Twitter | Real Income Is In Negative Growth

<blockquote class=”twitter-tweet” data-lang=”en”><p lang=”en” dir=”ltr”>Even with the Oz Population Ponzi, real total employee income growth has turned negative. This has only occurred during economic downturns. <a href=”https://t.co/eAvdJBNDmQ”>pic.twitter.com/eAvdJBNDmQ</a></p>&mdash; Philip Soos (@PhilipSoos) <a href=”https://twitter.com/PhilipSoos/status/905780889032040448″>September 7, 2017</a></blockquote>
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Tax Office reveals size of underpayment of super for the first time

There is a $2.85 billion-a-year shortfall in what employers should be paying their employees in super.For the first time, the Tax Office has estimated the shortfall by comparing what employers should be paying with how much actually ends up in the super funds of their employees.

Source: Tax Office reveals size of underpayment of super for the first time

labour market aigist

Labour Market For August | Hours Worked Fall Again Only Part Time Jobs Created

Labour Market Hours Worked Are The Key Number for Property Investors

Labour Market figures show hours worked are down and wages rises not keeping pace with inflation. Property investors need to take notice of these numbers as they show the importance of have blue chip long term tenants.

Unemployment eases to 5.6 per cent, but full-time jobs lost – ABC News (Australian Broadcasting Corporation)

Key points:

Unemployment falls to 5.6pc in July after June figure revised up to 5.7pc
27,900 jobs were added to the economy last month: an increase of 48,200 in part-time, a fall of 20,300 full-time jobs
The proportion of the population in employment is the highest since April 2013 Via abc.net.au

 

labour market 2017

Labour Market Statistics by state

Shares Vs Property | What Have You Got To Worry About? | Hint One List Is Longer Than The Other

What Me Worry? Shares Vs Property

Shares Vs Property your financial planner will talk about the long term performance of shares. Of course because they don’t make anywhere near as much money selling you investment property. Here’s the graph of the last twelve months in the Australian share market.

Shares Vs Property

Look at all the things to worry about!

  • Cyclones
  • Oil Prices
  • BREXIT
  • Donald Trump
  • Iron Ore Prices

With a MAcH 10 long term leased property you know what you have to worry about?

How Many People Live In Poverty In Australia ?

Poverty In Australia Is Getting Worse!

Poverty in Australia is getting out of hand. According to the New Daily Australian’s have $1.320 a year less to spend per family since December 2016. According to Alan Austin that is a drop of $20.4BILLION in the last six months. The less money in the economy the more poverty in Australia.

What does that mean for the average property investor ? Lots!!!

ACOSS poverty in australia report 2016