Categories
Economy Recession

Regional Taxes Rise

#Tax #Australia #HeiseSays The productivity commission is recommending that regional and remote tax concessions are removed, increasing taxes for many Australia. Watch on Facebook Watch on Bitchute References Window closing to oppose axing of tax offset for regional and remote Australians https://www.abc.net.au/news/2019-10-10/submissions-closing-into-changes-to-remote-zone-tax-offset/11591854?section=business

Categories
Construction Solutions

Solving Construction Industry Corruption (Solutions Ep 01)

#Construction #Solutions #HeiseSays In the first episode of Solutions, let’s look at a solution for the current lack of confidence and potential corruption in Australia’s construction industry. References

Categories
Economy Recession

Government Spending to the Rescue

#Stimulus #Australia #Infrastructure Calls are being made for the government to increase stimulus spending. Are we in danger of our leaders falling for the broken window fallacy? References Calls for urgent stimulus led by ‘shovel-ready’ projects as economy loses momentum ‘quite quickly’ https://www.abc.net.au/news/2019-09-30/calls-for-urgent-stimulus-as-economy-loses-momentum/11558810 https://www.infrastructureaustralia.gov.au/search-priority-list-map

Categories
Economy Recession

Australia’s Three Recessions

#Recession #Economy #Australia The US is calling Australia out on our three hidden recessions. References https://www.stlouisfed.org/on-the-economy/2019/september/australia-28-year-expansion

Categories
Economy Recession

Australia’s Economic Slowdown

#Economy #Recession #RBA The RBA is uncertain why the Australian economy is slowing down. And they are our central planners’ people. References RBA notes ‘unexplained’ reasons beyond the drought are slowing the Australian economyhttps://www.news.com.au/finance/economy/australian-economy/rba-notes-unexplained-reasons-beyond-the-drought-are-slowing-the-australian-economy/news-story/1cb9175850390cdc2650d632eaca5e63

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
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

Australian Underemployment and Overemployment

#Employment #Economy #Underemployment Apparently, the media is attempting to compare a retail worker with a lawyer. While underemployment is an issue, claims that people working too hard is taking away jobs seems farcical. References Underemployment and overemployment problems leave few workers satisfiedhttps://www.abc.net.au/news/2019-09-10/working-50-hours-week-you-might-be-destroying-economy/11494196?section=business

Categories
Economy

Australia’s GDP Hit

#Australia #GDP #Recession Economists are predicting another reduction in Australia GDP growth this quarter. Let’s see if the RBA forecasts are incorrect once again? https://youtu.be/BooLsvLSgvE References GDP to take another step down, but how low will it go?https://www.abc.net.au/news/2019-09-01/gdp-to-take-another-step-down-but-how-low-will-it-go/11462508?section=business