Between 1949 and 1972, Australia’s federal government was controlled by the Coalition, with 17 of those 23 years occurring under the party’s founder, Sir Robert Menzies. This era brought a great many challenges to Australia and the world, as the Cold War and rapid technological progress demanded adaptable leaders and policy heavily focused on the
There is a lot of debate in the media and among economists over whether the federal government should cut the capital gains tax (CGT) discount for housing in the upcoming federal budget. There are also rumours that the government is considering capping the number of homes individuals can negatively gear to two. The CGT discount,
Major General Chris Smith DSC AM CSC teed off at the culture of managerialism affecting military decisions. His thoughts could be applied far more widely than just the military, and he should be applauded. “At the point of definition, those at the other end of your rifle are the enemy, and you are their enemy.
Sydney’s auction clearance rates have trended down over recent weeks, while auction volumes have materially increased. As a result, the growth in Sydney dwelling values have begun to fall. Sydney’s final auction clearance rate fell to 62.4% last weekend, based on 987 auctions. This result was down from 64.1% the prior weekend (from 772 auctions)
The housing finance commitments for the December quarter from the Australian Bureau of Statistics (ABS) showed that the number of investor mortgages issued over the quarter hit a record after jumping by 5.5% over the quarter to 60,445: The value of investor lending also surged by 7.9% over the quarter and 31.8% over the year,
Australia’s universities say they are over-regulated—and the chief executive of Universities Australia (UA), Luke Sheehy, has just secured a promise from education minister Jason Clare to give his members a break. A “better regulation” working group composed of “regulators, university peak bodies, unions and student representatives” will lead the charge in reducing regulation and cutting
International Reading: Days before the national debt is due to hit $39 trillion, President Trump didn’t mention it once during the longest State of the Union ever – Fortune If AI Causes an Office Job Wipeout, It’ll Cause Huge Problems for Blue Collar Work Too – Futurism Trump Administration Provides Biggest Illegal Tax Cuts Yet
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, breaks down the rise of HALO companies — the resilient, pricing-power businesses proving largely “immune” to AI disruption — exploring why they continue to outperform, what protects their economics from technological shocks, and how investors can position around this defensive theme. Watch the episode
The tsunami of auction activity is beginning to weigh on home values in Melbourne and Sydney. On Thursday, Cotality released its final auction results for last weekend, which showed that the national clearance rate declined to 62.0%, down from 63.3% the prior week and 66.1% three weekends ago. The decline in the national clearance rate
Roll the tape. Iron-ore giant Fortescue is speeding up its switch to green iron because CEO Dino Otranto told investors that the Pilbara must help China decarbonise steelmaking in order to stay competitive. Otranto said on the company’s earnings call that work on Fortescue’s Green Metal project at Christmas Creek is going well and that