Job creation is a poor metric from which to judge the economy.
It should be judged on the total amount of goods and services being produced, distributed and consumed.
If you judge based on job creation, you would have to say that the USA’s agricultural sector has not grown in 200 years.
Because today there is pretty much the same number of people employed on farms as there was in 1819 when 80% of the population worked on farms.
But today less than 1% of the USA work on farms but they feed a population almost 100 times the size they used to.
Means it’s probally the best time for buying.Talking to a solar salesman the other day filling in time waiting for the wife at local shopping centre (deep south.....Mandurah) 40 years of selling he said worst he has ever seen by far.
Means it’s probally the best time for buying.
But I guess it depends what you are selling. Disney movie studios for example is breaking records, Fortescue Iron ore is killing it etc etc, so my portfolio is doing well.
$120 iron ore pricing certainly has given the local producers a boost but i do note small head and shoulder patterns starting to form in their stock prices.
I watch profits and dividends rolling in, not charts.
Opposite here. Guys are flat out. Was talking to him on Monday.Talking to a solar salesman the other day filling in time waiting for the wife at local shopping centre (deep south.....Mandurah) 40 years of selling he said worst he has ever seen by far.
I really would have loved to have seen the carnage, if the negative gearing changes had come in, or are you saying it would have been better?Of course the fact that negative gearing won't change should have fixed this issue, right Scott ?
I really would have loved to have seen the carnage, if the negative gearing changes had come in, or are you saying it would have been better?
Obviously most of the voting public didn't agree.I doubt if it would have made much difference (as the Treasury said), except the government would be $8 billion a year better off.
Obviously most of the voting public didn't agree.
Also all the property reports, since the election, mention the improved sentiment since the policy was removed.
The public are dumb, but regardless, you can have your sentiment, figures are figures and with the latest core logic report with Perth down over 20% from peak in 2014, sentiment makes no f---king difference.Obviously most of the voting public didn't agree.
Also all the property reports, since the election, mention the improved sentiment since the policy was removed.
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