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SGX iron ore is sinking again, tracking rebar down: Dalian looks similar A desperado Bloomberg tried to make this a positive: China pledged to step up auditing work this year to ensure that Communist Party officials are enforcing the nation’s major policy initiatives, including stabilizing economic growth, employment and prices, state broadcaster CCTV reported. Auditors

More failed US debt ceiling negotiations pushed risk markets into selling territory overnight on both sides of the Atlantic as the wall of worry was too high to climb. Currency markets fled to the safety of both USD and Yen with Euro smacked down to its previous weekly low while the Australian dollar headed straight

The post Macro Morning appeared first on MacroBusiness.

When I lived in Sydney, I was in the habit of reading The Good Food Guide from cover to cover every Tuesday. Yeah. I was one of those wankers. (Even worse, I wrote for them later).

Being in Brisneyland, I rarely pick it up now, but this piece popped into my newsfeed yesterday.

From May 18 to 21, the meetings of the paramasonic and globalist club Bilderberg were held in Lisbon.

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Sydney’s house price rebound continues to gain momentum, with CoreLogic’s daily dwelling values index now up 4.5% from its 7 February low: Sydney last week also recorded its highest final auction clearance rate (73%) since February 2022: Analysts are now warning that Sydney house prices could rise by 10% this calendar year. “The way things

The post Sydney gears up for mega house price boom appeared first on MacroBusiness.

Prosper’s submission to the Victorian Legislative Council Inquiry into Land Transfer Duty Fees reflects our evolving thinking around the core motivations for the reform.  14 April 2023 Prosper Australia is an independent research institute focused on the management of land and other natural resources through taxation. Prosper was formed over 100 years ago to further […]

Things are not looking up at PricewaterhouseCoopers (PwC), a global professional services firm piratically free in sharing confidential tax information gathered from government clients. Then again, the firm’s expertise is not so much to look up to a principled heaven as down to a tax-proof Hades, buried in the scrambling minutiae of accounting and deception. …

The post Rogues Consultants: PwC, Tax Evasion and Getting Clients appeared first on The AIM Network.

If you were exposed to the last conservative government in Australia, you have just about seen it all. It was like a trip back in time, to a time when the communist scare had legs, when there was no such thing as ‘society’, and crony capitalism took over from the idea that Australia was the…

The post The Opposition – full of grumps and fantasists appeared first on The AIM Network.

The Reserve Bank of New Zealand has been one of the world’s most aggressive central banks, hiking its official cash rate (OCR) by 5.0% since October 2021: Economists expect the Reserve Bank to hike a 10th consecutive time at Wednesday’s monetary policy meeting, which would lift the OCR to 5.50% – the highest rate since

The post Mortgage broker begs Reserve Bank to hold rates appeared first on MacroBusiness.