Fair call grant62, .. a heightened risk of the building industry(hosing market) slowing as the Melbourne docklands projects and highg risk mortgage belt building slows and as a result property gets harder and harder to sell. ... a 45% risk of the US going into recession or deeper in 2005 looms ominously ... Local inflation created by red hot treasury printing press. Australia sits at the top of the western world with money creation averaging 9.8% increase year on year for the past 3 years, a further acceleration could pose a nasty inflationary problem as we try an retain our $$$ position relative to the US. So far the printing press hasnt been able to stave off a rising $Aus. Christ it looks like a shemozzles and there is a truckload more I could add. We aint sitting as pretty as Costello is portraying in parliament at the moment. The jobs figure surprised the hell out of me though.
