Bridging visas were the single largest contribution to the spike of temporary migrants after the Covid-19 pandemic, increasing by 201,300 between Q3 2019 and Q3 2025: Bridging visas are generally issued by the Department of Home Affairs for two reasons: When the Department of Home Affairs is unable to execute an onshore visa application before
Let’s take a look inside the new inflation spurt with Goldman charts. Goldman expects the ABS monthly trimmed mean will rise by 0.2% in December, resulting in a year-over-year gain of 3.2%. Goldman’s prediction of a 0.91%qoq increase in the trimmed mean measure for the entire December quarter is slightly higher than the RBA’s November
There is one great thing we can rely upon when it comes to Albo. His desire to obtain and maintain power is so strong that he will quickly abandon anything that disturbs any significant group of voters. (Apart from the gas cartel, which owns him). Thankfully, this vacuity of identifiable human values has led Albo
‘Jerrabombera Pelican with Carp in its gob’ Photograph courtesy Geoff McVeigh News du jour – Terra Specufestor Albo turned the Bondi tragedy into a political stunt – AFR….and all the ‘leaders who called for a Royal Commission didn’t?… Trump’s war on the US Fed shows why RBA independence matters – AFR…once the Fed goes down
Asian share markets are quite mixed as we go into the final session of the trading week with local shares outperforming. The USD remains firm due to safe haven bids except against Yen while the oil price has been beaten back slightly. The Australian dollar is failing to get back above the 67 cent level.
All things Australian dollar are struggling a little this afternoon. DXY is firm. AUD sideways. CNY is still a thermal. But the metals complex is off. And miners. Plus EM. Still no joy for junk. Treasuries are flatlined. Stocks in a grind. Chinese regulators can be quite heavy-handed at times. Metals fell at the end of
Are LNG imports worthwhile given the approaching global glut? Labor’s domestic gas reservation scheme has delayed talks on LNG imports into the country’s southeast by at least six months, but has not eliminated the need to bring in gas, according to aspiring suppliers. They say the scheme will largely create an increase in available gas
In the not too distant past the metric net long term and permanent arrivals was a pedestrian and almost boring indicator for most, used by the like’s of the federal government’s Centre For Population as a leading directional indicator for future migration flows and by extension population growth. The image below is an excerpt from
TME with the charts. Time to MOVE? US 10 year has done very little over the past months, and we are actually trading at the same levels we traded at in late 2022. This has been reflected in bond volatility. MOVE has crashed since the Liberation day chaos, but note the 10 year is getting
During a meeting I had with a senior foreign economist at a major investment house six years ago, I explained how the mass-immigration economy would prevent any risk from engulfing the banking system. She asked how sustainable such an approach was, given the obvious deleterious distributive effects of the growth model (that is, it is