Is Australia facing the first recession in 20 years?

What economic outlook does Australia face over the next 12 months?

  • TEOTWAWKI (google it)

    Votes: 4 2.1%
  • Depression

    Votes: 7 3.7%
  • Recession

    Votes: 42 22.5%
  • Slight Downturn

    Votes: 64 34.2%
  • Steady As She Goes

    Votes: 54 28.9%
  • Continue To Boom

    Votes: 16 8.6%

  • Total voters
    187
A) The 'Lending and Credit Aggregates - D2' spreadsheet on the RBA page I linked has mortgage data going back to 1990.
B) The downloads tab on the ABS page I linked has GDP data going back even further.
C) I didn't extrapolate anything.

Used the wrong word in expolated, should have been, to quote you, assumed.
 
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The assumption was because I couldn't be bothered putting the data together when I know mortgage growth has been over 4% per annum for the last few years and GDP has only recently just peaked around the same level. You are welcome to use the links above to prove whatever point you were trying to make (aka trying to find any little scrap of data that would prove me wrong), but I think you will be sorely disappointed. I look forward to your chart.
 
and more back and forth, with each individual side showing 'facts' or media links to support there 'side'.
Yep, that's pretty much what the last 38 pages are... but isn't that the point of the "Property Market Economics" sub-forum (using facts/anecdotes to form an opinion to share)? :)
 
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