Only in Australia would an iconic infrastructure company double as a corruption cesspit. Snowy Hydro is a kind of Canberra plaything; a dirty quango without values or direction. It pisses money away like rain on the mountainside, employs proven energy wreckers, and adds tens of billions of unnecessary costs to the energy transition. Let’s take
In one of her first interviews as New South Wales Opposition Leader, Liberal MP Kellie Sloane was quizzed on the issue of migration on Sky News: Interviewer “Do you believe we need a cut to migration?” Sloane: “Well, I think we need to make sure that migration intake is balanced with our ability to provide
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Down she goes, and where she stops nobody knows. Sales drowning. Year to date sinking. Inventory bouyant. Completions taking on water. Some of this is the recently banned data. It is not clear if the data remains are available to subscribers. Meanwhile, the reason for the ban is going to the bottom like a holed
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Right, okay, that’s it. I’m a pencil punk writer now. Woke up to discover the broadband was out this morning. Some big network kerfuffle at Optus. Big enough for them to have changed their recorded message…
“Yeah yeah we know we’re on it, sheesh!”
Decided that if was going to slow down, again, I’d slow all the way down. So I hauled out my e-ink tab and scratchy stylus and got to writing the next 3.3 chapter out long hand.
We’ll see what happens next I guess.
The Market Ear. It doesn’t matter… …until it matters. Note the latest short term gap between the US 10 year (inverted) and SPX. We saw a similar early gap form between the two in late October, before SPX “joined” the move. Source: LSEG Workspace Once again? In late October we saw the 10-year pick up
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The Australian Bureau of Statistics (ABS) has released the Q3 2025 national accounts, which reported a 0.4% rise in headline GDP over the quarter and a 2.1% rise through the year. The result disappointed analysts’ expectations, which had tipped a quarterly rise in GDP of 0.7% and an annual increase of 2.2%. The result was
In mid-2023, just as Australia’s net overseas migration was ramping up toward record levels, the mouthpiece of big business, The AFR Chanticleer, proclaimed that Australian businesses were “licking their lips” at the prospect of higher migration, “with few doubting that a bigger Australia is better”. “It is boosting retailers’ sales, increasing landlords’ ability to collect
The Australian Bureau of Statistics (ABS) released dwelling approvals statistics for October, reporting 15,844 trend approvals, down 0.6% from September. Approvals in October were 4,168 (21%) behind the National Housing Accord’s five-year target of 20,000 dwellings per month. In the year to October, 192,100 dwellings were approved for construction, which was 47,900 (20%) fewer than
ANZ-Indeed job ads have commenced a new adjustment. ANZ-Indeed Australian Job Ads fell 0.8% m/m in November following an upwardly revised 1.9% m/m decline in October.The trend series fell 1.3% m/m, after a 1.9%m/m fall in October ANZ-Roy Morgan consumer confidence is following suit. Consumer confidence declined 1.6pts last week to 85.5pts. The four-week moving
The Electoral Matters Committee of the Victorian Parliament yesterday brought down the final report for their inquiry into Victoria’s upper house electoral system.
The report brings Victoria closer to an immediate abolition of group voting tickets for state upper house elections, ending their practice in any Australian state or federal election. But such a change is strongly opposed by the smaller parties in the upper house.
For years, MB has argued that the Australian Bureau of Statistics’ (ABS) estimate of education exports is wildly exaggerated because it: Incorrectly includes income from international students working in Australia. Does not adjust for remittances sent home from Australia by international students or former students (which are an import). The ABS estimates that education exports
One Nation is eating the LNP alive. DemosAU MRP Model projects results for all 150 individual federal seats One Nation rise: Approximately 1 in 5 Coalition voters from 2025 federal election now intend to vote for One Nation Final result: Labor leads Coalition 56 – 44 per cent 2PP Some folks still don’t get it.
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