Why Australia urgently needs a Royal Commission or Commission of Inquiry into the banking and financial sector.
Australia’s household sector debts are enormous but still continue to rise.
With a negative carry, the bear case for Australian housing is not as drastic as it first seems.
A leading mainstream economist questions the benefit to society of the ever-growing banking and financial sector.
Phillip J. Anderson is an Australian economist, specialising in long-term economic and financial cycles, trends and forecasts.
Australia has experienced an astounding rise in housing prices over the last two decades which has rendered it one of the world’s most unaffordable.
Based on long-term income statistics, living standards for Australian households are going backwards.
It is well known the yield curve is an accurate predictor of recession and financial instability.
In 2013, Credit Suisse presented some interesting research regarding the issue of household sector savings.
LF Economics’ review of the book entitled Game of Mates: How Favours Bleed the Nation by economists Cameron K. Murray and Paul Frijters.
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