Olympic organizers have approved a croc-infested river as a venue for rowing and canoeing events at the 2032 Games in Brisbane, Australia, according to local media reports.
Stats New Zealand’s latest migration data revealed that only 10,628 net overseas migrants landed in the country in the year to August 2025. This migration inflow was well below the decade average of 49,000 and around 120,000 fewer than the late 2023 peak. The collapse in net migration has helped drive New Zealand rental growth
Roy Morgan Research has released a survey on mortgage stress, which shows that the lowest share of mortgage holders ‘At Risk’ of ‘mortgage stress’ since February 2023, just prior to the Reserve Bank of Australia’s (RBA) first rate hike. Roy Morgan estimates that 25.9% of mortgage holders were ‘At Risk’ of ‘mortgage stress’ in the
The Market Ear on overheated. Stuck NASDAQ reversed right at the upper part of the range. Note the slightly lower high as we continue trading the range. Despite all the narratives, equities have done little (but produce volatility) since mid September. 50 day comes in at the lower part of the big trend channel. Source:
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In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, examines whether the gold boom is starting to lose its shine — exploring what’s behind the recent cracks in the rally, and whether investors should be taking profits or buying the dip. Join us on Friday, October 24th, 2025, LIVE at 12:30 AEDT. Can’t
It was interesting reading an article from the US news site NPR lamenting the rise in electricity costs, which are growing at twice the rate of inflation. “Across the country, electricity prices have jumped more than twice as fast as the overall cost of living in the last year”, NPR reported. “Electricity prices have been
The Market Ear on the gold rout. As I keep saying, for a safe haven, gold is very volatile. Last time it corrected 30% “What is remarkable about the recent “Gold rush” is not only the magnitude of the move, but also the speed. The only other time in recent history that a similar event
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In the early 2010s, the federal Labor government made the fateful decision to allow liquefied natural gas (LNG) exports from Queensland without requiring gas companies to first supply Australians. Gary Gray, the then-Federal Resources Minister in the Gillard/Rudd Labor governments, claimed that domestic gas reserve regulations cause uncertainty and discourage investment. This pitted the government
In the debate surrounding Australian migration levels, the issue of New Zealanders coming to Australia under the bilateral agreement between the two nations is often brought up. Under a series of agreements signed by the Australian and New Zealand governments, Kiwi citizens have the right to move to Australia and live there indefinitely under the
Kiev and Stockholm have agreed to work on a major long-term arms contract under which Sweden would provide between 100 and 150 domestically-produced Gripen fighter jets, Ukraine’s Vladimir Zelensky and Swedish Prime Minister Ulf Kristersson announced on Wednesday.
The ferrous market remains stalled above $100. Signs of stress are mounting. India is the swing producer for seaborne iron ore at these levels, and it is cutting prices. India’s largest iron ore producer, NMDC, had previously reset the prices of the key raw material of steel on August 1 to ₹6,100 for Baila Lump
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The gas cartel wants Albo to stop it. “APLNG’s position on this is, that while we don’t like interventions, we feel like a major intervention is probably needed, which is to establish an export permit system,” Mr Clark [CEO] said. “If you’re going to export, you should also have to contribute to the domestic market
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EU countries are at odds over how to use a proposed loan for Kiev funded by frozen Russian assets, with some pushing to restrict spending to European-made weapons while others want US arms included, Politico reported on Wednesday, citing sources.