The Albanese government’s 5% deposit scheme for first home buyers, which came into effect on 1 October, had the desired effect on home prices. Cotality’s daily dwelling values index, which covers the five major capital city markets, surged by 1.1% in October, driven by Perth (1.9%), Brisbane (1.6%), and Adelaide (1.4%). Over the October quarter,
Last week, a friend asked if I was worried about Chinese “nuclear threats".
I asked where he had heard that.
He showed me his phone.
“WE OPPOSE: CHINA ISSUES NUKE WARNING AFTER AUSTRALIA-US DEAL.”
Kremlin vows response if US violates nuclear moratoriumUS leader Donald Trump earlier said he had ordered the Pentagon to resume nuclear arms trials
Russia will respond “accordingly” if the US violates a moratorium on testing nuclear weapons, Kremlin spokesman Dmitry Peskov has said.
ASEAN is quite a delicate geopolitical entity: gracious, polite and consensual but at the same time, always privileging its “centrality”. The collective 11 Southeast Asians (East Timor is the new member) are very serious global players - with a GDP of $3.8 trillion, and constantly rising.
Renew Economy loves to boast whenever wind and solar generation spike and comprise an oversized share of electricity generation. For example, on 23 June 2025, Renew Economy boasted that wind generation hit a record across eastern Australia: “According to data from GPE NEMLog, wind and solar set a new output peak of 12,563 megawatts (MW)
Asian markets are generally lower as the Trump-Xi summit concludes with some interesting reactions across other risk markets as well to the possibility of a trade deal – but hold the cheese and get ready for another TACO trade! The BOJ held fire at today’s meeting sending the Yen lower while other undollars are trying
The post Macro Afternoon appeared first on MacroBusiness.
It took a while, thanks to that perfidious leasing company we used a couple of years ago, but we finally traded in the Mini (genuinely sad trombone) and picked up the new car: a fully electric Volvo EX30.
In the debate surrounding housing affordability, it is suggested that a politician pushing for lower home prices would be political Kryptonite: a death knell for whatever party they are attached to. This narrative has been repeated year after year, decade after decade, but is it really as politically damaging as the BBQ-side political commentary suggests?
Australia’s housing market has been on a tear, with Cotality’s daily dwelling values index surging by 1% over the past 28 days across the five major capital city markets, the strongest growth rate in two years: The surge in home values follows the most bullish house price expectations in 15 years, according to Westpac’s monthly
The post Is this the end of the house price boom? appeared first on MacroBusiness.
Victoria disease finally has a cure. The state will assist you in shuffling off this mortal coil. Voluntary assisted dying reform has passed the lower house of the Victorian Parliament to applause and embrace. Labor and the Coalition both granted their members a conscience vote. It gave MPs the rare chance to offer – and
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Japan and Korea know how to play the king. Anything Japan can do, South Korea can do better? A day after Japanese Prime Minister Sanae Takaichi laid on the flattery during US President Donald Trump’s visit to Tokyo, South Korean President Lee Jae Myung welcomed him by presenting him with a golden crown. The Korean
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