Things turning nasty:
https://www.bloomberg.com/news/arti...-worst-ever-meltdown-as-bull-market-shows-age
And back home, housing approvals down 24% the last 12 months. Combine that with growing unemployment from manufacturing and mining then the loss of jobs coming in the building industry will spell big issues for all of us.
Ha haaaarr, but we have Turnbull's "jobs and Growth x 100" and allowing tax breaks to the wealthy, so where's the problem Ralf
Like the workers friends the Green/Labor left socialists coalition killing of jobs at Hazalwood and business leaving South Australia due to lack of continuity of power.
The good old working friends in the unions have slowing killed our manufacturing over the past 60 years.....Made it too expensive to make anything here so the good old unions forced the manufacturing jobs off shore.....So don't complain about the loss of jobs.
The mining industry is governed by commodity prices and would you believe the price of coal is rising which means more jobs...Now ain't that good news?
Is it any wonder building approvals are down when the CFMEU helped to add 30% more cost to build.....The good old unions, the friends of the workers, have made housing affordable.
There is the problem my friend.