The Reserve Bank of Australia’s (RBA) 0.25% interest rate cut and expectations of more easing have delivered a strong rebound in Australian home prices, driven by Sydney and Melbourne. After declining for three consecutive months, Australian dwelling values recorded a 0.3% increase in dwelling values across the five major capital cities in February, with each
Ben is joined by Stewart Jackson and Andre Brett to discuss which seats might fall when the Labor vote in the WA state election recedes from the high levels reached in 2021, and how the minor parties might perform under the new Legislative Council electoral system.
The Market Ear with more. Fear mania CNN’s greed/fear index entered extreme fear yesterday. This much fear has mostly been followed by the market bouncing. Source: MacroMicro Bulls in hibernation Massive downtick in AAII bulls. Source: Refinitiv Bear mania Huge move higher in bears according to the latest AAII sentiment survey. Source: Refinitiv Imminent upside
The post Fear reigns appeared first on MacroBusiness.
DXY is back on tariff talk. AUD was poleaxed on the same. Lead boots were made for sinking. Gold needs a bigger pullback. Oil needs to break down. Goldman has wrecked the world’s most important metal. Big miners into the pit. EM meh. Junk meh. Yields up. Stocks down. The Mad Man is back. Bloomberg.
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By defending the UK’s draconian anti-protest laws, Labour is laying the ground for an authoritarian government.
By George Monbiot, published in the Guardian 22nd February 2025
If the Trump project implodes, it might take with it the far-right European parties to which it is umbilically connected. Like all such parties, Reform UK poses as patriotic while grovelling to foreign interests, and this could be its undoing.
Prosper Australia today expressed deep disappointment at the Victorian Government’s continued failure to implement value capture mechanisms in its recent upzoning announcements. By allowing landowners to reap windfall gains without returning a fair share to the community, the government has missed a vital opportunity to fund essential infrastructure and public services.
Trump’s assaults on governance could trigger systemic collapse. Here’s how it might happen, and how we can prepare.
By George Monbiot, published in the Guardian 18th February 2025
This is how Labour’s war on regulations will stymie its own policies. It is irrational and self-destructive.
By George Monbiot, published in the Guardian 11th February 2025
This might sound astonishing, but the UK government’s core programme now appears to be the same as Donald Trump’s: dismantling the administrative state. There’s less theatre, but the results could prove harder to contest. Absurd? Consider the evidence.
What could $27 billion fund if Commonwealth-state transfers were adjusted to bring revenue and expenses for each level of government closer to balance?
Over the past century and a half, politics and economics have evolved significantly in how we manage society. Yet, the core principle remains: every person born on this earth has a right to a share of its bounty.