Categories
Economy

RBA Invokes Climate Change Panic (rant)

The RBA is being encouraged to invoke climate change panic.

Categories
Economy Recession

Business Investment Declines

Business investment declines counter to all desires of the RBA.

Categories
Economy Recession

Quantitative Easing is Coming

Quantitative easing is on the cards once the cash rate hits 0.25%

Categories
Economy Finance

Mortgage Arrears Soar

Arrear rates are at the highest level they have been in a decade, with WA taking the lead.

Categories
Economy

RBA Keeps the Cash Rates Steady

#Economy #Recession #HeiseSays The RBA has kept the Cash Rate Steady. References Statement by Philip Lowe, Governor: Monetary Policy Decision https://www.rba.gov.au/media-releases/2019/mr-19-29.html RBA Rate Indicator – December 2019 https://www.asx.com.au/prices/targetratetracker.htm

Categories
Construction Economy

Dwelling Approvals Down 21%

#Construction #Property #HeiseSays Dwelling approvals have dropped over 21% when compared to this time last year. References

Categories
Economy Recession

RBA Encourages Business to Borrow

#Borrowing #Economy #HeiseSays The RBA is trying to encourage business to borrow and invest. Doest any trust Philip “Unexpected” Lowe? References https://www.abc.net.au/news/2019-10-29/zero-interest-rates-extraordinarily-unlikely-rba-governor/11651356?section=business

Categories
Economy Recession

The Wage Growth Failure

#Wages #Economy #HeiseSays Wage growth has plunged and the RBA is at a loss to explain why. References Wages growth in Australia: The truth about this viral graph https://www.news.com.au/finance/economy/australian-economy/wages-growth-in-australia-the-truth-about-this-viral-graph/news-story/d75327cfb07c8a961b3688873397bb17

Categories
Construction Economy

Construction Sector Decimated

#Construction #Economy #HeiseSays Australia’s construction sector is slowing down and may decimate the job sector. Once again the RBA was surprised. References ‘Jobs will be lost’: Construction slowdown to leave thousands unemployed https://www.news.com.au/finance/work/careers/jobs-will-be-lost-construction-slowdown-to-leave-thousands-unemployed/news-story/4c43923160ce3c0d5327ff0103abe1c4?fbclid=IwAR2QFIH4si-udcnd3RKZBLgqLKMUXLrTDN7od7sjCl17HCldX_4c1u2NjUQ https://s3-ap-southeast-2.amazonaws.com/sua-gateway-files/Digital-Foundations-media-release-version-1.2.pdf

Categories
Economy

Architecture Fees Crash

#Architecture #Fees #HeiseSays Let’s talk about the fees for my profession. References Time to ‘get out’: Architects pay hit by slump https://www.afr.com/property/commercial/time-to-get-out-architects-pay-hit-by-slump-20191015-p530rg