It was called a Budget reply, but the name was meaningless. Peter Dutton’s Thursday night effort was his election campaign pitch. Michael Pascoe reports it did have one good idea – but only one.
Last year, chief YIMBY Peter Tulip claimed that people wanting the government to run a lower (historical) immigration program to ease housing pressures are “misanthropes” that dislike migrants: Peter Tulip was interviewed on Joe Walker’s podcast, where he waxed lyrical on the need to relax planning restrictions and boost supply to solve the housing affordability
International Reading: Trump says US will ‘go as far as we have to’ to get control of Greenland – ABC It’s not just setting Teslas on fire. Now irate Americans are shoplifting from Whole Foods. – Business Insider Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues – AP
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Asian stock markets are having a poor finish to the trading week with most markets down amid noise around more Trump tariff nonsense, while the latest Japanese inflation figures sent local stocks sharply lower. The USD is lifting slightly against the major currency pairs, particularly Euro while the Australian dollar was pushed back below the
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A crime of aggression, under which politicians and military leaders can be held individually responsible for invasions and other major attacks, comes into force at the international criminal court, reviving global legal powers last exercised at the Nuremburg and Tokyo war crimes trials of the 1940s.
Wednesday’s monthly inflation gauge from the Australian Bureau of Statistics (ABS) revealed that housing inflation is falling fast, helping to lower trimmed mean inflation. The annual CPI rental inflation rate declined to 5.5% in February 2025. This was down from the August 2023 peak of 7.8% and the lowest reading since March 2023: New dwelling
Progress towards peace in Ukraine is slow to the point of being imperceptible. Worse, European gas inventories are sharply depleted after a cold winter. ANZ. Europe faces challenges restocking its stores of liquid natural gas following sharp drawdowns over winter. This is likely to increase pressure on the global LNG market. Increasingly tight supplies resulted
The “Stats Guy” Simon Kuestenmacher, is a renowned immigration lobbyist. For years, he has pumped out propaganda supporting a Big Australia. Last year, Kuestenmacher seemingly experienced a Damascus moment, recognising that Australia’s business model is fundamentally flawed and harming the middle class: The Atlas of Economic Complexity, produced by the Growth Lab at Harvard University,