The Climate Council Australians are being told to look to the Canadian province of Ontario as a case study for why we should embrace nuclear energy. But is Ontario’s nuclear experience really the success story it’s made out to be? Join us on Monday, October 28 at 10:00 AM AEST (join HERE) for a critical…
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Justin Fabo at Antipodean Macro has compiled data from the Australian Bureau of Statistics (ABS) showing that the unemployment rate for recent arrivals to Australia surged to around 8% in Q3, up from around 5% at the trough. In comparison, unemployment rates for other cohorts have risen by only around 0.6% from the trough. Fabo
Never let it be said that the European Union, whose officials self-advertise as staunch defenders of international law, that some bending can take place. Take, for instance, the recent revelations in The Intercept about legal advice sent to the EU foreign policy chief Josep Borrell on July 22 on how to respond to the International…
Blow me down with a feather. Treasurer Jim ” Chicken” Chalmers has snuffed out property tax reform (on a Friday afternoon to bury it): Jim Chalmers has finally killed off consideration of winding back tax concessions for property investors, saying the proposed changes would not do enough to boost supply in Australia’s housing market. After weeks
TSLombard with the note. Here we go again. The US election has a binary outcome for China macro and markets. While both candidates and parties have broadly similar structural positions on Washington-Beijing relations, policies differ widely in cyclical terms. Those differences can be categorized crudely as a Trump victory posing high economic risk but offering
By Stephen Saunders: Democracy seems futile, up against Huge Australia. Not even “extraordinary developments” are likely to budge this Albo-tross. What other tactics are available? Scorning voters, dismissing evidence, the “stakeholders” uphold Copacabana Albanese’s third-world, low-productivity, 80% population-replacement program. I’ve predicted that mega migration will persist irrespective of Election 2025. Only extraordinary developments could arrest
The nuclear debate is afoot: The Australian Energy Regulator says the nation’s coal-fired powers stations are too decrepit to keep running until nuclear power can be operational because it will take eight to 10 years just to establish the regulatory framework for nuclear. But the opposition, which plans to roll out the first of its seven nuclear power
Much has been written about how Australia’s labour market and economy are being underpinned by record government spending, which hit 27.3% of GDP in Q2 2024 and is projected to continue rising. The National Disability Insurance Scheme (NDIS) has become the biggest driver of Australia’s employment growth. As illustrated in the following chart from CBA,
They’re all liars. Dr Chalmers will tell finance ministers that under the Albanese government, inflation has halved. “We’ve recorded faster employment growth than all major advanced economies; real wages are growing again; and our two straight surpluses have helped repair the budget,” he will say. Inflation in Australia has proved to be more persistent than
Last weekend, Victorian Premier Jacinta Allan chose the wealthy suburb of Brighton to launch her plan to take planning control away from local councils in order to create 50 activity centres designated for 20-storey high-rise apartment towers. These activity areas will also include other wealthy suburbs such as Armadale, Hawthorn, Glen Iris, Malvern, and Toorak.
