An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
Latest data shows that more recent property purchases are being sold not long after buying, and some are going for a loss relative to...
Australia is paying way too much for its home-grown gas, as the over-exporting of gas has driven East Coast gas prices 400% higher than...
Last month Australian employment surprisingly tumbled in December, snapping four months of gains and sending the currency lower as traders boosted wagers on the...