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
Why would you invest in Australia? There’s no need. The mass immigration economic model provides topline growth and cheap foreign labour manages your margins. It’s nirvana for the 1%, especially when you throw in the mushrooming cheap personal grooming sector. And so, there is no investment growth in Australia to match the expanding population. From
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Earlier this week, Alan Kohler penned an article at the ABC arguing that immigration was the key issue missing from the federal government’s productivity roundtable held last week in Canberra. Kohler noted that “at least 800,000 more people came to live in Australia over the past four years than Treasury anticipated. That’s more than three extra
Cecile Wake is Shell Australia country chair and executive vice president Integrated Gas Australia. She has pumped more industry propaganda at The AFR: This year alone, Australia’s natural gas industry will deliver $21.9 billion in taxes and royalties—on par with the nation’s biggest banks and miners. But this success story is under threat. Queensland LNG
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Despite an upwardly revised 2Q GDP print and solid initial jobless claims in the US overnight, the USD continued its selloff with weaker international demand for US Treasuries also not helping. Wall Street rose to new record highs lead by tech stocks again while European shares continue to stumble through the French political imbroglio. The
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According to Cotality (formerly CoreLogic), the average home in Australia is now valued at around $1,020,000. This makes Australian housing among the most expensive in the world. Australian housing was valued at 4.14 times the size of the Australian economy in Q1 2025, nearly double its value in the 1990s. By way of comparison, the US
On 15 August, US President Donald Trump and Russian President Vladimir Putin met in Alaska, the first head-of-state meeting between the two countries since the Ukraine War began.
It was widely panned as a “shameful” and “vomit-inducing” episode where Putin apparently came out on top.
Just when you think that the Australian Government cannot sink any lower, the prime minister still manages to surprise!_
Gaslighting the electorate, virtue signalling to our ‘partners’
It is a dilemma... Swiss banks that used to profit from Russian oligarchs cash, had to support the sanctions imposed by the USA and Europe against Russia — for "Russia's invasion of Ukraine"...
For almost two decades, household formation rates for 25 to 34-year-olds have been tanking. The decline kicked off as the impact of the new ‘Big Australia’ migration intake began dramatically impacting the rental market in the final years of the Howard government. As the ABS chart below illustrates, between mid-2005 and mid-2008, asking rents in