Since the GFC, Australia has literally bet the house on China. We have put all our eggs in one basket. And like Australian housing, you shouldn’t become complacent on the China miracle either. Throughout much of last decade, many western households around the world spent more than they earned. China’s …
Ratings agency Fitch has warned China’s credit bubble is now unprecedented…. » Fitch says China credit bubble unprecedented in modern world history – The Telegraph, 16th June 2013. » China’s credit bubble is unprecedented: Fitch – The Sydney Morning Herald, 18th June 2013.
On Saturday, the Herald Sun reported the average W.A. job seeker has experienced a fifteen per cent fall in hourly rates from the same time last year. The average hourly rate is now $51.60 a hour, down from $59.80 a year ago. Geologists have seen the largest falls and can …
The month of May started with a 25 basis point cut in the official cash rate to 2.75 per cent, the lowest setting in 53 years. Real Estate experts were adamant this would put a pulse back in a directionless market. But rather, we have seen a sharp plunge in …
Copyright 2006 - 2022