CoreLogic data shows that national rental affordability hit an all-time low at the end of 2024, with 33% of median household income spent on the national median rent. According to CoreLogic, this followed a 37% increase in asking rents over the past five years, whereas PropTrack reported a 47% increase in rents over the same
This is not a debate. It is propaganda from both sides. Opposition Leader Peter Dutton has claimed his nuclear energy policy would cut power bills by 44 per cent, but analysis by the renewables sector warns it could actually drive up electricity costs by more than $1000 a year for millions of Australians with rooftop
They say that the fish rots from the head, and there is no better example than Michael Stutchbury and the AFR. The decomposing marine skull is no longer the editor, but he still writes biased drivel. This week’s CPI reading showing annual underlying inflation easing to 3.2 per cent in the last three months of 2024 suggests
The Australian dollar has gapped into madness this morning following El Trumpo tariffs. DXY to the moon! AUD positioning is very short but not extremely so. Likewise the DXY long. If Canada, Mexico or China respond in kind, this is going to go nuclear.
Victoria’s net debt is the worst in the nation, with the state having the lowest credit rating. The “ruinously expensive” Suburban Loop Project (SRL) risks worsening the debt situation. The independent Parliamentary Budget Office (PBO) projected that the cost to build and run all three planned stages of the SRL would cost more than $200
Goldman with the note. BOTTOM LINE: President Trump signed executive orders that impose tariffs on imports from Mexico, Canada, and China effective Feb. 4. The White House has conditioned removal of the tariffs on improvement in the immigration and fentanyl situations but has not provided specific goals. While the outlook is unclear, we thinkthe Canada-
Peter Dutton is showing that the Coalition also cannot be trusted on immigration. After promising heavy cuts to net overseas migration last year, the Coalition’s election statement on immigration has only promised to cut the permanent migrant intake by 25% for two years and offered no target for temporary or net overseas migration. The Coalition’s
Albo has been a catastrophe for Aussie living standards. His lies are outrageous. The prime minister acknowledged the tough financial circumstances of the past three years, underpinned by high inflation and interest rates, but he indicated that the worst was over, the nation was at “the beginning of where we want to be”, and more
You get a trade war – you get a trade war – we all get a trade war! Well, not Australia directly yet but as a satellite of Chyna, it matters not as the Trump wrecking ball through the international economic order yielded a serious blow over the weekend as both Canada and Mexico stepped
The following video, which is making the rounds on Twitter (X), features opposition leader Peter Dutton explaining how he “saved diligently” to buy his first house in Brisbane at the age of 19. “I have saved diligently over those years and it allowed me to put together a deposit for a house. And I bought