Announcing targets is easy. Delivering on them is the hard part. Two years ago, the Albanese government, alongside the states, announced the National Housing Accord, which set a target of building 1.2 million homes over five years from 1 July 2024, equating to 240,000 housing completions annually. This target was always overly ambitious, given that
Caitlin Fitzsimmons, the environment and climate reporter for The Sydney Morning Herald, has written an article challenging the common belief that younger Australians are being locked out of home ownership. While it’s true that people in their 20s are buying later than previous generations, Fitzsimmons points to Census data compiled by the Australian Institute of
Back in 2022, one week after Albo was elected, I rang the gloriously handsome Andrew “Lord” Charlton and briefed him on the incoming gas catastrophe his government faced. Those words fell into oblivion, never to be heard again, and perhaps today we can understand why. The square-jawed man of the people had his sights set
Charts from TME. Skew is a measure of how much investors are worried about the downside versus excited about the upside. Rising skew is bearish. It is rising. The IGV index tracks software stocks. Looks like we’re into a shjort squeeze here. Possibly a bottom. The software selling sure looks like capitulation. Thr shorts are
Australia’s federal budget uses two main deficit measures, and they differ because they treat certain transactions differently—especially asset sales, loans, and off‑budget funds. The headline balance captures all cash flows in and out of the Commonwealth government, including: day‑to‑day spending tax revenue capital spending asset purchases and sales loans issued and repaid equity injections transactions
As usual, this is all sound and fury signifying nothing. Grace Tame has stolen the limelight from the very cause she espouses. She is now on the defensive. “I’m not the story…The story is that Israel stands accused by the International Criminal Court of committing genocide in Gaza, and so far”… “This should terrify us
Australia’s rental market has experienced record-tight vacancy rates and explosive rental growth over the past five years. The nation’s vacancy rate fell to a record low of 1.5% in September 2025 and, as of January 2026, was tracking at 1.7%—well below the pre-COVID level: Cotality’s latest weekly indicators report shows that the number of rental
We all know that the RBA can’t forecast its way out of a wet paper bag. Yesterday, we got a swag of soft data evidence that it has, once again, nailed the top of the economy with a rate hike. The CBA employment tracker continued to show a decline in monthly job creation. 21k per
The Pulse’s Ross Elliott has written an excellent article on the administrative bloat that has engulfed Australia’s planning industry. Elliott notes that lawyers he has spoken with told him “they didn’t really know how many [planning-related] pages of rules and regulations were now in force—just that it would be so many as to be impossible
The ferrous jaws may have partially closed, but a new problem is fast emerging: the price of steel amid weak demand. More profitable steel, or less loss-making steel, means more of it and lower prices, which leads to lower iron ore prices in a rinse-and-repeat cycle. ANZ has a new report that is worth considering