Heise Says
#RealEstate #Property #Sydney Real Estate baron John McGrath sells his last property. Agent’s exiting the market is surely a sign of a boom? References ‘Mr Real Estate’ offloads his last propertyhttps://www.theage.com.au/business/companies/mr-real-estate-offloads-his-last-property-20190922-p52tst.html
#Property #RealEstate #Australia Another good weekend for the property market is leading some pundits to claim are rebound is underway. I am much too sceptical. References Property market has a spring in its step, but a rebound is not yet in the bag https://www.abc.net.au/news/2019-09-22/property-market-spring-price-rise-still-has-challenges/11529452?section=business
#RalanGroup #Collapse #Investing Investors are losing millions of dollars because of the Ralan Group Collapse. Buying off the plan isn’t risk-free. References Chinese-Australian property investors stand to lose millions in collapse of apartment developer Ralan Grouphttps://www.abc.net.au/news/2019-09-17/property-developer-collapse-sees-investors-facing-huge-losses/11492920
#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
#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 […]
#Auction #ClearanceRates #Property Let’s look at the Auction Clearance Rates for the 8th of September 2019. References
#Australia #Economy #Depression Let’s look at the numbers and see if Australia meets Keynes’ definition of a depression. References
#Economy #Recession #Consumption Consumers are being blamed for worsening economic conditions. But can people be blamed because while our costs of living have increased wage growth has been virtually non-existent? https://youtu.be/cjZK4gd9pSM References How a consumer go-slow and a pile of debt is killing the economy https://www.abc.net.au/news/2019-09-08/economy-grinds-down-as-consumers-keep-their-wallets-shut/11487524?section=business