Summary: Theos – Australian Country Manager - talks about why oDesk is setting up in Australia Interview with PwC economist Jeremy Thorpe on the pension age issue Leon and Garry talk about issues including: · China manufacturing strengthening but home prices declining. In the meantime, good signs for US manufacturing and there is a slight drop in Eurozone unemployment · New data showing Australian banks are extending credit to housing but not plant and equipment, indicating the lop-sided nature of the post-mining boom economic transition. · Businesses reacting negatively to the Budget with some worrying signs for the Australian economy. · Nonetheless the economy is growing at a healthy 3.5 per cent, which is why the RBA has kept interest rates on hold. Relevant links: https://www.odesk.com/o/jobs/ http://www.budget.gov.au/2014-15/index.htm
