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Thumbnail image for Interest Rates: Reserve Bank Hold Rates in Australia for September 2009

Interest Rates: Reserve Bank Hold Rates in Australia for September 2009

The Reserve Bank of Australia has decided to put rates on hold for another month. Luxury real estate agent Michael Marquette of Marquette Turner Luxury Homes provides commentary regarding Australia’s official rate of 3% being the highest in the OECD.

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Thumbnail image for 2009 September 09: Invest or Spend Our Way to a Better Future?

2009 September 09: Invest or Spend Our Way to a Better Future?

The subject of business, money, finance and economic prudence effects us all. Luxury real estate agent Michael Marquette’s “View from the Bridge” this week looks at whether Federal Government policy requires spending or investment to ensure a brighter economic future for us all. Includes podcast.

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Thumbnail image for 2009 July 28: Marquette Turner Luxury Homes eMagazine

2009 July 28: Marquette Turner Luxury Homes eMagazine

Luxury real estate company Marquette Turner Luxury Homes features articles in this emagazine on the world’s number 1 hotel in cape town, south africa, real estate news, australian auction results, salad recipe, melbourne real estate – notably in southbank, google maps takes on the world, luxury real estate, inflatable furniture, the economy, Michael Marquette’s View from the Bridge, the footpath library good cause, quotes and much more.

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Thumbnail image for Michael Marquette’s “View from the Bridge”: High Speed Trains for Australia

Michael Marquette’s “View from the Bridge”: High Speed Trains for Australia

Sydney real estate agent, Michael Marquette, looks at the vital need for the Federal Government to build high speed trains in Australia. If public debt is necessary, particularly during the credit crisis, at least fund infrastructure. Growing household debt, often for real estate as a consequence of the First Home Owners Grant, is a crisis that will not go away.

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Thumbnail image for Michael Marquette’s “View from the Bridge”: The Recovery is a Long Way Off (with podcast)

Michael Marquette’s “View from the Bridge”: The Recovery is a Long Way Off (with podcast)

monogram-mini-whiteI believe that a true recovery is quite a way off. There may be two steps forward, mirrored by two steps back and another 2 sideways as the world restructures and struggles its way out of the mess we now find ourselves in. This is not a quick fix situation and those claiming anything of the sort should be ignored. Michael Marquette, Marquette Turner Luxury Homes

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Thumbnail image for Michael Marquette’s “View from the Bridge”: Wall Street’s Failed Obsession

Michael Marquette’s “View from the Bridge”: Wall Street’s Failed Obsession

The obscene salaries of Wall Street bankers and company bosses have been exposed for the farce and shareholder rip off that they truly are. Companies of all types have been plundered by these thieves for far too long in their obsession for short term gain at the long term expense of the companies they were supposed to be looking after. They all forgot the shareholders.

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Thumbnail image for One Step Closer to the Workers Paradise? Karl Marx, Communism and Now

One Step Closer to the Workers Paradise? Karl Marx, Communism and Now

“Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism.”

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Weak: Reserve Bank of Australia Makes Wrong Decision (with podcast)

The Reserve Bank of Australia (RBA) has decided to leave the official cash rate at 3.25%.

This is the wrong decision – the real estate market is continuing to slow and Australia still has the highest cash rates in the developed world.

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Thumbnail image for The MASTERPLAN Part 4: Banking, Company Regulation and Limiting the Size of Corporations (with podcast)

The MASTERPLAN Part 4: Banking, Company Regulation and Limiting the Size of Corporations (with podcast)

Even if those loans which are currently recognized as “toxic” are isolated and bought by the US Government or other institutions or States, there are still so many variables which could cause chaos – the banking system has so much to still be exposed.

…Summary Thoughts With only 25% of the worlds finance coming from banks and the three largest US Banks close to insolvent, the world has to deal with some enormous issues and this will require a united regulatory framework for the future and a limiting of the size of corporations as an international security measure.

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Thumbnail image for The MASTERPLAN Part 2: Credit Cards, Consumer Credit & Endless Economic Growth (with podcast)

The MASTERPLAN Part 2: Credit Cards, Consumer Credit & Endless Economic Growth (with podcast)

Australians owe approximately $45 billion AUD on credit cards and is ranked as the third most indebted nation in the world when comparing total household debt to Gross Domestic Product (GDP), behind the UK and the US. … Who hasn’t seen a television commercial offering credit cards with low introductory interest rates on balance transfers (except for cash withdrawals which instantly are charged at the top rate) to entice people to further increase their personal debts?

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