Thank you for the opportunity to provide feedback on the draft strategy. Prosper Australia is an economic think tank working in the Georgist tradition, with a long history of research into property taxation. We wish to raise one major point: the draft strategy lacks an infrastructure funding strategy. The draft recommendations cover several governance and […]
4:05 – Monique Ryan’s projected lead in Kooyong has shrunk from about 900 votes on Monday evening to just 405 today.
4:02 – In Bullwinkel, Labor’s projected lead has grown from 467 to 608 with more absent and pre-poll votes expected and very few postal votes left to count.
The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 0.25% to 3.50%. The reduction means the OCR has now fallen by 2.0% from its peak of 5.50%. On Wednesday, Statistics NZ released the Q1 2025 labour force report, which showed modestly higher employment, with the unemployment rate holding at 5.1%.
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The Australian Electoral Commission has now started publishing three-candidate-preferred counts for some electorates where the final two are not clear. They have published seat-level totals for a series of seats at this page, but these seem to be not quite as advanced as the numbers I’ve seen.
By Ross Elliott from The Pulse: There’s a great line from the comedy show Kath & Kim, where the very suburban Kim expresses her desire to be like affluent city people. “I want to be effluent Mum,” she says. “You ARE effluent, Kim,” replies the equally suburban Kath. The new political geography of affluent inner
This is not good news. The Australian. The EU has unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, a challenge given Europe’s continued dependence on Russian fossil fuels. “Today the European Union sends a very clear message to Russia: no more, no more, will we
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The Market Ear on a possibe bear market. Very extended The 10-day advance/decline line has gotten very extended. Bespoke: “We would not be surprised to see some downside mean reversion soon”. Source: Bespoke Death cross still in place SPX is hitting some sort of short term trend line here. We moved above the 50 day, but are
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I noted on Monday how “Australian households cannot escape recession”, citing the Q4 2024 ABS national accounts figures showing that real per capita household consumption had fallen for eight consecutive quarters. The decline in consumption follows a record 8% fall in real per capita household incomes. The Q1 2025 retail sales figures also fell in
The taxpayer-funded ABC has become one of Australia’s leading propagandists for Big Australia immigration and a high-density future. Check out the garbage below from the ABC imploring Australians to accept high-rise shoebox living as their future, as the federal government crush-loads our major cities with endless mass migration. “All over Australia we are being told
The last thing the world needs is another war. We already have the conflict in Ukraine and the Israel-Hamas war. Now India and Pakistan are on the verge of war. It all began when Pakistani terrorists killed 26 people, mostly tourists, in Kashmir last month, which India blamed on Pakistan. A series of skirmishes ensued
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DXY is struggling mightily still. AUD to the moon! Lead boots grow wings. Oil buy the fact. Metals growth no bueno. Mining dogs. EM meh. Junk hmmm… A little yield relief. Stocks flamed out. Gold has returned to its undollar best. AUD is gold in slow motion. Although gold is only about 7% of the
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Friedrich Merz has been elected as German chancellor following a second Bundestag vote on Tuesday. The leader of the Christian Democratic Union (CDU) had initially fallen six votes short of the required 316-vote threshold earlier in the day, but hours later rallied conservatives and allies in the country’s parliament to win 325 votes.
The Greens’ dream of becoming the ‘third force’ in Australian politics has been eviscerated following Saturday’s federal election. The Greens’ primary vote fell and they lost the lower house seats of Griffith and Brisbane, with vocal housing whinger Max Chandler-Mather booted. As of Wednesday morning, Greens Leader Adam Bandt was trailing Labor’s Sarah Witty 47.3%