UK sets “shining example” for 2035 targets as COP29 gathers pace. Will Australia match its ambition?
This is funny from The Market Ear Buy everything you can That is Bernstein’s take on crypto. They write: “…add crypto exposure asap, Call us if you need help”. If you had regulatory concerns, the investment bank urges you to “invert your mental mind”. They see BTC at $200k by year end 2025. King of
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Statistics New Zealand released data showing that Kiwis are leaving in droves to escape the worst recession in decades. Annual net permanent and long-term migration inflows fell to 44,900 annually in September, the lowest since January 2023. September saw a net permanent and long-term (PLT) inflow of only 2,310 persons in seasonally-adjusted terms, with the
President-elect Donald Trump is lining up his China hawks. Just days after he won a return to the White House, the outlines of Donald Trump’s foreign policy are becoming clear: squeeze Iran, support Israel, confront China. The expected appointment of Marco Rubio as secretary of state and the naming of combat veteran Mike Waltz to
If we add mining subsidies, it is more $80bn! Prosper with the report. Australian states could capture an additional $14.5 billion in revenue each year by moving to a more flexible royalty model with variable rates that adjust to market conditions. “Australians own the rights to mineral and petroleum resources, but the states as our
Westpac sums it up. In the September quarter, the Wage Price Index (WPI) rose 0.8% (3.5%yr), on par with Westpac’s forecast but a touch softer than the market consensus of 0.9%. It is also below the RBA’s expectation which pointed to a 0.9%qtr rise in both the September and December quarters of 2024. Wage inflation
It appears the subaltern Australian mind is so brow-beaten that, like our American cousins, we are ready to give away our freedoms to would-be tyrants. Constitutional law expert Anne Twomey has warned Labor’s bid to crack down on online misinformation could “all go very wrong”, raising concerns over the outsourcing of censorship decisions to foreign-owned social
What an intellectual mess Chris Uhlmann is. The piece he writes today is so confusing that he should give the NDIS a call. The man charged with delivering Labor’s pledge to source 82 per cent of electricity from wind, solar and hydro power by 2030 says natural gas will be the “ultimate backstop” for keeping
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The latest new car sales data from the Federal Chamber of Automotive Industries (FCAI) showed that sales nationally are trending lower, down 7.9% year-on-year in October. This decline in new car sales has been matched by the fall in motor vehicle registrations this year. FCAI chief executive Tony Webber noted that the industry is “concerned
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Fyodor Lukyanov: This is why Trump’s approach to Ukraine is so differentThe key is understanding how the US president-elect formulates policy, and his background in the business world
Donald Trump formulates his political course using memes. Strategies, programs and action plans are then drawn up by people around him. But the impetus comes from the main character’s pronouncements.
The Market Ear on the runaway Trumpflation. And the winner is When you need proper leverage, you go for the mania 2x. MSTU, 2x MSTR, up some 50% today. Source: Refinitiv The one and only The dollar continues surfing with the DXY printing the highest levels since late June/early July. We outlined our long dollar
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It is best to stop digging when you are in a financial hole. The Victorian government is drowning in debt with the lowest credit rating in the nation. The world’s two largest credit rating agencies, S&P Global and Moody’s, recently warned that Victoria faced further downgrades unless it controls its debt. One year ago, newly
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