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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.

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References

Our Housing Market May Never Recover https://www.news.com.au/finance/economy/australian-economy/housing-market-may-never-recover-from-downturn-expert-warns/news-story/e65644df8cf03bb045055ef1dba5736b

Australia’s Economy is a House of Cards
https://www.linkedin.com/pulse/australias-economy-house-cards-matt-barrie/

Economic Complexity Rankings
https://atlas.media.mit.edu/en/rankings/country/eci/

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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.

The Wealth Effect?

References

UPDATE 3-Souring consumer mood in Australia may prompt RBA rate cut soon
https://www.reuters.com/article/australia-economy-consumersentiment/update-1-australia-slowdown-housing-crash-hit-consumer-confidence-in-march-survey-idUSL3N21003K

Australia Consumer Confidence
https://tradingeconomics.com/australia/consumer-confidence

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Banks say they are not to blame for the Housing Crash – References

#Banking #Housing #HousingCrash

I look at a recent AFR article in which Westpac CEO Brian Hartzer claims that banks are not to blame for the housing crash. Seemingly ignoring recent evidence from Melbourne land sales.

https://youtu.be/_E1eBKIlQ24

References

Westpac CEO Brian Hartzer says banks ‘not to blame’ for house slump
https://www.afr.com/business/banking-and-finance/westpac-ceo-brian-hartzer-says-small-business-hurt-by-lending-crackdown-20190130-h1anog

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The Housing Crash is Coming – References

#AusPol #Construction #Housing

I look at a recent article exploring the claims by Economist Lindsay David that we are already in the second stage of a housing crash. What are you doing to prepare?

https://youtu.be/8DgWbS2Ti9E

References

‘Let the bloodbath begin’: House prices in Sydney and Melbourne ‘could halve’ in worst crash since 1890s
https://www.news.com.au/finance/economy/australian-economy/let-the-bloodbath-begin-house-prices-in-sydney-and-melbourne-could-halve-in-worst-crash-since-1890s/news-story/5918ea13042d5f819cb13c77629f060a

David Murray warns of 1890s housing crash depression
https://www.macrobusiness.com.au/2017/04/david-murray-warns-of-1890s-housing-crash-depression/