Categories
Economy

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

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

Australia’s Hidden Recession

#Recession #Economy #Australia Former Treasurer Peter Costello believes Australia has been in a hidden recession. References Has Australia had a hidden recession? Peter Costello thinks so https://au.finance.yahoo.com/news/has-australia-had-a-hidden-recession-peter-costello-thinks-so-011830750.html

Categories
Economy Recession

Tax Returns to Save the Economy

#Economy #Recession #RBA The RBA is hoping that tax returns will save the Australian economy. References Australians reap tax refunds worth $17.4 billion, as RBA signals tax cuts will boost https://www.abc.net.au/news/2019-09-26/australians-reap-tax-refunds-worth-$17.4-billion/11548186?section=business

Categories
Economy NAB Monthly Business Survey

NAB’s Monthly Business Survey Results – July 2019

#NAB #Business #Confidence References NAB Monthly Business Survey: July 2019 https://business.nab.com.au/wp-content/uploads/2019/08/NAB-Monthly-Business-Survey-July-2019.pdf

Categories
Construction

Darwin’s Non-Compliant Buildings

#Darwin #Construction #Non-Compliant Several buildings in Darwin and surrounding suburbs have been discovered to have structural non-compliant issues. Should the department have made their investigation public so prospective buyers could have been informed? References NT Government knew of structural flaws in Darwin buildings, but didn’t tell owners https://www.abc.net.au/news/2019-08-08/nt-government-units-non-compliant-15-months-didnt-tell-owners/11392584

Categories
Economy

Negative Interest Rates

#NegativeInterestRates #Recession #Australia The prospect of Deeply Negative Interest Rates is becoming a reality with a highly cashless society. Let’s re-look at a recent IMF blog post about this issue to help raise awareness of every Monetarist dream. References Currency (Restrictions on the Use of Cash) Bill 2019 https://www.treasury.gov.au/consultation/c2019-t395788 SIT Black Money Report: Here are […]

Categories
Political Commentary

Australia’s Retail Recession Grows

#Retail #Recession #Australia Australia’s retail recession continues to grow with a huge David Jones write down in value. Let’s look at some indices and anecdotes about Mainstreet. References David Jones value cut by another $437 million as Australian ‘retail recession’ hits hard https://www.news.com.au/finance/business/retail/david-jones-value-cut-by-another-437-million-as-australian-retail-recession-hits-hard/news-story/5f23466fb5a0a4c45ef658435ae581e5