Progressive think tank Per Capita has released a report criticising the low wage growth experienced by young Australians, which has prevented them from purchasing a home. Per capita claims young Australians have suffered from a “lost decade during which real wages barely grew”. At the same time, home ownership rates for younger Australians collapsed. “In
I’ll be speaking at an event next week in Sydney as a preview for the federal election.
The event is hosted by my employer GovConnex along with FTI Consulting.
We’ll be previewing the election and discussing prospects for a possible hung parliament. There will be an opportunity to ask questions followed by drinks.
Tickets are free but there is limited capacity and I expect the venue to fill up.
The event will be at the Mint in Sydney from 5:30pm on Thursday April 10.
The gas goons are on the run. Reuters. At a conference in Sydney, Australian executives of Shell (SHEL.L), opens new tab , ExxonMobil and Chevron (CVX.N), opens new tab pushed back on the coalition’s proposal, arguing more government intervention would hamper the development of gas supply. These people are like a broken record. They will do as they are
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Last year, an Instagram video of a migration agent instructing rejected student visa holders how to appeal their decisions to the Administrative Appeals Tribunal (AAT) went viral. The video was deleted after a public backlash, but not before I transcribed its contents. Below is what the migration agent said via video: “What I have heard
The jaws are back as steel falls while iron ore rises. MySteel sparked the rally. “A further increase in the hot metal output at Chinese steelmakers lent some support to the prices of imported iron ore last week,” said Chinese consultancy Mysteel. Hot metal production in March continued to increase by 10,200 tons to 2.3728
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The Q4 2024 national accounts from the Australian Bureau of Statistics (ABS) showed that Australian households remained trapped in recession. As illustrated by the blue bars below, real per capita household consumption declined for an eighth consecutive quarter in Q4. The decline in per capita household consumption followed an even steeper decline in incomes. As
The Australian Made Campaign has welcomed additional funding of $20 million in last week’s federal budget. Amongst other things, this funding will allow the organisation to launch a new campaign to encourage more Australians to buy locally made products, and assist more local manufacturers and producers to obtain Australian Made certification. “This level of support
Volatility was relatively low on risk markets overnight as traders await the real April Fool’s Day as the Trump Regime’s “Worldwide Shoot Ourselves in the Feet” tariff deadline draws near. Wall Street filled some short positions and rebounded alongside European stocks but it was relatively modest while the USD held against Euro, Yen and Pound
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DXY is holding on as Liberation Day passes. AUD firmed. Lead boots are heavier. Oil and gold stalled. Base metals are pointing at a hard landing. Big miners, big bears, plod on. EM meh. Junk funk not funky enough. But bonds bid. Aiding stocks, which rose moderately. US JOLTS were Goldilocks without showing much harm
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THE WESTERN WORLD (OLD EUROPE AND AMERICA) IS IN A FLUX WHILE TRYING TO PRESERVE ITS PERCEIVED HEGEMONY OVER THE REST OF THE WORLD. THE END OF EMPIRES IS NEVER PRETTY. NEW DECEPTIONS WITH SLOGANS SUCH AS "MAKE AMERICA GREAT AGAIN" AND THE VISCERAL EUROPEAN HATRED OF RUSSIA — AKIN TO ANTI-SEMITISM GOING BACK TO THE DAYS OF MARTIN LUTHER — ARE USED TO MASK THE GREATER DESIRE TO OWN AND CONTROL THE HUMAN PLANET...
Regardless of which party wins the upcoming federal election, a match will be lit under Australian house prices. Labor Treasurer Jim Chalmers announced in February that Australia’s financial regulators will be required to loosen home lending rules for millions of Australians with student loans. The changes will mean that a borrower’s student debts will be
