With the release of the latest data from pollster RedBridge, it was revealed that the Coalition’s share of the primary vote had fallen to just 24% at a federal level. It’s worth noting that over 85% of this poll was conducted before the Coalition abandoned its commitment to ‘Net Zero’ by 2050. The extent to
The Bitcoin bust continues. The Market Ear. Keep it simple BTC continues trading inside the perfect trend channel that has been in place since the puke began. Note the reversals off the 21 day. Source: LSEG Workspace Make or break BTC has traded inside a huge range since last October. 80k is range lows (75k
Former federal Labor MP Craig Emerson has written an article in The New Daily slamming those arguing for lower, more sustainable levels of immigration. Emerson’s main argument is that a strong immigration program is necessary to prevent Australia’s population from ageing: Apart from pointing out the obvious that, other than First Nations people we are
The Greens are right about gas. On Monday, the Greens signalled they would use that leverage to block any mechanism that “financially incentivises” gas production, and declared a levy on LNG exporters the only viable approach to rebalance the market without underwriting new development. Greens resources spokeswoman Steph Hodgins-May said Australia had ample supply and
We have warned repeatedly that the state of Victoria is on the path to financial ruin. Victoria has the highest per capita debt in the nation and the lowest credit rating. The Victorian Auditor‑General cautioned last month that debt, deficits, and infrastructure blowouts pose serious long‑term risks to the state’s financial sustainability. Victoria’s liabilities now
Overnight saw what could be the beginnings of a risk off mood as Wall Street was unable to get moving after the weekend, helped along by a dumping of crypto as Bitcoin made new lows. All eyes are still on the Fed’s December meeting where a rate cut is a given, but overnight saw some
Just when you think it’s safe to dip back into forex markets, the Japanese bond shock returns. At least this time, it is yields, not currency. Helped by the dovish Fed. AUD can’t rise while Japan threatens bond meltdown. CNY remains supportive. Gold senses something is amiss. Metals mania continues. Miners firmed. EM is stalled.
The Albanese government has already ignited the housing market with its 5% deposit scheme for first home buyers. Now housing minister Clare O’Neil is busy spruiking Labor’s Help to Buy shared equity scheme, which launches on 5 December 2025 and is designed to make home ownership more accessible by allowing eligible buyers to purchase a
As a new trading month gets underway Asian equity markets are quite mixed across the region as Japanese inflation and Chinese manufacturing contraction concerns overshadow the potential invasion of Venezuela by the Trump regime. The USD is falling and gold rising among other undollars with chances of a cut by the Fed at its upcoming
The weather vane of financial market interest rate forecasts has swung hawkish following stronger-than-expected CPI inflation prints. As illustrated below by Justin Fabo from Antipodean Macro, financial markets are now pricing a potential 25 bp hike in the cash rate in 2026: The Melbourne Institute’s trimmed mean inflation gauge, which rose solidly again in November,