Do You Remember Back Then … ?

5 May, 2009 by Leave a Comment

In an earlier article, I gave you a bullet-point comparison of how things are NOW … compared to the early 1990s … in relation to Commercial property.

Anyway, here are some very revealing graphs — based upon figures from the RBA.

Now & Then

Now & Then


Back in the 1990s, the banks were burdened with a heavy corporate exposure; and interest rates were up around 18% pa.
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Filed Under: Economic Issues, Global Scene, Interest Rates, Property Cycles, Retail Sector Tagged With: , , , , , , , , , , , , ,

How to Interpret the Conflicting Signals

16 April, 2009 by Leave a Comment

Over the past weeks, I’ve posted several articles suggesting things are starting to improve — and more particularly, here in Victoria.

Upward Trend

Upward Trend


Since the low point on 6 March, the Australian stock market has enjoyed roughly a 20% improvement. And that has also been reflected on Wall Street.

However, we then received the recent announcement of unemployment reaching 5.7% for March — the worst for 5 years.

On the one hand, the Bulls are claiming the stock market is now confirming a turnaround. And on the other, the Bears are using the rise in unemployment to support their case as to how bad things are.

Surely, these two indicators can’t both be right?
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Filed Under: Economic Issues, Global Scene Tagged With: , , , , , , , , ,