It feels like the government wants us to work forever and never retire.
US retail figures are below pre Christmas expectations. A sign of the growing retail recession?
It’s becoming increasingly common to need two jobs in Australia.
Is a sharp decline in Ute sales, combined with the prolonged fall in building approvals signalling a tradie recession?
#Investment #Economy #HeiseSays Bellamy’sBaby Formula has been purchased by a Chinese government-backed company. References Bellamy’s baby formula’s $1.5b Chinese takeover bid approved by Treasurer Josh Frydenberg https://www.abc.net.au/news/2019-11-15/bellamys-baby-formula-chinese-takeover-approved/11707190
#Employment #IceCream #HeiseSays Unilever has announced the closure of the Weis Factory, which will cost over 90 jobs. References ‘So sad’: Ninety-three jobs lost as Unilever closes Weis factory, two years after purchasing family business https://www.news.com.au/finance/business/manufacturing/so-sad-ninetythree-jobs-lost-as-unilever-closes-weis-factory-two-years-after-purchasing-family-business/news-story/f73c78c65fd87fd67419e51642adbbe9
#Construction #BuildingCommission #HeiseSays Calls are being made for an Independent Building Commission to address the construction issues in NSW. References NSW parliamentary committee report calls for independent building commission to fix construction industry https://www.abc.net.au/news/2019-11-13/nsw-report-calls-for-independent-building-commission/11700732?section=business
#Unemployment #Recession #HeiseSays Unemployment has increased and job numbers have dropped. References https://www.abc.net.au/news/2019-11-14/unemployment-employment-october-2019/11700756?section=business
#Economy #Australia #HeiseSays Successful investor Dr El-Erian has some concerns about the future for the Australian Economy. References When Mohamed El-Erian speaks, Wall Street listens — and he says a crash is coming https://www.abc.net.au/news/2019-11-13/crash-is-coming-says-influential-investor-mohamed-el-erian/11700696?section=business
#Property #RealEstate #HeiseSays It is being claimed that Australia’s property market is different and essentially unstoppable. References 7 ways Australia’s property market is different https://au.finance.yahoo.com/news/7-ways-australias-property-market-different-193007119.html