"The stakes could not be higher," a senior UN official told reporters ahead of the UN Climate Summit in New York. Heavy flooding, drought and ever longer heatwaves are just some of the extreme weather events that have battered communities over the past summer alone.
Queenscliff, Victoria AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
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Brazilian President Luiz Inacio Lula da Silva has urged his US counterpart Donald Trump to act with greater responsibility on the world stage, warning that Washington should not see itself as “the emperor of the world.”
Belinda Allen, CBA’s Head of Australian Economics, believes that the probability of further rate cuts has slimmed amid stronger domestic economic data and stubborn inflationary pressures. Markets are effectively pricing no chance of a cut in September following the stronger August CPI indicator. November market pricing has also shifted from a 70% probability to around
With the release of the latest Westpac – Australian Chamber of Commerce and Industry (ACCI) survey on Industrial Trends, a concerning divergence has emerged between economic expectations and actual performance across a wide array of different metrics. Over the nearly 30-year scope of the Westpac-ACCI index, the actual assessed performance has tracked the expected performance
Three or four times a week I drive past a barbecue joint on the edge of the Gabba, tucked in under a freeway on-ramp, as all of the best barbecue joints in the world are. I’ve always meant to get in and check it out, and with Sir Havoc visiting Brisbane yesterday, I finally achieved my dream.
Earlier this month, Ex-NSW Senior Trade and Investment Commissioner for Japan and Korea Michael Newman lambasted the size of Australia’s bureaucracy, claiming we had one of the world’s largest number of public sector workers per head of population. Newman claimed that Australia has 140 public servants for every 1,000 people. By comparison, Japan has 38 per
In this week’s podcast, we are unpacking the economics behind the data centre capex boom—where the money is coming from, where it’s going, and what kind of returns investors can expect. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at
As infighting within the Liberal Party continues over the party’s leadership and its stance on Net Zero, things continue to deteriorate. Electoral demographics continue to shift against them, as the proportion of people living in rented homes increases and their strongest established base of support passes away. According to sources within the Victorian Liberal Party,
Neither politicians nor supporters of a Big Australia immigration policy acknowledge the significance of water. Several reports have warned that Australia will face chronic water shortages and rising water prices as its population grows by millions, due to persistently high immigration. Infrastructure Australia’s 2017 modelling predicted that household water bills would quadruple over 50 years
