connaust Posted September 8, 2009 Share Posted September 8, 2009 Managing the risks. As expectations of an interest rate rise as soon as next month build, Jonathan Reeves says the future of Australian house prices remains unpredictable. "The relatively short period of Australian housing price index data from the mid 1980s is not sufficient to make a reliable inference on the relationship between Australian house prices and fundamental factors such as interest rates, population growth and changing incomes. Jobs survive but skills take a hit The good news is that unemployment is not expected to reach the official forecast of 8.5 per cent in this downturn. The bad news is that because employers are not spending on training, there will be shortages of skilled people as soon as the economy improves. Link to comment Share on other sites More sharing options...
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