Via the excellent Damien Boey at Credit Suisse: Our proprietary measure of the Australian credit impulse has picked up to 5.6% annualized in August, from 4.9% in July, and 4.6% in June. Importantly, the credit impulse is well off the lows we saw at the end of 2018. Indeed, the impulse is running at its
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The new Nissan Leaf offers us the opportunity to go electric on much longer trips and I was really excited to test out our new EV on a weekend away.
Treasurer Josh Frydenberg announced Monday an ACCC investigation into the banks not passing on interest rate cuts. I think the investigation will make a nice addition to ACCC’s bookshelf. They can file it next Rudd’s FuelWatch and Grocery Code of Conduct. The biggest question is whether the investigation is designed to be a distraction from
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Texture from Reuters: Benchmark Dalian iron ore and coke futures slumped more than 2% in late trade on Monday following growing concerns about demand for the steelmaking raw materials, amid China’s renewed efforts to curb pollution by restricting steel mills operations. “Traders have been wary of the impact of ongoing restrictions on steel mills in
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When George Brandis created a very high-paying job as a human rights commissioner to gift to Tim Wilson without any selection process, it raised many eyebrows, not least because Wilson, in his role at the IPA, had been calling for the abolition of the very organisation he was now to join. But that conundrum pales…
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APRA says switch to technologies like batteries, electric vehicles and solar will have largely played out by 2030, and warned of financial risk of ignoring climate change.
Under the Morrison Government’s proposed Religious Freedom bills, what happens when there’s a clash of religious belief? Of all the religions and faiths subscribed to in this vast nation, which freedom will take priority when head to head at the service desk of a hotel, the pharmacist’s counter, or proselytizing on social media? Whose beliefs…
DXY rebounded last night as EUR fell: The Australian dollar rolled over against DMs: EMs were even weaker: Gold has formed a downtrend: Oil reversed: And metals: Plus miners: And EM stocks: Junk did better: Bonds were mostly sold: Not Australia: Stocks held on grimly: Westpac has the evetn wrap: Event Wrap US NY (Empire)
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The Government’s accidental emailing of their confidential talking points is nothing more than a manifesto of how to tell lies, to lie by omission, mislead and generally confuse people. They have nothing to do with providing the public with information about the Government’s progress in resolving issues, or initiatives in progress, or even the introduction…
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That’s the message being given to Australian social science and humanities researchers from the systems of journal rankings adopted in many disciplines.
This point was made to the Senate recently by historians from opposite ends of the political spectrum, Greg Melleuish and Stuart McIntrye, who are more interested in researching and arguing about Australian history than in following Northern hemisphere fads
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Thursday’s Lending to households and businesses release from the ABS revealed that total mortgage lending (excluding refinancings) rebounded strongly in August: As regular readers of MB will know, we consider the flow of housing and investor finance commitments to be premier indicators for dwelling value growth. This view is based on the incredibly strong historical
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Michael Sainsbury last week published an article in Crikey warning that Australia’s universities face an “escalating crisis” as international student enrolments begin to dry up: The Australian university education sector is facing an existential crisis; its reliance on China, for about 30% of crucial international student revenue, is finally turning sour. Chinese enrolments next year
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An enterprising MB reader wrote to Prime Minister Scott Morrison to express anxieties about the national interest loyalties of Member for Chisholm, Glady’s Liu. Liu is on record lying about her senior memberships of Chinese Communist Party propaganda organisations, proudly declaring a fund raising record with dubious and very likely CCP cash, cynically misled the
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We are proud to announce that MB Fund Super accounts now offer personal (Life and Total & Permanent Disability) insurance cover. You can select Life only, TPD only or Life with linked TPD cover. We have spent considerable time in choosing an insurance partner that offers a sound and reliable insurance solution for MB Fund clients.
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