International Reading: Poll: By a 2-to-1 margin, Americans say Trump has done more to raise prices than lower them – AzExpress Trump’s second-term golfing to cost US taxpayers $300M as he reaches $70M mark – The Mirror Medical bills are now the #1 cause of personal bankruptcy in Murica – Politico 8 million inflation refund
Labor’s First Home Guarantee scheme, which commenced at the beginning of October, enables first home buyers to purchase a home with only a 5% deposit without requiring lenders’ mortgage insurance, with the government guaranteeing 15% of the mortgage. With Australian home values already the most expensive in history relative to household incomes, the First Home
I cannot comment on the prospects of the latest deal, but we can run some scenario analysis to assess the outcomes. Goldman looks at oil. Brent crude prices have declined 5% over the past week to $62/bbl as the market reassesses the prospect of a potential Russia-Ukraine peace deal. While uncertainty around the details of
Recall Labor’s Powering Australia Plan, released before the 2022 federal election, which claimed that it would cut NEM wholesale power rates by $11 per MWh (from $62 to $51) by 2025, resulting in lower retail power prices. Prime Minister Anthony Albanese hailed RepuTex Energy’s analysis as “the most comprehensive modelling ever done for any policy
The Market Ear on stocks and fear. Panic gone The extreme VIX vs SPX gap is gone. Chart shows SPX vs VIX (inverted). Source: LSEG Workspace Downside panic also gone Downside protection has reset sharply lower during the latest bounce. The SDEX implosion has been agressive over the past days. Source: LSEG Workspace Seen VVIX?
Recall that long-time immigration influencer Abul Rizi, who has forever championed a Big Australia and has ruthlessly attacked anybody arguing for lower immigration, amusingly endorsed the Canadian government’s sharp immigration cuts. In an article published on Independent Australia this month, Rizvi said the following about Canada’s immigration cuts: CONSISTENT WITH its announced long-term immigration plan
