Australia offers some of the world’s most generous post-study work rights for international students, as illustrated in the table below. These generous post-study work rights are coveted by “students” from South Asia, who value post-study work rights and opportunities for permanent residency above most other factors. Australia has experienced an explosion in graduate (485) visa
Via S&P comes the Aussie flash PMI. Flash Australia PMI Composite Output Index(1): 51.4 (Mar: 51.6). 2-month low. Flash Australia Services PMI Business Activity Index(2): 51.4 (Mar: 51.6). 2-month low. Flash Australia Manufacturing Output Index(3): 51.5 (Mar: 51.8). 2-month low. Flash Australia Manufacturing PMI(4): 51.7 (Mar: 52.1). 2-month low. Data were collected 09-17 April 2025
While there is a range of Australian war poetry, much of the poetry associated with Anzac Day is not Australian.
The Market Ear with the setup. Chop Our base case remains intact: this market needs to heal and it will take time before we get a new direction. Expect more choppiness. Resistance levels: 5450 (21 day), range highs at 5550. Note the 50 day still way higher, currently just below 5700. Support around the 5100
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DXY finds a footing. AUD rocket flamed out. Lead boots going nowhere. Gold flame out, oil stable. Copper is a lunatic. Miners still stuffed. EM going nowhere forever now. Junk not priced for recession yet. Yields still tending to rise. Stock chop. Everybody is selling the whimpering greenback. More than stocks. Way more than yields.
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The greenback has hit a three-year low while gold soars past $3,500 per ounce. Things aren’t looking good, experts say.
Trump, Tariffs and Trust: The dollar's slide "reflects Trump’s meddling in Fed policy via tariffs and eroding trust in the US financial system,” Paul Goncharoff, financial analyst and general director of Goncharoff LLC, tells Sputnik.
Risk sentiment reversed its decline overnight mainly due to some off the cuff comments from the Trump regime’s Treasury Secretary about an “imminent” deal with China, which were since walked back but this sent a signal to buy USD and US stocks which saw Wall Street take back most of its recent session falls to
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I found this in my iPhone's reminder app this morning. I have no memory of making it, but it seems like a pretty good plan for the workday.
This week, newspapers around the world received reports and signed documents from South Africa. The reports said that, in 1975, Israel agreed to sell South Africa nuclear weapons. South Africa then released an arms agreement signed by current Israeli President Shimon Peres. This is the document “heard round the world.”
Ben is joined by Jill Sheppard and Emily Foley to discuss the long-term trend of the major parties losing primary votes: what is causing the trend, how it might play out in 2025 and whether they can do anything to reverse the trend. The seat of the week is Bruce in south-eastern Melbourne.
Teals and Greens are under political attack from a new pro-fossil fuel, pro-Israel astroturfing group, adding to the onslaught by far-right lobbyists Advance Australia. Wendy Bacon and Yaakov Aharon with the story.
