Of all the narratives that exist within the realm of Australian housing and economics, one of the most hotly debated is “If housing is so expensive, how are people buying into the market?” Today, we’re going to take a data-driven deep dive into how Australians continue to enter the housing market for the first time.
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It’s Groundhog Day for Aussie households. As I noted yesterday, the gas cartel shock of the 2022 Ukraine war profiteering is once again landing on households as state subsidies roll off. Further evidence has appeared in the credit card data. Westpac. Energy bill relief has been a key plank of the ‘cost of living’ support
It is amusing to watch some interest rate forecasters stick to tiny indicators. ANZ is one. After two consecutive months of decline, the ANZ-Indeed Australian Job Ads series has bounced back, from 114.8 in May to 116.9 in June. The unemployment rate and the hours-based underutilisation rate (a broader measure of spare capacity) have been
Staff from the Tony Blair Institute (TBI) participated in a post-war Gaza real estate venture aiming to turn the enclave into a for-profit trade zone, according to the Financial Times(FT).
The project envisioned artificial islands, blockchain-based real estate, and what was branded the “Trump Riviera.”
Overnight saw Wall Street react negatively to the Trump Tariff Tirade via letters to all the countries the regime has not yet done a trade deal (read: all but 3) with a surprisingly high number chosen for most and with threats of retaliation if any country decided to match or even attempt to put in
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Ever since Israel launched its illegal war of aggression against Iran on 13 June, speculation has swirled around the role played by MOSAIC – a tool created by shadowy spy-tech firm Palantir.
Trump & Israel fired the first shot in a major war on BRICS as Iran's resilient defense shocks the world. Geopolitical analyst Pepe Escobar joined the program directly after Iran's attack on a US air base in Qatar to react to the significance of the 12-day war and what's to come as the Collective West panics over the power of the multipolar world led by the emerging BRICS countries.
I haven't much faith in
A Peace that commences
With hacking off limbs
Or in sniping from trenches.
Yet some say 'tis Peace that
We're now fighting for;
If THIS brings us Peace,
What on earth brings us War?
Its the Tariff Trading Week! You get a deal – you get a deal – we all get a deal! By deal, I mean a letter from the Bully-in-Chief stating what tariff you have to accept, since there’s been less than three US trade deals actually made in the last 90 days. Stock markets in
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“Never in our history,” declared a TV anchor, “has there been such an avalanche of information, so little believed or believable.”
This was no anguished lament over AI or social media. This was 1967, the era of the Vietnam War, racial tension, and urban blight, when a group of liberal satirists launched a prank so well-executed it would later be called “the hoax of the century.”