Metricon is the country’s largest residential home builder, and credits itself as ‘”Australia’s most trusted choice”. According to an ABC report, Metricon has terminated dozens of fixed-price contracts and asked customers to sign new contracts for substantially more. The major homebuilder has also stopped paying some agents’ commission fees, without explanation. Metricon is the only builder to appear on the NSW watchdog’s complaints register this year.
Worth underscoring its important to read the small print in construction contracts, at a time when building failures are rising, thanks to the profitless boom created by poor policy and low interest rates.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
This is an edited version of my latest live stream which was an important live discussion with Robbie Barwick from the Australian Citizens Party as we discuss the upcoming censorship bill relating to Social Media, the attempts by Banks to strangle communities and abolish cash, and the risks emerging from Central Bank Digital Currencies and other measures designed to remove hard earned societal freedoms. And we may also stray into international politics and global agendas too!
Go to the Walk The World Universe at https://walktheworld.com.au/
My latest Friday afternoon chat with Journalist Tarric Brooker goes deep into the economic substructure of the economy, where we see people pulling in two directions at the same time – Burnout Economics!
Australian employment surpassed expectations in June and the jobless rate held at a lower revised rate, underlining the labor market’s resilience to rapid interest-rate increases.
The jobless rate remained at 3.5%, having hovered in a range of 3.4%-3.7% since June last year, Australian Bureau of Statistics data showed Thursday. The economy added 32,600 roles from a month prior, more than double estimates, and employment has now risen in nine out of the past 12 months.
The data increases pressure on the Reserve Bank to resume raising rates, with money market bets implying a better-than 50% chance of a hike to 4.35% at its Aug. 1 meeting. The Australian dollar extended earlier gains, rising to 68.25 US cents. Three-year bond yields jumped 12 basis points, heading for their largest one-day increase since July 7.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.
Buying property, is both challenging and adversarial. The vendor has a professional on their side.
Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.
Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.
Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
More bad news for high-rise construction, with defects on the rise and some not being fixed, leaving owners with massive potential bills, and overall uncertainty.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.
Buying property, is both challenging and adversarial. The vendor has a professional on their side.
Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.
Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.
Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
I go down the rabbit hole with George to discuss inflation, what really caused it and what needs to be done to fix it. We cover the role of central banks, global non-elected non-government entities, and cbdc.
As always these chats will question some underlying assumptions and some will find that disturbing…
Thanks to George for the edit.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Our latest Friday afternoon chat with Journalist Tarric Brooker, as the US 2-year bond breaks above 5%.
How will inflation play out, what will the impact on home prices be, and have politicians got our interests at heart? Find out as we discuss more charts and viewer questions.
An important discussion about Banking Culture with Citizens Party Research Director Robbie Barwick. Despite the progress from the Senate Inquiry into branch closures, some banks (we name them) are doing the wrong thing.
Why? Because they can and because they have powerful political influence (for now).
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
