#Retail #ColdRock #Recession Cold Rock Ice Creamery stores are closing abruptly. A clear example of the challenges facing small business in the retail sector. References Two Queensland Cold Rock stores close amid rising cost pressures https://www.news.com.au/finance/business/retail/two-queensland-cold-rock-stores-close-amid-rising-cost-pressures/news-story/18ac6dcc7c75efb443d63f13c70ba933
Tag: Marketing
More talk of Negative Interest Rates
#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
Australia’s Household Debt Crisis
#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
#Recession #Australia #Economy Let’s look at nine arguments for why Australia isn’t heading to a recession and then discover the one result that changes everything. References OEChttps://oec.world/en/profile/country/aus/ Australia’s Population Growth Outstrips Water Supply https://www.youtube.com/watch?v=H3iyi_EFBVQ Australia’s Unemployment Rate hits 9.2% https://youtu.be/rDHmSao_GEw Roy Morgan Unemployment & Under-employment Estimates (2005-2019)https://www.roymorgan.com/morganpoll/unemployment/underemployment-estimates A Complete List of Australian Infrastructure Projectshttps://blog.iseekplant.com.au/australian-infrastructure-guide Australia […]
Trump Calling for Negative Interest Rates
#USA #Economy #Recession President Trump is calling for negative interest rates. A random tweet or a sign of the true state of the US economy? References Donald Trump urges Fed ‘boneheads’ to cut interest rates to negative; ASX to risehttps://www.abc.net.au/news/2019-09-12/donald-trump-boneheads-federal-reserve-cut-rates-negative/11504310?section=business
#Sydney #Property #RealEstate Sydney housing is predicted to rise this spring season. Will the lack of consumer confidence in apartments drive people to housing? References To buy or not to buy? Australian housing prices set to shift https://www.news.com.au/finance/economy/to-buy-or-not-to-buy-australian-housing-prices-set-to-shift/news-story/42e94e8076362fbe9f296ec6c9023094
Canberra Builder Crack Down
#Canberra #CrackDown #Construction The ACT Government is proposing a new measure to crack down on builders. While some of the measures do sound good, it is much too late for all the buildings built during the last decade. References Canberra builders could face further crackdowns as ACT seeks ‘highest quality buildings in Australia’ https://www.abc.net.au/news/2019-09-04/canberra-builders-responsible-for-defects-could-face-fines/11475970?section=business
#RealEstate #Property #Boom Property in Sydney and Melbourne has gone up. The return of the boom driven by declining confidence in apartments perhaps? https://youtu.be/lATEJtbUhns References House price surge in Sydney and Melbourne drags national index higherhttps://www.abc.net.au/news/2019-09-02/house-prices-surge-in-sydney-and-melbourne/11469744
#RealEstate #Sydney #Property Property Analysts are encouraging apartment owners to sell because of recent issues in the construction sector. Simply scaremongering or sound advice? References