The RBA doubles down and commits to QE.
Let’s look at an argument that claims Australian property won’t freefall.
The RBA has embraced MMT. Let’s learn about Modern Monetary Theory.
Corporate activisim is becoming more prevalent.
The retail recession has claimed the Co-Op Book Shop.
Banks are changing the way they are selling debt to collection agencies.
Is a sharp decline in Ute sales, combined with the prolonged fall in building approvals signalling a tradie recession?
#Investment #Economy #HeiseSays Bellamy’sBaby Formula has been purchased by a Chinese government-backed company. References Bellamy’s baby formula’s $1.5b Chinese takeover bid approved by Treasurer Josh Frydenberg https://www.abc.net.au/news/2019-11-15/bellamys-baby-formula-chinese-takeover-approved/11707190
#Economy #Australia #HeiseSays Successful investor Dr El-Erian has some concerns about the future for the Australian Economy. References When Mohamed El-Erian speaks, Wall Street listens — and he says a crash is coming https://www.abc.net.au/news/2019-11-13/crash-is-coming-says-influential-investor-mohamed-el-erian/11700696?section=business
#Finances #Banks #HeiseSays Banks are acting as moral police and freezing accounts and banning clients. References Bank of Queensland ‘reviewing’ no tattoo parlour policy after Gold Coast artist’s accounts frozen https://www.news.com.au/finance/business/banking/bank-of-queensland-reviewing-no-tattoo-parlour-policy-after-gold-coast-artists-accounts-frozen/news-story/dd0dc298ff50601bd062af681b0a6541