Tag: Victoria

Business Confidence Declines

Post author By Heise Says
Post date 09/10/2019

#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/

Tags Australia, Business Confidence, Debnahams, Development, Economic Complexity, Economy, Farming, Government Intervention, Industry, Melbourne, Mining, Quantitative Easing, Recession, Research, Retail, Victoria

Economy Recession

Media Encouraging Quantitative Easing

Post author By Heise Says
Post date 09/10/2019

#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

Tags Australia, Debnahams, Development, Economic Complexity, Economy, Farming, Government Intervention, Industry, Melbourne, Mining, Recession, Research, Retail, Victoria

Economy

Empty Shelves Signal the Retail Recession

Post author By Heise Says
Post date 09/10/2019

#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

Tags Australia, Debnahams, Development, Economic Complexity, Economy, Farming, Government Intervention, Industry, Melbourne, Mining, Recession, Research, Retail, Victoria

Economy Real Estate

Melbourne’s Property Recovery

Post author By Heise Says
Post date 30/09/2019

#Melbourne #Property #RealEstate After six months of the lowest sales in years, is Melbourne’s property recovering? Or is it just a combination of limited supply and the insane number of rate cuts? References Melbourne real estate: market recovery blossoms in spring https://www.realestate.com.au/news/melbourne-real-estate-market-recovery-blossoms-in-spring Slowest six months of sales on record in Melbourne: ABS https://www.realestate.com.au/news/slowest-six-months-of-sales-on-record-in-melbourne-abs/?rsf=syn:news:nca:hs:spa

Tags Housing, Marketing, Melbourne, Propoerty, Real Estate, Sales, Victoria

Economy

Stimulus Spending Waste

Post author By Heise Says
Post date 16/09/2019

#Stimulus #Economy #Spending With calls for a return to Rudd era direct government stimulus, it is worth looking at the broken window fallacy and asking whether our current housing affordability crisis may be in part to blame on Rudd? Reference Australia’s Uncreative Destruction https://mises.org/library/australias-uncreative-destruction

Tags Australia, BER, Cash Handouts, Economy, Labor, Liberal, NSW, QE, Queensland, Spending, Stimulus, Victoria

Economy

Solar Farms Output Slashed

Post author By Heise Says
Post date 14/09/2019

#SolarPower #Energy #PowerPrices Output at several solar farms in Australia has been slashed due to grid issues with the grid. When consumer confidence in renewables take a hit? References Voltage fears force AEMO to cut solar farms output https://www.theaustralian.com.au/business/mining-energy/voltage-fears-force-aemo-to-cut-solar-farms-output/news-story/f8685110f37e308a7523dd767acd226b https://www.aemo.com.au/aemo/apps/visualisations/map.html

Tags Australia, Economy, Generation, NSW, Power, Renewable Energy, Solar power, Victoria

Construction Economy

The Walton Construction Collapse Lawsuit

Post author By Heise Says
Post date 05/09/2019

#Construction #NAB #Walton NAB is facing a potential $74 million lawsuit from over 1000 creditors for their apparent role in the Walton Construction Collapse. References https://www.abc.net.au/news/2019-09-04/nab-could-face-$74million-suit-over-walton-construction-collapse/11466506?section=business

Tags Australia, Class Action, Collapse, Construction, Lawsuit, NAB, New South Wales, Queensland, Subbies, Tradies, Victoria, Walton Construction

Education

Australia’s Declining Education Quality

Post author By Heise Says
Post date 30/08/2019

#Education #Australia #NAPLAN Recent NAPLAN test results have shown a decrease in education outcomes for Australia students. So naturally, we need to change the test? References NAPLAN results spark further calls for overhaul of student testing system https://www.abc.net.au/news/2019-08-28/naplan-results-further-calls-for-overhaul-of-tests/11454966 Australia scores overall average in latest UNICEF OECD ranking on child well-being, falling behind in quality education […]

Tags Australia, Education, Education Quality, NAPLAN, NSW, OECD, Queensland, Unicef, Victoria

Construction Mordialloc Apartment

Mordialloc Apartment Evacuation

Post author By Heise Says
Post date 25/08/2019

#Construction #Evacuation #Apartment A decade-old apartment building in Mordialloc, Victoria has been evacuated due to fire cladding and life safety risks. This problem is going to continue to grow. References Melbourne apartment block unsafe to live in due to cladding and fire safety, residents told to leave https://www.abc.net.au/news/2019-08-23/cladding-and-mould-forces-residents-out-of-apartment-block/11443976

Tags Construction, Evacuation, Mascot, Melbourne, Mordialloc, Opal, VBA, Victoria

Energy

1.2 Million Homes at Blackout Risk

Post author By Heise Says
Post date 22/08/2019

#Electricity #Blackout #Australia References Australian Energy Market https://anero.id/energy AEMOhttps://energylive.aemo.com.au/News/AEMO-2019-ESOO 2019 Statement of Opportunitieshttps://aemo.com.au/-/media/Files/Electricity/NEM/Planning_and_Forecasting/NEM_ESOO/2019/2019-Electricity-Statement-of-Opportunities.pdf

Tags Australia, Black Out, Coal Power, Electricity, Energy, NSW, Nuclear, Power Costs, Power Rate, Solar, Victoria, Wind