Heise Says
#Debt #Australia #Household #HeiseSays Australia’s household debt is at a record high. References Why are we so worried about household debt? https://au.finance.yahoo.com/amphtml/news/why-worry-household-debt-190036599.html
#Economy #NegativeInterestRates #RBA Talk of Negative interest rates is appearing more frequently in Australia media. References Reserve Bank may slash rates to 0.25 per cent, but ‘reluctant’ to dip into negative territory https://www.abc.net.au/news/2019-09-14/rba-interest-rate-cuts/11510102?section=business
#Australia #Economy #Recession Calls for direct stimulus to avoid the recession, although everything is still fine. References ‘Time to open your wallet ScoMo’: How Australia could dodge a devastating recession https://www.news.com.au/finance/economy/australian-economy/time-to-open-your-wallet-scomo-how-australia-could-dodge-a-devastating-recession/news-story/20922d3c81d87d48ee3ac3c43ce31eb5
#Debt #Economy #Recession Australia’s high household debt levels are putting us at risk of a global shock and the debt levels continue to rise. References Global debt bomb fallout threatens Australian economy https://www.abc.net.au/news/2019-09-12/debt-bomb-fallout-threatens-australian-economy/11505248?section=business https://tradingeconomics.com/country-list/households-debt-to-income
#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
#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