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Sorry - was mucking around re-reading this so just re-posted it. (I think I am going to have to get involved in Victorian Liberal politics - and kick out the chief tosser and his impotent bag of sheep. We have got to start changing things!!!) KR & Co. are dreaming if they believe that...

Thanks Boomtown - I nearly wet myself when I read your last post!

So the idea is to kickstart the "global economy" (oh God not another of those tiresome cliches) by getting Australians to spend Asian savings. It used to be the Americans spending Asian savings (post 9/11 when the flood of cheap Asian credit hit the USA) - is KR and co. taking our heads to the...

Anyone still think a recession unlikely in Australia? Anyone recall me saying earlier that the concept of being "decoupled from the global economy" is only Wayne Swan's rhetoric? My simplified version so Swanny can get the message (if I were Keating I would demonstrating this as bottles of...

c'mon guys, you;re smarter than this surely? The price of oil is in every product you buy - from vegetables to plasma screens. It doesn't matter whether you use public transport or not (and for those that do, buses run on diesel the last time I looked), the fact is you will pay for higher...

Petrol prices at $2.00 before the end of the year. That is a 50% increase on the start of the year - unprecedented in our lifetimes. As a key driver of inflation, it is only going to get harder for everyone who is already mortgaged up. Every cost in your budget is going to steadily...

She'll be right (and we'll make up our minds but not until after you do) 'She'll be right', IMF says of Australia Tim Colebatch April 10, 2008 KEY POINTS ■World's output will grow by 3.7% this year (down from 4.9% last year). ■Australia's output will remain steady, growing 3.2% this year...

Prepare for opportunity With respect to the posts above and my previous thoughts, I believe that pricing will always return to a mean after sustained swings in either direction. Pricing will never live on a mean as it is ultimately dependent on consumer confidence. And so we will continue to...

Imf Reports That Australian Property One Of Four Most Overvalued Markets In The World Australia vulnerable to US 'tsunami', IMF warns Tim Colebatch April 9, 2008 AUSTRALIA'S overvalued housing markets and high levels of debt put it at risk of being hit by the financial tsunami swamping...

AFR article David Uren | March 7, 2008 THE economy is headed for recession next year, with a 50 per cent plunge in share values and a double-digit drop in house prices. Do I have your attention? While the Reserve Bank takes a largely benign view of the unfolding credit crisis...