[Mav]

Property market in Melbourne is pretty flat...although properties less than 10kms (not talking about apartments) are still bringing plenty of activity........l would be extremely surprised if the market would drop....apartments have a little, but bcoz there has been a lot built in the last 10 years.

Building industry has slowed down....but it had too.

Equities investing is definitely the way to go for the next 2/3 years l would think.

Oz economy is pretty bouyant with another massive surplus just announced by the Liberal Government.....decent tax cuts handed down.....recession here ?....can't see it...Reserve Bank did lift interest rates last week to make sure people slow down the spending....it has been out of control last few years.