startup/news-story/cfe2939007c269c12bb2704e9d11d726