The latest stimulus announcement from China looks a lot like the last six or seven announcements. But the iron ore reaction was dramatic. Is this China’s “whatever it takes” moment? Or just another in a long list of announcements with little follow through? Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer
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The Albanese government is reportedly preparing to reintroduce its stalled Help to Buy shared equity housing bill into parliament next week in a bid to increase pressure on the Greens. The Help to Buy scheme would help first home buyers with limited savings to enter the property market. The government would own up to 40%
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Bushfires are one of Australia’s greatest challenges and are becoming more frequent and severe due to climate change. Hazard reduction burns are used to reduce the likelihood and severity of bushfires, but the task of identifying suitable windows of opportunity for prescribed burns is an increasing challenge for fire management agencies due to shifting seasonality…
Last year, The Australia Institute released research claiming that the corporate sector was responsible for over two-thirds of Australia’s inflation above the Reserve Bank of Australia’s (RBA) target. OECD research released last year also showed that unit profits made up a greater share of price increases than unit labour costs during the pandemic. Past research
The Market Ear with the latest on positioning. Computers are sellers CTAs in SPX are basically in sell or sell mode. Biggest risk is the downside over the 1 month where CTAs are sellers of $144bn ($50bn in the US). GS Sleepy bid The biggest bid is fading quickly….and will be dormant for a few
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Australia is rich in coal, gas, and sunlight. Low-cost energy used to be a competitive advantage for the nation. However, through pure incompetence and “net zero” pig-headedness, our policymakers turn energy into a cost-of-living nightmare and competitive disadvantage for the nation. Already this year, we have witnessed Qenos – Australia’s last plastics manufacturer – shut
With Chinese markets closed, SGX is wandering sideways: There is almost no scenario in which iron ore will be driven higher by fundamentals. There’s too much. The supply chain is chock-o-block. There’s more coming. And Chinese demand will struggle to hold even with stimulus give the baked-in reduction in Chinese property completions ahead. This is
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Rapper Sean 'Diddy' Combs, known for collaborating with top Democrats for decades, was charged with sex trafficking, racketeering conspiracy and other felonies in mid-September.
Bloomie is doing its best for Beijing. At 11:12 p.m. in Shenzhen on Sunday, China’s least affordable city eased rules for homebuyers. Less than an hour later, the first batch of prospective customers showed up at a sales center for a suburban project by local developer Excellence Group. It’s going to take months to see how the
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Risk markets remain caught between rate cut speculation, the upcoming US NFP print on Friday night and the seemingly expanding war in the Middle East, almost all without any key moves overnight. Wall Street put in a scratch session while European shares continued their very soft mood with mixed results. In currency land, some softer
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Australian policymakers have created an even worse way to grow the economy than through high immigration and housing speculation. The National Disability Insurance Scheme (NDIS) has become a literal financial ‘black hole’ that is driving the nation’s jobs and growth. As The AFR’s Michael Read noted on Monday, the NDIS “was originally forecast by the
It is a great honor to be invited by the Workers Party (PT) to this impressive Congress and be part of the large group of international delegates observing the incredible transformations here in Mexico.
I believe we have all traveled here for three main reasons — the three great crises that menace our world and beset the progressive forces who hope to shape it.
New global research involving over 10,000 children and young people from 10 countries has found that gender profoundly influences how conflict is experienced. The study, by child rights and humanitarian INGO Plan International, offers in-depth insight into growing up in conflict, based on a survey and first-person accounts of 15- to 24-year-olds from countries including…