Postgraduate enrolments are soaring as people plan to wait out the recession by going back to university.
CSIRO is developing a metal membrane which could allow for the extraction of Hydrogen from Ammonia, potentially revolutionising the Hydrogen energy sector.
Some parts of Australia have had No Property Growth in Five Years.
#Business #Recession #Economy #HeiseSays Consumer sentiment hits a four year low. References https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/aw/economics-research/er20191009BullConsumerSentiment.pdf
#Business #Recession #Economy #HeiseSays The latest NAB Business Confidence survey shows another decline in business confidence. References https://business.nab.com.au/nab-monthly-business-survey-september-2019-36962/
#QuantitativeEasing #Recession #Economy #HeiseSays Is the media preparing people for Quantitative Easing? References https://www.abc.net.au/news/2019-10-07/rba-interest-rates-approach-zero-quantitative-easing/11574590?section=business
#Retail #Recession #Economy #HeiseSays Empty shelves and failed departments stores signal the growth of the retail recession. For a sector that employed nearly 10% of the Australian workforce, this is a big concern. References Empty shelves as Debenhams’ sole Australian department store prepares for the end https://www.news.com.au/finance/business/retail/empty-shelves-as-debenhams-sole-australian-department-store-prepares-for-the-end/news-story/3d09c7306e83b09b26537b516a0e53f4 Retail Trade http://lmip.gov.au/default.aspx?LMIP/GainInsights/IndustryInformation/RetailTrade
#OpalTower #Construction #ClassAction The owner’s of Opal Tower have launched a class-action lawsuit against the Sydney Olympic Park Authority (SOPA). This case will certainly be an interesting precedent, particularly if the government pursues cross-claims. References Opal Tower unit owners launch multi-million-dollar class action against NSW State Government https://www.abc.net.au/news/2019-07-29/opal-tower-class-action-suit-by-owners-sydney-olympic-park/11354562
#MascotTowers #Construction #Evacuated As Owners of Mascot Towers face bankruptcy because they might have to wait a year to access their apartments, it has been revealed that the owner’s corporation had previously accepted $750k in 2015 from the builder to waive any responsibility for ongoing defects. If you bought an apartment in Mascot a couple […]
#MascotTowers #Construction #Evacuated The media is reporting that the Mascot Towers is sinking on the northern and eastern elevations. Let’s look at the neighbouring building to get a better understanding of the situation. Engineers record alarming downward shift at Mascot Towers https://www.theaustralian.com.au/nation/engineers-record-alarming-downward-shift-at-mascot-towers/news-story/b23d2d0c32962c5fb0441575525b9a68 Mascot Towers ‘moving downward’ according to engineer https://www.news.com.au/national/nsw-act/news/mascot-towers-moving-downward-according-to-engineer/news-story/a6350a5320f15912d1012b5c5195fe1d Olsson and Associates https://www.planningpanels.nsw.gov.au/DevelopmentandPlanningRegister/tabid/62/language/en-AU/Default.aspx