Date: 2009-12-22 10:45 pm (UTC)
From: [identity profile] tcpip.livejournal.com
I was hoping for obvious comment!

WRT to real estate prices, yes, the economic effects were significant. 2008 saw a modest decline, but 2009 saw rises again.

cf.,
http://www.abs.gov.au/ausstats/abs@.nsf/mf/6416.0

The Australian economy has remained quite strong through the GFC.
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