Last night most risk markets shrugged off the attack on the US Federal Reserve’s independence by the Trump regime with a small blip against USD while Wall Street eked out a small return as European stocks outperformed again. Precious metal prices continued to soar against USD however, while oil markets also saw more upside on
In a recent poll undertaken by relatively new pollster, Fox & Hedgehog, a very clear question was asked to it’s respondents: “Select whether you agree or disagree with the following: There should be a pause to all migration to Australia other than tourists.” Overall 54% of respondents said they agreed (32% strongly agree, 22% agree)
The hatred of hatred is about to doom Australia. A proposed moment of national unity in the parliament after the Bondi massacre has descended into partisanship as politicians prepare to debate sweeping laws that would jail for up to 15 years Islamic extremists or neo-Nazis who collaborate with hate groups. …“We want to make it
When the Albanese government announced in August last year that it was bringing forward the start of its expanded 5% deposit scheme, it was widely criticised by property experts as a catalyst for further price rises in an already hot market. A recent report from Cotality confirms that the concerns were justified. For homes under
Asian share markets are generally higher in the first session of the trading week however volatility continues to rise in currency markets as the Trump regime tries to take away the Federal Reserve’s independence via open legal threats against Chairman Powell. The USD sank immediately on the news while oil prices are slowly rising as
There are many reasons a RIO takeover of GLEN is not a bad idea. One is largely a producer; the other, largely a trader. Together, they form a vertically integrated monster that can gouge China to death. Their suites of reserves match nicely, too. RIO is big in iron ore and aluminium, GLEN in coal
If it tries, it will fail. But will it try? From Goldman: Qiushi article on the property market: On January 1, Qiushi magazine (the official theoretical journal of the Chinese Communist Party) published an article titled “Improve and Stabilize Expectations in the Property Market,” which emphasized the importance of the real estate sector in the
Since late December 2025, there have been widespread protests throughout Iran, which were first triggered by the country’s economic woes, including skyrocketing inflation and a catastrophic currency crash. Protests have more recently evolved into larger anti-regime demonstrations. Media reports more than 500 fatalities in protests and more than 10k arrests. The government has severely restricted
When the ABS released the previous installment of its Household Spending Indicator (which has replaced its retail sales index) last month, the data was further fuel for the narrative that the next move in interest rates would be up. The data revealed that October held the highest month on month growth in nominal household spending
It no longer matters where you live in Australia. Whether you’re a young person enjoying the beach in Sydney, the machetes in Melbourne, the boredom in Adelaide, the terrible driving in Perth, or any paddock in between, you can forget about owning your own home. The latest Cotality affordability report, out late last year, is