One of the focuses of last month’s Productivity Roundtable in Canberra was on ways to streamline regulations to increase the rate of housing construction to meet the Albanese government’s 1.2 million housing target. Danielle Wood, chair of the Productivity Commission (PC), told Roundtable attendees that there is a backlog of 30,000 projects awaiting approval, which
Asian share markets are seeing mixed results as traders await the return of US markets from their long weekend with the latest news about a US/Japan trade deal sending Yen lower without any real action. The chance of more rate cuts from both the BOJ and ECB firmed with the ratings agencies today but that
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German Defense Minister Boris Pistorius has criticized European Commission President Ursula von der Leyen over her recent remarks about a potential EU troop deployment to Ukraine. The bloc’s leadership has neither jurisdiction nor competence in such matters, while the deliberations should be kept private, Pistorius argued.
There are many Americans who have noticed Trump’s swollen ankles, the large bruises on his hands, and his increasingly incoherent speech, and speculate that he is in rapid terminal decline, and will soon die. The White House itself has announced that Trump is suffering from chronic venous insufficiency1.
“This is not inner-city, latte-sipping lefties:” Bowen hails regions as battery rebate numbers surge
The latest dwelling value results from PropTrack show that Melbourne continues to lag the other major capital cities for price growth. Melbourne dwelling values rose by just 2.1% in the year to August, easily the softest growth among the state capitals. As illustrated in the following chart, Melbourne dwelling value growth has lagged the other
Deutsche with the note. Announcement of Cook’s removal President Trump announced the removal of Governor Cook from the Federal Reserve Board, citing “cause” due to alleged fraud in relation to mortgages she took out on properties before her appointment to the Board. This announcement was the culmination of intensifying pressure from the administration in recent
The Market Ear on a bubble breather. Back to work Here are the latest positioning and sentiment data from the weekend. We could not really see a trend or a theme so we divided into the good, the bad and the really boring…. Keep on improving Globally, stock – specific news sentiment has improved consistently
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The ferrous complex is breaking again, right on time for seasonality. Rebar is in freefall. HRC will follow. Iron ore is next. Scuttlebutt is bearish. Steel stockpiles at major Chinese mills jumped 4% between August 11-20 to reach 15.67 million tons, according to official data. This inventory buildup signals softer domestic consumption despite targeted production