Asian share markets have rebounded into the final session of the trading week with mostly positive sessions across the region as traders seemingly giving up trying to decipher where the battle lines are being drawn in the ongoing trade wars started by Orangus Maximus in the Oval Office. The USD is trying to fight back
Statistics New Zealand released net migration data for January, showing that annual net permanent and long-term (PLT) migrant inflows declined to 32,471, continuing the declining annual trajectory. This is just above the post-2000 historical averages (30,000) but is well below the 135,500 October 2023 year peak. Annual arrivals have stabilised but annual departures hit record
It is one of those marvels of the globe economy. Every so often a great and powerful friend does to us what we should have done ourselves long ago. AFR. Australia’s biggest universities have accused the Trump administration of foreign influence and asked the Albanese government to intervene after local researchers who receive US funding
CoreLogic’s latest monthly house price report shows that Melbourne is now the cheapest major capital city housing market with a median price of $772,561 as of 28 February 2025. Melbourne’s relative affordability follows a value gain of only 8.2% over the past five years, versus a 38.9% increase nationally. Melbourne-based real estate agent Adam Welling
The Australian Bureau of Statistics (ABS) released its estimated count of Australia’s dwelling stock as of Q4 2024. According to the ABS, the number of dwellings in Australia increased by 168,000 in 2024, up from 157,300 in 2023. The Albanese government’s housing target commenced on 1 July 2024 and aims to build 240,000 homes annually
The Q4 2024 national accounts from the Australian Bureau of Statistics (ABS) suggested that households remained in recession. Real per capita household consumption declined for a record eighth consecutive quarter. This followed a record 8% decline in real per capita household disposable income. On Thursday, CBA released its Household Spending Insights (HSI) for February, which
I posted two charts on Thursday showing the monumental task of transitioning Australia off fossil fuels. According to the federal government’s 2024 Australian Energy Update, only 9.4% of Australia’s energy consumption in FY2023 was from renewable sources. The breakdown of energy consumption by fuel source was as follows as of FY2023: Coal: 25.9% Oil: 38.9%
I have long argued that RIO’s treasonous Simandou mine is the Pilbara and QLD killer via crashing iron roe and coking prices. Increasingly, it is also a plain and simple killer of human beings. 13 worker deaths reported at Simandou since June 2023, sources and documents say Some safety guidelines not implemented, according to sources
This isn’t a debate, it is monkey’s throwing poop at each other from pre-determined political positions. News. Hundreds of thousands of householders facing power bill price hikes of up to $200 a year are set to secure more cost-of-living relief in the March budget. But the energy rebate move, which is expected to be unveiled
The Market Ear technicals still say buy! Inverse fear correction VIX is getting “sick” of the SPX move lower. Source: Refinitiv VVIX definitely not buying it VIX is muted, but VVIX is even more muted. Volatility markets showing green shoots of hope? Source: Refinitiv 12th of March = low point & turning point That’s it