Is Australia officially in a Recession
#152
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Is Australia officially in a Recession
No, thats what us on planet Earth call realism.
#153
Banned
Joined: Sep 2012
Location: UK now, Australia in 2014
Posts: 1,000
Re: Is Australia officially in a Recession
#154
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Is Australia officially in a Recession
Yes, absolutely
#155
Just Joined
Joined: Sep 2012
Posts: 13
Re: Is Australia officially in a Recession
Well they do a lot to cover up things here in Australia and I suspect the banks are on the front row to do so because they are aerning a lot of money with th A$ on a high level. The rest of the country will suffer in the future from it because products from Australia are much to expensive to export overseas.
Also, the figures on the site of the ABS are not correct if you just make some calculations yourself and the unemployment rate going down doesn't cope with this article about the number of vacancies. I'm not an economist but I know some things about economics and this doesn't just make sense.
http://au.finance.yahoo.com/news/job...003309235.html
for more than half a year the vacancies are decreasing and the unemployment rate does so, that can't be true. I think Oz is trying to cover up to prevent from the bubble to burts, but it will happen anyway, they just are delaying it
Also, the figures on the site of the ABS are not correct if you just make some calculations yourself and the unemployment rate going down doesn't cope with this article about the number of vacancies. I'm not an economist but I know some things about economics and this doesn't just make sense.
http://au.finance.yahoo.com/news/job...003309235.html
for more than half a year the vacancies are decreasing and the unemployment rate does so, that can't be true. I think Oz is trying to cover up to prevent from the bubble to burts, but it will happen anyway, they just are delaying it
#156
Banned
Joined: Sep 2012
Location: UK now, Australia in 2014
Posts: 1,000
Re: Is Australia officially in a Recession
Well they do a lot to cover up things here in Australia and I suspect the banks are on the front row to do so because they are aerning a lot of money with th A$ on a high level. The rest of the country will suffer in the future from it because products from Australia are much to expensive to export overseas.
Also, the figures on the site of the ABS are not correct if you just make some calculations yourself and the unemployment rate going down doesn't cope with this article about the number of vacancies. I'm not an economist but I know some things about economics and this doesn't just make sense.
http://au.finance.yahoo.com/news/job...003309235.html
for more than half a year the vacancies are decreasing and the unemployment rate does so, that can't be true. I think Oz is trying to cover up to prevent from the bubble to burts, but it will happen anyway, they just are delaying it
Also, the figures on the site of the ABS are not correct if you just make some calculations yourself and the unemployment rate going down doesn't cope with this article about the number of vacancies. I'm not an economist but I know some things about economics and this doesn't just make sense.
http://au.finance.yahoo.com/news/job...003309235.html
for more than half a year the vacancies are decreasing and the unemployment rate does so, that can't be true. I think Oz is trying to cover up to prevent from the bubble to burts, but it will happen anyway, they just are delaying it
It looks like unemployment might rise to 5.3% up by 2% you would think they would just keep it down instead of putting it up if they can put it where they want as some would have us believe. All these cover up claims with no proof seem pointless opinions to me, I don't believe figures from any country in regards to unemployment and growth, but the official figures are all we can go by, take them with a pinch of salt, we do in the UK, its a sick joke, but Australia has had 21 years of economic growth, the last few whilst most countries in the world are in recession, or close to it, which is incredible.
#159
Lost in BE Cyberspace
Joined: Oct 2008
Location: Perth
Posts: 6,765
Re: Is Australia officially in a Recession
#160
Lost in BE Cyberspace
Joined: Oct 2008
Location: Perth
Posts: 6,765
Re: Is Australia officially in a Recession
It looks like unemployment might rise to 5.3% up by 2% you would think they would just keep it down instead of putting it up if they can put it where they want as some would have us believe. All these cover up claims with no proof seem pointless opinions to me, I don't believe figures from any country in regards to unemployment and growth, but the official figures are all we can go by, take them with a pinch of salt, we do in the UK, its a sick joke, but Australia has had 21 years of economic growth, the last few whilst most countries in the world are in recession, or close to it, which is incredible.
#161
Re: Is Australia officially in a Recession
how much is iron ore and coal today compared to 5 years ago?
#162
Re: Is Australia officially in a Recession
Iron-ore:
October 2007 - USD36.63/t
October 2012 - USD117.00/t
http://www.indexmundi.com/commoditie...-ore&months=60
October 2007 - USD36.63/t
October 2012 - USD117.00/t
http://www.indexmundi.com/commoditie...-ore&months=60
#163
Re: Is Australia officially in a Recession
Iron-ore:
October 2007 - USD36.63/t
October 2012 - USD117.00/t
http://www.indexmundi.com/commoditie...-ore&months=60
October 2007 - USD36.63/t
October 2012 - USD117.00/t
http://www.indexmundi.com/commoditie...-ore&months=60
#164
Re: Is Australia officially in a Recession
m.theaustralian.com.au/news/nation/australians-top-world-wealth-league/story-e6frg6nf-1226493157082
#165
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Is Australia officially in a Recession
Wealth per adult was, on average, $355,000 I bet our friends are wishing they were more average