The world’s largest commercial real estate group, CBRE, released its Apartment vacancy and rent outlook for Australia, projecting that the rental crisis will last until at least the end of the decade. CBRE expects that median Australian rents will grow by 25% between 2024 and 2029, well above projected CPI inflation. CBRE also projects that
‘Alexander Schramm ‘An aboriginal encampment near the Adelaide foothills’ 1854, Art Gallery of South Australia AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
Goldman has declared DXY at the bottom. USD: That oughta do it. Over the last few weeks, we have written that Dollar underperformance looked overdone, particularly in DXY terms. Many of the factors that weighed on the Dollar through the summer had reversed—our data surprise index has steadily improved, recession concerns have faded somewhat, and
It has been revealed that McDonald’s and its franchisees were paid up to $72 million under the former Coalition government’s Boosting Apprenticeship Commencements (BAC) program to train its staff. The BAC program aimed to help the post-pandemic recovery, but it has come under criticism from Labor MPs, unions, and former staff of fast food companies,
The popular vote is still firmly with Kamala Harris: But swing states have narrowed with critical PA nearly a dead heat: Betting odds still favour Harris: It’s going to be tight. Markets are not priced for Trump.
The post US election race tightens appeared first on MacroBusiness.
AFR wunderkind Mark Di Stefano pretends to care about the housing torture of his generation. But as is the case with so many Millennials et al, the pursuit of change is cancelled when ideology overwhelms sense. In recent days, Matt Barrie has delivered several knockout blows to the national conversation around housing, clearly directed at
Australians are experiencing the longest per capita recession on record, with six straight quarterly declines and seven declines over the previous eight quarters. The OECD’s latest economic outlook reduced Australia’s GDP growth prediction for 2024 to 1.1%, down from 1.5% in the previous edition in May. The OECD also predicted Australia’s GDP would expand by
This is why you need to pay attention to sponsorships like that of gas cartelier Origin Energy of The Grattan Institute. Last year, Grattan unveiled the worst piece of gas cartel propaganda seen in a decade (since its previous worst), when it declared that climate change mitigation depended upon getting households off gas: Australia needs
Not very, in my view. But Goldman offers some scenarios. Brent crude oil prices have risen 10% to $78/bbl since Tuesday as the market reassesses the risk of disruptions to oil production in the Middle East following Tuesday’s strikes on Israel. Under our assumption of no major supply disruption, we continue to expect Brent to
The Market Ear with an outlook I basically agree with based on the unfolding US productivity boom. There is always a (bad) reason to sell But but but timing the market is our job… Koyfin DOW 60.000 The Dow Jones Industrial Average is on course to hit 60,000 by the end of the decade. Yardeni