Aussie economy in good shape !

  1. aka-dj profile image76
    aka-djposted 8 years ago

    The news is pretty good. Economic indicators were much better than forecasted. There was a .6% growth in the economy in the june qtr. There is talk of interest rates rising soon.
    I did say that we would weather the storm better than most other countries.
    Take that, you naysayers. lol

    1. awsydney profile image61
      awsydneyposted 8 years ago in reply to this

      .

      Agreed! And Aussie banks are making gazillions $$ unlike the US which may or may not be good for us and interest rates anticipated to rise sad I have a few mortgages but thankfully rentals are strong and sufficient to cover. It's not too difficult finding positively geared properties these days!

 
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