Whoops
Mid-afternoon, too much coffee and my tongue thundered against the teeth on my bottom palate. It sounded like a chopper hovering inside my head, which seemed appropriate because housing finance figures were released this afternoon. Showing buyers are now like Americans at the end of the Vietnam war, riding helicopters up and away as Saigon falls. Fear for the vendors left on the ground. In Tasmania, The Examiner reported ... Tasmania's worsening economic situation has again been highlighted with the release of home loan data for February. According to the Australian Bureau of Statistics, new home loans fell a whopping 13.7 per cent in seasonally adjusted terms in Tasmania in February. You might assume I have a rock hard dong over that one, except I've always been using the original data - which was up 3.2% Jan to Feb. Ignoring that embarrassment, we'll move onto the figures which I'll argue matter a whole lot more - Tasmania now has fourteen consecutive months of sub 1...