According to CoreLogic’s April home value index, Melbourne is the nation’s cheapest major capital city property market. Melbourne’s median dwelling value was $786,158 at the end of April 2025, $119,605 (13% lower) than the national capital city median. The improved affordability of Melbourne’s housing market comes after five years of relative stagnation. As seen in
Media freedom is deteriorating in a number of EU countries, according to a recent report by the Civil Liberties Union for Europe (Liberties). The group has claimed that pluralism and freedom of speech are “under attack” as media companies become increasingly controlled by governments and wealthy owners.
The Market Ear on the rally. Not too bad The 6 day SPX streak has actually been rather impressive. As John Flood writes: “Since 1970, S&P 500 up 6 days in a row with returns of over 7% has only happened 12 times. Post yesterday’s close we locked in # 13. We are due for a
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The latest State of the Land Report 2025 from the Urban Development Institute of Australia (UDIA) forecasts that the nation’s housing crisis will worsen as demand from population growth (immigration) continues to outrun housing construction: UDIA’s long-run analysis of national population and dwelling growth highlights a serious divergence in new dwelling supply not keeping pace
The US share markets were mixed on Wednesday after data showed the US economy contracted in the March quarter for the first time in three years. The decrease underscored concerns about the impact of US tariffs and the global trade war on growth. The Dow Jones index rose by 142 points, or 0.4%, and the
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The latest US GDP print for Q1 came in worse than expected, sending Wall Street down 2% at one stage before the hopium set in as markets recovered towards the close on reports of a possible Canadian deal with the new PM. The USD was mixed against the majors with some return to strength against
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When I first heard that there was to be a shadow cabinet reshuffle from the leader of the Liberal Party, Peter Dutton, I was not particularly interested given that most of the shadow cabinet are inept or corrupt. However, when I heard that Gina Rinehart had said on January 22, 2025, that “if we are sensible, we should set up a DOGE [Department of Government Efficiency] immediately, reduce government waste, government [red] tape and regulations, I was unsurprised, being as she is a big Trump supporter, and even travelled to the US to kiss his ring at his inauguration1.
New polling demonstrates that most voters see President Donald Trump as a dangerous politician and view his leadership style as dictatorial.
The Australian Bureau of Statistics (ABS) Q1 CPI release revealed that housing inflation is slowing rapidly, contributing to lower trimmed mean inflation. CPI rental inflation rose by 1.2% in Q1 but moderated to 5.5% growth annually. The annual rate of growth was down from the peak of 7.8% in Q1 2024. The following chart from
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The mainstream Western media and global, alternative media outlets have been delivering a remarkable converging stream of blistering commentary since 2 April on what is now widely called, even by The Economist, Trump’s tariff tantrum.
The Irish-language hip hop trio Kneecap is being investigated by British counterterrorism police following a controversial appearance where the group performed in front of the words “FUCK ISRAEL, FREE PALESTINE” during a music festival in the United States.