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economic downturn

Thumbnail image for View from the Bridge: Australians Far Too Complacent About the Economy

View from the Bridge: Australians Far Too Complacent About the Economy

Despite the monumental shift in the World economy and the considerable distance we still have to travel to recover and restructure, the Australian media, Reserve Bank and the population as a whole has decided to put their heads in the sand. The overwhelming sentiment is that Australia has in some way missed the worst of the economic crisis and is powering ahead. Sydney real estate agent Michael Marquette of luxury real estate agency Marquette Turner Luxury Homes explains that the decision of the Reserve Bank to lift interest rates from 3% to 3.25% today is testament to this way of thinking

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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 Luxury Real Estate: 2009 Sep 02 Marquette Turner Luxury Homes eMagazine

Luxury Real Estate: 2009 Sep 02 Marquette Turner Luxury Homes eMagazine

It’s legacy week for Veterans in Australia and it features as the good cause in luxury real estate agency Marquette Turner Luxury Homes’ eMagazine for September 02, 2009. Also featured are articles on the credit crunch, business, consumerism, economy, chinese recipe, quotes, ecosmart fireplace, hollywood hills luxury homes.

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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”: the New Economic Normal

Michael Marquette’s “View from the Bridge”: the New Economic Normal

Sydney real estate agent and Co-President of luxury real estate agency Marquette Turner Luxury Homes talks of the new economic normal. The new “normal” will see people spending less and saving more. Choosing not to constantly eat out at restaurants and cafes will be seen as “smart”. Reputation will be more about someone’s show of responsibility rather than the colour of their credit card. Friends and family will become more important as people spend more time at home – the new “normal” is not about returning to the way we were and continuing spending – it is a fundamental shift in the way we approach our lives.

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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 What the !@$%…?  When Does a Recession Become a Depression?

What the !@$%…? When Does a Recession Become a Depression?

The word “Depression” instantly conjures up black and white images of people waiting in line for bread and soup in America from the Great Depression 1920’s and 1930’s, when the world economy plunged dramatically. The effects were felt in pretty much every country, rich or poor, and international trade decreased by approximately half to two-thirds, as did personal income, tax revenues, prices and profits.

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