Relevant:
- Economic Bust in Australia:Near-Record Corporate Bankruptcies, Employment Drops Unexpectedly; Rise in Bad Home Loans;Record Low Property Transactions
- Australia in Recession; Spending Slide Spreads from Housing to Service Sector; Australia's Double Whammy; US Dollar Safe Haven?
- Australia Services Index Plunges to Significant Contraction; Bleakest of Views From Retail Shops; Retail and Housing Bloodbath Coming Up
- ECRI Weekly Leading Indicators Turn Negative
- Recession fears as America sheds jobs
2008-07-13 — blogspot.com
"All is not well in the land down under. Australia appears to be ready to join the US and UK in recession. The Herald Sun is reporting Melbourne recession fear as property hit."
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