Our aim is to be your guide to living life to the full. The keys to staying vital and active for longer are within our grasp! Read more...
Become a GrownUp and join our Community. Stay up to date with our weekly newsletter, discuss topics with other members, grab some great member-only offers and so much more.
Select the radio station you would like to listen to live.
Member since 22 Oct 2006
Member from Christchurch CBD
Two things happened experts like Paul Keating are saying in last week that suggest to some that the Australian economy could be headed for recession. The first was the collapse of the First Fleet trucking company and the second was the release of the Australian Industry Group,s Performance of Service Index.(PSI) which slumped 7.4 points.So Who was First Fleet Its a company that has been going more than 20 years
Member since 23 Nov 2009
Member from Stratford
Economies all around the world are struggling Doc.
It's the 'system' - the global financial system - that's unsustainable and that's putting pressure on in all sorts of places.
As I understand it, Australia's mineral boom has been reliant on China for the most part and China is slowing down its building programmes which has an obvious effect on Australia. And Australia is our largest trading partner and market so... another downturn for us I imagine.
Arandar, Yes it looks like the start.First Fleet Trucking Firm has gone into receivership after 20 years in business and put 1000 workers out of work with pay unreceived and entitlements.
Member since 02 Feb 2007
Member from Mangere Central
AND they are selling parts of Tasmania to NZ,to run dairy herds.Or did I dream that up.Oh the poor tassie Devil.He will get trodden on.
Mona, We were in Tassy a few weeks ago and saw those devils. I think its the New Plymouth Borough Council that is looking to invest in Tassie dairy farms.
To post a comment on this discussion please log in or register