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Real estate bubble in Australia After the Boom, now the Bang?

On the fifth continent, the clocks tick differently: In no other country in the world, there were 27 years of no recession. Now, however, the growth of world champion faces his toughest test yet.

Young Australians to enjoy your carefree life - with views of the Opera house in Sydney

dad, tell, how was actually, at that time, in the last recession? In Australia, a Generation that has experienced in your life is never a economic downturn is alive. Even over 30-year-old adult can't remember a contraction in the economy.

In "Lucky Country" is the period of growth to normal. Even the global financial crisis, the overhang of the Australian economy with a few injuries, but no major injuries. In 2008, Australia was the only Western country that escaped a recession.

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