Alan Kohler penned another article decrying Australia’s housing crisis, which he argues is driven by “lip service, hypocrisy, and an investment culture”. Kohler notes that the Albanese government’s target of building 1.2 million homes over five years is a “lost cause”. “The number of housing approvals has declined, not increased!”. “Since mid-2024, when the five
According to George Bernard Shaw, the most popular method of distributing wealth is the method of the roulette table.
Even though I didn’t drive, I was still pretty worn out by the time I got back from the film festival panel on the weekend. Luckily, Jane had made chicken Provençal, which was a nice thing to come home to. She’d opened a bottle of Chardonnay for the recipe—Allendale, I think—so I had a glass with dinner. It was the first bottle of wine we’d opened in about six months. Anyway, it was nice. We ate, had a drink, and then I sort of drifted around, not doing much of anything.
Asian share markets are somewhat positive despite another spray of tariff demands from the Orange Mussolini with Chinese shares brushing off the reciprocal reactions as the trade war heats up domestically, affecting Australian exports. Luckily the local economy is broad, diverse and robust to deal with cuts to primary exports…..Anyway, the USD gapped higher against
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It’s a very big debate for asset allocators by very big people that I respect on both sides. In the boom camp is Steve Blitz at TSLombard. January employment data and the revisions have a simple message – the economy has been picking up steam since mid-24, a charge now fueled by a 100BP cut
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The 2025 Eldelman Trust Barometer has been released. It is the firm’s 25th annual globally deployed online survey of the general population, seeking to understand why people hold the views they do. This year’s survey showed a significant decline in trust in Australia in business, government, and the media. As illustrated below, Australians’ overall Trust Index