Today we will see a release of the National Accounts document from the Australian Bureau of Statistics which will give us a very clear idea of how Australia’s has faired…
stimulus
With the ABS releasing its National Accounts figures yesterday a strange thing occurred, we avoided a recession. In a seemingly unprecedented move the Australian economy rose above negative territory and…
Our beloved Prime Minister Kevin Rudd has finally used the R word to describe Australia’s current economic situation: The worst global economic recession in 75 years means it’s inevitable that…
The Global Financial Crisis is hitting everyone, and with each passing day it would appear that it is hitting more and more people directly. With the unemployment rate hitting 5.2%…
With the Global Financial Crisis savaging our world’s trade and capital markets people are looking for more ways to scrimp and save in order to whether these tough times. This…