For friends of mine in Australia any feedback on how things are going there?
It seem to be ok but just wondering if i'm missing something and reaching out for your thoughts to understand if you've heard otherwise.
Unemployment seems to have turned put way better than the end of the mining boom seemed to be heading in 2014 so thats a good thing nut wondering if this is your experiences are after reading this article.
- http://www.smh.com.au/business/retail/australia-on-sale-retail-price-war-raises-spectre-of-deflation-20160725-gqda17.html
For those of you who want a more technical read, this link is probably a better article
- http://business.nab.com.au/australian-markets-weekly-26-17809
The key wording that concerns me is "subdued labor costs have also contributed to weak core inflation"......
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