United Kingdom Prime Minister Keir Starmer has called for the nation to take back its borders, saying the UK is becoming an “island of strangers” and that immigrants should learn to speak English. He has announced sweeping immigration reforms with the aim of reducing net overseas migration back to pre-pandemic levels. NEW: UK Prime Minister
DXY took a breather. AUD bounced. Lead boots to the moon. Gold prays it ain’t so. Metals go for growth. Miners still stuffed. EM yawn. Junk says nothing ever happened. No yield relief. Stocks only go up. Wall Street bears are in full retreat. Goldman. We expect this move to leave the US effective tariff
Indian students and migration agents celebrated Labor’s federal election victory as a green light to immigration. The Indian community and migration agents know that the Albanese Labor government is a soft touch on immigration. Their view is well-founded, with record international student enrolments: Record graduate visas on issue: And record bridging visas on issue as
The latest ASIC data shows that the construction sector leads the nation’s insolvencies, with 2,795 firms going under so far this financial year, representing a 24% increase on 2024. The following chart from Justin Fabo from Antipodean Macro illustrates the rising construction sector insolvencies, which are tracking at around double the pre-pandemic norm: Last week,
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500
The post Macro Afternoon: 13 May 2025 appeared first on MacroBusiness.
By Stephen Saunders Labor has the ideal ABC for 2025-31—a powerful and complacent woke-left propaganda-ministry. The broadcaster’s overdue shunt of overrated Laura Tingle is typical. For wicked immigration-influencers like “independent” Abul Rizvi, or Australian un-National University’s Liz Allen and Alan Gamlen, it’s second nature to play the Racist Card to shut down popular resistance to
According to the Council to Homeless Persons (CHP), Victoria has the nation’s lowest level of social housing as a proportion of the overall housing stock. Public housing in Victoria has slumped from a high of around 4% in 1994 to a low of about 2.4% currently. The figure rises to around 2.9% when community housing
We can’t make plastics for anything. Nor windows for anything. Nor towers for anything. Nor explosive inputs. Nor anything for anything. The one thing you would think we were good at is making shit. But no, the great Australian idiot can no longer even take a dump. AFR. High power prices could force the closure of
Let’s take a walk down memory lane. The date is 13 August 2019, six months before the COVID-19 pandemic arrived in Australia. Infrastructure Australia’s (IA) Australian Infrastructure Audit was released, warning that $40 billion a year of infrastructure investment is needed to catch up with Australia’s voracious population growth. Otherwise, productivity and living standards will
Westpac with the note. Westpac Consumer Sentiment Index up 2.2% to 92.1 in May. • Index recovers about a third of April’s tariff-related fall. • Solid rebound in views on finances led by sharemarket rally, lower fuel prices. • Benign inflation shores up consumer expectations for interest rate cuts. Consumer sentiment has recovered just over