Tag Archives: global turmoil
Interest Rate Rises ...
Are they a Good Sign?
Posted on 05. May, 2010 by Chris Lang.
The RBA's decision on interest rates yesterday came about because of what'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's strong growth.
Since the global turmoil started in 2008, the $A [...]
Continue Reading
"Things Can Change So Quickly"
Posted on 15. Apr, 2010 by Chris Lang.
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's largest economy. However, it is currently the largest exporter; while being the second-largest importer.
Here's a [...]
Continue Reading
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 [...]
Continue Reading
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?
Continue Reading
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 [...]
Continue Reading
Victoria is Starting to Shine
Posted on 10. Mar, 2009 by Chris Lang.
Victoria may not have grown as fast as Queensland and WA over the whole of 2008.
However, it far outstripped every other State for the December — once the full impact of the global turmoil had started to take effect.
And as mentioned in an earlier posting ... the positive impact of the Bush Fire Relief funds [...]
Continue Reading
Which Australian Office Markets are in Trouble?
Posted on 10. Feb, 2009 by Chris Lang.
Queensland seems to have been hardest hit. And in particular the Gold Coast, where vacancy levels have soared to around 18%.
But the difficulties confronting Queensland (and fellow mining State WA) are not necessarily reflected Australia-wide.
Continue Reading
Taking Stock of Commercial Property
Posted on 03. Feb, 2009 by Chris Lang.
As I mentioned in a recent mail to some Clients, it's been surprising how few quality properties have been forced onto the market — given the difficulties caused by current global turmoil.
You've heard so much lately as to how bad things are. But let's undertake a quick comparison for Australia — between 1990 [...]
Continue Reading
This is Not Quite the Stuff of Fairytales ...
Posted on 03. Dec, 2008 by Chris Lang.
But for the most of 2008, Australia has basically experienced what you might term a Goldilocks market for Commercial property ... "not too hot, and not too cold!"
Despite Office, Retail and Industrial being near the top of their cycles ... the global turmoil has prevented the usual runaway activity occurring — in most capital Cities.
