I reported last week how Chief Executive and Principal Registrar at the Administrative Review Tribunal (ART), Michael Hawkins, informed Senate Estimates that the ART was being overwhelmed by an “explosion” of international students appealing their visa rejections. Senate Estimates was told that the ART is struggling to process a whopping 46,590 student visa decisions as
The cost of Sydney housing is insane. According to Domain, the median house price in Sydney was $1,751,700 in the September quarter of 2025, up more than $700,000 from a decade earlier. According to Cotality’s latest housing affordability report, the cost of the median dwelling in Sydney was valued at 10.0 times the median household
Its not been all roses and sunshine following last night’s rate cut by the Fed with Asian share markets mixed at best while commodity and currency markets are moving into risk off mode on the escalation in the Caribbean by the Trump regime’s seizure of an oil tanker and some questioning around AI spending via
Thursday’s labour force release for the month of November handed Victoria another unwanted title: the unemployment state. As illustrated in the next chart, Victoria’s trend unemployment rate was the highest in the nation at 4.7%, significantly above the national average unemployment rate of 4.3%: As illustrated below by Alex Joiner from IFM Investors, if you
From the Market Ear: Inverse HS? Is SPX flirting with an inverse HS formation? A proper close above the 6900 area (futures) and things could get squeezy. If November was just a shake out of weak hands, and the trend channel remains the compass, then we have room to push this substantially higher. Russell roaring
The latest Statement of Monetary Policy from the Reserve Bank of Australia (RBA) forecasts the unemployment rate will remain at 4.4% through to the end of 2027. Today, the Australian Bureau of Statistics (ABS) released the November labour force report, which reported that the unemployment rate remained at 4.3% in both seasonally adjusted and trend
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, digs into the great valuation debate — exploring how stretched markets truly are, what’s driving the disconnect between price and fundamentals, and where investors should be most cautious as the cycle matures. Join us when we go LIVE at 12:30 AEDT Take us on
In much of the rest of the world, the month-to-month moves of interest rates by central banks are not something that rates much of a mention around the proverbial equivalent of the backyard BBQ. Yet in Australia, moves in interest rates are monitored as if they were part of the national sporting pastime and a
Stats NZ released migration data for October, which showed that large numbers of Kiwis continue to leave, mostly for Australia. Net migration was only 11,929 in the year to October, down from a net gain of 35,400 in the October 2024 year. The current net migration inflow is a fraction of the circa 130,000 peak in
Amidst the ongoing debate over the future of Ukraine and whether the United States will force peace terms on the war-weary nation, Europe’s leaders are deeply considering ratcheting up the stakes in their ongoing battle with Washington. According to reports from the Wall Street Journal, European governments are considering a drastic step, dumping huge quantities