Metricon Homes shedding 9% of its Workforce.
America in a technical recession.
RBNZ hitting a 2.5% Cash Rate.
RBA hitting a 1.85% Cash Rate with more to come. RBA's message that rates will start reducing in 2024 is odd because 6 months ago that's when they said they were going to start going up.
Inflation in Australia highest since 1991 (would be higher but they keep changing the definition)
A lot of people own houses that are now worth less than what they brought them for, this gap will continue to widen.
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