Prime Minister Anthony Albanese has launched a new propaganda campaign promising to make Australia a strong manufacturing nation again. Albo’s promise comes as Australia’s dying manufacturing sector has shrunk to a record-low 5% of GDP. “Prime Minister Anthony Albanese has vowed to make Australia a manufacturing powerhouse again amid warnings from business leaders that local
The Coalition has long been accused of having a “women problem”: an inability to effectively engage with the nation’s female voters and identify key issues that resonate with this demographic. In terms of the hard data, the Coalition has been underperforming with women relative to men for over two decades. According to the ANU Election
The Market Ear says blowoff. NASDAQ – doing what it does best NASDAQ continues trading inside the perfect trend channel that has been in place since May, continuing to do what it does best: Consolidating, breaking above it, ripping higher. Buying the 50 day remains simple but profitable… Source: LSEG Workspace SPX loves it SPX
The ferrous market is in a period of comprehensive excess that cannot last. Even AI can read a broken ferrous market now. Record-high Chinese iron ore imports in recent months create a disconnect with domestic steel production trends. While import volumes surge, steel mill output faces restrictions from profitability constraints and government-imposed production limits, indicating
Another gas reservation flag has gone up the pole today. The Albanese government is considering introducing an energy policy spanning the entire east coast that prioritises volumes of gas to the domestic market through a baseline credit system in a potential fix to ease fears of local supply shortfalls. Officials from the federal government have
Friday night saw the release of the latest inflation figures in the US which came in relatively soft given the tariff push on consumers and importers, but it opens the door for a probable “safe” cut from the Fed in its upcoming meeting. Further talks between the Xi and Trump regimes on rare earth exports
Late last week, The AFR published two articles by the same author on the same day that neatly encapsulated Australia’s housing farce. First, reporter Luke Kinsella noted that all states were falling short of their agreed National Housing Accord targets, which nationally “fell 66,000 homes short of the 240,000 required to keep pace with the
Last week saw Australia’s housing minister, Clare O’Neil, launch a propaganda campaign to distract voters from Labor’s housing failures. First, O’Neil tweeted that Labor that “for the first time in a decade, new homes are being built faster”, and that Labor is making homes more affordable by building more of them. O’Neil’s propaganda came as
By Lucinda Jerogin, Associate Economist at CBA: It was a quiet week in Australia with a dearth of data releases. News offshore was dominated by trade headlines as US-China tensions flared and subsequently cooled. The US Government shut down continued. Next week locally all eyes will be on the all-important quarterly CPI ahead of the
DXY is not going away. AUD is at the top of its recent range. CNY has given up the ghost. Gold is still vumnerable in my book. AI metals to the moon. Rio is the chosen one. EM breaking higher. Junk is back at the core but not the periphery. Yields stalled on oil. Stocks