photo credit: mhalon as according to Tohm Curtis a new series outlining why Economic Rehab is crucial What does ‘Economics’ mean…there’s some confusion as to whether it is a science or a philosophy? Wikipedia can provide some insight into the history of economics. I think though that maybe the simple starting point is: Economics is the study of reality. Okay … Read More
BHP Record Profits and 4 Corners Money Pit
photo credit: BK59 Last night saw the media highlight two essential points. On the same day that BHP announced it’s fifth consecutive record profit of $17.8 billion for the year, 4 Corners discussed how high land and housing prices in the mining town of Port Headland were strangling the community. Both media pieces overlooked the fundamental role of the community … Read More
Baby Boomers Rule Property Market
…..so jumps the headline on p3 of today’s Business Age. As we prepare to head off to the Baby Boomers Expo this weekend, we are armed with even more data on generational inequity. It may be just that little bit harder to bite our tongues as we go undercover, deep into the bowels of consumerism, as we attempt to raise … Read More
House Hunt Put in Focus
House hunt put in focus – Leader News: Melbourne community news The I Want to Live Here Film competition has made the Leader Newspaper throughout Western Melbourne. Concern over affordability and the lack of deep seated analysis leaves young people no option but to tell the real story. Laura Zeeman says: It is not really fair the previous generations were … Read More
Interest Rates cause of Recession?
photo credit: megananne Here we go again! The Reserve Bank is worried it raised interest rates too high. Is that what has caused this downturn? The real cause of this looming recession is the rampant over investment in land. This has pushed land prices to double the long term average in Australia, at 6.6 times the average wage, rather than … Read More