US Secretary of State Marco Rubio has congratulated Russians on Russia Day and stressed his commitment to building constructive relations with Moscow for peace with Ukraine.
Last week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS), revealed that real per capita home consumption has been negative for seven consecutive quarters on an annual basis, down 2.4% from its peak. The fall in household spending occurred despite a 1.8% increase in real per capita household incomes in the year
ANZ doesn’t think so. Heightened global trade uncertainty has been driving gold’s rise toward USD3,500/oz. While noise around US tariffs persists,we believe the market will gradually become desensitized to new announcements. As this occurs, macro economic data are likely to take over as the primary catalyst. Market expectations of the level of US tariffs have
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NSW Premier Chris Minns wants to solve Sydney’s housing crisis by accelerating the supply of shoebox apartments. A few weeks back, Minns argued that previous governments had been “timid” due to “the NIMBY [Not In My Backyard] backlash” and claimed the public conversation had shifted to “opening the gates to more urban consolidation and development”. “I
The biggest narrative in world markets surrounds the US. On one hand, the US economy has been growing strongly, is resilient and has seen significant productivity growth. On the other, it is being assailed by a raft of economic uncertainties, from tariffs, to domestic demand, capital expenditure plans, tourism, higher interest rates, higher wage growth
Stats New Zealand released data showing that net overseas migration (NOM) fell to 21,300 for the year ending April 2025, a decline from 90,900 a year earlier. This represented a 2½ year low for NOM, driven by slowing arrivals of non-NZ citizens and elevated departures. “Easing arrivals and strengthening departures of non-NZ citizens and still-sizeable
Following the recent practice bombing of every major Australian city by a nuclear-capable flotilla of Chinese warships, Japan has notified allies that Xi’s coming south in other ways as well. Japan said it observed two Chinese aircraft carriers and supporting warships operating simultaneously near remote Japanese islands in the Pacific Ocean for the first time,
We are approaching the buy-everything blowoff of the rally. The Market Ear. Getting there SPX and NASDAQ both approaching huge resistance area. At least a pause? Source: LSEG Workspace Source: LSEG Workspace That was quick Strongest comeback in 75 years… Source: DB The Russell revival Russell futures continue pushing higher post the break out. The
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The Australian Electoral Commission conducts a two-party-preferred vote in every seat, which is a count between Labor and the leading Liberal or Nationals candidate. In seats where the two-candidate-preferred vote is not Labor vs Coalition, they do the count later. With 35 seats now “non-classic”, the AEC needs to conduct those notional 2PP counts in more and more seats.