The December NAB survey has wiped out rate cuts for the time being. Business conditions increased to +9. Business confidence increased slightly to +3. Employment remained stable at 4, which is roughly around the breakeven rate for unemployment. At 83.2%, capacity utilisation is still high. Sales, which increased by three points to a historically high
Cotality’s latest chart pack for December showed that Australia’s dwelling stock was valued at $12.3 trillion at the end of 2025, spread across 11.4 million homes. This meant that as of 31 December 2025, the average value of a home in Australia stood at an astonishing $1,079,000. Not surprisingly, then, Domain’s house price results for the
Fascism has been so misappropriated by the fake left that we should define it before we discuss it. Let’s turn to a source infinitely more accurate than journalists. ChatGPT. Fascism is a political ideology and system of government that centers on strong, centralized power, extreme nationalism, and the suppression of opposition and individual freedoms. In
Economists are debating the merits of interest rate hikes. Expectations of a higher quarterly inflation rate have driven a near 60% chance of an interest rate hike at the Reserve Bank’s meeting next week, keeping pressure on the Albanese government to address the rising cost of living from, most notably, higher electricity prices. …The results
In its first term, the Albanese government inked two migration-related pacts with India, specifically aimed at promoting migration flows to Australia: The Australia–India Migration and Mobility Partnership Agreement. The Mechanism for Mutual Recognition of Qualifications. Last year’s Labor federal election victory sparked celebrations among the Indian population and migration agents, who believed that avenues to
In my experience, there is nothing worse than an academic with a business vision. The academic has neither the real-world nous nor the thick skin to withstand the temptations of greed and dealmaking. There is no better example than the parlous state of the Australian tertiary sector. It has become the kernel of the great
In 2023, Labor MP Julian Hill, who is the Assistant Minister for Citizenship, Customs and Multicultural Affairs, and Assistant Minister for International Education, described Australia’s international education system as resembling a “Ponzi scheme”, accusing agents of misusing student visas by promoting them as cheap work visas with pathways to permanent residency. Phil Honeywood, the CEO
Amidst the ongoing controversy and debate relating to the shooting of two people this month by Immigration and Customs Enforcement (ICE) officers in Minneapolis, Minnesota, Americans have been left bitterly divided over whether or not their actions were justified. To explore this issue in the most fact-based way as related to how it is perceived
In the lead-up to December’s Q2 population release from the Australian Bureau of Statistics (ABS), several key data sets were pointing to rebounding net overseas migration (NOM). First, the Q3 national accounts, released just a few weeks prior in early December, showed that Australia’s population growth had rebounded: Second, the civilian (15-plus) population data released
The ferrous jaws must close! CISA’s second ten days of January output was well below last year. Worse, inventories rise to 16.13mt. This one million tonnes above last year and the prospect of anything but weak restock is all but certain now. The iron ore great pyramids continue to grow. The Steelhome measure is approaching records