In recent federal elections, Victoria has represented a stronghold for the Labor Party. The 2022 federal election saw Labor win 24 out of 39 Victorian seats and 54.83% of the two-party preferred vote. However, in the upcoming election, Victoria is shaping up as a problem state for the Albanese government. Poll Bludger shows a 5.4%
I was interviewed by Luke Grant at Radio 2GB/4BC, where I broke down the immense failure of the East Coast energy market, especially pertaining to gas. Below is an outline of the themes discussed. The federal government made the dire mistake of approving export gas terminals out of Gladstone more than a decade ago without
As we know, three Chinese dinghies have taken a pleasure cruise down the east of Australia. In doing so, they cannot, surely, have anticipated such wild success. The hilarity of Australia’s vulnerability to Chinese gunboat coercion grows with each passing minute. One of the cockles can be, and maybe, equipped with nuclear-armed HN missiles. These
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DXY is trending down. EUR up. AUD has flamed out. Lead boots are going nowhere. Oil has priced the end of the war, gold has not. Copper has caught Goldman disease. Big miners are the dogs of dogs. Or maybe that is EM. Or junk! The growth scare is working on yields. Still not enough
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Wall Street finally stopped flailing around while European stocks pushed higher despite more Trump Tariffs, as the EU gets caught in the crosshairs of Putin’s Puppet. While the Canadian/Mexican tariffs are being postponed to April, the EU is going to get hit with a 25% round, possibly sooner particularly on cars and other manufactured goods.
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The most significant information in Wednesday’s monthly inflation indicator from the Australian Bureau of Statistics (ABS) was the sharp decline in housing inflation. As illustrated below by Justin Fabo from Antipodean Macro, the easing in CPI rent inflation continued in January, with rents rising by only 0.3% over the month to be 5.8% higher year-on-year.
Deutsche with the note. We wrote yesterday that our conviction level on the bearish EURUSD view had declined largely on consistent signalling of a more conservative fiscal policy from the US administration than what we had assumed since the start of the year. This is the primary reason behind the recent rally in US Treasuries,
Domain is upset with Peter Dutton. Peter Dutton has made $30 million of property transactions across 26 pieces of real estate over 35 years, making him one of the country’s wealthiest-ever contenders for prime minister as the major parties battle to convince voters they can fix Australia’s housing affordability crisis. Since buying his first home