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ALP (Party) AUSPol

Labor’s Promises to Casual Workers

#AusPol #Recession #Election2019 Bill Shorten is making promises to casual workers to provide them with a smoother pathway to permanent positions. Sounds great but might end up hurting more than helping. I would prefer more support for small businesses or addressing the issues of labour-hire companies. Where people employed are de-facto employees of a third […]

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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 […]

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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

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AUSPol Construction Housing Crash

Mortgage Repayment Fears – References

#MortgageRepayments #PriceCrash #Housing Interest only mortgages repayment periods are steadily ending with many predicted to finish by 2020. Do you think this will have an impact on the housing crash? Are people really so fullish to have not planned for this? References Lenders release the Kraken: when mortgages rise by $1000 a month https://www.news.com.au/finance/money/lenders-release-the-kraken-when-mortgages-rise-by-1000-a-month/news-story/c7445bc500e3bb7f3c3319b456639049

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AUSPol Housing Crash Real Estate

Comparing Australia’s Housing Crash to the World – References

#AusPol #PriceCrash #Housing I look at a recent article from MacroBusiness comparing Australia’s housing crash to those in USA, UK, Ireland and Spain. Then I look at another perspective from Wolf Street. Is the GFC finally catching up with Australia? References How Australia’s housing crash compares internationally https://www.macrobusiness.com.au/2019/04/australias-housing-crash-compares-internationally-3/ Update on the Spreading Housing Bust in […]

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AUSPol

The Sydney and Melbourne Housing Crash – References

#AusPol #PriceCrash #Housing Experts are predicting continued housing price declines in Sydney and Melbourne with a $60,000 drop in Sydney. How can experts think any rate drop will have any impact at the moment? References Property prices to tumble $60,000 by 2020 https://www.news.com.au/finance/real-estate/buying/property-prices-to-tumble-60000-by-2020/news-story/752a1cf5496602aab59f215b9cf3bd4b

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AUSPol Climate Change

The Children’s Climate Strike – References

#ClimateStrike #SchoolStrike #ClimateChange Let’s look at today’s climate strike and the preparation and evidence of support from #GetUp.It looks like a generation of students is being trained to be and identify with left-wing political activism. Would they strike for #freespeech? References Students def calls to stay in school to protest climate change https://www.abc.net.au/news/2019-03-15/students-walk-out-of-class-to-protest-climate-change/10901978

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AUSPol Election 2019

Morrison claims a minimum wage increase would cost jobs – References

#AusPol #Wages #MinimumWage Scott Morrison is claiming that Labors Minimum Wage policy, which calls for an undefined living wage, would cost jobs. As a small business owner, I can relate to the challenges with keeping people employed and the significant impact wages have on your bottom line. References ‘His policy is people should be sacked’: […]

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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 […]

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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 […]