Australia should look at the case of King Trump’s 25% Canada tariff and worry. The excuses for the tariff—drugs and illegal immigrants—are nonsense. President Donald Trump has repeatedly stated that Canada has allowed “millions and millions” of people to illegally enter the United States. However, with regard to Canada at least, U.S. Customs and Border
We are now just over a month out from the Western Australian state election. The writs will be issued tomorrow, and nominations close next week.
This seemed like the right time to unlock my state election guide for everyone to read. The guide has been an exclusive for members of the Tally Room who sign up via Patreon.
The guide features profiles of all 59 Legislative Assembly races and a profile of the new statewide at-large Legislative Council contest. Read the guide here.
A heroes parade is on for those who predicted the gas crisis. Rod Sims leads us off. Former head of the competition regulator Rod Sims says he has been warning the Victorian Labor government about gas shortages for a decade but was ignored, after wild storms left more than 45,000 homes and businesses in the
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Risk markets took their deep breath yesterday morning in reaction to the Trumpian Trade War but overshot as usual, with some mild recoveries overnight including Wall Street. Currency markets flocked to the USD but have recovered at least half of their respective movements with the Mexican turnaround or stay helping ease the volatility, although the
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The Q4 2024 inflation data from the Australian Bureau of Statistics (ABS) suggested that the Reserve Bank of Australia (RBA) will likely begin cutting the official cash rate at its 18 February meeting. December’s retail sales data from the ABS challenges this view, however. While nominal retail sales in Australia fell by 0.1% in December.
DXY was back but then not. AUD put in an impressive hammer candle bottom. I’m baffled by the reaction of auld lead boots. Oil down, gold up. Commods mixed. Miners meh. EM lol. Junk whacked. Yields hardly moved. An extinction-level asteroid could hurt stocks. Pretty wild pump and dumps on this. Lol, Mexican troops to
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Donald Trump’s “snatch-and-grab” foreign policy rejects the belief in US primacy and exception that was sliding towards a military confrontation with China.
“Show me the incentive and I’ll show you the outcome”. This famous quote was coined by legendary investor and Berkshire Hathaway vice chairman Charlie Munger in a 1995 Harvard speech. Munger’s quote encapsulates a fundamental truth about human behaviour and its impact on business and government. It also applies to Australia’s gargantuan National Disability Insurance
As a tsunami of crocodile tears engulfs Western politicians, history is suppressed. More than a generation ago, Afghanistan won its freedom, which the United States, Britain and their “allies” destroyed.
French Prime Minister François Bayrou has warned that he will use special executive powers to force his government’s contentious 2025 budget through parliament without a vote – a move that is certain to trigger a no-confidence motion...
French PM Bayrou says will force through contentious budget without a vote