In recent weeks the issue of AI has been on the Albanese government’s agenda, as the run-up to the government’s “roundtable” on productivity continues. Treasurer Jim Chalmers has thrown his weight behind soft-touch regulation of AI, emphasising that the government’s priority is how it can be used to boost productivity rather than establishing guardrails for
There’s a nice little head and shoulders bottom on iron ore futures that I hope runs for a bit on the broadening melt-up. If we get anywhere near $100, it will be the short of a lifetime. CISA output has well and truly rolled for the year. The base case is for a steep downside
In an article last Monday for the ABC, Patricia Karvelas made the case that demographic shifts in the nation’s electorate would assist Labor in its efforts to tackle the issue of tax reform. “Labor’s timidity may finally be evaporating. The demographic shifts among Australia’s voting base also help Labor. With Gen Y and Z now
The Market Ear with the charts. What a week! “Markets are built to recover, we as humans are built to not trust it” What a week with NDX up 4%, SPX/RTY +3% while US 10YR eased 10bp. This thanks to a rapidly improving macro backdrop, an increased enthusiasm around AI and light positioning. Any way
Stock markets on Friday night pushed to new highs or tried to return to them on both sides of the Atlantic but risk was hit by another Trump temper tantrum as he failed again to actually negotiating a trade deal, this time with the Canadians, still unable to look up the word “concession” in the
Mark Litwin, Head of Investment Sales (NSW) at Knight Frank, penned a report on Sydney’s housing market fundamentals, which are underpinned by “persistent undersupply”. Sydney’s most powerful tailwind remains its chronic housing shortage. Population growth—fuelled by the return of overseas migration—has outpaced dwelling completions for much of the past decade. Detached housing in established suburbs
DXY held Friday night, but EUR is a runaway locomotive. AUD fell and is eating European dust. Lead boots were made for climbing. Gold is in a spot of bother; improving geopolitics outweighs a falling DXY. Metals reflation is go. Another chance to short the world’s greatest bear market. EM meh. Junk stalled. As yields
By Lucinda Jerogin, Associate Economist at CBA Australian CPI inflation surprised to the downside at 2.1%/yr in May 2025. The policy relevant trimmed mean measure eased to 2.4%/yr. As a result,we brought forward our expected timing of the next RBA rate cut to July. News offshore was dominated by geopolitical events as hostilities between Israel
Today we have the auction results for the two biggest markets Sydney and Melbourne, but using a bit of a different approach. When Domain, Corelogic or any number of other property data sources produce their preliminary auction results on a Saturday evening, it perhaps isn’t based on what one would think at first glance. Instead
Today we meet Ted. Almost nobody knows who Ted is. In some ways this is a good thing meaning he can walk down the streets of wherever he lives without having soft fruit thrown at him. But in other ways this may not be such a good thing, seeing as Ted is your shadow