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Housing crisis pundits ignore number one solution

November 19, 2024 - 11:00 -- Admin

Earlier this month, The ABC’s Keane Bourke acknowledged that “Australia doesn’t have enough houses” and suggested that Australians let out their spare bedrooms to ease the rental crisis. Bourke claimed that Australia would have the capacity “for about five million extra people” if these spare bedrooms were rented out. Over the weekend, The ABC suggested that

Federal Liberals drive stake through Victorian budget

November 19, 2024 - 10:30 -- Admin

The Victorian government is drowning in debt, with the nation’s largest debt load and the worst credit rating. The world’s two largest credit rating agencies—S&P and Moody’s—warned that Victoria faces further credit rating downgrades if it does not bring its debt under control. The task has been made much more complicated with Victorian Premier Jacinta

A better alternative to international student caps

November 19, 2024 - 10:00 -- Admin

Any objective analysis of Australia’s international education sector would conclude that enrolment numbers are too high. Before the pandemic, Australia had easily the highest concentration of international students globally, as illustrated below. As of August 2024, Australia had just under 970,000 international students enrolled, up nearly 130,000 on 2019 enrolment levels. Graduate visa numbers have

Iron ore bear market

November 19, 2024 - 09:30 -- Admin

SHFE continues to fade while SGX futures hang on. Goldman is bearish iron ore, bullish copper. Our structural preference for base over ferrous is our 3S view that China is no longer the tide lifting all boats. Specifically, the demand effects from China’s 1) structural GDP slowdown on demographic and property weakness (property developers’ starts

Australian dollar rides golden rocket

November 19, 2024 - 06:36 -- Admin

DXY finally took a breather. Releasing the tourniquet choking off the Crap Complex. AUD up. North Asia not so much. Gold, oil, dirt, miners, EM and junk up. As Treasuries caught a bid. Stocks firmed. Nothing much to explain it. Just exhaustion. Credit Agricole has more. The post-US election USD moves across the board remain

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