Wednesday, 3 September 2014

Construction Boom Won’t Save Australian Economy: BIS

The report notes, however, that with activity in other non-mining business sectors such as retail and manufacturing expected to remain soft as long as the dollar – which is expected to drop back to below $US0.80  over a 12 to 18-month timeframe – remains high, any broader recovery in the non-mining sector will be several years away while housing by itself will not be sufficient to make up for an anticipated 40 per cent pull back in resource construction over the next four years. - 




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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!