There is one dormant clause that could see the Aussie government walk away with more gold than any other country in the world.
When it comes to gold, gold in the ground, and gold mining, there’s no question that Australia is a superpower.
There’s plenty of money to be made off Chinese consumers. Not just for businesses, but for you, the investor, as well.
If the Aussie government’s paranoia is about hacking and cyber attacks, then we should cut all ties with the US. And we should get pretty cosy with China.
Aside from this being expected of a public sector body, the reality is that economically, the NBN was doomed from the start.
Australia doesn’t have enough private savings to bid for many of these large assets, so there were always going to be foreign investors in the mix.
Things have changed. Australia is no longer an economic miracle. Here’s the giveaway that the Aussie economy is in more than a spot of bother.
Continued retail rate increases will be calamitous for the Aussie property market and for anyone loading up on cheap debt now .
Stevens is negating the ‘property bubble’ mania. The misguided fear of property prices propped up by low interest rates and lax lending standards.
Imagine another 1% worth of RBA rate cuts. Sounds good in theory for your mortgage… unless the banks don’t pass it on at all.