Here is another nail.
As many knowledgeable posters have highlighted, low interest rates alone are not going to save property investors, continued high employment rates are absolutely mandatory to keep the sector healthy.
China's biggest bank dials down Aussie resource sector lending
Marc Howe | September 17, 2012
http://www.mining.com/chinas-biggest-bank-dials-down-aussie-resource-sector-lending-59436/
ICBC is especially well-placed to know whether or not the Australian mining boom is on track to lose momentum, as it is a Chinese state-owned bank both privy and beholden to the decisions of the China's policy-making elite, while China also remains the primary driver of the Australian resource sector's fortune.
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Here is another nail.As many knowledgeable posters have...
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