South Australian Premier Peter Malinauskas let the veil slip last week, claiming in a talk to CEDA that Australia needs high inflows of migrants from poor developing nations to wipe elderly Australians’ bums: “My message to One Nation voters is: who’s going to feed you and bathe you and wipe your bum when you’re 90,
Since the end of 2019, Australia has recorded the strongest net overseas migration (NOM) in the nation’s history, with 266,000 net migrants arriving annually, including the Covid-19 border closures: According to Shane Oliver at AMP, Australia’s cumulative housing shortage is tracking somewhere between 200,000 and 300,000, depending on assumptions about the number of people per
Former Treasury official turned director of Macroeconomics Advisory, Stephen Anthony, is one of the few economists who understands the pitfalls of Australia’s transition to an all-renewable energy future. Anthony penned an article in the Daily Telegraph warning that the foolhardy push to close down Australia’s stable, baseload coal power for intermittent, weather-dependent renewables will drive
Iron ore futures have been on a significant sag in Singapore over the Chinese Lunar New Year break. Chinese markets reopen tomorrow, and we typically see a bounce in ferrous prices after the holiday. That said, I am looking through it this year and holding my shorts. The market is fundamentally weak with far too
Last week, the Australian Bureau of Statistics (ABS) released wage data for the December quarter, which revealed that real inflation-adjusted wages fell by 0.3% in 2025, tracking at the same level as December 2011. The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy also projected that real wages won’t recover over its forecast
Anthony Albanese is a renowned backroom bovver boy. He doesn’t care about policy or the country. He cares about power and keeping his side in charge of it. And boy, is he on a winner with One Nation. As noted last week, ON is now destroying the opposition LNP at the state level just as
The US Supreme Court ruled on February 22, 2026, that Donald Trump’s International Emergency Economic Powers Act’s tariffs were invalid. This includes the “reciprocal” tariffs and those imposed on Canada, China, Mexico, and other countries under different emergency declarations. Not long after the decision, President Trump announced a 10% “global tariff” under Section 122. But
With the resignation of former Liberal Party leader Sussan Ley from federal parliament, the newly minted leadership of Angus Taylor has been well and truly thrown in at the deep end. Following Ley’s resignation, there will be a byelection in her former seat of Farrer. Once, it was a blue ribbon safe seat for the
Thursday’s labour force data from the Australian Bureau of Statistics (ABS) has put the Reserve Bank of Australia (RBA) under more pressure to hike interest rates. Australia’s headline unemployment rate remained at 4.1% in January amid solid employment growth of 17,800. The number of hours worked also rose by a solid 0.6% in January. As
Australia’s auction market has continued to fade following the Reserve Bank of Australia’s (RBA) interest rate hike this month. According to Cotality, the national preliminary auction clearance rate declined to 68.0%, down from 70.7% last weekend (revised to 63.3% on final numbers) and 73.7% two weeks ago (revised to 66.1% on final numbers). This weekend’s