In July last year, Stage Three tax cuts delivered the average household $2.200 per annum. These tax cuts have helped support a modest recovery in consumer spending. Perhaps the largest reason why the boost has been so modest, and is falling away fast, is that while the tax cut delivered an incremental gain in income,
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Earlier this year, economist Chris Murphy noted that the historical effective average income tax rate in the first two decades of this century was 23%. Even with stage three income tax cuts worth around $23 billion per year, Murphy warned that bracket creep would lift the average tax rate by two percentage points to 25%
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With a few elections finishing up, I have now made a number of additions to the Tally Room’s data repository.
Australia currently has the highest share of temporary migrants and international students as a percentage of our population in the advanced world. The latest temporary visa data from the Department of Home Affairs shows that there were a record 2,460,000 temporary migrants in Australia (excluding visitors) in Q2 2025. This figure was up a whopping
Friday night saw most stock markets rise including the NASDAQ which put in another record high despite obvious concerns that asset prices are overextended, but traders are betting on forthcoming cuts from the Federal Reserve amongst others in the battle against the Trump regime’s tariffs. The USD was mixed or lower against the majors although
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You are being watched. Not just by a camera or a satellite or a data broker.
But by your smart mirror.Your fitness ring.Your gut biome dashboard.Your digital assistant that noticed you’ve been coughing more lately.
Precision Consumer 2030: Wellness as a Window into YouBY Zakariyas James
DXY was uncertain Friday night. AUD too. Lead boots are stalled. Gold is sniffing Fed capitulation. Oil is sniffing Ukraine peace. Metals are trading DXY. The big bear is intact. EM trying again. But junk stalled. As yields popped, sniffing the opposite of gold. The bubble expands. This week, the big report is the US
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Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
Donald Trump chose Alaska as the place to hold his meeting with Vladimir Putin for two reasons, argues Tiberio Graziani, chairman at Vision & Global Trends - International Institute for Global Analyses:
To assert his administration’s intent to “enhance the US' role as a diplomatic actor”
Putin and Trump May 'Reconfigure the World Order' in Alaska
My new report prepared for Friends of the Earth Australia demonstrates that the development of a nuclear-powered, conventionally-armed nuclear submarine fleet entails multiple public health risks and would inevitably suffer from delays and cost-blowouts.
President Donald Trump and his supporters have turned the US Government into a juggernaut that uses cruel and often immoral and illegal means to amass power and protect and increase the wealth of a select few, notably Trump himself.
Too late
Washington is not going to fund Ukraine anymore, US Vice President J.D. Vance told Fox News on Sunday.
Ukraine’s European backers can buy the weapons from American producers if they want to continue supporting Kiev, and the US will be “okay with that,” Vance added. “But we're not going to fund it ourselves anymore,” he said.
ANZ has a hilarious cash rate analysis today. It has been, and remains, one of the most hawkish forecasters. We expect a 25bp rate cut from the RBA’s 11–12 August Monetary Policy Board meeting. The ‘no change’ decision in July showed the Board does not see itself as under pressure to cut the cash rate
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