Foreign tradies are taking Australian jobs due to an apparent lack of skilled locals.
Tag: Trade
The Australian Dollar Surges
The Australian Dollar has surged on hopes of a US / China Trade deal.
Tradies in Recession
Is a sharp decline in Ute sales, combined with the prolonged fall in building approvals signalling a tradie recession?
China’s Manufacturing slowing is crashing the price of copper and let’s look at the potential implications.
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
#RealEstate #Property #HeiseSays Over and incorrect valuations present a serious risk to the economy. References Valuations and value could have a serious impact on how much super you really have. Here’s why https://www.abc.net.au/news/2019-11-11/valuations-and-value-can-superannuation-funds-avoid-meltdown/11691100?section=business
#RetailRecession #Economy #HeiseSays Let’s have a look at the KP Centre in Shailer Park south of Brisbane and see how a shopping centre can adapt to the loss of their anchor tenancy. References
#Housing #Economy #HeiseSays A new housing boom is being predicted for Australia. References Australian property: New record housing boom for most capital cities ‘just months away’, industry data reveals https://www.realestate.com.au/news/australian-property-new-record-housing-boom-for-most-capital-cities-just-months-away-industry-data-reveals/?rsf=syn:news:nca:news:spa:strap
#Finances #AUD #HeiseSays The argument is being made that the RBA hoping a fall in the Australian Dollar will increase employment and wages, I am concerned that increases in the cost of living will have a greater impact on average Australians. References Will a lower dollar bail out the economy, raise wages and lower unemployment? […]
#IronOre #Australia #HeiseSays Australia’s dependency on Iron Ore is concerning because of the falling Iron Ore Market. References ‘Failed souffle’: Warning for Australia as iron ore begins to fallhttps://www.watoday.com.au/business/the-economy/failed-souffle-warning-for-australia-as-iron-ore-begins-to-fall-20191105-p537gw.html https://tradingeconomics.com/commodities https://oec.world/en/profile/country/aus https://oec.world/en/profile/hs92/2601/