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  1. K

    Recession likely in Australia

    Dear All, 1. Is an Australian Recession Looming, as indicated by the Westpac-Melbourne Institute Economics Leading Index, please? Please the u/m news article from Singapore below. 2. For your further comments and discussion, please. 3. Thank you. Regards, Kenneth KOH...
  2. K

    Recession likely in Australia

    &&&&&&&&&&&&&&&&&&&&&&& Dear Chiilaa, 1. While I fully agree with you that this is the appropiate economic response for the time being as far as the present proper management of the Australian Economy is concerned, however I doubt the Kevin Rudd's ALP Federal Government can "afford" to take...
  3. K

    Recession likely in Australia

    &&&&&&&&&&&&&&&&&&&&&& Dear Andrew_A, 1. RBA will probably become more experienced, after learning from its various mistakes. The Australian Economy did not officially fallen into a Recession in 2008, unlike many of the existing OECD countries. 2. The Kevin Rudd's ALP Federal Govt, as...
  4. K

    Recession likely in Australia

    Dear All, 1. The RBA has said that Australia is likely to escape falling into an Official Recession in 2009 and 2010. Please see the following news article extract as follows: *************************************** Australia set to dodge recession: RBA Chris Zappone WAToday.com.au February...
  5. K

    Recession likely in Australia

    &&&&&&&&&&&&&&&&& Dear KY, Congratulations! Good for you, then! Cheers, Kenneth KOH
  6. K

    Recession likely in Australia

    &&&&&&&&&&&&&&&&& Hi Bill, You are right. It's it $6.2 Billion to be spread over 13 years time period, though it was reported in the Australian Newspapers today that "THE American owners of local Ford and Holden plants will be laughing at the Australian "suckers" who have handed them a...
  7. K

    Recession likely in Australia

    Dear Quoll, 1. While I do agree with you to a certain extent;- though on hindsight wisdom, I wonder why the RBA choose to deliberately "ignore" the risks of the impending financial tsunami that the ex-Treasurer, Peter Costello was warning Australians well in advance, in the first place? 2...
  8. K

    Recession likely in Australia

    Dear All, 1. It is now clear that the Australian Federal Treasury and RBA are presently having different growth rate estimates for the Australian Economy in 2008. 2. The Australian Federal Treasury's revised estimate for the Australian Economy 2008 growth rate is 2%, which was released...
  9. K

    Recession likely in Australia

    Dear Peter, 1. I agree with you to a large extent that central issue at stake is how well or/and adequately prepared are we in handling the consequences on this coming Recession i.e to be "Recession-Proof". 2. The issue is not the Recession per se;- Rather, it is the attendant adverse...
  10. K

    Recession likely in Australia

    88888888888888888888888888888888888888888888 Dear Tubs, 1. If you do not believe in the reported Australian Treasury's Mid-Year Economic and Fiscal Review figures or/and RBA figures prima facie, then I do not know what kind of data you that actually use, to make your own market...
  11. K

    Recession likely in Australia

    Dear All, 1. It was reported in the SMH Newspapers today that the Australian Treasury is still projecting a reduction of the Australian Economy growth rate down to 2% to be achieved for FY 2008/2009, together with a revised A$4.9 Billion Budget Surplus...
  12. K

    Recession likely in Australia

    Dear All, 1. The Sydney Morning Newspapers today reported that a. "Telling households to beware of too much pessimism, Mr Battellino also said the economy was on track to avoid the recession engulfing many other developed countries." b. "he (Battelino) was optimistic that...
  13. K

    Recession likely in Australia

    +++++++++++++++++++ Hiya Michael, 1. Like you, I do. 2. This is because there are some good news midst the negative news, such as the likely further interest rate cut, that the Recession to come, if it does come in the first place, is likely to be a shallow one and shorter one as...
  14. K

    Recession likely in Australia

    &&&&&&&&&&&&&&&&&&&&& Dear All, 1. The economists at Goldman Sachs JBWere are presently predicting that " Australia is already halfway through an official recession - defined as two consecutive quarters of negative growth." 2. "The investment bank JP Morgan yesterday, has also...
  15. K

    Recession likely in Australia

    Dear All, 1. Chris Zappone, in his article, "Recession On The Way", which was published in the Sydney Morning Herald Newspapers today reported that : a. "Australia 's economy will begin to shrink by the end of the year as global forces align with sluggish domestic demand, according to...
  16. K

    Recession likely in Australia

    &&&&&&&&&&&&&&&&&&&&& Dear Red Baron, 1. IF we honestly are prepared to look inwards into ourselves and to truthfully and honestly examine into our own thinking, it is FEAR (False Expectations Appearing Real) per se, rather than the market development per see that this actually stopping us...
  17. K

    Recession likely in Australia

    Dear All, 1.The Brisbane Times Newspapers today reported:"an increase in the first home buyers grant is helping renew interest in the housing market, federal Housing Minister Tanya Plibersek says." "First-time buyers who purchase a newly-built home are eligible for grants of up to $21,000 as...
  18. K

    Recession likely in Australia

    Dear All, 1. Shane Wright, the Economics Editor for the "West Australian" Newspapers has recently expressed his optimism that Australia is unlikely to fall into a Recession in the immediate near future. 2. In his article, entitled, "WA Set To Ride Out Economic Storm", Shane makes his...
  19. K

    Recession likely in Australia

    ******************************* Dear All, 1. It was recently reported that: a. "Achieving a soft landing is basic to Labor's economic credentials and its political success." b. "Make no mistake, Rudd's message is that he will take whatever action is needed to avoid a recession." c...
  20. K

    Recession likely in Australia

    ******************************* Dear All 1. It was reported that a. " The Prime Minister rejected the growing view that Australia will succumb to recession."... "It is his Government's resolve." (to prevent Australia from falling into a Recession). b. "Based on our analysis within...
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