More discussion of some retailers closing for good after the lockdown.
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Retailers Closing For Good
Tag: Negative Interest Rates
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ME Bank “Bailing-In” Home Loans
Members Equity Banks is “Bailing-In” home loan redraws.
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Stock Market Loses 5% in one day
The stock market fell 5% on Friday.
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Negative Interest Rates Arrive
Deutsche Bank Introduces Negative Interest Rates for retail customers.
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Restarting the Housing Bubble
#Housing #Bubble #Economy #HeiseSays Quantitative Easing and Negative Interest Rates could potentially restart the Australian Housing Bubble. References https://www.businessinsider.com.au/australia-housing-bubble-rba-negative-interest-rates-qe-2019-10
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Negative Interest Rates are Irrational
#InterestRates #NegativeInterest #Recession Negative Interest Rates are irrational, let’s look at the Austrian perspective. References Negative Interest Rates are the Price We Pay for De-Civilization
#Unemployment #Underemployment #Recession Australia’s unemployment rate has risen in August to 5.3% despite the RBA’s hopes and dreams. References Unemployment keeps rising to 5.3 per cent in Augusthttps://www.abc.net.au/news/2019-09-19/unemployment-continues-to-rise-hitting-5.3-per-cent-in-august/
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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
#CashBan #Australia #ATO Small Businesses are being framed in a negative light to justify the cash ban and the path to negative interest rates. Naturally only by people who would not appreciate the challenges small businesses face. References IBM, Atlassian, Schneider avoided paying the Australian Taxation Office in 2016 https://www.crn.com.au/news/ibm-atlassian-schneider-avoided-paying-the-australian-taxation-office-in-2016-479382 Small business ‘tax gap’ costing […]
#InterestRates #RBA #NegativeInterestRates Are low interest rates here to stay or simply part of the journey towards negative interest rates? References Record low interest rates are here to stay, and may even sink lower, economists predict https://www.abc.net.au/news/2019-08-27/interest-rates-predicted-to-stay-low-economists/11450918?section=business