{"id":14626,"date":"2016-12-07T21:17:52","date_gmt":"2016-12-08T02:17:52","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=14626"},"modified":"2016-12-07T21:17:52","modified_gmt":"2016-12-08T02:17:52","slug":"australia-say-goodbye-to-growth","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/12\/07\/australia-say-goodbye-to-growth\/","title":{"rendered":"Australia: Say goodbye to growth"},"content":{"rendered":"

Business investment in Australia continues its sharp descent since the end of the mining boom, falling below 14% of GDP for the first time since the Dotcom crash.<\/p>\n

\"Australia
\nSource: RBA Chart Pack<\/em><\/p>\n

Apart from the expected “cliff” in Engineering, investment in Machinery and Equipment has fallen to record lows.<\/p>\n

\"Australia
\nSource: RBA Chart Pack<\/em><\/p>\n

Without investment, growth is likely to contract. The impact on Australian wages is an ominous warning.<\/p>\n

\"Australia
\nSource: RBA Chart Pack<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Business investment in Australia continues its sharp descent since the end of the mining boom, falling below 14% of GDP for the first time since the Dotcom crash. Source: RBA Chart Pack Apart from the expected “cliff” in Engineering, investment in Machinery and Equipment has fallen to record lows. Source: RBA Chart Pack Without investment, … <\/p>\n

Continue reading “Australia: Say goodbye to growth”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,15],"tags":[290,536,3631],"class_list":["post-14626","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-investment-infrastructure","tag-australia","tag-business-investment","tag-wages-growth"],"yoast_head":"\nAustralia: Say goodbye to growth - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia: Say goodbye to growth - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Business investment in Australia continues its sharp descent since the end of the mining boom, falling below 14% of GDP for the first time since the Dotcom crash. Source: RBA Chart Pack Apart from the expected “cliff” in Engineering, investment in Machinery and Equipment has fallen to record lows. 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Australian consumers have already worked this out, with sentiment plunging to record lows. The bellwether of the Australian economy is housing. Prices are tumbling, with annual growth now close to zero.\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-12-09-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":61935,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/06\/10\/australia-cautiously-pessimistic\/","url_meta":{"origin":14626,"position":1},"title":"Australia: “cautiously pessimistic”","author":"Colin Twiggs","date":"June 10, 2025","format":false,"excerpt":"Summary The ASX 200 threatens a new high But consumer sentiment is low Business conditions are weak Commodity exports are slowing, and so is economic growth ASX 200 earnings are likely to follow The ASX 200 is testing resistance at 8600. Breakout would signal a fresh advance, but the earnings\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200 Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":16497,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/07\/05\/australia-the-good-news-and-the-bad-news\/","url_meta":{"origin":14626,"position":2},"title":"Australia: Good news and bad news","author":"Colin Twiggs","date":"July 5, 2018","format":false,"excerpt":"First, the good news from the RBA chart pack. Exports continue to climb, especially in the Resources sector. Manufacturing is the only flat spot. Business investment remains weak and is likely to impact on long-term growth in both profits and wages. The decline is particularly steep in the Manufacturing sector\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24530,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/03\/12\/the-challenge-facing-australia\/","url_meta":{"origin":14626,"position":3},"title":"The challenge facing Australia","author":"Colin Twiggs","date":"March 12, 2021","format":false,"excerpt":"Interest rates are at record lows. New housing loans are soaring, with commitments at record levels. Auction clearance rates are climbing. While private residential building approvals have taken off. But non-mining business investment is plunging. Ultra-low interest rates have boosted demand for housing. Especially with major banks projecting a 20%\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17863,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/02\/11\/why-the-rba-shouldnt-cut-interest-rates\/","url_meta":{"origin":14626,"position":4},"title":"Why the RBA shouldn’t cut interest rates","author":"Colin Twiggs","date":"February 11, 2019","format":false,"excerpt":"There are growing cries in local media for the RBA to cut interest rates in order to avoid a recession. House prices are falling and shrinking finance commitments point to further price falls. Declining housing values are likely to lead to a negative wealth effect, with falling consumption as household\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18450,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/06\/24\/australia-needs-to-break-the-downward-spiral\/","url_meta":{"origin":14626,"position":5},"title":"Australia needs to break the downward spiral","author":"Colin Twiggs","date":"June 24, 2019","format":false,"excerpt":"Ross Gittins, Economics Editor at The Sydney Morning Herald, sums up Australia's predicament: \"The problem is, the economy seems to be running out of puff because it\u2019s caught in a vicious circle: private consumption and business investment can\u2019t grow strongly because there\u2019s no growth in real wages, but real wages\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=14626"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14626\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=14626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=14626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=14626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}