The Australian economy and profits – seven reasons to be upbeat

In an Oliver’s Insight, Dr. Shane Oliver, chief economist of AMP Capital, gives an insight into Australia’s economic state, assuring Aussies to remain optimistic.  Here’s what he had to say: For the last few years we have heard constant predictions of a recession in Australia as the mining boom turned to bust and a housing bust was seen to follow. …

property china market

Chinese Property Investors Shift Their Focus From Australia To The UK

A growing number of Chinese property investors are switching their focus from Australia to other markets, particularly the United Kingdom. Foreign interest in Aussie property is drying up because regulators have increased pressures on banks to curb foreign lending amid fears of a bubble. Last month, the Reserve Bank of Australia (RBA) warned that residential…

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