Business Confidence in New Zealand has crashed.
Confidence in the property sector is low. Thankfully mortgage brokers and real estate agents are here to help.
Governments Might Make Gold Ownership Illegal.
Retail sales crash 17.9%
Consumer confidence has fallen.
Business Confidence is Down.
#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
#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
#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
#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