We were reading comments yesterday how if interest rates are not cut soon then we would see a 'humanitarian crisis' with people losing their homes.
Fact is, we may see rate increases in the coming months given the current environment and a healthy reset in the property market, ensuring that young people can live the Australian dream.
Many young people we have spoken to are planning to leave Australia as there is no hope for them here.
#rba #auspol #ausbiz
@historyinmemes for those interested the geotechnical engineering behind the design and construction of the reclamation is detailed here. https://t.co/G9y8eIQMqm
Settlements of 18 metres were predicted after 50 years.
Hard to capture the volume of water on video but walking in I could feel the ground shaking amidst a deafening roar. An unprecedented 6ft of rain fell on the catchment over the past few days. #cairnsflood
2nd #TidyTuesday we can see the variable importance in the dataset using a generalised linear model. Dollars in emails (in this dataset) increase the likelihood of it being spam!
Adjusted for inflation, Australian wages are now at their lowest level since December 2009. They are down 2.3% over the past year and by 7.3% from their peak.
More than a decade of hard-won wage gains - our blood, sweat and tears - gone over a couple of years #ausbiz#auspol
@DavidZipper @timchapman_ Great thread. Also include consideration to the impact on other infrastructure, not just the asphalt. https://t.co/bWhIYmdsna
Yep.
"By dramatically reducing the number of ship tracks, the planet has warmed up faster, several new studies have found...In the [Atlantic] shipping corridors, the increased light represents a 50% boost to the warming effect of human carbon emissions."
https://t.co/dqZTfgC7pC