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NZ’s interest rate pin precariously close to Australia’s property bubble

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.
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  • Housing
  • Financial Crisis

To avert a crushing economic depression, restructure the debt!

Australia urgently needs a moratorium on foreclosures of family homes and farms, and a program to restructure unpayable household and bank debt.
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  • National Banking
  • Economy / Trade
  • Financial Crisis
  • Banking / Finance

The financial crisis driving the cash ban and bail-in has already started!

The global market meltdown currently under way is being blamed on coronavirus, but fear of a pandemic is just the trigger, not the cause.
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  • Financial Crisis
  • Cash Ban