Tag Archives: economy
Election Year Blues?
Posted on 11. Mar, 2010 by Chris Lang.
It’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 […]
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"Statistics Never Lie, or Do They?"
Posted on 25. Feb, 2010 by Chris Lang.
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’ll start to see wage pressures emerging?
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Your Opportunities Moving Forward?
Posted on 21. Jan, 2010 by Chris Lang.
There has been much written already about the global financial crisis.
But in layman’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 […]
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Biggest Economic Threat For Australia
Posted on 13. Jan, 2010 by Chris Lang.
It might surprise you to hear this, however …
A Strong US Recovery
… 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 […]
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The Future for Interest Rates
Posted on 24. Nov, 2009 by Chris Lang.
The RBA’s underlying rate of inflation rose by 3.5% in the year to September — less that what the markets and the RBA itself expected.
However, this figure needs to fall significantly for the RBA will put interest rates on hold again.
ith low inventories and industry capacity-use levels up over 80% once more … you could […]
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How Interest Rates Affect
the Property Markets
Posted on 17. Nov, 2009 by Chris Lang.
If the Reserve Bank (RBA) further increases rates in December, you will start to see the housing market plateau in the New Year. However, this should have little or no immediate effect on the rest of the economy.
n all discussion about Australia’s improving economy and retail spending, there has been little regard placed upon the […]
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Australian Commercial Property
Is Runnning Its Own Race
Posted on 16. Oct, 2009 by Chris Lang.
Unlike the US and Europe, Australia has not suffered a banking crisis. Therefore, our banking system is still capable of providing credit for normal growth.
With the US unemployment rate approaching 10%, this will delay any quick turnaround for the Commercial property sector.
s you would expect, there is a strong correlation between high unemployment, tenancy contractions […]
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Thankfully, The RBA Displayed
The Courage of Its Convictions
Posted on 08. Oct, 2009 by Chris Lang.
Clearly, many households and first home buyers will have reason to complain … but someone had to step up and show leadership. And it certainly wasn’t going to be the Labor Party.
y increasing the official cash rate from 3% to 3.25%, the RBA has signalled its intention to ensure Australia’s financial future remains […]
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Commercial Construction
Outlook Remains Soft
Posted on 07. Oct, 2009 by Chris Lang.
While Australia’s overall business expenditure has remained fairly strong, our Commercial construction and infrastructure outlays are expected to decline by at least 10% this financial year.
BCI Australia is forecasting project construction of some $63 billion 2009-10, which is about $7.7 billion down on that for 2008-09.
In all but for Victoria and South Australia, there was […]
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It’s both Good News … and Bad News!
Posted on 31. Aug, 2009 by Chris Lang.
overnment statistics show that business investment rose by 3.3% during the three months to June — most of it accounted for by a massive 20% surge in Victoria.
This increase is the latest confirmation that Australia has entered its recovery phase — emerging from the global turmoil, without experiencing a technical recession.
But what does this mean?
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State of the Commercial Market?
Posted on 17. Aug, 2009 by Chris Lang.
As you would expect, the financial turmoil worldwide has had a significant effect on most property markets. However, the effect has not been the same across the board.
The current state of the various CBD office markets is probably your best barometer of future activity for two reasons. First, the Property Council of Australia (PCA) conducts […]
