Before the pandemic, Australia had by far the highest concentration of international students in the world, dwarfing other Anglo nations: The explosion in student numbers followed the strategic review of the student visa program in 2011 (‘the Knight review’) by the Gillard Government, which greatly expanded work rights for graduate (485) visas in 2013. In
Overnight saw more wobbles on equity markets as bond markets led the risk charge, notably European fixed income on the back of the French political imbroglio and US 2 year Treasuries in the wake of the latest US consumer confidence figures. The USD retreated against the majors, with most returning to last Friday’s strong post
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The August Statement of Monetary Policy (SoMP) from the Reserve Bank of Australia (RBA) showed that advertised rental growth is finally falling, but remains at an elevated level historically: Westpac senior economist Justin Smirk warns that rents as measured in the CPI will remain a significant ‘thorn in the side’ of the RBA into 2025,
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Waihopai is a Secret U.S. Spy Base in New Zealand Designed for War-fighting
The news that the Waihopai spy base was going to be built led to the birth of the Anti-Bases Campaign (ABC) in 1987. ABC has campaigned for the closure of Waihopai ever since (our most recent protest there was in 2023).
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DXY is still hugging support: AUD wants to go higher: North Asia too: The golden rocket! Full metals reflation: Miners not so much: EM poor effort: Junk still bullish: Yields are paused: Stocks too: DXY is majorly overbought so some pullback is in order: EUR has overshot too: But there is still room for DXY
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The United Nations Secretary-General António Guterres has said that big polluters have a clear responsibility to cut emissions – or risk a worldwide catastrophe.
Australia’s politicians, economists, the media, and think tanks continually claim that a lack of supply has driven the housing crisis. They also claim that if the nation just built more homes, the crisis would magically resolve. This ‘lack of supply’ reasoning falls apart once you examine the data. It turns out that Australia has one
I remain conflicted. Which might be a good or a bad thing. Or perhaps neither. Others have attempted to muse philosophically in the open press. It usually results in a communications train wreck. The reader is not happy. The author doesn’t really say what they wanted to say. An editor confronts a barren comments section.…
The post I beg to differ… but I might not appeared first on The AIM Network.
A fairly solid session for Asian share markets although Chinese shares and their Australian satellites are trying hard to get back on track. Other equity markets are reflecting the somewhat mixed mood on Wall Street as oscillations around the Fed’s rate cut agenda is pushing USD around again. This time King Dollar is losing ground
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