The US economy crashes by 32.9%.
Tag: Crash
ANZ Profits Crash – No Dividend
ANZ Profits Crash and No Dividend will be paid.
Jobkeeper Won’t Save Economy
Jobkeeper won’t save our economy.
Melbourne’s 25% Property Crash
#RealEstate #Property #HeiseSays Sales have dropped by over 25% in Melbourne’s outer suburbs. Are we in the middle of a two-speed housing “boom”? References https://www.theage.com.au/politics/victoria/outer-suburbs-lead-melbourne-property-sales-freefall-20191030-p535vz.html?fbclid=IwAR3SGPM0_qb3DYwiR4M3X_KmawhlQcT6F_8HNNGgnZ2O_ApfP5ZJUzeQrDQ
#Recession #Australia #Economy Economists are predicting that there is a 20% to 25% chance of Australia heading into recession within the next 12 months. While their hope is based on the Chinese domestic market supporting Australia, I’m more sceptical. References The good, the bad and the bumper sticker as Australia faces ‘20-25 per cent chance […]
The Public Sector Will Save the Economy
#AusPOL #Recession #Crash 8 out of 10 jobs in the last year were created in the Public Sector. Surely a sign that everything is fine with the economy and that the Public Sector will save us all. References Public sector propping up employment and the economy, analysts say https://www.abc.net.au/news/2019-07-23/jobs-growth-dominated-by-public-sector/11334294?section=business
Global Manufacturing is Crashing
#Manufacturing #Recession #Crash Global Manufacturing is crashing, with the German sector already in recession. Let’s look at the impact on the Australia economy. References Manufacturing is in retreat, threatening to take the global economy down with it https://www.abc.net.au/news/2019-07-21/manufacturing-retreats-threatening-to-take-global-economy-down/11325860?section=business
#ForeignInvestment #AusPOL #Housing Foreign Investment in Australian Real Estate and housing has crashed in recent years. Let’s look at how high it was and consider the implications it has had on housing prices and the quality of our housing stock. Did such rapid growth in foreign investment overheat our construction industry and are we going […]
Perth Housing Crashing
#Stimulus #AusPOL #Housing The West Australian government is hoping that a first home buyers stimulus will help stimulate their declining housing sector. With a short timeframe and a loosening of criteria, it seems like a desperate move, particularly with additional interest rate cuts on the way. References Stimulus starts as Perth house prices fall https://www.news.com.au/national/breaking-news/stimulus-starts-as-perth-house-prices-fall/news-story/c3288798c8540fb16d7f942d0cb56cf7