International Reading: Billionaires pay a lower tax rate than the rest of America’s taxpayers, new study finds – CBS News Trump Seems Pretty Socialist These Days – Bloomberg Trump’s Appointees Could Rule the Fed for Decades – NY Times It turns out Gen Z is not ‘thriving’ the way they thought they would be: ‘American
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Asian share markets are finishing the trading week in a mixed mood with US and European stock futures not moving much as they anticipate a long weekend for the former and the end of week/month double witching session. The USD is steady against most of the majors but losing ground against the commodity currencies with
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It's the most expensive single defense project in Europe, with a projected cost of at least €100 billion ($116.6 billion). From 2040, the Future Combat Air System (FCAS) aims to combine a new European fighter jet with fleets of drones controlled via a European defense cloud.
The latest official labour force survey showed that New Zealand’s unemployment rate lifted to 5.2% in Q2 2025, the highest rate since Q4 2016. New Zealand’s underutilisation rate, which combines unemployment and underemployment, also surged, indicating a significant surplus capacity in the labour market. On Thursday, Statistics New Zealand released its filled jobs survey, which
The Market Ear with more. Finally? Gold flirting with a break out above the huge triangle like formation. Complex psychology has developed inside this consolidation… Source: LSEG Workspace Frustration Gold net non commercials front ran a move lower, but gold has moved higher. Plenty of room to increase the long… Source: LSEG Workspace Computers –
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Albo’s anti-American rabble is mounting is pretending to care about ANZUS. The Australian. As Richard Marles engaged in high-level speed dating with Donald Trump’s top officials in the White House, Anthony Albanese was rolling out the red carpet in Canberra for an influential US Republican congressman. After a seven-month pursuit, Albanese is within striking distance
Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen looks at the difference between GDP and company profits, discussing when you can get divergences and how investors should think about returns. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at
As a concept, the sovereign citizen movement, individuals identifying as sovereign citizens or something similar have existed in Australia for decades. These beliefs have been manifest in the various ways these people attempt to dissociate themselves from societal structures1. These range from eccentrics like Prince Leonard of ‘Hutt River Province’ who attempted to set up his own ‘micronation’ on a remote bit of land, even to the extent of creating his own flag, currency and stamps2, to extreme libertarians who choose not to pay taxes or to get such things as drivers’ licences1.
Below is another brilliant guest post from MB reader Erin Rolandsen, CEO of Angelassist. Erin’s previous articles can be read here and here. Australia is facing a dangerous moment in its democratic life. On one side we have the word “immigration” being censored by bureaucrats. On the other side, we have extremists who want to
The chair of the government’s National Housing Supply and Affordability Council (NHSAC), Susan Lloyd-Hurwitz, who is a former chief executive of property developer Mirvac, has warned that Australia faces a generational housing crisis. Lloyd-Hurwitz said that while there is no easy fix to the housing crisis, governments “should be building more social housing to take