Tag Archives: recession
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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Positive Signs Continue in China
Posted on 23. Apr, 2009 by Chris Lang.
Despite what the IMF has to say this morning ... the World Bank expects China's economy to start growing by mid-year, as a result of its massive stimulus package (some $A800 billion).
Overall growth for China has become more certain, as activity moves from state-funded projects into housing and improved consumption.
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Demand Finally Surfaces!
Posted on 13. Mar, 2009 by Chris Lang.
The pent-up demand for housing serves to underline that this downturn is more like the credit squeeze of the mid-1970s, than the recession of the early 1990s.
It's principally a confidence thing.
However, the recent surge in purchases by first-home buyers confirms that with the encouragement of low interest rates and government hand-outs ... the buyers will [...]
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Some Answers in These Troubled Times
Posted on 15. Oct, 2008 by Chris Lang.
There are a couple of questions on the minds of Commercial Property Investors at the moment.
And they go something like this.
