I’m not going to wade into the usual MSM garbage about the rights and wrongs of El Trumpo’s Venezuelan gambit. Nicolas Maduro was an unpleasant and destructive post-Chavezian leader who has cost his country dearly in tumbling living standards. Minimum wages look terrific under Maduro. Until you discount for inflation. The latest reading, which is
The mild weather sure isn’t saving your current energy bills, which will be going literally through the roof thanks to Albo’s incredibly mismanaged Ukraine War power shock and bill rebates. However, the mild summer weather has triggered hope that a better year is ahead for bill relief. According to this analysis, wholesale prices in NSW
One of the biggest questions for Australia going forward, both socially and economically, is how many additional homes can be built each year. The Albanese government’s National Housing Supply and Affordability Council expects the housing deficit to continue growing until at least mid-2029, if forecasts hold true. However, there is hope that home building may
The latest national accounts, which show the economy grew by just 0.4% and contracted marginally in per capita terms, provided further confirmation of the increasingly significant risk of effective stagflation for the Australian economy. Meanwhile, despite relatively weak headline growth and per capita stagnation, inflationary pressures were resurgent in the first full monthly CPI release
With its great view of fireworks, New Year’s Eve at Williamstown is a robust affair. This year was a bust. Police in every uniform and mounted on every conveyance outnumbered a crowd perhaps 20% the size of last year. Bikes, motorbikes, quads, horses, and jackboots corralled desultory revellers. Reveller in name only. Official violence stomped
Last week’s Cotality’s daily dwelling values index, which tracks home values across Australia’s five major capital city markets, ended 2025 with momentum stalling. At the aggregate 5-city level, Cotality’s daily dwelling values index rose 0.5%, down significantly from the 1.0% growth recorded in November. Today, we get the release of PropTrak’s competing series, which shows
Risk markets will pivot this week on the volatility around the Trump regime’s invasion of Venezuela as 2026 accelerates the new global order of “take what you want around you”. Watch out Cuba, Columbia, Canada and Greenland! Wall Street remains somewhat in holiday mode but will wake up with a bang tonight with stock markets
On Saturday, the U.S. armed forces launched a series of attacks on Venezuela, which culminated in the capture of President Nicholas Maduro. As these events continue to make headlines around the globe, it’s worth exploring why this nation on the northern coast of South America matters in global affairs. Oil And It’s Geopolitical Impact First,
You can lead a politician to gas, but you cannot make him/her use it. After thirteen years of campaigning for a sensible gas regulation regime on Australia’s east coast, MB has again failed to secure anything of substance from Canberra. Indeed, Labour’s late-year gas reservation is barely even a joke of a policy. Why those
2025 turned out to be a banner year in the great steel crash. As of the November data, Chinese output was down 4% year-to-date. With a generous extrapolation for December, Chinese steel output will have shrunk well below one billion tonnes in 2025, approaching 2018 levels. Leading CISA data confirms no late-year rebound for China.