In its first term, the Albanese government inked two migration-related pacts with India, specifically aimed at promoting migration flows to Australia: The Australia–India Migration and Mobility Partnership Agreement. The Mechanism for Mutual Recognition of Qualifications. Last year’s Labor federal election victory sparked celebrations among the Indian population and migration agents, who believed that avenues to
In my experience, there is nothing worse than an academic with a business vision. The academic has neither the real-world nous nor the thick skin to withstand the temptations of greed and dealmaking. There is no better example than the parlous state of the Australian tertiary sector. It has become the kernel of the great
In 2023, Labor MP Julian Hill, who is the Assistant Minister for Citizenship, Customs and Multicultural Affairs, and Assistant Minister for International Education, described Australia’s international education system as resembling a “Ponzi scheme”, accusing agents of misusing student visas by promoting them as cheap work visas with pathways to permanent residency. Phil Honeywood, the CEO
Amidst the ongoing controversy and debate relating to the shooting of two people this month by Immigration and Customs Enforcement (ICE) officers in Minneapolis, Minnesota, Americans have been left bitterly divided over whether or not their actions were justified. To explore this issue in the most fact-based way as related to how it is perceived
In the lead-up to December’s Q2 population release from the Australian Bureau of Statistics (ABS), several key data sets were pointing to rebounding net overseas migration (NOM). First, the Q3 national accounts, released just a few weeks prior in early December, showed that Australia’s population growth had rebounded: Second, the civilian (15-plus) population data released
The ferrous jaws must close! CISA’s second ten days of January output was well below last year. Worse, inventories rise to 16.13mt. This one million tonnes above last year and the prospect of anything but weak restock is all but certain now. The iron ore great pyramids continue to grow. The Steelhome measure is approaching records
Its all about the structural “off-America” risk trade with the US dollar index now down to a four month low with the Australian dollar making another new high as it surged through the 69 cent level at the start of the trading week. Gold and silver surged again while Wall Street kept hope alive as
DXY is fast approaching critical support. If it breaks down, and why not, given it is now a measure of the madness of the POTUS, then all bets are off on everything. AUD is more than the mirror image. Supported by rate hike fever and the roaring JPY. Rushing past the plodding CNY. Golden parabola.
Labour force data released last week by the Australian Bureau of Statistics (ABS) showed that the nation’s official unemployment rate eased to a seven-month low of 4.1% in December. The result compared with 4.3% in November and economists’ expectations that unemployment would rise to 4.4%. The latest Statement of Monetary Policy (SoMP) from the Reserve
Australia’s housing market is an unmitigated disaster on almost every metric. Cotality’s latest housing affordability report showed that dwelling values relative to household incomes were tracking at a record high of 8.2 in the September quarter of 2025: The ratio of mortgage payments to household income was tracking at a near record high of 45.0%