Metricon Homes CEO Brad Duggan warns that Australia cannot house its growing population, and believes the federal government must adopt a “wartime response” to the housing crisis. Based on current construction rates, Duggan adds that the government’s target of building 1.2 million homes in the five years from mid-2024 will likely fall about 300,000 short.
Alaric DeArment wrote an article in The New Republic in early 2023, where he noted that Americans from marginalised communities were looking to leave because of a rise in gun violence and far right (read Trump’s MAGA horde) politics. He wrote this article not long after he applied for German citizenship through his mother’s side of the family1.
Asian share markets are seeing generally positive results across the board but have been overshadowed by the spike in cryptocurrencies on the latest Trump spewing of verbal diarrhea that continues to evaporate confidence in the USD. Indeed King Dollar is falling against most of the majors with the Australian dollar coming back with a reprieve
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In a November joint statement, Treasurer Jim Chalmers and Finance Minister Katy Gallagher announced that the Future Fund, which is one-third the size of the Australian economy, will be directed to invest in housing, security, and the green energy transition “where possible, appropriate, and consistent with strong returns”. This marked the first time the federal
Move along citizen, nothing to see here. Just a fucking cyclone about to slide sideways into my word cave. Probably on Thursday.
I do like the reserved tone of my weather here.
Every so often the old bastard makes sense. Sadly, he can’t do so with any frequency because Domain profits come with a fatwa against criticism of immigration . The productivity of labour hasn’t increased much because business hasn’t been spending much on labour-saving equipment. Mystery solved. Almost to a person, economists are great believers in
The latest rental vacancy report from SQM Research showed that the nation’s vacancy rate fell to 1.0% in January 2025, down 0.1% from a year earlier. “The sharp decrease in rental vacancies strongly indicates Australia’s rental market crisis is not over and has potentially deteriorated at the start of 2025”, SQM Research noted. SQM Research
Here are some sensible words. NATO Secretary General Mark Rutte told Ukrainian President Volodymyr Zelenskiy to repair his relationship with US counterpart Donald Trump after a public spat at the White House on Friday. …Qualifying the incident as “very unfortunate,” Mark Rutte said in an interview with the BBC that he’s spoken to Zelenskiy twice
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