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Australia’s State Accounts – Slowing or Rebalancing? | Pete Wargent

Rebalancing or Slowing Economy? On Friday the ABS released its 2013-14 State Accounts data which revealed two states exceeding the National GDP growth rate of 2.5 percent, those being the mining states of Western Australia (WA) and the Northern Territory (NT) which recorded Gross State Product (GSP) of 5.5 percent and 6.5 percent respectively. The…

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Could Sydney’s median house price really achieve $1 million? | Pete Wargent

Could Sydney’s median house price really reach $1 million ?  There been a number of rebuttable presumptions concerning this property cycle, particularly through the course of 2014, including: Investor demand having been pulled forward, prospective buyers would fairly quickly “run out of money” and the real estate market would switch into reverse; and Yields would…

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G20 or G20th century? Our leaders blind to the next wave of disruption

By Mark Triffitt, University of Melbourne  As world leaders gather in Brisbane this month to tackle an increasingly fractious global economy, let’s cast our mind back exactly one hundred years. In 1914, the world was about to plunge into a period of unprecedented disruption. The disruption, global and bloody, saw old empires torn asunder by forces outside…

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