Some days I wonder what is going through ALP dills heads. Anthony Albanese has flagged the prospect of Australia sending peace-keeping troops to Ukraine, declaring he is “open” to considering any requests for help. Meanwhile, at home. The Premier of Western Australia has called for a bigger naval presence along the coastline as three Chinese
The Australian Bureau of Statistics (ABS) has released the national accounts for Q4 2024, which revealed that the economy has finally emerged from its longest recorded per capita recession. The Australian economy grew by 0.6% in Q4 2024 and 1.3% year-on-year. In per capita terms, the economy grew by 0.1% in Q4, the first increase
Ben is joined by John Carey to discuss how you design an electoral system for a new democracy – what factors are most important to producing a healthy and sustainable democracy, and how might those requirements change over time?
From Energy Quest, which finally tells the truth. The gas flows south are small compared to the total east-coast domestic demand of about 500 petajoules, but this does not tell the whole story. Southern state gas demand, particularly in Victoria, grows substantially (triples) during winter as there are about 2 million households in Victoria that
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Last year, the electric vehicle (EV) ‘revolution’ hit a wall. Sales of battery electric vehicles (BEVs) stalled in 2024, whereas sales of hybrid vehicles continued to boom. According to the Australian Automobiles Association’s Electric Vehicle Index, only 91,293 BEVs were sold last year, an increase of only 4.7% on the 87,217 BEVs sold in 2023.
Oversold. Definitely. The Market Ear. Huge SPX is trading below range lows as of writing. Note we are below the 200 day moving average (SPX continuous futures), and the 50 day is about to cross the 100 day (inverse cross compared to December 2023). These are longer term moving averages, but we wouldn’t be surprised
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Developers have ridiculed the Minns government’s plan to fix the state’s housing crisis with a Parisian-style medium-density housing blitz. The transport-oriented development (TOD) scheme, launched by the Minns government, allows low-to mid-rise developments within 400 metres of 37 train or metro stations across Sydney. However, industry leaders claim that homeowners band together to drive up
DXY is falling. EUR rising. AUD follows the latter. Held back by CNY. Surely time’s up for oil. Commods meh. Miners meh. EM meh. If spread widen, look out below. Yields held on. Stocks fluctuated. The market is well short AUD again. Options are not the main driver of value, but they are an indicator.
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Wall Street crumbled again overnight as the realisation has set in that the Don in the Oval Office is hell bent on upending the global trade order, as Canada hit back with their own tariffs. The EU is pushing for a near trillion Euro boost in defence spending which sent the Euro soaring against the
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It’s almost as if they think nobody is watching. Cramming more classrooms into existing schools would be necessary to save Victoria’s cash-strapped government billions of dollars on building critical new campuses, according to the state’s peak infrastructure body. Infrastructure Victoria says the state will need to build another 60 government schools in the decade to
Australia’s housing market is heating up following the Reserve Bank of Australia’s (RBA) 0.25% interest rate cut last month and expectations of further reductions this year. As illustrated in the following chart, CoreLogic’s daily dwelling values index has rebounded strongly, driven by Sydney and Melbourne. At the aggregate 5-city level, dwelling values have risen by
