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Website improvements

Hi all, A quick note to offer guidance on the new website. As well as the layout changes that make it easier to access content for new readers, it comes with a dramatically improved sign-up and resubscription process, greatly enhanced speed, and a much better mobile experience (since 95% of traffic is now phone!). The

Latest posts

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Victoria gets ripped off for tens of billions of dollars

In explosive revelations reported by The Age, Victorian Premier Jacinta Allan’s Chief Infrastructure advisor confidentially estimated that the cost of rorts and rip offs could be as high as 30% on parts of Victoria’s ‘Big Build’. The ‘Big Build’ is the name the Victorian government has given to over $100 billion in public works such

0

Steel demand into the abyss

Iron ore is following its seasonal pattern into a rebound (that will be aided by oil). But, underneath the bonnet, it is only getting worse. The latest CISA numbers are still down 6% YTD and YOY, below 2019. MySteel increasingly agrees. Realty awful. Stimmies are a bust. But more is being spent in the real

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War intensifies

The slavish MSM says the Strait of Hormuz is open. Bloomberg. US forces struck Iran again, after Tehran launched retaliatory attacks on at least five Arab nations. The Strait of Hormuz is “open to all vessels,” the US declared, even though the Islamic Republic insisted it was closed “until further notice.” Traffic in the key waterway was almost non-existent

5

Auctions quagmire continues

This week, the combined capital preliminary auction clearance rate increased to 54.8%, the highest early clearance percentage in seven weeks, following three weeks of staying below 50%. With last week’s preliminary clearance rate of 49.8% being revised down to 46.0%, the increase is off a low base. An 8.7% decrease in volume coincided with an

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Weekend Reads and Videos: 11 – 12 July 2026

  Sunrise, Queenscliff, Victoria, Autumn 2026      Reads Near here Workers’ pay has not kept pace with productivity growth for 30 years, research suggests – ABC
..so in 2026 ‘research suggests’ when it has been obvious for more than a generation?…. Telstra recently warned about timing issue linked to national outage – ABC Australians face

37

Buffoon Taylor invents One Nation debt catastrophe

Some guy named Angus Taylor has made a very poor case that One Nation will ruin the budget. Angus Taylor has warned a One Nation government would create an “eternity of pain” for Australians and deliver even worse economic outcomes than the ­Albanese government, likening Pauline Hanson’s populist party to the Greens in his fiercest

6

Oil countdown resumes

The Iran War is in no danger of ending. It remains my view that Dump cannot handle losing and must always be bigger than yesterday. My ultimate fear is not that the war causes economic strife; it is that Dump uses this to derail midterm elections and effectively rules over a US civil war and

8

The desolation of Grattan

Here’s a summary of the AFR’s Grattan Institute panegyric today. The rise of the Grattan Institute from an idea discussed over coffee in Melbourne in 2008 to Australia’s most influential independent public policy think tank. Founded by figures including Glyn Davis and Terry Moran, Grattan was inspired by the Brookings Institution and established to provide

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Australian uranium for Australia, not India

This is reckless beyond belief. Greens spokesman on foreign affairs David Shoebridge has expressed concerns that a recent deal between Australia and India to export uranium could buttress India’s nuclear weapons program. On Thursday, Modi declared Australia’s uranium reserves were critical to helping India meet its ambition to build more nuclear plants and energy, and

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Australia opened the door to India’s fake degree problem

In March 2023, the Albanese government signed an agreement with the Indian government pledging that Australia would recognize Indian qualifications in Australia as part of a broader slate of agreements with New Delhi. At the time Leith, aka the Unconventional Economist went through the full details of the report, which can be found in its

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PM Pauline gives herself mono

A good dose of mono for the ever-stupid PM Pauline. This week ALP primary support is up 1% to 28%, One Nation down 5.5% to 26%, L-NP Coalition, up 4% to 21.5% – Liberals on 19% (up 4%) and Nationals 2.5% (unchanged), the Greens were down 0.5% to 13%, and Independents/ Other Parties were up

29

Will Trump bomb the World Cup?

Here’s a good way to make everybody angry at Israel. Israel’s ambassador to Australia says he has never seen so much hatred toward Jews as he has in this country in a 26 year-long diplomatic career, declaring modern “blood libel” myths are being normalised and the nation could face more antisemitic terror and violence.  Take

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Breakthrough! Australia mentions “China”

At least I think we did. Admiral Johnston said the ADF must “act with a greater degree of urgency to prepare for the worst-case scenario” because it could no longer rely on a decade-long warning time before a major conflict. He also made a passionate defence of the AUKUS submarine program as “a game-changing capability