Category Archives: Real estate and economics

real estate, valuation, economics, australia

Australian economy and the outlook

So is the Australian economy looking good or bad? What you believe the answer to be depends on who, or what newspaper, you read. If you think that the economy is in great shape and going to expand, you could … Continue reading

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Reality TV: it’s the Euro show again

So, after a break, Europe is hitting the headlines again as the debate about Greece leaving the Euro, and even the EU, intensifies. Without an elected government, Greece cannot ratify the IMF conditions, and seems to have less will to … Continue reading

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Australian economic update

The Propell report on the Australian economy is attached below. In the past week, we’ve seen the RBA reduce the cash rate by 0.5% to 3.75%, and the Federal Budget handed down. The Budget contained no great surprises. Lots of … Continue reading

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Economic outlook under scrutiny

We start a week leading up to the Federal Budget with the economic outlook and interest rates under scrutiny, and a cloudy world outlook as France elects a socialist leader and the result of the Greek elections is awaited. The … Continue reading

Posted in Real estate and economics, Australian economy, Reserve Bank, Australian real estate, Home loans, Housing, Residential house prices, World economics, Europe, Greece, Interest rates | Leave a comment

Reserve Bank cuts interest rates 0.50%

In a surprise move, the Reserve Bank has cut interest rates by 0.50%, exceeding market expectations of a 0.25% cut, citing an economy that is moving slower than trend, and a significant fall in inflation (1.6%) which is raising the … Continue reading

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State Govt revenue blues

As we approach budget season for the State and Federal governments, calls for restraint and balanced budgets by Wayne Swan are at odds with the fiscal difficulties on the ground. The lack of growth in consumer spending in the past … Continue reading

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Federal budget battle begins

The Federal Budget may be a month away but the political battle has already begun as the government advertises its’ commitment to a balanced budget (for which read, more taxes) and Joe Hockey gets lambasted for the reasonable suggestion that … Continue reading

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Australian economic overview

The Australian economy has slowed in the past year despite the mining boom, but according to the IMF it is likely to improve in the coming year. The Propell economic overview was published today and is available from the link … Continue reading

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Economy gets tougher

Things have been unusually quiet on the economic news front over the past week, apart from the news from Queensland of the dramatic change in politics as the LNP wipes out Labor. Internationally not much happened – the best that … Continue reading

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Business conditions according to Rita

I had an email from Rita Avdiev the other day giving her view, as a management consultant, specializing in remuneration consulting to the property industry, of how the State economies are sitting. It was interesting enough that I’m reproducing it … Continue reading

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