Australia can ride the waves of China’s “green capital tsunami” – but a change in attitude is needed
The Reserve Bank of New Zealand is already battling deflation in the housing market, where prices nationally have declined 16.7% from their 2021 peak. This decline has lowered real inflation-adjusted house prices to pre-pandemic levels: Recent data suggests that the Reserve Bank could soon contend with falling prices elsewhere in the economy. The latest data
There are a lot of “potential” investors on my mailing list. Waiting for the right entry point into the market. Some have been there for almost a decade, watching, waiting and hoping that market valuations will revert to average. Stuck on the sidelines. The question is whether valuations should be structurally higher and interest
On Tuesday, the Australian Bureau of Statistics (ABS) released retail trade data, which posted a solid 0.7% gain in August following an upwardly revised 0.1% lift in July (previously reported as flat): Unseasonably warm weather and increased Father’s Day spending both contributed to the result, which easily exceeded economists’ expectations of a 0.4% rise. The annual rate of
CoreLogic’s daily dwelling values index shows that Melbourne and Sydney values are lagging well behind the other major capital cities: Over the past 28 days, Melbourne dwelling values declined by 0.1%, whereas Sydney’s rose by 0.2%. By comparison, values rose by 1.4% in Perth, 1.1% in Adelaide, and 0.6% in Brisbane over the same 28-day
A senior US Army officer has emphasised the importance of strategic allies like Australia for building collective military strength to deter adversaries including China, while warning local defence and industry officials that a "fight is coming".
Having spectacularly rung the bell at the bottom a few weeks ago, Ray Dalio is back with more bad advice on China. Last week, China’s leadership—including President Xi Jinping, the Politburo, the CSRC, and the PBoC—clearly 1) announced a reflationary barrage of fiscal and monetary policies and 2) made statements in support of free markets
Reporters Without Borders has published a sensationalist report on Russian media's work in the Balkans as part of a new project known as 'The Propaganda Monitor', accusing Sputnik and RT of spreading "disinformation" and demanding a crackdown by the EU. Balkan affairs expert Stevan Gajic tells Sputnik why such fearmongering doesn't work on Serbs.
It was good to hear that voice again. A voice of provoking interest that pitter patters, feline across a parquet, followed by the usual devastating conclusion. Julian Assange’s last public address was made in the Ecuadorian Embassy in London. There, he was a guest vulnerable to the capricious wishes of changing governments. At Belmarsh Prison…
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A bit of lite reading today: When Sandilands and Henderson launched their show in Melbourne in April, I wrote they were “crass, rude, family-unfriendly, profane, abrasive – and weirdly compelling”. What many Sydneysiders fail to understand is that not living in Sydney is a choice – just as it is to listen to Kyle and Jackie
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According to insolvency data from the Australian Securities and Investments Commission (ASIC), over 1,900 hospitality businesses failed last financial year as food and energy expenses rose and discretionary consumer spending fell sharply. Restaurant and Catering Australia (RCA) CEO Suresh Manickam warned that the hospitality industry was going through one of its most difficult periods in
In a recent speech to the Sydney Institute, Assistant Minister for Immigration Matt Thistlethwaite admitted that immigration “has provided marginal economic benefit” and has not boosted the nation’s productivity. It has also created social pressures in major cities. “Migration has been unresponsive to Australia’s needs; it has provided marginal economic benefit and has not enhanced labour
