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Article Construction Apocalypse Economy Recession

$165 m Perth Apartment Development Shelved

Perth Developer Sirona Urban have shelved the $165 million 28 Lyall project.

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Crypto

myCryptoWallet enters Liquidation

#BTC #Crypto #HeiseSays Melbourne Cryptocurrency exchange myCryptoWallet enters liquidation. Let’s hope people weren’t using their wallets to store significant savings and how is crypto handled during a liquidation? References

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Economy

JP Morgan Analysis believe Ethereum is Better than Bitcoin!

JP Morgan Analysis believe Ethereum is Better than Bitcoin.

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AUSPol

Labor Shortages Will Lead To More Migration

NSW is now faced with Labour Shortages, I suspect this will be used to justify the calls for increased migration.

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AUSPol

Opening the flood gates – 2 Million New Migrants In Five Years

Looks like the flood gates will be opened. With New South Wales leading the charge. Housing affordability anyone? Perhaps the Government will open up more land in the regions to ensure the migration intake can be sustainable without a reduction in our quality of life?

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AUSPol

Banning the Unvaxxed from Parliament

The Victorian government will ban the un-vaccinated from parliament.

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Real Estate

Living With A 50% Housing Crash

The challenges of the property market in the UK are resulting in some people having to live with a 50% crash in the value of their property.

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Economy Real Estate

Evergrande’s Shares Sold at $1.2 Billion Loss

Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.

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Finance

CCP to take Control of Evergrande – The Evergrande Restructure

There is speculation that the CCP will take control and restructure Evergrand.

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Finance

Evergrande’s Biggest Bondholders – Can they Afford the loss?

Who are Evergrande’s biggest Bondholders and can they afford a significant loss from their Evergrande investments? Is a 1% portfolio exposure that big a deal?