We ran out live stream event last night. During the session we discussed our revised scenarios, taking account of the complex local and international backdrop.
Using a baseline of July 2018, and looking ahead this is how it plays out. The risks from an international crisis have risen, the RBA itself is now projecting higher unemployment so lower wages growth, and the iron ore price is falling. Business and consumer confidence is being eroded, and the fall-out from the high-rise construction fiasco are only just starting to play out.
There is a path to property values rising, but we think this is relatively short lived.
We look at a global study of superannuation (pensions) and see where Australia stands, and also discuss the elephant in the room – poor...
Amazed though I am, it appears the LNP has one policy which is so critical it should win the election. I am talking about...
Steve Keen, the controversial economist, and I discuss the nature of debt and how it impacts the economy. Part two will follow later…. Support...