Amidst the ongoing debate over the right level of migration into Australia, there have been attempts to dismiss the impact of high migration on housing, with one notable example coming from SBS, which provided readers with a guide on how to counter arguments from Australians concerned about the issue. An absolutely defining part of the
In the fast-evolving Communist self-censorship public forum of Australia, a man has broken ranks with the enforced media consensus. His name is Salvatore Babones, an American sociologist based at the University of Sydney. If being an American was not enough to invoke cancellation Article One, his arguments certainly are. Buried deep in an ashamed AFR is
Deutsche with a wrap of Chinese data: China’s economy activity slowed in July. We estimate real GDP growth droppedby 0.8ppt, to 4.9% YoY in July from 5.7% in June. Leading the slowdown was a sharp drop in fixed asset investment which declined by est. -5.2% YoY across the board, including a notable drop in manufacturing
In the run-up to the 2022 federal election, Labor promised to implement a smaller immigration program if elected. However, as soon as they took office in mid-2022, they convened the Jobs & Skills Summit, which was packed with pro-Big Australia shills, and used it as a pretext to gain a phony consensus to increase immigration
Last week, we witnessed the seemingly extraordinary when the East Coast gas export cartel suddenly turned on itself, demanding the domestic reservation of Aussie gas. But was this really what it appeared to be? Or was it just more of the same corruption that has robbed Australians blind for over a decade? I will let
I have some good news and bad news for you, if you’re an Aussie. First, the good news. Your biggest export, iron ore, is managing to hold up despite a crash in Chinese property of cosmic proportions. The bad news? It is killing the planet at record speed. You’ve probably read lots of headlines about
The AFR is in full panic mode about AI. AI stocks are lifting Wall Street to record highs on what feels like a daily basis, and former Google executive turned author and entrepreneur Mo Gawdat is predicting we are just two years away from a dystopian period that could last about 15 years during which
DXY is still trending up but it’s a struggle. AUD is chopping wood for now. CNY is stalled. Oil and gold meh. Metals meh. Miners bear. EM still OK. Junk too. Yields rose. Stocks eased. No news from the Alaska summit. Societe General has a snapshot of AUD technicals. AUD/USD: UP MOVE LIKELY TO EXTEND
Friday night saw the release of the latest US retail sales numbers with import prices spiking and consumer inflation expectations rising again, getting traders further worried on Wall Street. The USD was on the ropes against all the majors, with oil prices also pushed slightly lower after stalling all week while Treasuries where sold off
The Australian Bureau of Statistics (ABS) claims that international education is Australia’s fourth largest export, earning the country $51 billion in 2023–24. The ABS calculates this fantastical education “export” figure by summing expenditure by student visa holders on tuition fees and goods and services. In 2024-25, the ABS estimated that $30.2 billion was spent by