The fake left might be the single most evil entity since WWII. For years, I have tried to make the fake left see reason on gas. We need it for the energy transition. But we don’t need it from a monopoly cartel that drives electricity prices mad. The worst offender on this front is Melbourne
The Greens and the Coalition have become strange bedfellows on building-to-rent (BTR) housing. Earlier this month, Coalition spokesman on homeownership, Andrew Bragg, cautioned against BTR, warning that it would “put Australia on a path to emulate the US’s corporate housing model”. “We do not want to emulate the American corporate housing model. We want people
Victorian Premier Jacinta Allan’s grovelling tour of India continues, with Allan telling the International Education and Skills Summit, one of India’s largest events for the industry, that she wants more Indian students coming to Victoria: “Victoria is Australia’s number one destination for international students and the number one destination for Indian international students, and we
MB Radio is thrilled to bring you an exclusive interview with your Prime Minister, Honest Albo:
The post MB Radio: Honest Albo exclusive interview appeared first on MacroBusiness.
And so begins another systematic chase of the highs. The Market Ear has more. Typically rally As overnight futures trading strong, it is worth remembering that equities typically rally following the first Fed cut if no recession Goldman 100% The Fed has cut rates with stocks near all-time highs 20 times. The S&P 500 was
SHFE is flat and SGX rose: Mad Dalian is back: Coking coal less so: The rally has very weak underpinnings: …inventories of imported iron ore held by 64 Chinese steelmakers dropped by 0.4% from the prior week to 10.9 million tons as of Sept. 18, Chinese consultancy Mysteel said in a note, attributing the
Breakouts galore across all risk and equity markets in the wake of the “surprise” 50bps rate cut from the Federal Reserve as Wall Street hits a new record high and the USD is sold off resoundingly. The S&P500 hit a new record high with the NASDAQ not far off, spurred by foreign buying as recovered
The Australian Bureau of Statistics (ABS) released demographic data for the March quarter of 2024, which revealed that net overseas migration (NOM) has blown way past the May federal budget’s projections. Australia received 133,800 net overseas migrants in Q1 2024, which was the third-highest quarterly volume on record: The May federal Budget projected 395,000 NOM
I have repeatedly labelled the 90-kilometre Suburban Rail Loop (SRL) the worst infrastructure project Australia has ever seen. This project was the thought bubble of former Premier Daniel Andrews announced in the lead-up to the 2018 State Election. The full three states of the SRL were initially announced to cost $50 billion, but the cost
Earlier this month, the chair of Australia’s National Housing Supply and Affordability Council, Susan Lloyd-Hurwitz, attacked the federal government’s international student caps and downplayed their impact on the rental market by citing spurious Student Accommodation Council (SAC) report. Caps on international student numbers would likely have “very little effect” on housing supply, according to Ms