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AUSPol

Will a Rate Cut stop the Housing Crash?

#AusPol #InterestRate #Housing The RBA is looking at cutting Australia’s Cash Rate. Will an Interest Rate cut stop the housing crash? References Australian dollar headed for a fall as Reserve Bank mulls interest rates cut https://www.abc.net.au/news/2019-05-06/why-the-aussie-dollar-is-headed-for-a-fall/11081810?pfmredir=sm The Observatory of Economic Complexity https://atlas.media.mit.edu/en/profile/country/aus/ 6202.0 – Labour Force, Australia, Mar 2019 http://www.abs.gov.au/ausstats/abs@.nsf/0/6050C537617B613BCA25836800102753?Opendocument

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AUSPol Election 2019

Australian Mortgage Delinquencies on the Rise

#AusPol #Recession #MortgageDelinquencies Australian mortgage delinquencies are on the rise. This does not bode well for the economy and is another sign of the impending recession. References https://www.abc.net.au/news/2019-05-02/negative-equity-on-the-rise-as-house-prices-continue-to-fall/11061780

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AUSPol

Five Ways to Prepare for Australia’s Recession

AusPOL #Recession #Australia I discuss five way’s people can prepare for the impending recession in Australia, with a bonus sixth way tacked onto the end of my video. Difficult times are not insurmountable and can be character building.

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ALP (Party) AUSPol

Labor’s Promises to Casual Workers

#AusPol #Recession #Election2019 Bill Shorten is making promises to casual workers to provide them with a smoother pathway to permanent positions. Sounds great but might end up hurting more than helping. I would prefer more support for small businesses or addressing the issues of labour-hire companies. Where people employed are de-facto employees of a third […]

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AUSPol

Australia’s Impending Recession

£AusPol #Recession #Election2019 Australia’s inflation rate was 0 for the last quarter and our GDP growth was only 0.2% and is trending down. It looks like Australia is heading for a recession, so why isn’t this the biggest issue of the election? Why are we worried about electric cars and political gender quotas? Will this […]

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AUSPol

Australia’s 50% Property Crash is coming

#AusPol #ConsumerConfidence #Housing Today we look at a New Zealand newspaper that is reporting on the impending or already begun, housing price crash in Australia. While 50% mighty sound excessive, when limited to apartments and when measures over a few years it doesn’t appear to be that outrageous. References

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AUSPol Construction Housing Crash

Mortgage Repayment Fears – References

#MortgageRepayments #PriceCrash #Housing Interest only mortgages repayment periods are steadily ending with many predicted to finish by 2020. Do you think this will have an impact on the housing crash? Are people really so fullish to have not planned for this? References Lenders release the Kraken: when mortgages rise by $1000 a month https://www.news.com.au/finance/money/lenders-release-the-kraken-when-mortgages-rise-by-1000-a-month/news-story/c7445bc500e3bb7f3c3319b456639049

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AUSPol Housing Crash Real Estate

Comparing Australia’s Housing Crash to the World – References

#AusPol #PriceCrash #Housing I look at a recent article from MacroBusiness comparing Australia’s housing crash to those in USA, UK, Ireland and Spain. Then I look at another perspective from Wolf Street. Is the GFC finally catching up with Australia? References How Australia’s housing crash compares internationally https://www.macrobusiness.com.au/2019/04/australias-housing-crash-compares-internationally-3/ Update on the Spreading Housing Bust in […]

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AUSPol

The Sydney and Melbourne Housing Crash – References

#AusPol #PriceCrash #Housing Experts are predicting continued housing price declines in Sydney and Melbourne with a $60,000 drop in Sydney. How can experts think any rate drop will have any impact at the moment? References Property prices to tumble $60,000 by 2020 https://www.news.com.au/finance/real-estate/buying/property-prices-to-tumble-60000-by-2020/news-story/752a1cf5496602aab59f215b9cf3bd4b

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AUSPol Construction Property

Matt Barrie Says Our Housing Market May Never Recover – Reference

#AusPol #ConsumerConfidence #Housing Matt Barrie the CEO of Freelancer warns that the Australian Housing market may never recover and highlights the simplicity of the Australian Economy. Interested by this, I find out how the complexity of the Australian economy compares to the test of the world and it is embarrassing. References Our Housing Market May […]