Categories
Economy

The $1 Billion Solar Plant Failure

The failure of a $1 billion solar plant is another example of why government infrastructure spending is a terrible idea.

Categories
Economy

Cashless Bushfire Crisis

Cashless Aussies are resorting to stealing and looting.

Categories
Economy

Consumers Lease Dogs

Consumers are actually leasing dogs.

Categories
Economy

Australia’s Christmas Debt

#Retail #Shopping #HeiseSays Australians have spent big on Christmas and gone into debt. References One in three Australians start 2020 with a ‘Christmas debt hangover’ https://www.news.com.au/finance/money/costs/one-in-three-australians-start-2020-with-a-christmas-debt-hangover/news-story/1bcd02b3c7a51da4a2204bbf5e47cb0a

Categories
Economy

Australia Locked Into Belt and Road

Will we sign up to the Belt and Road?

Categories
Economy

Cashban Leading to Spending Fines

Greece is looking at fining people if they don’t spend 30% of their income electronically.

Categories
Economy

Discretionary Spending Falls

Discretionary spending has fallen and household saving is climbing. Looks like people are worried and getting prepared.

Categories
Economy

$3.8 Billion Infrastructure Injection

The government is bringing forward $3.8 billion worth of infrastructure spending in hopes of stimulating the economy.

Categories
Economy Recession Retail

Retail Levels Crash

#Retail #Recession #HeiseSays Retail levels have crashed to levels not seen since the 1990’s recession. References Retail slumps to ‘weakest’ level since 1990s recession as tax cuts fail to stimulate consumer spending https://www.theage.com.au/politics/federal/worrying-sign-retail-slumps-to-worst-performance-since-last-recession-as-jobs-weaken-20191104-p5378r.html?fbclid=IwAR3h2VWqEkoJQJPDUX36h12CN9x7UMbpKce448y28rwZjEpYBcymiA8l87M

Categories
Economy

Secret Eftpos fees

#Eftpos #Australia #HeiseSays Eftpos transaction fees are being passed onto consumers with greater frequency. Luck we still have cash….oh. References