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Foxbats new prediction; House prices and all assets to come under pressure
Topic Started: 25 Nov 2015, 06:17 PM (59,366 Views)
Foxy
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Zero is coming...

Matthew
3 Apr 2016, 01:28 PM
That link it 4 months old dipshit
I wonder how they are going 4 months on.??

So good to have you back, if i ever have self doubt i can think of you. :D

As i say, every village needs its idiot, and you are the best...

Just don't do anything stupid
http://www.realestate.com.au/buy/in-moranbah%2c+qld+4744/list-3?activeSort=price-asc
http://www.abc.net.au/news/2016-01-03/kim-hames-confirms-job-cuts-in-health/7065076
http://www.theaustralian.com.au/business/mining-energy/mine-job-losses-cap-horror-week/news-story/3fd31545c7ce6621cc3563d3de501380
only another 50,000 to go??/

http://www.smh.com.au/business/mining-and-resources/more-than-2000-mining-jobs-cut-in-2016-20160305-gnbn39.html
https://au.news.yahoo.com/thewest/wa/a/30986572/hundreds-more-local-jobs-to-go-at-rio-tinto/
https://au.news.yahoo.com/thewest/wa/a/30918420/south32-axes-390-jobs-at-worsley/
http://www.yourmortgage.com.au/article/job-cuts-on-the-way-time-to-be-prepared-117261.aspx
http://www.perthnow.com.au/news/western-australia/rio-tinto-to-cut-170-jobs-in-pilbara-union/news-story/6ef6320b94019831fc31ce561944413c
http://www.businessinsider.com.au/job-cuts-are-accelerating-at-the-gorgon-gas-project-in-western-australia-2015-12
https://www.wsws.org/en/articles/2016/02/12/jobs-f12.html
http://www.perthnow.com.au/news/western-australia/resources-workers-bear-the-brunt-of-downturn-in-mining-construction/news-story/bbd7f39aa1af9a262ddd765876830e8d
http://www.theguardian.com/business/2016/feb/04/substantial-australian-job-losses-planned-at-bhp-mining-spin-off-south32
http://www.climatemediacentre.org.au/calls-for-federal-government-to-stem-job-losses/
http://www.sbs.com.au/news/thefeed/article/2015/04/09/lost-miners-tragic-toll-fifo-work
http://thegoodoil.org/?p=16106
http://www.miningweekly.com/article/wa-oil-and-gas-job-losses-loom-woodside-confirms-cuts-2015-03-25
http://www.useyourpower.com.au/media-releases/jobs-at-risk-as-western-power-prepares-for-privatisation-25
Edited by Foxy, 3 Apr 2016, 02:57 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Foxy
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Zero is coming...

Tick tock boys and girls


http://www.abc.net.au/news/2016-04-04/apra-report-warned-lax-lending-could-lead-to-banking-crisis/7296956
Edited by Foxy, 7 Apr 2016, 11:40 AM.
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Foxy
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Zero is coming...

Is there anyone out there.


Peter

https://www.youtube.com/watch?v=JlcHMI0cC00&feature=youtu.be&t=6m39s


It comes as resources companies prepare to cut hundreds more jobs in Western Australia following the release of their financial results last month.
It now takes an average of three months to sell a house in Perth, with vendors discounting properties by an average of 6.9 per cent amid high volumes.

The number of residential properties on the market has risen 0.7 per cent in the past month and 4.6 per cent in the past year, with almost 25,000 homes now on the market, SQM Research figures show.

Asking prices for Perth houses have fallen almost five per cent in the past year, SQM says.


But Foxbat, how did you know???

Thanks for telling me, i have sold, sold sold...
Tick tock boys and girls...

Some employees in the private sector were taking pay cuts of up to 20 to 30 per cent, he said.
Edited by Foxy, 10 Apr 2016, 11:29 AM.
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Foxy
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Zero is coming...

what about rent cuts???

Cut, cut, cut...

Compression, compression, comppppppppression

Crunch, crunch, crunch.


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herbie
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FFS Musty, how come it's always you that keeps resurrecting your own threads/thoughts?
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Foxy
Member Avatar
Zero is coming...

But how did Foxbat know??

http://www.abc.net.au/news/2016-04-07/rents-fall-for-the-first-time-in-two-decades/7307222
foxbat
11 Apr 2016, 12:47 AM
first time in 2 decades

and winners are grinners


http://thenewdaily.com.au/money/2016/04/05/landlords-notice-rents-roll/
http://www.yourinvestmentpropertymag.com.au/news/rental-market-hit-by-first-annual-fall-on-record-214198.aspx

Just a bit of a cut :D :D :D
Edited by Foxy, 11 Apr 2016, 12:56 AM.
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herbie
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foxbat
11 Apr 2016, 12:47 AM
Musty, ya startin' ta look a bit unwell here dude?
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Foxy
Member Avatar
Zero is coming...

herbie
11 Apr 2016, 01:42 AM
Musty, ya startin' ta look a bit unwell here dude?
Hi Herb,
I am so happy to see you care.
Peter
Keep well.
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Foxy
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Zero is coming...

http://www.bloomberg.com/gadfly/articles/2016-04-11/australia-s-housing-market-cracks
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hidflect
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Heard an unconfirmed rumour that State and Local Govt. have put a hiring freeze in place statewide for the foreseeable future. I'm sure Colin Burnout is eager to keep this move as shady as possible but the Piper is owed $39Billion and he doesn't take checks.

AFR - WA debt spirals towards unprecedented $39b
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