Ovewrall a great article!! The only point I would like to make is the fact that unemployment is down, but not to full-time employment. Anyone in the employment business will tell you that the jobs mentioned are only part - time with most people on an individual AWA contract.

This group of people being mostly young people entering into the workforce for the first time, are being locked out of the housing market until their employment situation changes because no resposible lending facility will lend them money to by a house or flat with only a part time job.

Of greater concern to the economy is the worrying fact that this group of people, is getting credit given to them because they have jobs. This has encouraged huge debt that they cannot possibly service on part- time employment.