A mainstay of the Ninefax Pro Population Ponzi lobby, Shane Wright regularly depicts a world of skills shortages, investment crashes due to absent demand, and crypto Marxists proposing radical reform. We have had Shane on in the past, examining his bogus claim that international student numbers have no influence on rents. This week, Shane teed
International Reading: Trump Is Slowly but Surely Killing U.S. Economy, Experts Warn – New Republic Walmart announces 1,500 job cuts after Trump tells US retail giant to ‘eat the tariffs’ – Economic Times Americans favor labor unions over big business now more than ever – EPI The Largest Upward Transfer of Wealth in American History
Risk markets in Asia are somewhat mixed in the last session of the trading week as they absorb the burgeoning bond troubles and the passing of the Trump regime’s tax bill in the House of Reps that looks to enshrine a permanent decline in the US fiscal position. In currency markets, the USD is back
The Albanese government proposes to tax people on gains from any assets kept in their superannuation accounts, beginning with those with a balance of $3 million or more, without indexation. Industry superannuation funds, self-managed funds, investors, business leaders, and even ex-trade unionists have asked Labor to remove the unrealised component of the tax and modify
Melbourne has been the worst-performing housing market among major capital cities since the onset of the COVID-19 pandemic. Between March 2020 and April 2025, Melbourne dwelling values rose by 16.2%, versus 43.3% growth at the combined capital city level. The underperformance of Melbourne’s housing market has seen its median house price fall to cyclical lows
Global bond yield suppression has been a constantly favourable backdrop for equity investors since the 2008 Global Financial Crisis. Every attempt to withdraw support has led to the financial markets convulsing until policy makers are forced to U-turn. So what should we make of recent tumultuous events in Japan? I have always exhorted clients to
Last week, the Australian Bureau of Statistics (ABS) released the Q1 2025 wage price index, which revealed that Australian real wages were tracking at Q4 2011 levels, 6.1% below their Q2 2020 peak: The OECD also released data showing that Australian real per capita household disposable income was tracking 7.6% below its Q1 2022 peak
The Market Ear on a fear that has no modern precedent. When does it start to hurt? GS on the rates rise: 1. Watch 10yr @ 5%: That’s the psychological level where most expect yields to start weighing on equities. 2. But it’s the speed, not just the level: A move above 4.7% before end-May
The Australian Automobile Association has published the Electric Vehicle Index for Q1 2025. The data paints a picture of an industry struggling to gain a foothold, despite generous subsidies and incentives from the federal government (read taxpayers). In Q1 2025, only 17,914 battery electric vehicles (BEVs) were sold in Australia, down 29.9% from 25,552 in
Last week, Cotality (formerly CoreLogic) released data showing that a record 64.4% of homes in Sydney were valued at $1 million or above. This compares to 41.6% of homes valued above $1 million across the combined capital cities. According to SQM Research, Sydney’s median asking price for houses hit $2,040,000 in May, an increase of