Another gas reservation flag has gone up the pole today. The Albanese government is considering introducing an energy policy spanning the entire east coast that prioritises volumes of gas to the domestic market through a baseline credit system in a potential fix to ease fears of local supply shortfalls. Officials from the federal government have
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Friday night saw the release of the latest inflation figures in the US which came in relatively soft given the tariff push on consumers and importers, but it opens the door for a probable “safe” cut from the Fed in its upcoming meeting. Further talks between the Xi and Trump regimes on rare earth exports
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Late last week, The AFR published two articles by the same author on the same day that neatly encapsulated Australia’s housing farce. First, reporter Luke Kinsella noted that all states were falling short of their agreed National Housing Accord targets, which nationally “fell 66,000 homes short of the 240,000 required to keep pace with the
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Last week saw Australia’s housing minister, Clare O’Neil, launch a propaganda campaign to distract voters from Labor’s housing failures. First, O’Neil tweeted that Labor that “for the first time in a decade, new homes are being built faster”, and that Labor is making homes more affordable by building more of them. O’Neil’s propaganda came as
By Lucinda Jerogin, Associate Economist at CBA: It was a quiet week in Australia with a dearth of data releases. News offshore was dominated by trade headlines as US-China tensions flared and subsequently cooled. The US Government shut down continued. Next week locally all eyes will be on the all-important quarterly CPI ahead of the
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DXY is not going away. AUD is at the top of its recent range. CNY has given up the ghost. Gold is still vumnerable in my book. AI metals to the moon. Rio is the chosen one. EM breaking higher. Junk is back at the core but not the periphery. Yields stalled on oil. Stocks
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The Albanese government launched its 5% deposit scheme for first-home buyers at the start of the month. The First Home Guarantee scheme allows an uncapped number of first-home buyers to purchase a home using only a 5% deposit, provided they do not exceed the generous price caps illustrated in the following table. For every home
International Reading: The Mother of All Corruption: Is $300 Million the Largest Bribe In Human History ?: White House releases donor list for Trump ballroom amid East Wing demolition – The Hill White House ballroom update: Trump raises price by $100 million – News Week Beyond Meat is falling back to earth after rallying 1,300%
Risk markets are again pivoting on more tantrums from the Oval Office as the Trump regime lashes out at Canada and Venezuela via the usual online 12-year old boy tantrums from the Mango Mussolini. Asian share markets brushed off the histrionics and are seeing strong bids to finish the trading week but all eyes will
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