Since the COVID-19 lockdowns began in Australia in March 2020, housing prices in the country’s largest cities have grown at dramatically different rates. As shown below using PropTrack data, home values in Brisbane, Perth, and Adelaide have roughly doubled, whereas values in Sydney and Melbourne have grown at significantly slower rates. According to Cotality’s daily
Since the 1980s, the UAE has been a major transit hub for gems, minerals, metals, and contraband from around the world. During that decade, the once-sleepy emirate, known for its fishing and pearl diving industries, transformed into a center for transnational capital—including arms trafficking, diamond smuggling, and money laundering.
Nasdaq is enjoying a bearish 50/100 bearish cross. It wasn’t pretty the last time this happened. Amazingly, the NTM PE on Info TEch is now the same as Staples. When dealer gamma is negative like this, indicating the market is short, the market makers buy as prices rise and sell if they fall, raising volatility.
The post Sagnificent 7 hits the skids appeared first on MacroBusiness.
For those old enough, the Sydney Olympics held from 15 September to 1 October 2000 was ‘peak Australia’. It was a time when national pride and unity were at an all-time high. Australian living standards were peaking, per capita economic growth and productivity were strong, and homes were still affordable. The year 2000 was also
Société Générale has weighed in on the forthcoming surge in global LNG supply. SG argues that an increase in the supply of LNG basically makes the world’s gas markets more connected. The US, European, and Asian (JKM) gas markets are all in the same hemisphere, so their seasonal patterns are pretty much the same. For
The post More on the monster global gas glut appeared first on MacroBusiness.
The Metropolitan police have arrested disgraced former UK ambassador to the US, Peter Mandelson, who has been under investigation over allegedly leaking sensitive government data to late financier and convicted sex trafficker Jeffrey Epstein.
Universities Australia (UA) has published its pre-budget submission, which repeats the lie that international education is “a $52 billion export engine” and “one of Australia’s biggest money-makers”. This fantastical $52 billion education export figure comes from the Australian Bureau of Statistics (ABS) and is wildly exaggerated because it does not subtract money earned and then
The crushing of traditional state politics continues today as another new poll, this time Roy Morgan, shows One Nation on fire in NSW. On the primary vote, New South Wales voters are divided a year before a state election, with One Nation (30%) now the most popular, leading the governing ALP (25%) and the official
The post One Nation most popular party in NSW appeared first on MacroBusiness.
By Salvatore Babones It’s back to school this week for most of Australia’s 1.5 million university students—and back to Canberra for Australia’s top 1000 education bureaucrats. Universities Australia is holding its annual Solutions Summit this week in Canberra. The jamboree kicks off today with a session on “Putting First Nations at the heart of higher
Recently, Canadian news outlet ‘The Globe and Mail’ provoked controversy and furious social media discussions with one of its analyses. In it, the author asserted that, based on per capita GDP adjusted for Purchasing Power Parity (PPP), Canada was now poorer than the U.S. state of Alabama. According to IMF figures, Canada’s per capita GDP
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MOSCOW (Sputnik) - UK Defense Secretary John Healey said that he wants to be the first in the role to send British troops to Ukraine.
"I want to be the Defence Secretary who deploys British troops to Ukraine – because this will mean that this war is finally over," Healey wrote in a comment published in the Telegraph newspaper on Saturday.
Plans to develop a 300 MW wind farm in Central Tasmania have approved by the federal environment minister, after nearly seven years in the EPBC queue.
The post Contested Tasmania wind project secures federal green tick after six-plus years in EPBC queue appeared first on Renew Economy.