Camp Sovereignty Media Release Mark Regev, former senior adviser to Israeli Prime Minister Benjamin Netanyahu and Australian citizen, has been served with charges of advocating genocide. The next hearing will take place at the Victorian Magistrates’ Court on 10 December 2024. The case, initiated by Krautungalung Elder and human rights advocate Uncle Robbie Thorpe, accuses…
Perth has experienced explosive house price growth since the beginning of the COVID pandemic. According to PropTrack, Perth dwelling values have surged by 79% since March 2020, driven by an 83% rise in house values. Separate dwelling value data from CoreLogic shows that Perth dwelling values continue to lead the nation, rising by 0.8% over
The post Bad news for Perth home buyers appeared first on MacroBusiness.
Wednesday’s Q3 national accounts release from the Australian Bureau of Statistics (ABS) revealed that real per capita household disposable income fell by 0.6% over the quarter to be down 2.0% annually. The result suggested that Australian households banked rather than spent the Stage 3 personal income tax cuts. Two pieces of data released on Thursday
There’s nothing like McKinsey blowing smoke at the AFR. McKinsey blamed stagnating national productivity and weaker real incomes on two key trends. First, the non-market economy, such as disability support, aged care and the public service, has had no productivity improvement for 20 years. These government-dominated industries are growing at almost triple the pace of
And the gas debacle deepens. AER board member Lynne Gallagher said the regulator’s analysis suggested APA can exercise market power over the supply of services on the pipeline, but that the ruling also considered the power of major users and the potential for customers to substitute the services they receive on the line in the
There was some moderately positive news this week, with the Australian Bureau of Statistics (ABS) reporting that dwelling approvals continue to trend higher after bottoming in January 2024. As illustrated below, both house and unit approvals have lifted and are up 4.2% and 9.8% through the year. In October, 15,069 dwellings were approved for construction
“Time to come back:” Zhengrong Shi’s Sunman unveils plans to make flexible solar panels in Australia
Labor has turned the economy into a circus freak show. There is no other explanation for eight out of nine quarters of falling per capita GDP. Labor’s loons are a world-beating growth-stopper. At their head is General Albotard: The Man with No Brain. Who doesn’t know his economic arse from his elbow. The second act
The post Roll up for Labor’s economic freak show appeared first on MacroBusiness.
DXY is hacking its way through more serious timber. AUD is off the lows. Aided by North Asia. Oil needs to be $10 lower. I think we’ll get there. Dirt meh. Miners meh. EM meh. Junk meh. Looks like Treasuries are setting up for US jobs disappointment. Which stocks will love. Goldman on the NFP
The post Australian dollar looks up to US jobs appeared first on MacroBusiness.
