The Deloitte Investment Monitor for the September quarter is out. Releasing the latest edition of the quarterly Investment Monitor report, Deloitte Access Economics Partner and lead author, Stephen Smith, said: “The value of projects in the Investment Monitor database is just under $1.2 trillion in September, which is 7% higher than a year ago. “As
We’ve suddenly lurched from AI is unstoppable to a growth scare as jobs data weakens. The Market Ear. Wishing & hoping & thinking & praying AI mentions on earnings calls have exploded tenfold. Retail traders are back chasing the Mag7. Tech giants are borrowing record sums to fund data centers. For now, optimism is profit
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German arms giant Rheinmetall has reported a surge in operating profit for the first nine months of 2025 and a record backlog of orders, citing the Ukraine conflict and growing EU defense budgets.
Company shares have nearly tripled over the past year on rising demand for military hardware. Rheinmetall produces a wide range of weapons supplied to Ukraine, including tanks, armored vehicles, artillery shells, and ammunition.
The Grattan Institute was at it again this week, claiming that Australia could magically solve its housing shortage if governments only permitted three-storey buildings to be allowed on any residential block in any suburb. “The key problem is that state and territory land-use planning systems say ‘no’ to new housing by default, and ‘yes’ only
The ferrous jaws must close. CIAS output for the last ten days of October crashed 9.8% with steel profitability. CISA steel inventories fell even faster, down 11.8% to 14.63mt. Yet steel could still not get a bid. The MacroMicro series, the source of which is not disclosed, rose in the past week. MySteel data for
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Weak job market signals kicked the DXY rally in the teeth. AUD fell anyway on growth worries. CNY up. Gold is trying to base. AI metals were mixed. Miners popped. EM too. Junk is holding. Bonds rallied after dodgy US jobs data. Stocks are blowing the froth off. Adding to a potential reversal in
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The Australian right is tearing itself apart over net zero. This is so foolish, and the answer is so simple. In fact, the party took the policy to the last election. The only reason this fight is still happening is that the energy transition is failing on affordability. This is giving climate and energy sceptics
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LIFE AND DEATH IS THE ESSENCE OF CREATIVE DESTRUCTION… THIS HAS BEEN THE MESSAGE FROM MR GUS LEONISKY FOR MILLIONS OF YEARS…
Overnight saw the fear around the AI bubble rise again as Wall Street cratered, but also some reality crept in as private job data indicated more job cuts than growth in the US economy as the bite from the government shutdown continues to be felt. Meanwhile the Bank of England held fire in its latest
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Nancy Pelosi, the first woman to serve as the powerful Speaker of the US House of Representatives, said on Thursday that she will not run for re-election to Congress in 2026, ending a four-decade career of a progressive Democratic icon often vilified by the right.
Today's summit of world leaders has made one thing clear - there is a lot of frustration and concern about the direction climate change is heading.
If you only skimmed the headlines from News Corp, you’d be forgiven for thinking China was launching a krill-powered naval strike from Antarctica, staging an electric vehicle blitzkrieg across the outback and forcing Hyundai into some humiliating act of surrender.