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Imported demand squeezes rental market

February 17, 2025 - 11:30 -- Admin

Last week, SQM Research released its January vacancy report, revealing that the national vacancy rate declined to just 1.0%, down 0.1% from January 2024. Commenting on the results, SQM Research managing director Louis Christopher noted that the rental crisis appears to have reignited, potentially driven by a resurgence of net overseas migration. “The sharp decrease

Private ghost colleges ruthlessly exploit visa system

February 17, 2025 - 11:00 -- Admin

According to the Department of Education, a record 1,018,799 international students were enrolled in Australia in the year to September 2024: The table below displays the breakdown of enrolments by type of institution. As you can see, vocational education and training (VET) has experienced the greatest increase in student numbers since 2019, rising from 247,467

Where is the federal government’s immigration target?

February 17, 2025 - 10:00 -- Admin

Last week, ABC’s 7.30 report aired a special on Australia’s housing crisis, which was put together by Alan Kohler. The segment blamed Australia’s housing crisis on a lack of housing supply and tax concessions like negative gearing. The segment also featured renowned pro-mass immigration shills and YIMBYs, the Centre for Independent Studies’ Peter Tulip and

Macro Morning

February 17, 2025 - 09:00 -- Admin

While Wall Street nominally almost made a record close on Friday night it was a very weak finish that reflected a missed retail sales print that showed spending has slowed in the first month of the year. Other risk markets also pulled back and combined with a flurry of central bank meetings this week, trading

The bull market rolls on

February 17, 2025 - 08:00 -- Admin

The Market Ear leads us off. Too much bearishness The AAII bull-bear spread has puked aggressively. Prior instances when the spread collapsed like this led to the SPX squeezing higher. Refinitiv The chase for Europe Largest inflow to Europe in over 2 years. Suckers getting sucked in… BofA They are not early After 8 straight

RBA needs to cut, cut, cut

February 17, 2025 - 00:12 -- Admin

The rotten fish head is back, trying to poison the interest rate pond with politicised garbage. John Kehoe is the stinker today. The decision by the Reserve Bank of Australia board on Tuesday is the most eagerly awaited monetary policy call in many years – both for home borrowers and politicians on the eve of

A Coalition government would rocket house prices

February 17, 2025 - 00:05 -- Admin

Last week, Labor Treasurer Jim Dutton announced that Australia’s financial regulators would be required to loosen home lending rules for millions of Australians with student loans. Under the changes, a borrower’s education debt will be removed from mortgage serviceability assessments if the bank believes the borrower will pay it off in the “near term”. Compare

Auction market bounces ahead of rate cuts

February 16, 2025 - 11:54 -- Admin

Financial markets and most economists believe that the Reserve Bank of Australia (RBA) will lower the official cash rate by 0.25% on Tuesday, followed by three additional cuts this year. The latest Westpac monthly consumer confidence survey noted that “consumers have become much more confident about the prospect of interest rate cuts”. As a result, “house

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