Friday night saw most stock markets rise including the NASDAQ which put in another record high despite obvious concerns that asset prices are overextended, but traders are betting on forthcoming cuts from the Federal Reserve amongst others in the battle against the Trump regime’s tariffs. The USD was mixed or lower against the majors although
By Stephen Saunders Despite July’s highly aggressive return-visit from UNFCCC bovver-boy Simon Stiell, the Coalition seems unlikely to seriously challenge Labor’s net zero cult. Albanese Labor enjoys a masochistic relationship with the pro-China United Nations. Following UN open-borders precepts, massive immigration induces 75-80% of our (unnecessary) population growth. It is nearly as silly as the
One of the negative side effects of the Australia-United States Free Trade Agreement (AUSFTA), which took effect in 2005, was that it increased patent and copyright terms, raising the price of drugs and copyrighted products. Thomas Faunce of ANU assessed that AUSFTA “undermined Australia’s PBS” by “allowing the US to alter the basic processes of
Goldman shows why Australia’s rental shock isn’t over. Weekly data from SQM suggest growth has picked up somewhat over recent months (Exhibit 6). The SQM data tends to lead CPI rent inflation, given SQM measures average rents across the flow of newly advertised properties, whereas the ABS measures rents across the entire stock of rental