Heise Says
Australia #Technology #HeiseSays Australia claims to be an innovative nation while having a very primitive economy. References Is Australia an innovation nation or beneficiary of dumb luck? https://mobile.abc.net.au/news/2019-11-02/australia-rich-and-dumb-or-an-innovation-nation/11657984?section=business
#RealEstate #Property #HeiseSays Is resetting interest-only home loans creating a risk of fire sales? References Is Australia an innovation nation or beneficiary of dumb luck? https://mobile.abc.net.au/news/2019-11-02/australia-rich-and-dumb-or-an-innovation-nation/11657984?section=business
Qantas #Tourism #HeiseSays Qantas has grounded a third plane over safety repairs. A sign of an ongoing concern or evidence that they are identifying issues early? References https://www.qantas.com/au/en/about-us/our-company/our-departments/engineering.html Qantas confirms cracks found in three Boeing 737s https://www.abc.net.au/news/2019-11-01/qantas-says-three-boeing-737-found-with-cracks/11661320
#Construction #Property #HeiseSays Dwelling approvals have dropped over 21% when compared to this time last year. References
#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
#DFAT #Economy #HeiseSays The Department of Foreign Affairs and Trade has potential links to the Aussie Farms activists. References Julie Delforce keeps DFAT ag job after investigation on Aussie Farms links https://www.weeklytimesnow.com.au/news/national/julie-delforce-keeps-dfat-ag-job-after-investigation-on-aussie-farms-links/news-story/e52d132e1f63541d6c3a4159d77cf9af?fbclid=IwAR1V4p90xlaXR5rzCAmYKyizMI2bT3EQY72ub1yb9XJi-tS51S0tMH6Xu-g
#Woolworths #Economy #HeiseSays Woolworths has underpaid 5700 employees. Will we hear more stories as the retail recession growes? References https://www.news.com.au/finance/business/retail/woolworths-underpays-staff-300-million/news-story/20d62c31d3dec7f5157889453cfdbffc
#Borrowing #Economy #HeiseSays The RBA is trying to encourage business to borrow and invest. Doest any trust Philip “Unexpected” Lowe? References https://www.abc.net.au/news/2019-10-29/zero-interest-rates-extraordinarily-unlikely-rba-governor/11651356?section=business
#Recession #Economy #HeiseSays Hong Kong has officially entered into recession. References Hong Kong officially enters recession, with zero growth expected for remainder of 2019 https://www.abc.net.au/news/2019-10-29/hong-kong-now-in-recession-financial-secretary-confirms/11647964?section=business
#Wages #Economy #HeiseSays Wage growth has plunged and the RBA is at a loss to explain why. References Wages growth in Australia: The truth about this viral graph https://www.news.com.au/finance/economy/australian-economy/wages-growth-in-australia-the-truth-about-this-viral-graph/news-story/d75327cfb07c8a961b3688873397bb17