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Albanese in China: 6 days, 1 panda, 0 shouting. (Some) media outrage level: critical.
Never mind that the trip secured new trade protocols, tourism agreements, and a fresh review of the China–Australia Free Trade Agreement. Never mind the agricultural breakthroughs, the reopening of tourism channels, or the decarbonisation talks with major iron ore exporters and Chinese steelmakers. None of that seemed to matter. The real problem, we were told, was tone.
Ukraine’s calls for a meeting between Russian President Vladimir Putin and Vladimir Zelensky are premature, as the two sides have yet to make progress on major points of disagreement, the Kremlin said on Thursday following the latest round of peace talks.
The negotiations, held in Istanbul the day before, lasted less than an hour. Both sides agreed on several humanitarian issues, including the exchange of prisoners of war, civilian detainees, and the repatriation of soldiers’ remains.
In December 2024, a joint report from UNSW and Homelessness Australia claimed that 10,000 extra Australians were becoming homeless each month. “Since 2020, rents have risen at rates unseen since 2008. During the period March 2020 to June 2024, the median advertised weekly rent for all property types across all cities and regions rose from
The German chancellery insists the ruling coalition is united in its stance on Israel's actions in Gaza, despite differing views. A split appeared after Germany refused to add its name to a 28-country declaration.
German Chancellery Minister Thorsten Frei on Wednesday dismissed concerns of a rift within Germany's coalition government over its position on Israel.
Asian share markets like other equities are doing the FOMO trade as it looks apparent that everyone is going to get a new baseline 10-15% tariff rate from the Trump regime with news that the EU is likely to be next, enshrining higher prices for US consumers for almost everything they buy. Wall Street doesn’t
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The federal government’s proposal to tax the unrealised capital gains of superannuation funds was a key focus of the first question time session in the new parliament. Treasurer Jim Chalmers criticised the Coalition for attacking a policy that he claims would affect about 0.5% of people with a superannuation account, noting that it had opposed
Six weeks ago, legendary financial and geopolitical cycle analyst Martin Armstrong was signaling a big turn toward war. Now, Armstrong says, “The chances of war with a nuclear exchange is at 100%. . .. Plan on it, this is coming.”
A new FY brings new hope. S&P with the note. Flash Australia Composite PMI Output Index: 53.6 Index, sa, >50 = growth m/m % qr/qr (Jun: 51.6) Flash Australia Services PMI Business Activity Index: 53.8 (Jun: 51.8) Flash Australia Manufacturing PMI: 51.6 (Jun: 50.6) Flash Australia Manufacturing PMI Output Index: 52.3 (Jun: 49.9) “July’s S&P
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Last week, Jobs and Skills Australia (JSA) released data showing that employers are having a far easier time finding workers to fill roles. As illustrated below by Justin Fabo from Antipodean Macro, the overall share of employees finding it difficult to find workers has almost returned to pre-pandemic levels. While higher-skilled workers remain harder to find,