Categories
Economy

Work Forever, Never Retire

It feels like the government wants us to work forever and never retire.

Categories
Retail

US Retail Figures Down

US retail figures are below pre Christmas expectations. A sign of the growing retail recession?

Categories
Economy Recession

The Two Job Economy

It’s becoming increasingly common to need two jobs in Australia.

Categories
Political Commentary

Tradies in Recession

Is a sharp decline in Ute sales, combined with the prolonged fall in building approvals signalling a tradie recession?

Categories
Economy

Bellamy’s Chinese Takeover

#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

Categories
Economy Recession

Unilever closes the Weis Factory

#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

Categories
Construction

Calls for an Independent Building Commission

#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

Categories
Economy

Jobs Crash Unemployment Rises

#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

Categories
Economy Finance

Warnings for the Australian Economy

#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

Categories
Economy Property Recession

Australia’s Unstoppable Property

#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