After economist Steve Keen’s recent bold predictions, the economics establishment is lining up to let him know they think he’s wrong, writes Michael Pascoe.
Housing
Oz housing market remains resilient
Contrary to popular opinion, the Australian housing industry is alive and doing sort of OK, writes Glenn Dyer.
US wrap: Shareholders hurting, inflation up, houses down
Think economic news from the US, think bad news. If the news from the last few days is any guide, that isn’t about to change. By Glenn Dyer.
Housing finance figures show an industry in freefall
Figures on housing finance from the ABS today suggest the housing industry is nearing the bottom, writes Glenn Dyer.
Briefly Business: Global economics wrap
EU inflation on the rise … UK plunge continues … UK housing woes hit the banks … Unilever profits head south.
US commerical banking sector insolvent. Worse news to come
The flood of bad news flowing out of the US continues apace, as Glenn Dyer reports on the problems besetting the housing and commercial banking sectors.
Briefly Business: Houses, vegetables, airplanes
BIS Shrapnel wrong on housing … Reconsidering BNB’s executive pay … A note on ABC Learning … Mining boom beginning to moderate? … Food … Qantas vs Virgin.
Building approvals back in the black, finally
After a big fall in March, building approvals have bounced back into the black for April, writes Glenn Dyer.
US housing markets brace for more bad news, more pain
More painful news for American housing markets is to be expected this week as new data is to show yet another slump in prices in the 20 major metro markets across the US, writes Glenn Dyer.
Kevin Rudd looks for shelter
Kevin Rudd has released the Government’s first Green Paper, on a subject close to his heart – homelessness. Bernard Keane reports.
US house prices in freefall, no bottom in sight
That great sucking sound you may be hearing is the sound of the US economy and Wall Street tumbling further into the black hole known as the housing slump, writes Glenn Dyer.
Doom and gloom: US housing and banking crises get even scarier
The spectre of a bank failure has returned to US financial markets, as the US housing market gets even scarier, writes Glenn Dyer.
