This is amusing. AFR. Treasurer Jim Chalmers has warned that fixing Australia’s flatlining productivity will require a third term of government, as he ruled out accepting every proposal that will arise from a crisis review into the problem that he commissioned before the election. It will take Treasurer Chalmers an infinite number of terms to
The Market Ear on the rally. Mind the gap between the bearish flow and the price Hedge fund bearishness continued this past week with about 1z net selling across regions. HF net leverage also remains quite low – at 2nd %-tile on 12m basis for Eq L/S funds and 30th %-tile on 5yr basis for them.
Remember, gas often sets the price of electricity in the wholesale market, so this debate is immense. The Australian. A sweeping review of Australia’s east coast gas market slated to begin in mid-2025 is shaping up as the economy’s last realistic chance to avert a looming energy crisis that industry leaders say could have widespread
New Zealand’s unemployment rate rose to 5.1% in Q4 2024, up from 4.8% in Q3 2024. In comparison, Australia’s unemployment rate was 3.9% in Q4 2024 (4.1% in March), the widest gap since Q3 2012. The latest SEEK employment also shows that the number of job ads in New Zealand has fallen heavily from the
State and federal government plans to plaster our cities with high-rise apartments will not improve Australian housing affordability and will ultimately degrade liveability. The reasons are simple: constructing apartments is too expensive. Consequently, buyers cannot purchase them at a reasonable price. As Michael Matusik illustrates above, detached houses and townhouses are far less expensive to
The e61 Institute think tank released an analysis showing how baby bonus handed to parents by the Howard government worked to stimulate births, at least initially. In 2004, the Howard government implemented a universal Baby Bonus—$3,000 per child after birth, later boosted to $4,000 and finally $5,000—to encourage couples to “have one for mum, one
Currency pairs respond to geopolitical events like trade disputes and wars. These aspects often shake global economies and encourage different FX pairs to swing dramatically. If you are a forex trader or plan to try out this venture, remember that. A good example of a geopolitical event that has significantly impacted currency pairs is the
Australian dwelling prices have tracked sideways recently after experiencing a bounce following the 0.25% interest rate cut by the Reserve Bank of Australia (RBA) in February. CoreLogic’s daily dwelling values index has reported only a 0.2% increase in values at the combined 5-city level over the past 28 days, with Sydney and Melbourne recording rises
DXY is back. AUD is forgotten. Lead boots are shaky again. Oil is a dead cat. Gold consolidating. Base metals growth no bueno. Big miners caput. EM caput. Junk is nervous. Yields uh oh for dead cat stocks. Dead cat looking lifeless. Current forex dynamics are not complex. If you want to buy dead cat
International Reading: Federal Reserve Rings Every Alarm Bell About Trump’s Economy – New Republic Sanders Raises Alarm Over GOP Crypto Bill Designed to ‘Enrich Trump and His Billionaire Backers’ – Common Dreams Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer – CNBC The Mother Of All Corruption: Trump’s Pension