Hawkers ,
I should've posted ' employment remains stable , relatively speaking '.
If we had employment figures like Spain or Ireland or the US immediately after the GFC , I would agree . If you were selling in the Geelong area at the moment , I would think it's a bit tough .
That said , Australia's unemployment rate is still below the long term average http://www.theguardian.com/business/grogonomics/2013/dec/23/australias-economic-forecast-is-sobering-but-that-should-not-lead-to-unnecessary-pessimism
We appear to have a soft landing from the end of the mining boom so I'm not too worried . It will be a test of the Abbott government to see how well they handle this however .
Btw , how are you going with the property speculator definition ?
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