The chair of the government’s National Housing Supply and Affordability Council (NHSAC), Susan Lloyd-Hurwitz, who is a former chief executive of property developer Mirvac, has warned that Australia faces a generational housing crisis. Lloyd-Hurwitz said that while there is no easy fix to the housing crisis, governments “should be building more social housing to take
Why would you invest in Australia? There’s no need. The mass immigration economic model provides topline growth and cheap foreign labour manages your margins. It’s nirvana for the 1%, especially when you throw in the mushrooming cheap personal grooming sector. And so, there is no investment growth in Australia to match the expanding population. From
Earlier this week, Alan Kohler penned an article at the ABC arguing that immigration was the key issue missing from the federal government’s productivity roundtable held last week in Canberra. Kohler noted that “at least 800,000 more people came to live in Australia over the past four years than Treasury anticipated. That’s more than three extra
Cecile Wake is Shell Australia country chair and executive vice president Integrated Gas Australia. She has pumped more industry propaganda at The AFR: This year alone, Australia’s natural gas industry will deliver $21.9 billion in taxes and royalties—on par with the nation’s biggest banks and miners. But this success story is under threat. Queensland LNG
Despite an upwardly revised 2Q GDP print and solid initial jobless claims in the US overnight, the USD continued its selloff with weaker international demand for US Treasuries also not helping. Wall Street rose to new record highs lead by tech stocks again while European shares continue to stumble through the French political imbroglio. The
According to Cotality (formerly CoreLogic), the average home in Australia is now valued at around $1,020,000. This makes Australian housing among the most expensive in the world. Australian housing was valued at 4.14 times the size of the Australian economy in Q1 2025, nearly double its value in the 1990s. By way of comparison, the US
For almost two decades, household formation rates for 25 to 34-year-olds have been tanking. The decline kicked off as the impact of the new ‘Big Australia’ migration intake began dramatically impacting the rental market in the final years of the Howard government. As the ABS chart below illustrates, between mid-2005 and mid-2008, asking rents in
Asian share markets are in a mixed mood that is being reflected by Wall Street futures off slightly despite the better than expected NVIDIA results after the close with European shares also looking to open flat. The USD is losing ground against all the majors again as fears over the loss of independence at the
Paul Keating is ejaculating as Chinese propaganda runs riot. The Australian. “As the Pentagon is now reviewing the AUKUS security pact between the United States, the United Kingdom and Australia, Canberra needs to decide whether it is still ready to push ahead with this US-led project that goes against its own national interests in many aspects,” the
Deutsche this time. Nature of the USD move shifting to a more AUD-supportive one:As we’ve noted, a key reason for AUD’s lack of ‘high-beta’ status earlier in the year (when wer emained neutral), and our later shift to be being more bullish has been the changing volatility or risk context. For the most part, the