Realestate.com.au published an interesting article on how the Victorian government’s increases in taxes on investment property have landlords “under siege” amid falling rents: The report pointed to PropTrack research showing that median weekly rents declined or remained flat in more than 30 Melbourne suburbs in the year to February, meaning investors could be losing money
European countries have once again “taken up arms” against Russia, Foreign Minister Sergey Lavrov has said, commenting on the increasingly hostile stance of many governments toward Moscow.
Addressing the constant calls to prepare for a presumed Russian attack – a notion which Moscow has dismissed as baseless – Lavrov said all previous global conflicts were sparked by similar aggressive actions from Europe.
The number is 104, or approx. 10 more points than the average IQ in the White House but it will rattle markets around the world as the 104% tariffs on China from the Trump regime take effect, but this looks to be just another blip in the blooming trade war that has no end. S&P
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On the one hand, you’ve got a booming business marking up your products into the US economy by ludicrous multiples of your low cost slave labour workforce. On the other hand, you’ve got Donald Trump taxing the living daylights out of your cost base at astonishing speed. Then, as you prepare to make a deal
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The cognitive dissonance of the Grattan Institute is a sight to behold. This captured ‘think tank’, funded by taxpayers, corporate interests, and Melbourne University, continually produces propaganda on the immense benefits of running a mass immigration program while giving scant attention to the negative externalities on the housing market, infrastructure, productivity, living standards, and the
Money.com has released research suggesting “there could be more pain ahead for renters”. Money.com points to analysis of Australian Bureau of Statistics (ABS) Consumer Price Index (CPI) data showing that rents have risen by 14.2% over the past two years — more than double the overall inflation rate of 6.6%. This 14.2% increase reflects the
Justin Fabo from Antipodean Macro has published interesting charts showing how Australians continue to pay some of the highest mortgage rates in the world. The first chart shows that Australian mortgage rates on new home loans are the second-highest in the advanced world, behind those of the United States. Australia also has the equal highest
I appear to have written Peter Dutton’s gas policy, and what a Bobby Dazzler it is! Peter Dutton says the Coalition’s gas policy forcing LNG exporters to increase onshore supply and decoupling local prices from overseas markets will reduce wholesale prices by 23%, slash industrial retail gas bills by 15% and cut 7% from household
In the US, the freshly installed administration of President Donald Trump is attempting to drastically reshape science. Here we focus on interventions that are relevant to epidemiology and public health.
East Coast Australia has doubled its gas production over the past decade, yet the domestic market has been supplied with 25% less gas. Part of this decline in domestic gas use reflects demand destruction: the tripling of prices has caused manufacturers to shutter and reduced consumption. Despite being a major exporter, East Coast Australia now
Out with the new and in with the newer at the Lunatic RBA. Somebody has to be sacked. The Lunatic RBA has starved the pig for market day. There is no excuse for it. It’s been obvious for six months that inflation is beaten, yet it refused to budge. Now, we have a private-sector economy
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