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	<title>No Guns ... No Horses</title>
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	<link>http://his-best.biz</link>
	<description>Chris Lang at His Best</description>
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		<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&#8217;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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		<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 &#8230; NOT asleep!

Last week, we covered the statistical anomaly relating to Australia&#8217;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&#8217;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>Your Baby-Boomer Opportunity!</title>
		<link>http://his-best.biz/2010/02/17/boomers-upside/</link>
		<comments>http://his-best.biz/2010/02/17/boomers-upside/#comments</comments>
		<pubDate>Tue, 16 Feb 2010 23:45:32 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Baby Boomers]]></category>
		<category><![CDATA[Buying Criteria]]></category>
		<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[advisory role]]></category>
		<category><![CDATA[baby boomer]]></category>
		<category><![CDATA[business experience]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commercial property investment]]></category>
		<category><![CDATA[consultancy business]]></category>
		<category><![CDATA[conventional sense]]></category>
		<category><![CDATA[credibility]]></category>
		<category><![CDATA[economy opportunities]]></category>
		<category><![CDATA[equity position]]></category>
		<category><![CDATA[family business]]></category>
		<category><![CDATA[fledgeling]]></category>
		<category><![CDATA[gen x]]></category>
		<category><![CDATA[gen-y]]></category>
		<category><![CDATA[more baby boomers]]></category>
		<category><![CDATA[offices]]></category>
		<category><![CDATA[risk takers]]></category>
		<category><![CDATA[self confidence]]></category>
		<category><![CDATA[small businesses]]></category>
		<category><![CDATA[succession]]></category>
		<category><![CDATA[workforce]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2562</guid>
		<description><![CDATA[Whenever you go through a major structural change within society or the economy &#8230; opportunities will always emerge.

But you&#8217;ll find that Baby Boomers won&#8217;t be retiring &#8212; well, not in the conventional sense. Most will leave their long-time employment, to establish some type of small consultancy business.

In the past, many well-known firms simply evolved as [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8220;How Baby Boomers affect your Commercial Property&#8221;</title>
		<link>http://his-best.biz/2010/02/10/baby-boomers-and-commercial-property/</link>
		<comments>http://his-best.biz/2010/02/10/baby-boomers-and-commercial-property/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 23:45:12 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Baby Boomers]]></category>
		<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Investment Objectives]]></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>

		<guid isPermaLink="false">http://his-best.biz/?p=2453</guid>
		<description><![CDATA[Last week, you hopefully gained a clearer understanding of the timing (and impact) Baby Boomers will have on Residential property, until around 2025.

Most people probably feel all this would have little or no impact on Commercial property.

And for some of you, that might be true. But I suspect there are many Boomers, where the effect [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/02/10/baby-boomers-and-commercial-property/feed/</wfw:commentRss>
		<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&#8217;s third Intergenerational Report.

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

&#8220;If you haven&#8217;t sold your traditional family home by 2010 &#8230; you had better be prepared to hold it until 2025 &#8212; because there simply won&#8217;t be a market for it!&#8221;


nd given the recent surge [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/02/02/what-about-the-baby-boomer-effect/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Office Market is Looking Good</title>
		<link>http://his-best.biz/2010/01/27/cbd-office-market/</link>
		<comments>http://his-best.biz/2010/01/27/cbd-office-market/#comments</comments>
		<pubDate>Tue, 26 Jan 2010 23:40:36 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[bligh street]]></category>
		<category><![CDATA[CBD_Offices]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[corporate mergers and acquisitions]]></category>
		<category><![CDATA[doom and gloom]]></category>
		<category><![CDATA[employing staff]]></category>
		<category><![CDATA[finance sector]]></category>
		<category><![CDATA[financial services sector]]></category>
		<category><![CDATA[gorgon project]]></category>
		<category><![CDATA[investment banks]]></category>
		<category><![CDATA[melbourne]]></category>
		<category><![CDATA[mergers and acquisitions]]></category>
		<category><![CDATA[mining companies]]></category>
		<category><![CDATA[office projects]]></category>
		<category><![CDATA[office vacancies]]></category>
		<category><![CDATA[perth market]]></category>
		<category><![CDATA[sydney market]]></category>
		<category><![CDATA[vacancy rate]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2395</guid>
		<description><![CDATA[While several capital cities still have a reasonably high Office vacancies, there is a general shortage of space looming.

Twelve months ago, it was all doom and gloom for the CBD Office markets in Perth and Brisbane &#8212; with falls expected in both rents and values. New projects were being finished, as the resources boom ground [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/01/27/cbd-office-market/feed/</wfw:commentRss>
		<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&#8217;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>
		<wfw:commentRss>http://his-best.biz/2010/01/21/your-opportunities/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Biggest Economic Threat For Australia</title>
		<link>http://his-best.biz/2010/01/13/biggest-economic-threat-for-australia/</link>
		<comments>http://his-best.biz/2010/01/13/biggest-economic-threat-for-australia/#comments</comments>
		<pubDate>Tue, 12 Jan 2010 23:45:43 +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 Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[australian dollar]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[collapse]]></category>
		<category><![CDATA[commercial property markets]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[global turmoil]]></category>
		<category><![CDATA[growth pressures]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[home mortgage rates]]></category>
		<category><![CDATA[industrial_property]]></category>
		<category><![CDATA[inflationary pressures]]></category>
		<category><![CDATA[margins]]></category>
		<category><![CDATA[momentum]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[offices]]></category>
		<category><![CDATA[overdrafts]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[recovery phase]]></category>
		<category><![CDATA[resources sector]]></category>
		<category><![CDATA[retail properties]]></category>
		<category><![CDATA[small business loan]]></category>
		<category><![CDATA[spectre]]></category>
		<category><![CDATA[us federal reserve]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2284</guid>
		<description><![CDATA[It might surprise you to hear this, however &#8230;

A Strong US Recovery

&#8230; would probably be the worst thing to happen for Australia in 2010.

If that occurs, the US Federal Reserve would be forced to quickly raise interest rates, from zero to around 3%. And that would cause the collapse in the Australian dollar from its [...]]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>A Strong Finish to 2009</title>
		<link>http://his-best.biz/2010/01/05/a-strong-finish-to-2009/</link>
		<comments>http://his-best.biz/2010/01/05/a-strong-finish-to-2009/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 23:43:48 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[arterial roads]]></category>
		<category><![CDATA[cbd]]></category>
		<category><![CDATA[commercial property investment]]></category>
		<category><![CDATA[jones lang lasalle]]></category>
		<category><![CDATA[melbourne office]]></category>
		<category><![CDATA[million sales]]></category>
		<category><![CDATA[private investors]]></category>
		<category><![CDATA[strata]]></category>
		<category><![CDATA[sydney]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2270</guid>
		<description><![CDATA[By early December 2009, sales of Commercial property in Melbourne&#8217;s CBD had almost reached $1 billion &#8212; according to a report prepared by Jones Lang LaSalle. 

Apparently, Melbourne office sales (for buildings over $10 million) totalled around $998 million &#8212; while in Sydney, it had reached $444 million.

Sales may well have topped the $1 billion [...]]]></description>
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		<slash:comments>0</slash:comments>
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