DXY is breaking down as EUR rises on a peace premium. Premature is what FX does best! AUD to the moon! The AUD short has been squeezed a little. Not enough. Auld lead boots helping out. Gold is shellacked. This is a positioning unwind but also a fear of an outbreak of peace. Imagine if
Australians are continually told that the nation’s housing crisis is a supply issue. We are told that the crisis would be resolved if planning was eased and the nation built more homes. As a result, we are being conditioned for a future of high-rise apartment living to accommodate the projected 13 million extra residents expected
International Reads: Trump’s Tariffs Could Add $20K To The Cost Of Building A New Home – IB Times US inflation report points to impending recession – UnHeard Trump claims Musk has already found ‘tens of billions’ in savings. Even DOGE’s social media accounts disagree – Independent US eggs prices hit a record high of $4.95
Asian share markets are fairly positive across the region although Japanese shares are suffering from a reversal in Yen strength and reports about more tariff diarrhea from the Felon in Chief while currency markets are still in flux but effectively rebuffing the continued trade war. The Australian dollar is now back to its mid January
Another big month for markets. Our international portfolio in particular performed much better than benchmark, up almost 5% for the month, while our growth portfolio was not far behind. Trump: Crash or crash through? Trump has begun an unprecedented attack on the norms of US lawmaking. The scale and scope of the attack
These guys are something else. Origin is an original East Coast gas cartelier, has squeezed NSW to death with Eraring subsidies, has tried to dominate LNG imports, and put competing hydrogen out of business, as well as funding the Grattan Institute to corrupt the energy debate. Origin Energy chief executive Frank Calabria has urged policymakers
Major bank ABS believes that the Reserve Bank of New Zealand will cut the official cash rate by 0.5% at next week’s monetary policy meeting. This would lower the official cash rate to 3.75%, down from last year’s peak of 5.5%. ASB expects two further 0.25% cuts in April and May and a 3.25% endpoint.
In October 2024, it was revealed that Victorian taxpayers paid more than $32.9 million to 102 executives working on the Suburban Rail Loop Authority (SRLA), averaging $322,000 a head. “It seems pretty clear from the annual report that we don’t have a railway line as much as we have a gravy train”, former Liberal Opposition
Gotti is having a baby, which tells you this is a good thing. The Greens will require big banks to offer all residential home borrowers a “homekeeper” loan facility which carries an interest rate of 1 per cent above the Reserve Bank’s cash rate. Investment and holiday home borrowers will not be entitled to the
Australia’s rental crisis appeared to be easing after CoreLogic and the Australian Bureau of Statistics (ABS) reported a marked easing in rental growth. However, the latest rental vacancy data from SQM Research suggests that the rental crisis has resumed. Following a period of rental easing during the second half of 2024, the national vacancy rate