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I’ll show you some Tourette’s

October 9, 2024 - 13:00 -- Admin

Why is our idiot PM on his knees apologising for a joke? Moreover, how do the most toxic few dozen people in Australia get to take the high moral ground? Mocking a disability is no laughing matter. This is absolutely despicable behaviour from @AlboMP. The Prime Minister must immediately apologise to the entire Tourette’s community.

How to genuinely help first home buyers enter the market

October 9, 2024 - 12:30 -- Admin

Investment bank Barrenjoey has called on financial regulators to consider a scheme it argues would give first-home buyers access to cheaper loans and allow them to borrow up to 3% more. In a supplementary submission to the Senate Economics inquiry examining financial regulations and homeownership, Barrenjoey has urged the Australian Prudential Regulatory Authority (APRA) to

Australia’s skilled migration system is a broken mess

October 9, 2024 - 12:00 -- Admin

Australia runs a large skilled migration program. Over the past 20 years, 2.3 million permanent skilled visas have been issued in Australia. Earlier this year, the Committee for Economic Development of Australia (CEDA) released research showing that half of skilled migrants work in overqualified occupations and earn far lower incomes than locals with the same

Dishonest Labor shifts blame on migration blowout

October 9, 2024 - 11:00 -- Admin

In September 2022, the newly elected Albanese government held the Jobs & Skills Summit with the primary objective of accelerating net overseas migration into Australia. Then Home Affairs Minister Clare O’Neil stated that immigration had been the “special sauce in our national story” and called for more. O’Neil stated that Australia needed to shift “away from

Negative gearing scaremongering shifts into overdrive

October 9, 2024 - 10:30 -- Admin

The Australian’s James Kirby has published a fearmongering report claiming that cuts to incentives for property investors that the former government introduced three years ago have given New Zealand the mantle of the world’s worst rental market: “After the NZ government cut tax incentives for property investors three years ago, the volume of investment funds

More China yawnulus

October 9, 2024 - 10:00 -- Admin

A chastened Bloomberg has turned on its master: Ever since President Xi Jinping sought to draw a line under China’s slowdown last month, investors have clamored for him to back up monetary easing with a powerful fiscal stimulus to help fuel one of the nation’s biggest stock rallies in years. But those who hoped to get an

Iron ore mania ends

October 9, 2024 - 09:30 -- Admin

SHFE and SGX converged yesterday: Dalian kept falling overnight after the NDRC stimulus bust: Goldman sums it up: The past week’s China stimulus induced mining sector rally was driven by repositioning and short covering across the metals and the ferrous complex according to our commodity trading team with the second largest weekly increase on record

Macro Morning

October 9, 2024 - 09:00 -- Admin

Fedspeech that rate cuts could be more than 50 basis points got Wall Street back in the game overnight, helped along with potential pullback in Israeli aggression towards Iran. This took the heat out of oil prices but currency and bond markets remain cautious to say the least. The USD remains quite firm, keeping Euro

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