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	<title>No Guns ... No Horses&#187; Global Scene</title>
	<atom:link href="http://his-best.biz/category/global-scene/feed/" rel="self" type="application/rss+xml" />
	<link>http://his-best.biz</link>
	<description>Chris Lang at His Best</description>
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			<item>
		<title>&quot;Cycles Ain&#039;t Cycles&quot;</title>
		<link>http://his-best.biz/2010/08/09/cycles-aint-cycles/</link>
		<comments>http://his-best.biz/2010/08/09/cycles-aint-cycles/#comments</comments>
		<pubDate>Mon, 09 Aug 2010 07:31:11 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Development Opportunity]]></category>
		<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Industrial Sector]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[18 years]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[boom]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commercial property markets]]></category>
		<category><![CDATA[commercial property sector]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[global financial crisis]]></category>
		<category><![CDATA[halfway point]]></category>
		<category><![CDATA[investment_opportunity]]></category>
		<category><![CDATA[melbourne]]></category>
		<category><![CDATA[peak to peak]]></category>
		<category><![CDATA[privileged position]]></category>
		<category><![CDATA[shrapnel]]></category>
		<category><![CDATA[speculative development]]></category>
		<category><![CDATA[standout]]></category>
		<category><![CDATA[strategic advantage]]></category>
		<category><![CDATA[upswing]]></category>
		<category><![CDATA[upturn]]></category>
		<category><![CDATA[vacancies]]></category>
		<category><![CDATA[victoria]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=3443</guid>
		<description><![CDATA[Overall, Australia has sailed through the Global Financial Crisis more or less unscathed. And from all accounts, Victoria and enjoys the standout economy of all the States.

The Traditional Cycle Has Been Interrupted

Last week, you explored the traditional cycle for CBD Offices &#8212; being 18 years from peak to peak. And over that same period, Retail [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/08/09/cycles-aint-cycles/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Some Gloom ... Yet More Glee!</title>
		<link>http://his-best.biz/2010/06/30/sglee/</link>
		<comments>http://his-best.biz/2010/06/30/sglee/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 00:35:37 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[Using Debt]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[asian economy]]></category>
		<category><![CDATA[australian capital cities]]></category>
		<category><![CDATA[central banks]]></category>
		<category><![CDATA[commercial investment property]]></category>
		<category><![CDATA[economic activity]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[government funding]]></category>
		<category><![CDATA[imf]]></category>
		<category><![CDATA[office towers]]></category>
		<category><![CDATA[perfect time]]></category>
		<category><![CDATA[price bracket]]></category>
		<category><![CDATA[private banks]]></category>
		<category><![CDATA[private buyer]]></category>
		<category><![CDATA[property trusts]]></category>
		<category><![CDATA[ripple effect]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[us federal reserve]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=3147</guid>
		<description><![CDATA[ The US Federal Reserve is concerned that consumption is still being underpinned by government funding.

And so, even though stimulus measures may be winding down ... the Fed has decided to maintain interest rates at their historically low level.

It seems that households and businesses are preferring to repay debt, rather than spend to encourage investment [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/06/30/sglee/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Interest Rate Rises ... Are they a Good Sign?</title>
		<link>http://his-best.biz/2010/05/05/interest-rate-rises/</link>
		<comments>http://his-best.biz/2010/05/05/interest-rate-rises/#comments</comments>
		<pubDate>Tue, 04 May 2010 23:45:46 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[business confidence]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[clothing footwear]]></category>
		<category><![CDATA[commercial investors]]></category>
		<category><![CDATA[company inventories]]></category>
		<category><![CDATA[confidence index]]></category>
		<category><![CDATA[consecutive quarter]]></category>
		<category><![CDATA[current construction]]></category>
		<category><![CDATA[electrical goods]]></category>
		<category><![CDATA[global turmoil]]></category>
		<category><![CDATA[last quarter]]></category>
		<category><![CDATA[massive price]]></category>
		<category><![CDATA[nab]]></category>
		<category><![CDATA[office leasing]]></category>
		<category><![CDATA[price hikes]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[rental increases]]></category>
		<category><![CDATA[retail prices]]></category>
		<category><![CDATA[trading partners]]></category>
		<category><![CDATA[vacancy rates]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=3000</guid>
		<description><![CDATA[The RBA&#039;s decision on interest rates yesterday came about because of what&#039;s happening here in Australia, rather than in Europe.

It has been made against the backdrop of our exporters having recently extracted massive price hikes for iron or in coal, as a result of China&#039;s strong growth.

Since the global turmoil started in 2008, the $A [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&quot;Things Can Change So Quickly&quot;</title>
		<link>http://his-best.biz/2010/04/15/things-can-change-so-quickly/</link>
		<comments>http://his-best.biz/2010/04/15/things-can-change-so-quickly/#comments</comments>
		<pubDate>Thu, 15 Apr 2010 04:30:27 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Buying Criteria]]></category>
		<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[1980s]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commercial property investment]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[europe]]></category>
		<category><![CDATA[global trade]]></category>
		<category><![CDATA[global turmoil]]></category>
		<category><![CDATA[japan germany]]></category>
		<category><![CDATA[largest exporter]]></category>
		<category><![CDATA[largest importer]]></category>
		<category><![CDATA[united states]]></category>
		<category><![CDATA[wal mart]]></category>
		<category><![CDATA[watchful eye]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2899</guid>
		<description><![CDATA[
ave you stopped to think just how things have changed over the past 25 years? 

Just take a look at the global trade figures for the United States, Japan, Germany and Britain.

After the United States, China is now the world&#039;s largest economy. However, it is currently the largest exporter; while being the second-largest importer.

Here&#039;s a [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Will Interest Rates Affect Commercial Yields?</title>
		<link>http://his-best.biz/2010/04/07/interest-rates-commercial-yields/</link>
		<comments>http://his-best.biz/2010/04/07/interest-rates-commercial-yields/#comments</comments>
		<pubDate>Wed, 07 Apr 2010 05:38:38 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Industrial Sector]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Yields]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[buying a property]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commodity exports]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[industrial space]]></category>
		<category><![CDATA[melbourne]]></category>
		<category><![CDATA[mortgage rates]]></category>
		<category><![CDATA[neutral territory]]></category>
		<category><![CDATA[oversupply]]></category>
		<category><![CDATA[rate increase]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[recovery mode]]></category>
		<category><![CDATA[residential market]]></category>
		<category><![CDATA[residential property]]></category>
		<category><![CDATA[retail activity]]></category>
		<category><![CDATA[retail properties]]></category>
		<category><![CDATA[rising interest rates]]></category>
		<category><![CDATA[shrapnel]]></category>
		<category><![CDATA[sydney]]></category>
		<category><![CDATA[sydney melbourne]]></category>
		<category><![CDATA[upward bias]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2849</guid>
		<description><![CDATA[Yesterday, the RBA confirmed an upward bias with its latest rate increase.

This table from today&#039;s Financial Review seems to sum up the RBA&#039;s position fairly well.

Residential property prices are still surging (particularly in Sydney &#38; Melbourne); and our commodity exports have also regained their momentum.

As such, the RBA has decided that Australia is in full [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Election Year Blues?</title>
		<link>http://his-best.biz/2010/03/11/election-year-blues/</link>
		<comments>http://his-best.biz/2010/03/11/election-year-blues/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 04:30:14 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[australian dollar]]></category>
		<category><![CDATA[boom]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[election year]]></category>
		<category><![CDATA[government subsidies]]></category>
		<category><![CDATA[insatiable demand]]></category>
		<category><![CDATA[labour]]></category>
		<category><![CDATA[local businesses]]></category>
		<category><![CDATA[manufacturing industries]]></category>
		<category><![CDATA[productivity]]></category>
		<category><![CDATA[rate increases]]></category>
		<category><![CDATA[rising interest rates]]></category>
		<category><![CDATA[sectors]]></category>
		<category><![CDATA[trade unions]]></category>
		<category><![CDATA[wage rate]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2717</guid>
		<description><![CDATA[It&#039;s not just rising interest rates that the Rudd government will have to contend with, in the run-up to the next election.

The joy of the resources boom restarting brings with it certain unwanted side effects. What you will start to see is wage rate increases; plus the drawing away of materials and equipment, from other [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Was the RBA Asleep at the Wheel?</title>
		<link>http://his-best.biz/2010/03/04/rba-asleep/</link>
		<comments>http://his-best.biz/2010/03/04/rba-asleep/#comments</comments>
		<pubDate>Thu, 04 Mar 2010 04:16:31 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[balancing act]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[buoyancy]]></category>
		<category><![CDATA[bursting bubbles]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commercial sector]]></category>
		<category><![CDATA[economists]]></category>
		<category><![CDATA[headline inflation]]></category>
		<category><![CDATA[home values]]></category>
		<category><![CDATA[housing shortage]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[residential market]]></category>
		<category><![CDATA[statistical anomaly]]></category>
		<category><![CDATA[unemployment figure]]></category>
		<category><![CDATA[upward bias]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2703</guid>
		<description><![CDATA[In fact, the RBA has been cautious ... NOT asleep!

Last week, we covered the statistical anomaly relating to Australia&#039;s low unemployment figure. And that may well have influenced the RBA in holding rates steady last month. 

Although, the patchy spending in December and January probably coloured their thinking as well.
Nonetheless, you continue to see a [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/03/04/rba-asleep/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&quot;Statistics Never Lie, or Do They?&quot;</title>
		<link>http://his-best.biz/2010/02/25/statistics-never-lie-or-do-they/</link>
		<comments>http://his-best.biz/2010/02/25/statistics-never-lie-or-do-they/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 23:45:55 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[employment trends]]></category>
		<category><![CDATA[financial turmoil]]></category>
		<category><![CDATA[hidden capacity]]></category>
		<category><![CDATA[part time]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[statistics]]></category>
		<category><![CDATA[unemployment figure]]></category>
		<category><![CDATA[unemployment rate]]></category>
		<category><![CDATA[wage pressures]]></category>
		<category><![CDATA[western countries]]></category>
		<category><![CDATA[workforce]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2656</guid>
		<description><![CDATA[There are some interesting outcomes emerging from a wash-up of the recent financial turmoil.

Australia has fared best among the Western countries, with its unemployment rate at only 5.3% and falling. But does this now mean you&#039;ll start to see wage pressures emerging? 


Or maybe the statistics are not telling you the full story.

A Structural Change [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What about the Baby-Boomer Effect?</title>
		<link>http://his-best.biz/2010/02/02/what-about-the-baby-boomer-effect/</link>
		<comments>http://his-best.biz/2010/02/02/what-about-the-baby-boomer-effect/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 03:45:37 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Baby Boomers]]></category>
		<category><![CDATA[City Apartments]]></category>
		<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Using Debt]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[adelaide]]></category>
		<category><![CDATA[australian demographics]]></category>
		<category><![CDATA[brisbane]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[closer look]]></category>
		<category><![CDATA[federal government]]></category>
		<category><![CDATA[first home buyer]]></category>
		<category><![CDATA[global financial crisis]]></category>
		<category><![CDATA[housing market]]></category>
		<category><![CDATA[incentive package]]></category>
		<category><![CDATA[initial concerns]]></category>
		<category><![CDATA[interest rate rises]]></category>
		<category><![CDATA[intergenerational report]]></category>
		<category><![CDATA[kew]]></category>
		<category><![CDATA[low interest rates]]></category>
		<category><![CDATA[melbourne]]></category>
		<category><![CDATA[new chapter]]></category>
		<category><![CDATA[several ways]]></category>
		<category><![CDATA[startling statement]]></category>
		<category><![CDATA[staying at home]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[sydney]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2432</guid>
		<description><![CDATA[Yesterday, the Federal government released Australia&#039;s third Intergenerational Report.

And about five years ago, I came out with a somewhat startling statement:

&#034;If you haven&#039;t sold your traditional family home by 2010 ... you had better be prepared to hold it until 2025 &#8212; because there simply won&#039;t be a market for it!&#034;


nd given the recent surge [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Your Opportunities Moving Forward?</title>
		<link>http://his-best.biz/2010/01/21/your-opportunities/</link>
		<comments>http://his-best.biz/2010/01/21/your-opportunities/#comments</comments>
		<pubDate>Wed, 20 Jan 2010 23:40:00 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[births]]></category>
		<category><![CDATA[boom]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commercial accommodation]]></category>
		<category><![CDATA[commercial property markets]]></category>
		<category><![CDATA[consumption]]></category>
		<category><![CDATA[current account deficit]]></category>
		<category><![CDATA[delicate nature]]></category>
		<category><![CDATA[economic success]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[federal government]]></category>
		<category><![CDATA[global financial crisis]]></category>
		<category><![CDATA[immigration]]></category>
		<category><![CDATA[incentive package]]></category>
		<category><![CDATA[layman]]></category>
		<category><![CDATA[lull]]></category>
		<category><![CDATA[offices]]></category>
		<category><![CDATA[pathway]]></category>
		<category><![CDATA[population growth]]></category>
		<category><![CDATA[principal cause]]></category>
		<category><![CDATA[recovery phase]]></category>
		<category><![CDATA[state governments]]></category>
		<category><![CDATA[superpowers]]></category>
		<category><![CDATA[western economies]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2349</guid>
		<description><![CDATA[There has been much written already about the global financial crisis.

But in layman&#039;s terms, it occurred as a result of capital imbalances occurring throughout the world. And nowhere more so, than in America.

The principal cause can be found with the high levels of US debt-funded consumption. And in order to better understand this distortion, you [...]]]></description>
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		<slash:comments>1</slash:comments>
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