Is Australia officially in a Recession

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Oct 10th 2012, 10:57 am

#166

chris955

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by the troubadour

Except don't agree that the media here has been talking down the market,at least not until recently...and with good reason. If anything the opposite has been the case....

I absolutely agree with that, the media if anything talk it up.

Oct 10th 2012, 11:33 am

#167

commonwealth

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Re: Is Australia officially in a Recession

doh - - - the media is more gloom than boom.

Oct 10th 2012, 12:41 pm

#168

Amazulu

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by chris955

Wealth per adult was, on average, $355,000

I bet our friends are wishing they were more average

Be all that you can be

Oct 10th 2012, 4:32 pm

#169

Pit Bull.

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by the troubadour

There is rather a lot of evidence that a downturn is looming. The reduction in the price of ores are of great concern. Just to what degree will things slide is debatabe....21 years is indeed a long time.....but as they say nothing lasts forever....at the same time far from all doom either...

I agree there is some evidence of forthcoming economic problems, but the predicted 3% growth seems to be snubbing its nose at these so called negative predictions, maybe the predictions might be wrong.

Oct 10th 2012, 7:04 pm

#170

chris955

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Re: Is Australia officially in a Recession

I agree, i think the predicted 3% is wildly optimistic.

Oct 10th 2012, 7:08 pm

#171

Pit Bull.

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by chris955

I agree, i think the predicted 3% is wildly optimistic.

One of your many negative predictions about Australia might come true, I'm wildly optimistic that might eventually happen.

Oct 10th 2012, 7:14 pm

#172

chris955

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Re: Is Australia officially in a Recession

Yes, absolutely

Oct 10th 2012, 7:41 pm

#173

commonwealth

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Re: Is Australia officially in a Recession

let them salivate in envy.

Last edited by commonwealth; Oct 10th 2012 at 7:48 pm.

Oct 10th 2012, 7:42 pm

#174

Pit Bull.

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by chris955

Yes, absolutely

I was pulling yer leg.

Oct 11th 2012, 1:59 am

#175

go4it

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Re: Is Australia officially in a Recession

Well here it is guys;

http://www.abs.gov.au/ausstats/[email protected]%202012

Oct 11th 2012, 2:01 am

#176

Zen10

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by go4it

Well here it is guys;

http://www.abs.gov.au/ausstats/[email protected]%202012

I expected this (think there's a post on it somewhere) and I expect it to continue climbing, and the rates to continue falling, over the next few years.

Oct 11th 2012, 2:11 am

#177

commonwealth

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Re: Is Australia officially in a Recession

its up because participation rate is up

Oct 11th 2012, 7:53 am

#178

chris955

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by go4it

Well here it is guys;

http://www.abs.gov.au/ausstats/[email protected]%202012

With all the recent lay offs across the board this was to be expected and will be just the start as the public service redundancies wont even be included also the private sector redundancies wont be included yet.

Oct 11th 2012, 8:21 am

#179

Pit Bull.

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Re: Is Australia officially in a Recession

Quote:

Originally Posted by go4it

Well here it is guys;

http://www.abs.gov.au/ausstats/[email protected]%202012

Cheers for that, so much for the conspiracy theories that they are falsely keeping the figures low.

Oct 11th 2012, 8:25 am

#180

chris955

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Re: Is Australia officially in a Recession

Even they couldnt keep them so unbelievably low forever but believe what makes you happy. You did actually believe they did it in both countries, dont you believe that anymore ? <snip>

Last edited by moneypenny20; Oct 11th 2012 at 9:02 am. Reason: Relevance?