Originally Posted by Amazulu (Post 12397079)

Macro v micro

Either is relevant or irrelevant depending on circumstances

"From where I stand" says it all. It's definitely not all good in the east

Parts of the economy are doing well (which is always the case whatever the overall outlook) but generally is struggling. This is not my opinion - have a look at the GDP growth figures for the last few years. National wage growth is muted because of this (supply/demand equation). This will change going forward - super cycle is still in play and Australia will benefit from this

Originally Posted by the troubadour (Post 12398183)

Wage growth being suppressed by record population growth in the main, with near record levels in immigration.


No secrets as to why slow economic growth. There isn't the money to spend.

Originally Posted by the troubadour (Post 12398179)

Word on the street has it that he has returned to sit his Diploma in Clowning at the local TAFE.


I'm sure he's fine. Soon back with a new set of ideological side splitting jokes, to be fair the old ones were becoming a 'little routine and predictable',
I await with baited breath the results or will it be the next level up, before results become apparent?

Originally Posted by Amazulu (Post 12398198)

Don't worry Hermie, I'm back - and back with a vengeance to call out the bullshit and crud that you write - basically every post

You missed me really

Originally Posted by Amazulu (Post 12398196)

Wage rises are low because the supply/demand equation for labour is currently in favour of the supply side

Anything else is mumbo jumbo and white noise