A poll put out by Resolve earlier this month asked respondents to say if they had a positive, neutral, or negative opinion of a list of federal politicians if they had heard of them. What it found was that compared with December last year, Prime Minister Anthony Albanese had seen his standing improve from -17
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The latest rental data from Cotality suggests that Australia’s rental market has tightened. Rental vacancy rates nationally fell to a new record low of 1.5% in October, down from 2.0% 12 months prior. The number of homes listed for rent across the combined capital cities has fallen to its lowest level on record for an
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Another mixed day for Asian stock markets without a clear lead from Wall Street overnight as political machinations and a few central bank speeches within the region. The USD was largely unchanged although some commodity currencies moved higher while gold and the Australian dollar remained steady after holding on to their post weekend gap gains.
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Although I’m not quite sure how much I can offer Mr Zhang’s steel and ironmongery…
The Reserve Bank of New Zealand has slashed the official cash rate by 300 bps to 2.5%. Given New Zealand’s weak economy, which last week saw unemployment and underemployment increase to their highest rate since the pandemic peak, expectations are that the Reserve Bank will deliver additional rate relief heading into 2026. As illustrated below
JPM on the AI data centre rollout. It is large. The global data center and AI build-out will be an extraordinary and sustained capital markets event. Building out global data center and AI infrastructure and related power supplies could cost over $5 trillion in our view, with at least one consultant calling for $7 trillion
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