The purported “crackdown” on international student numbers has failed to dampen numbers, with new Department of Education data showing record enrolments and commencements in the year to November 2024. As the following chart illustrates, there were 1,081,300 international student enrolments as of November 2024, up 120,454 (12.5%) from the previous record set in 2023. International
Much of the Western world is deindustrialising to meet ‘net zero’ emissions targets. For example, the United Kingdom’s strong restrictions on fossil fuel energy consumption have raised energy prices, causing sharp contractions in all energy-intensive businesses. The same deindustrialisation is taking place in Germany, which has imposed similarly harsh “net zero” rules. Australians are also
The election would be over if Peter Dutton applied domestic gas reservation in the east. Everybody supports it. Instead, he’s going to apply nothing whatsoever. The Australian. The Coalition will demand gas producers commit to prioritising supply to the domestic market in return for approving a “bucket load” of new projects, with a particular focus on
More bad news for the private economy as the true state of weakness is now hitting capex intentions. The first estimate for 25/26FY is up only 1.8%. Much of that is mining at 3,6%. Everything else is stalled out at just 0.9%. These are much lower estimates versus year-ago levels. The lunatic RBA is expecting
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Having already hypothetically destroyed Canberra, Sydney, Melbourne and Brisbane with nuclear-armed HN missiles, the tiny “flotilla” of Chinese vessels is moving to annihilate Adelaide. The federal government is preparing for a flotilla of Chinese warships to circumnavigate Australia in coming days, as Foreign Minister Penny Wong accused the Coalition of “beating the drums of war”
NATO Secretary General Mark Rutte on Thursday said western allies are preparing “billions more in aid” and working on security guarantees for Ukraine following a talk with US President Donald Trump. Rutte’s comments came as Trump met with UK Prime Minister Keir Starmer in Washington. Follow our liveblog for all the latest developments.
The latest US initial jobless claims number spiked overnight and combined with more senseless tariff threats from Trump including doubling down on China saw volatility hit Wall Street hard as all the post election gains were wiped out, taking European stocks lower as well. The USD is pushing back against the undollars with new daily
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European Commission President Ursula von der Leyen arrived in India on Thursday, aiming to strengthen commercial and diplomatic ties with the world's most populous country.
The Reserve Bank of Australia’s (RBA) 0.25% interest rate cut and expectations of more easing have delivered a strong rebound in Australian home prices, driven by Sydney and Melbourne. After declining for three consecutive months, Australian dwelling values recorded a 0.3% increase in dwelling values across the five major capital cities in February, with each
Ben is joined by Stewart Jackson and Andre Brett to discuss which seats might fall when the Labor vote in the WA state election recedes from the high levels reached in 2021, and how the minor parties might perform under the new Legislative Council electoral system.
The Market Ear with more. Fear mania CNN’s greed/fear index entered extreme fear yesterday. This much fear has mostly been followed by the market bouncing. Source: MacroMicro Bulls in hibernation Massive downtick in AAII bulls. Source: Refinitiv Bear mania Huge move higher in bears according to the latest AAII sentiment survey. Source: Refinitiv Imminent upside
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