Dr Ken Henry, former Treasury Secretary, recently urged comprehensive reform of Australia’s taxation system in a speech to the Australian National University. Henry stated that the current over-reliance on personal income tax places an undue burden on young people while also pricing them out of the property market. This, Henry claimed, will ultimately result in
There will only be real cooperation between Africa and Russia on the basis of real sovereignty of African states, experts say. It comes down more and more often, in our time, to deterrence through brutal force. Also, in the impossibility of affording the luxury of a nuclear deterrent weapon, we would have to find here and now the ersatz force necessary.
The Australian Bureau of Statistics (ABS) has released the consumer price index (CPI) for the March quarter, which recorded a headline inflation rate of 1.0% over the quarter and a rate of 3.6% over the year: Trimmed mean inflation also rose by 1.0% over the quarter to be up 4.0% in the year to March
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As we know, Australia’s rental vacancy rate has collapsed to an all-time low amid record immigration-driven population growth and falling housing construction. New data from PropTrack shows that rental listings have collapsed across the nation. In March 2024, the number of newly advertised properties for rent was 13.7% lower than a year earlier and new
The National Bank of Canada has released a new report describing the collapse in Canadian living standards in relation to the United States: “[Canada’s] population aged 15 and over rose by a record 3.5% in the first quarter, making a positive contribution not only to GDP, but also to potential output”. “As a result, GDP
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Victoria has the lowest share of social housing in Australia, making up only 3% of total residences. That is far lower than the national average of 4.2%, already considered poor by global standards. The Guardian revealed last month that Victoria’s homelessness situation is the worst in the country and continues to worsen. “Victoria still has
CBA economist Harry Ottley has released a chart pack on state economies, which shows that Western Australia (WA) is the nation’s boom state. WA’s economic growth has easily led the nation since the start of the pandemic: WA has the strongest state sentiment and retail sales: It also has the strongest business investment, adjusting for
WHILE PANIC IS SETTING IN THE “WESTERN WORLD”. WE MUST KNOW THAT THE WESTERN HEGEMONY IS MAINLY THE ANGLO/SAXON CULTURAL/CONTROL/GRAB PENETRATION Of THE HUMAN PLANET.
THE ENGLISH DEFEATED NAPOLEON AND THE ENGLISH/AMERICANS DEFEATED THE GERMANS, THEMSELVES NOW WELL-TACKED TO THE ANGLO/SAXON HEGEMONY.
The Market Ear asks the question. Perma bears & tactical bears Sell-side has a new found love affair with the bear story. Or at least they are the ones that make the most noise now. Let’s look at 3 bears, the perma, the more balanced and the short term tactical tourist. Note, we are not
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DXY faded with safe havens: AUD powered out of the Israel/Iran phony war: It won’t get far without North Asia: Oil firmed, and the golden whale was harpooned: No landing metals puked: Miners meh: EM meh: Junk was mixed: Yields are waiting: Stocks loved the phony war: We are off to see the Wizard of
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A spike in tech stocks on Wall Street saw a continued rebound overnight as earnings season rolls on with European stocks also seeing a strong bid despite a lift in Euro as the USD pulled back from its recent strength. The Australian dollar is back at a near two week high just below the 65
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Rebar and SGX futures rolled yesterday: Dalian was weak too: It’s all looking pretty shaky: The momentum of steel consumption in the world’s second-largest economy since early April has slowed down after some southern regions in China were hit by earlier-than-expected rains. “Steel consumption was suppressed in the short term as rainy weather hit southern
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The dark history of genetics - with Adam Rutherford (2023 HBS Haldane Lecture)
https://www.youtube.com/watch?v=Gddkc5Snq3I
This lecture was recorded at the Ri on 11 October 2023.