DXY is suddenly struggling as election doubts surge: Respite for AUD: North Asia got the memo: Is gold an equity now? The Crap Complex buckled. Dirt down: Miners down: EM down: Junk down: The yield curve is flattening out. Enough damage done in the sell off? Stocks think so: It’s not easy to distinguish the
An investigation from the Australian Financial Review’s Michael Read showed that the proportion of taxpayers declaring rental income has fallen over the last decade: As shown above, the share of investors more than quadrupled from 5% of taxpayers in 1980 to a peak of 21% by 2014. It has since fallen to around 19%. The
It has been well documented that Australians are experiencing the longest recession on record following six consecutive quarterly declines in per capita gross domestic product. The household sector has driven this decline in per capita GDP. As of Q2 2024, real per capita household consumption had fallen by 2.4% from its peak. Even worse, real
A red sea across Asian stock markets which have all failed to advance in the wake of the latest BOJ meeting and North Korean sabre rattling, while US stock futures are down despite some solid after hours earnings from tech stocks. Yen strengthened slightly, giving a headwind to Japanese equities while the USD remains tentatively
You know that Australia has left the lunatics in charge of the asylum when its own National Anti-Corruption Commission (NACC) has been embroiled in corruption scandals. When the Royal Commission on the Robodebt Scheme issued its report, the commissioner in charge went to extraordinary lengths to recommend six people to the National Anti-Corruption Commission for
MB has been full of praise for the QLD’s ram raid on coal royalties several years ago. It was marvellously executed super profits tax perfectly timed to reap the benefits of the Ukraine War for the owners of the assets—Queenslanders. Now, BHP wants its royalty rort restored: The boss of BHP has criticised Queensland as
Australian media should be campaigning heavily to evict the Albanese government for three reasons. First, it is well known that of all the per capita recession sectors in Australia, media is suffering as much as anybody. Profits have been decimated. Headcounts are being cut. AI is rushing in. This is because the structure of the
ASIC recently decided to wind down bank hybrids over a number of years. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer Damien Klassen looks at why and what the options are for Australian investors in the income space. Can’t make it to the live series? Catch up on the content via Podcasts or our
Australia’s youth are saved! Why? Because an influential coalition of business, social, and youth leaders is supporting an Australian-first community-led policy forum that will draw on real-life experiences to break the political gridlock and offset widening divisions over changes to address the housing and rental crisis. Paul Bassat, co-founder of SEEK and venture capital fund
Wednesday’s Q3 Consumer Price Index (CPI) results from the Australian Bureau of Statistics (ABS) revealed that housing construction costs are out of control in Perth. As illustrated in the following chart from CBA, new dwelling purchase costs in the CPI increased by 19.1% in the year to September in Perth, compared with just 2.7% annual