House Prices, Economy, Job Ads, Skills Shortages to come....
Sep 8th 2009, 10:39 am
#1
Lifestyle Development
Thread Starter
Joined: May 2007
Location: Budapest, Melbourne, Yarrawonga & Antalya
Posts: 353
House Prices, Economy, Job Ads, Skills Shortages to come....
Managing the risks. As expectations of an interest rate rise as soon as next month build, Jonathan Reeves says the future of Australian house prices remains unpredictable. "The relatively short period of Australian housing price index data from the mid 1980s is not sufficient to make a reliable inference on the relationship between Australian house prices and fundamental factors such as interest rates, population growth and changing incomes.
THE positive signs for the Australian economy are strengthening, after business confidence soared to a six-year high, while both the stockmarket and Australian dollar came close to setting 12-month records. A surprising bounce in the NAB monthly business survey showed business conditions in August rose to the highest point since 2003, after confidence increased in almost all of the survey categories.
The number of job advertisements rose for the first time since April 2008, the latest sign that the Australian economy is emerging from its shallow downturn - but adding to the prospect that interest rates will soon rise. The total number of jobs advertised increased 4.1 per cent in August to an average of 130,326 a week, according to the ANZ Bank's monthly survey.
Jobs survive but skills take a hit The good news is that unemployment is not expected to reach the official forecast of 8.5 per cent in this downturn. The bad news is that because employers are not spending on training, there will be shortages of skilled people as soon as the economy improves.
THE positive signs for the Australian economy are strengthening, after business confidence soared to a six-year high, while both the stockmarket and Australian dollar came close to setting 12-month records. A surprising bounce in the NAB monthly business survey showed business conditions in August rose to the highest point since 2003, after confidence increased in almost all of the survey categories.
The number of job advertisements rose for the first time since April 2008, the latest sign that the Australian economy is emerging from its shallow downturn - but adding to the prospect that interest rates will soon rise. The total number of jobs advertised increased 4.1 per cent in August to an average of 130,326 a week, according to the ANZ Bank's monthly survey.
Jobs survive but skills take a hit The good news is that unemployment is not expected to reach the official forecast of 8.5 per cent in this downturn. The bad news is that because employers are not spending on training, there will be shortages of skilled people as soon as the economy improves.
Sep 8th 2009, 11:36 am
#2
Guest
Posts: n/a
Re: House Prices, Economy, Job Ads, Skills Shortages to come....
Sep 8th 2009, 12:48 pm
#5
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Sep 8th 2009, 12:54 pm
#6
Peace Frog
Joined: Jul 2009
Location: South London orginally from Manchester
Posts: 175
Sep 8th 2009, 6:57 pm
#8
Joined: Jan 2005
Location: Asia Pacific
Posts: 4,922
Re: House Prices, Economy, Job Ads, Skills Shortages to come....
Managing the risks. As expectations of an interest rate rise as soon as next month build, Jonathan Reeves says the future of Australian house prices remains unpredictable. "The relatively short period of Australian housing price index data from the mid 1980s is not sufficient to make a reliable inference on the relationship between Australian house prices and fundamental factors such as interest rates, population growth and changing incomes.
THE positive signs for the Australian economy are strengthening, after business confidence soared to a six-year high, while both the stockmarket and Australian dollar came close to setting 12-month records. A surprising bounce in the NAB monthly business survey showed business conditions in August rose to the highest point since 2003, after confidence increased in almost all of the survey categories.
The number of job advertisements rose for the first time since April 2008, the latest sign that the Australian economy is emerging from its shallow downturn - but adding to the prospect that interest rates will soon rise. The total number of jobs advertised increased 4.1 per cent in August to an average of 130,326 a week, according to the ANZ Bank's monthly survey.
Jobs survive but skills take a hit The good news is that unemployment is not expected to reach the official forecast of 8.5 per cent in this downturn. The bad news is that because employers are not spending on training, there will be shortages of skilled people as soon as the economy improves.
THE positive signs for the Australian economy are strengthening, after business confidence soared to a six-year high, while both the stockmarket and Australian dollar came close to setting 12-month records. A surprising bounce in the NAB monthly business survey showed business conditions in August rose to the highest point since 2003, after confidence increased in almost all of the survey categories.
The number of job advertisements rose for the first time since April 2008, the latest sign that the Australian economy is emerging from its shallow downturn - but adding to the prospect that interest rates will soon rise. The total number of jobs advertised increased 4.1 per cent in August to an average of 130,326 a week, according to the ANZ Bank's monthly survey.
Jobs survive but skills take a hit The good news is that unemployment is not expected to reach the official forecast of 8.5 per cent in this downturn. The bad news is that because employers are not spending on training, there will be shortages of skilled people as soon as the economy improves.
Sep 8th 2009, 10:30 pm
#9
BE Forum Addict
Joined: Jul 2008
Location: Westernport Mornington Peninsula
Posts: 1,761
Re: House Prices, Economy, Job Ads, Skills Shortages to come....
We are heading over next year too and very happy about the exchange rate.
Sep 9th 2009, 12:20 am
#10
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Sep 9th 2009, 10:42 am
#12
Peace Frog
Joined: Jul 2009
Location: South London orginally from Manchester
Posts: 175
Sep 9th 2009, 12:36 pm
#13
Lost in BE Cyberspace
Joined: Jan 2009
Location: Brisbane
Posts: 20,821
Re: House Prices, Economy, Job Ads, Skills Shortages to come....
Make the most of it...You'll be totally amazed at how cheap the UK/Europe is!!! Cheap houses, beer, petrol (ok not petrol), restaurants etc...
Please report this back to all the poms in Oz when you get back from holiday, I want one of their jobs when they move back to the UK, 'cause it's sooooo cheap!
Last edited by Alfresco; Sep 9th 2009 at 12:40 pm.
Sep 10th 2009, 1:35 pm
#14
BE Enthusiast
Joined: Apr 2008
Posts: 591
Re: House Prices, Economy, Job Ads, Skills Shortages to come....
Make the most of it...You'll be totally amazed at how cheap the UK/Europe is!!! Cheap houses, beer, petrol (ok not petrol), restaurants etc...
Please report this back to all the poms in Oz when you get back from holiday, I want one of their jobs when they move back to the UK, 'cause it's sooooo cheap!
How strange to hear people say that UK is cheap...
Really?
