Heise Says
#RealEstate #Property #HeiseSays Dodgy professional advice and kickbacks are plaguing the development industry. References Property investors lose hundreds of thousands of dollars through unregulated real estate advice https://www.abc.net.au/news/2019-10-25/property-investors-lose-money-through-unregulated-advice/11631744?fbclid=IwAR3Hyzf1Z3DlaJ9VaMYvjiUt809lM339oqM7kTdtLCBqNf4W8S2aKtbFUMw
#CashBan #Economy #HeiseSays The $10,000 Cash Ban just passed the third reading in the house of reps. We need to #ShiftTheWindow and get greater diversity in the house of representatives. References https://www.aph.gov.au/news_and_events/watch_parliament
#HSBC #Employment #HeiseSays HSBC cuts 10,000 jobs, given their actions exposed in the Panama papers and reviews from Glass Door, I don’t think the public will feel sorry for the bank. References HSBC Plans To Axe 10,000 Jobs—Bringing The Total To 60,000 Banking Employees Downsized Just This Yearhttps://www.forbes.com/sites/jackkelly/2019/10/07/hsbc-plans-to-axe-10000-jobsbringing-the-total-to-60000-banking-employees-downsized-just-this-year/#37972ad04186 About HSBChttps://www.about.hsbc.com.au/ Panama Papers: HSBC helped rich […]
#Banking #Money #Economy The public is beginning to learn that private Banks are “printing” money out of thin air. References https://www.theaustralian.com.au/nation/politics/big-four-banks-just-creating-piles-of-money/news-story/c87faa72a76d3bd2143fe0d6b088186f
#Silver #DOW #Investment The Dow Jones dropped last night and silver responded. Let’s learn about how the Dow is actually calculated and consider the implications for Australia. https://youtu.be/lWodVqo8Cu0 References Dow Jones Industrial Average (DJIA) https://www.investopedia.com/terms/d/djia.asp
#Australia #GDP #Recession Economists are predicting another reduction in Australia GDP growth this quarter. Let’s see if the RBA forecasts are incorrect once again? https://youtu.be/BooLsvLSgvE References GDP to take another step down, but how low will it go?https://www.abc.net.au/news/2019-09-01/gdp-to-take-another-step-down-but-how-low-will-it-go/11462508?section=business
#Myer #DavidJones #GetWokeGoBroke Myer and David Jones are focussing on political correctness and social justice in the board room and seem to be getting Woke and going Broke. References Gerry Harvey says Myer and DJs score top marks for boardroom diversity but ‘we beat the sh*t out of them’ https://www.news.com.au/finance/business/retail/gerry-harvey-says-myer-and-djs-score-top-marks-for-boardroom-diversity-but-we-beat-the-sht-out-of-them/news-story/e8075731d5222f2538217755f28bf0e3
#Virgin #JobCuts #Airlines Virgin Australia is cutting 750 jobs because of a significant loss due to fuel and foreign exchange costs. References https://www.abc.net.au/news/2019-08-28/virgin-to-chop-750-jobs-as-it-posts-349m-loss/11455840
#CashBan #IMF #NegativeInterestRates It’s good to see that the ABC is beginning to report and discuss the prospect of negative interest rates, with reference to IMF research. References Banning cash so you pay the bank to hold your money is what the IMF wants https://www.abc.net.au/news/2019-08-26/cash-ban-so-you-pay-the-bank-to-hold-your-money-what-imf-wants/11443646
#SteinChats #Economics #JohnAdams Join my guest, Economist John Adams, for a chat over a stein.