Boom or bust, it’s still a case of buyer beware

boom-or-bustAustralia’s current economic state can be blamed on the GFC.

AUSTRALIA is facing challenging times. Household debt levels are a record high and still rising, and inflation is running at the top of the Reserve Bank’s target range.Yet, interest rates are at historic lows with no increase insight.

It’s all a hangover from the global financial crisis. In away, theG FC was as much an economic catastrophe as World War II was – the main difference is the building boom that followed the end of hostilities in1945. Now, there are no buildings to repair, just…

Download Full Article
This entry was posted in . Bookmark the permalink.
Loading Facebook Comments ...