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
Sunrise, Queenscliff, Victoria, Autumn 2026 Reads Near here Workers’ pay has not kept pace with productivity growth for 30 years, research suggests â ABCâŠ..so in 2026 âresearch suggestsâ when it has been obvious for more than a generation?…. Telstra recently warned about timing issue linked to national outage â ABC Australians face
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 âeternity of painâ for Australians and deliver even worse economic outcomes than the ÂAlbanese government, likening Pauline Hansonâs populist party to the Greens in his fiercest
Since Canada slashed net overseas migration from it’s peak in the March quarter of 2024, one of the last major remaining pillars supporting the already vulnerable Canadian housing market has been removed, leaving it on increasingly risky ground. According to figures from the Bank for International Settlements, housing prices nationally are down by over 20%
With the release of the latest Cotality quarterly Rental Report, the dire state of the nation’s rental market has again been confirmed. Nationally, the rental vacancy rate was 1.7%, remaining near all-time lows and showing less than zero progress in addressing the rental crisis since Cotality’s data from this time last year, when the vacancy
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
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
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 Indiaâs nuclear weapons program. On Thursday, Modi declared Australiaâs uranium reserves were critical to helping India meet its ambition to build more nuclear plants and energy, and
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
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
The worst gasbag in Australia is the rebranded Australian Energy Producers (AEP) lobby, formerly APPEA. It is the LNG cartel foghorn. Today it takes the cake. What is often overlooked in the debate is that over the past three months, east coast gas prices have remained at their lowest levels in years. Remarkably, this has
In a recent social media post, Housing Minister Clare O’Neil shared a video in which she spoke about the “broken housing market” and how it was hurting Australians. There is a full transcript of the video at the bottom of the article. O’Neil went on to state that: “You’re either on the side of change
Here’s a good way to make everybody angry at Israel. Israelâs 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 âblood libelâ myths are being normalised and the nation could face more antisemitic terror and violence. Take
At least I think we did. Admiral Johnston said the ADF must âact with a greater degree of urgency to prepare for the worst-case scenarioâ 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 âa game-changing capability
DXY is holding support as the war resumes. AUD is OK, but I don’t fancy its chances as North Asia slips inexorably towards crisis. Don’t buy gold until you think the war is over. Oil is running again. Base metals are shaky. Big miner’s bearish charts proved a valuable insight as they CRASH. EM looks
In recent weeks, the news surrounding the Australian housing market has gone from bad to worse, with commentary from bank analysts that mortgage demand has fallen significantly, with some observations seeing demand from property investors down as much as 50%. In a recent appearance on Channel 7’s ‘Sunrise’Â Shadow Attorney General Michaelia Cash and Housing Minister
UBS has issued a deleveraging alert as war resumes, and semis reverse, though it’s relatively moderate. US Equity L/S The indicator was re-activated on Thursday last week following a three-day pause and remains âonâ as of yesterday (US holiday Friday). Equity L/S cut >2std of gross on Thursday, while gross flows were muted yesterday. Gross outflows have
When the Albanese government unveiled its target of building 1.2 million new homes over the 5 years from July 2024 to June 2029, it was met with skepticism from a range of property and housing construction experts. The skepticism was entirely understandable, considering that in the 12 months prior to the start of the so
The RBA says so. The Reserve Bank is concerned that the recent explosion in data centre investment could compete with Australian businesses for workers and resources, making its fight against inflation harder and contributing to interest rates staying higher for longer. Economists say the RBA is right to be worried, given the investments are occurring
The gas cartel is evil. East coast gas producers are ramping up informal talks this week with manufacturers as they hunt for alternative ways of meeting buyersâ concerns about unaffordable gas and try to head off the forced oversupply of the market envisaged under Laborâs gas reservation scheme. The talks, which include some overseas investors
We can all remember Chalmers 1.0, when he and his mate Lord Charlton were too gutless to put any kind of gas tax on the warmongering gas cartel. This decision, above all else, triggered years of inflation and real wage falls. Now, we have Chalmers 2.0, again, as the treasurer’s economy rolls into a new
If there is an all too common thread in the Albanese government’s communications with the electorate, it’s that everything is fine enough and if there are problems factors other than the government are to blame. From a political perspective, it quantifiably works, with the government’s ‘Everything is awesome’ strategy helping to deliver it the strongest
Not sure what else you’d call this. Oil rises as Treasury revokes June 21 Iran oil waiver Hormuz Threat Level Raised To “Severe” Three maritime incidents reported on Hormuz in last 24 hours Another unidentified vessel hit by a Drone IRGC forces hit a Saudi Tanker IRGC forces hit a Qatari LNG tanker Oil is diminishing. This. The US military said
In the months prior to the recent federal budget, data suggested that mortgage demand was beginning to trend downward. Against a backdrop of deeply depressed consumer confidence and falling per capita real consumer spending, it was arguably an entirely expected set of circumstances. When assessing mortgage demand through the lens of the Reserve Bank’s credit
At the last federal election, the Coalition faced its most devastating defeat ever, reduced to a shadow of its former self with a record low 43 lower house seats. Since then things have got worse, much worse. According to a recent analysis of the current crop of polling by Mark the Graph, the Coalition has
FIFA has long been known to be one of the most corrupt bodies in world sport. Put it together, and you have a clear picture of corruption. First, there was the farce of the peace prize. Next up, we’re all subjected to quarter-time breaks in air-conditioned stadiums for extra ads from which Donald Trump gets
