Seek released its latest employment report for Australia, which suggests the job market is deteriorating. The number of jobs advertised on Seek fell by 3.0% in March and was 12.8% lower year-over-year. Ad volumes declined in every state and territory. The number of applications per job ad also rose by 2.0% over the month and
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The Australian dollar has rallied strongly against the US dollar after hitting a two-year low following the announcement of President Trump’s “Liberation Day” tariffs. The Australian dollar has rebounded to 0.64 US cents, effectively returning to its pre-tariff announcement level. The rebound partly reflects weakness in the US dollar against all currencies as the Greenback
Risk sentiment is now rolling over again as stock market volatility lifts higher mainly due to potential earning slumps on tech stocks aka NVIDIA due to the Trump regime’s tariff madness. The latest US retail sales figures (pre-tariff numbers) came in as expected and Fed Chair Powell tried to provide some hope through it all
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French Prime Minister Francois Bayrou has accused the US of abandoning the democratic world, saying Washington’s sudden pivot toward closer ties with Russia has undermined the trust of its allies and shaken the global order.
The Australian Bureau of Statistics (ABS) released quarterly data on dwelling commencements and completions, which badly missed the Albanese government’s housing targets. Only 41,900 dwellings commenced construction in Q4 2024, 18,100 (30%) fewer than Labor’s target, which requires 60,000 homes to be built every quarter. Only 168,050 dwellings commenced construction during the year to Q4
Ben is joined by Duncan McDonnell from Griffith University to discuss the close of rolls and nominations and the role of Gen Z voters in the election. The seat of the week is Lingiari in the Northern Territory, and we also talk about Indigenous enrolment and parliamentary representation.
With 48% of voters paying little or no attention to the campaign, according to an Essential poll, Senator Kim Carr, a former Labor minister, takes a look at how the two major parties have performed in what he describes as an uninspiring campaign.
Peter Dutton’s budget reply Speech is full of distortions and many of the key polices are flawed or we cannot be sure they will work as intended. The Labor Party might be criticised as too cautious, but the Coalition is clearly not ready for government.
Hollywood star Mel Gibson, a vocal supporter of President Donald Trump, has urged the US government to reveal the “truth” about the 9/11 terrorist attacks.
Last week, the Queensland government announced that it would repeal the state’s legislated renewable energy targets. They were set at 50% by 2030, rising to 80% by 2035. Energy Minister David Janetzki stated that the renewable energy targets were “always unachievable”. He added that the government is also likely to amend the state’s existing 2035
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