Tag Archives: financial crisis
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 [...]
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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. As you would expect, there is a strong correlation between high unemployment, [...]
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Do You Remember Back Then ... ?
Posted on 05. May, 2009 by Chris Lang.
In an earlier article, I gave you a bullet-point comparison of how things are NOW ... compared to the early 1990s ... in relation to Commercial property. Anyway, here are some very revealing graphs — based upon figures from the RBA. Back in the 1990s, the banks were burdened with a heavy corporate exposure; and [...]
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