Matt Barrie Says Our Housing Market May Never Recover – Reference

#AusPol #ConsumerConfidence #Housing

Matt Barrie the CEO of Freelancer warns that the Australian Housing market may never recover and highlights the simplicity of the Australian Economy. Interested by this, I find out how the complexity of the Australian economy compares to the test of the world and it is embarrassing.

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Our Housing Market May Never Recover

Australia’s Economy is a House of Cards

Economic Complexity Rankings

Housing Crash drops Consumer Confidence – References

#AusPol #ConsumerConfidence #Housing

Consumer confidence is down and the housing crash is potentially to blame, are interest rate cuts on the horizon? I look at the recent update from Reuters and learn about how the consumer confidence index is measured.

The Wealth Effect?


UPDATE 3-Souring consumer mood in Australia may prompt RBA rate cut soon

Australia Consumer Confidence

Banks say they are not to blame for the Housing Crash – References

#Banking #Housing #HousingCrash

I look at a recent AFR article in which Westpac CEO Brian Hartzer claims that banks are not to blame for the housing crash. Seemingly ignoring recent evidence from Melbourne land sales.


Westpac CEO Brian Hartzer says banks ‘not to blame’ for house slump

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Should Australia Adopt Hammurabi’s Building Code? – References

#Hammurabi #BuildingCode #Babylon

I look at the aspects of Hammurabi’s Code of Laws that relate to construction and ask the question, “Should Australia adopt these codes?”


Hammurabi, King of Babylon

007. Babil (ancient: Babylon)

The Oldest Code of Laws in the World by King of Babylonia Hammurabi

The Housing Crash is Coming – References

#AusPol #Construction #Housing

I look at a recent article exploring the claims by Economist Lindsay David that we are already in the second stage of a housing crash. What are you doing to prepare?


‘Let the bloodbath begin’: House prices in Sydney and Melbourne ‘could halve’ in worst crash since 1890s

David Murray warns of 1890s housing crash depression

Our Shrinking Construction Industry – References

#AusPol #Construction #SmallBusiness

I discuss a recent article from the ABC about the decline in employment in the construction industry and reduced wage growth. From reading the article it appears that some of the analysts have never experienced the challenges of running a small business.


Businesses undermine the Reserve Bank’s hope of wage rises for workers

The Opal Tower Fallout – References

#Opal #Cracking #Failure
Widespread economic implications.

The Opal Tower might not fall, but prices for new apartments could plummet as the consequences of the building debacle widen.  by Jason Murphy