We don’t hear too much about “foreign debt” these days. Neither the foreign debts owed by our private companies and private banks nor the foreign debts owed by our governments especially the […]
Scott Morrison’s job killing Foreign Debt addiction
Australian Debt: A “Watcher’s” guide
The following comment was made in response to a comment at Macrobusiness EP, “..The slightest withdrawal of the economic stimulant (debt) plunges an economy into depressive conditions…” “..There are other forms of […]
Dig Deeper! – Release foreign ownership data for housing in NSW
It was good to see the ALP making an effort this week to extract data from a reluctant NSW Government about the level of foreign citizen buying of housing and land in […]
Australian Banana Republic: How to fix it before it is too late!
It always sounds odd to argue that we need a lower $AUD but the ‘value’ of the $AUD is very important in determining whether or not Australia becomes a Banana Republic. People […]
NSW Secrets: Gladys, who is buying all the property in NSW?
NEWSFLASH – Since publishing this post on Saturday there has been a flurry of activity by the State Government, as some foreign buyer data for the period July through September 2016 […]
Gas shortages! A National Export Volume Auction is the solution to the Australian Gas Crisis.
The papers are full of stories about Australian companies being gouged and charged top dollar for LNG supplies at the same time as a bunch of international companies extract our gas reserves […]
Bank Watch: Aussie Bank CEOs deny nicotine is addictive!
Sorry there was a typo in that headline. “Bank CEOs deny Australian Housing is in a bubble” is what it should have said but in terms of denying the obvious it is […]
Oz Bank Watch: The root cause of the Australian housing bubble fiasco.
An excellent interview from Renegade Inc. Professor Richard Werner and David Buik talk with the host Ross Ashcroft about what is wrong with modern banking – especially in the UK. Plenty of […]
Australian Property Investors: Beware! the tax man’s new powers cometh
With the ongoing and loud debate about the merits of negative gearing and property investment, Australian property investors may not be paying enough attention to the mountains of property data the ATO […]
Australian Housing: Foreign buyers running amok?
Douglas Driscoll, the CEO of Starr Partners – real estate agents – reckons that foreign buying of Australian real estate is out of control. It is a good indication just how out […]
RBA Watch: Luci and the Platypus
Seasoned RBA Watchers always look forward to speeches by Luci Ellis. Although solid as rock when it comes to preserving the sacred myths and fables of modern neoliberal era central banking, there […]
Budget 2017: Plans to cut the CGT concession? Not likely
There is a story running in the Australian Financial Review today by Phil Coorey suggesting that Mr Morrison is thinking about reducing or eliminating the CGT concession that has made residential property […]
House Prices – Can they fall without crashing the economy?
Everyone seems to be agreed that house prices in Australia are high …. very high…. nose bleed high …. international jet set standards high. Sure there are a bunch of Bernard Salt […]
Book Review: The Production of Money – Ann Pettifor
If the Great Financial Crisis “GFC” (Australian for the Great Recession) taught us anything, and to date it appears not much has been learnt, it is that a solid understanding by the general […]
RBA Watch: Lucky Phil settles a tough room.
Over the soft tinkle of China and silverware, amidst the contented purrs as Peach Melba slid from hundreds of spoons, the Lucky Country Central Banker in Chief Governor Phil ‘Lucky’ Lowe cast […]
Recent Comments