Mortgage stress now grips 42 per cent of Australian households, according to a UNSW City Futures Research Centre survey. This is a sharp increase from 30 per cent in February 2020.
The Reserve Bank of Australia won’t admit they are contemplating a mega-crash, but that’s what it means when they publicly announce they have the option of Quantitative Easing (QE)—money-printing.
If the Australian government’s latest anti-terror bill passes, sometime in the not-too-distant future you could find yourself unwittingly relaying a trail of personal information and your day-to-day activities to Australia’s security agencies.