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True to both points.

You never know. Few ppl on this forum got the blinkers on with regards to economy......like that dude in the "we're building towards a construction boom" thread - he just can't let go.....it's all perma-bulls stuff for these guys while around them it's going belly up. Here's two very...

The economy ain't bad.....they're cutting rates for just something to do :D

x2 I'll add my two cents.... The first few pages of today's CourierMail practically all about the concessions that we as a state in QLD are goign to have to make to get out of this debt situation we're in......GOVT looking to cut public sector jobs by a 3rd over the next five years...on...

The Age - NAB cuts fixed-rate loans as pricing hits 20-year lows Pre-cursor of things to come from RBA or like the article says, simply a matter of a bank trying to attract customers?

RIO in a pessimistic mood about Iron Ore http://m.theaustralian.com.au/business/mining-energy/rio-tinto-sees-downward-pressure-on-iron-ore-prices/story-e6frg9df-1226600812459

Welcome to my world. I went thru the same thing years ago....it was hell. Same thing - missed gas bill (optus) and internet (aapt)...~ $400 in total. Both last bills and they got lost in transit. Both bills eventually paid off when they came to my attention - but after they slapped me with...

What dreams are made of, right?

http://www.news.com.au/realestate/perfect-storm-in-perth-market/story-fncq3era-1226593306857 Properties selling within hours of listing. Properties selling significantly above their asking price Multiple offers Panic / feverish buying Oh my, here we go again..... What happens...

Iron Ore to go back to $100 per tonne....straight from the horses mouth. http://au.ibtimes.com/articles/444381/20130311/rio-tinto-iron-ore-prices-go-down.htm We know WA economy lives and dies by the Iron. How long before this filters down into the local WA economy.

Iron Ore in a tad trouble. http://www.mining.com/iron-ore-free-fall-strikes-projects-miners-and-frightens-investors-57714/ Not looking good for Perth property...though the Perma Bulls will tell you otherwise. Bottom line --> don't mess with the Chinese....if their melamine milk...

x2. Perth schmerth....its all about Perth....but even WA will get hit once Iron Ore prices come back to reality. Btw, more job cuts point to weak economy.....CSR cuts 150 workers http://www.heraldsun.com.au/realestate/building-sector-jobs-hit-hard/story-fnczi4hc-1226595288577...

Good question and the answer is mostly because you have deads**ts and nobodies with low or appalling buisness, negotiation, decision-making and strategy skills in public office - ex-butchers, ex-school teachers, etc....I kid you not - look at the current NT state Gov for example. Then you...

How's that Labour-since-Federation seat of Newcastle treating you these days?

Yep, same thing here http://www.smh.com.au/opinion/political-news/laborgreens-alliance-dead-says-milne-20130219-2eoqz.html The cynic in me would say "oh really, funny that now that Labour is doomed" The realist in me would say "oh really, funny that now that Labour is doomed" HA...

I like these threads. But does anyone actually think the ALP will win? The resentment for Labour is palpable across the community. You can't stop tsunami that is coming on election day.

Too true that. ABS Index VS unemployemnt rate, sectors in a death sprial (retail, building), other sectors cost-cutting (oil & gas), even stevens inflation. Ummm, no thanks, I'll also pass on the fix rate suggestion. The AUS economy is not in a good place...in fact it's crap...

Bored at work today, I read the following article on the Courier Mail site - something about "News Limited's shadow board of respected economists" (too funny) predicting an end to rate drops, a steady hold and the next movement to be up...

Asset? She lied about going full-term. She lied about asset sales and fuel taxes. She mismanaged our water. Her stance against a referendum on daylight saving is outdated. It was during her watch that the QLD Health payroll disaster occurred and is still yet to be resolved...

This is thanks to the mortgage exit fee ban....and what a powerful reform it is.