Author Publication date 2014 Dewey Decimal 330.99407 Page count 224 ISBN 9781497503861 Country Australia | Language English Pages 224 Originally published 2014 Genre Economics Subject Economy of Australia | |
Australia: Boom to Bust is a 2014 book by the economist Lindsay David. David was a student of the world's most prestigious business school International Institute for Management Development in Lausanne, Switzerland
Contents
Synopsis
The book argues Australia is facing an unprecedented housing and credit bubble, by comparing exposure of Australian banks to extraordinary levels of debt and the relatively non-diverse Australian economy with the conditions leading to other financial crashes, such as the Global financial crisis and the Lost Two Decades in Japan. David points out that housing prices in Sydney are higher than in London, Tokyo, Geneva or New York City, in some cases significantly.
Reception
His book was reviewed in the Australian Financial Review and Macro Business amongst others.