Categories
AUSPol

Australia’s Impending Recession

£AusPol #Recession #Election2019 Australia’s inflation rate was 0 for the last quarter and our GDP growth was only 0.2% and is trending down. It looks like Australia is heading for a recession, so why isn’t this the biggest issue of the election? Why are we worried about electric cars and political gender quotas? Will this […]

Categories
AUSPol

Australia’s 50% Property Crash is coming

#AusPol #ConsumerConfidence #Housing Today we look at a New Zealand newspaper that is reporting on the impending or already begun, housing price crash in Australia. While 50% mighty sound excessive, when limited to apartments and when measures over a few years it doesn’t appear to be that outrageous. References

Categories
AUSPol Construction Property

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. References Our Housing Market May […]

Categories
AUSPol

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. References UPDATE 3-Souring consumer mood in Australia may prompt RBA rate cut soonhttps://www.reuters.com/article/australia-economy-consumersentiment/update-1-australia-slowdown-housing-crash-hit-consumer-confidence-in-march-survey-idUSL3N21003K Australia Consumer […]