It’s thrust and counter-thrust in the great rent-seeking debate of our time: The PC has launched its allegedly radical plan to boost productivity via cash flow tax. The Productivity Commission has revealed an ambitious plan to slash the income tax rate to 20% for all but the very largest Australian companies. For businesses earning between
Victoria disease is killing Australia. The malady of permanent Labor governments leading to excessive immigration, falling living standards via the labour market expansion economic model, woke policy fixations, and capitulation to China is fatal in the long run. Alas, the primary symptom of the disease is brainwashing, so nobody can see it, let alone cure
When the RBA released its forecasts for the economy in May, their expectation was that unemployment would rise to 4.3% by the end of 2025 and remain there until mid-2027, the conclusion of the forecast period. With the release of the latest labour force data for June, the nation’s unemployment rate arrived at 4.3% quite
Bear season starts with a bang. The Market Ear. Average August angst Nasdaq closing below its 20 day moving average for the first time since April. The last time the Nasdaq 100 QQQ fell 2%+ on the first trading day of August was… last year. The QQQs actually fell 2%+ on each of the first
S&P Global has advised the Victorian government that its credit rating will not be downgraded from ‘AA’, as it has been assured by the government that it will “control operating costs ahead of the 2026 election, deliver promised cost savings, and slow growth in debt”. However, S&P noted that the Victorian government’s financial management has
While most of Labor is lost on Planet Gaza, Jenny George is focused on what matters. From The Australian: The government’s review of gas markets is timely as the interaction of our domestic and export markets is dysfunctional. LNG is exported without regard for our domestic needs. We’re the second-largest exporter of LNG, yet facing domestic gas
Goldman with the note. For much of the week, our Dollar views were on the wrong side of market moves, but the substantial revisions to the employment situation should, in turn, revise the emerging narrative that the FX reaction to tariffs has changed again. On the tariff narrative, we see three key aspects to our
Well that was an interesting Friday night with the much anticipated non-farm payroll AKA US unemployment print shocking to the downside, with further revisions to prior month prints finally revealing the impact of the Trump regime’s tariff on the domestic economy. Coupled with the passing of the August 1st tariff “deadline” and King Trump spitting
I believe that the video-sharing platform YouTube is one of the greatest educational tools available. I use YouTube daily to solve a variety of problems and learn information. My 14 year-old daughter has used YouTube ‘How-to’ videos to learn arts and crafts, solve maths problems, fix her phone and computer, learn about history, learn how
Prominent Sydney real estate agent and auctioneer Tom Panos believes that Australia is moving into a “seller’s market” following a series of highly successful auction weekends. “We’re definitely moving towards a sellers market”, Panos said in his weekend market wrap on YouTube. “It’s not quite there yet, but when you’re getting 100% out of 100,