Wednesday’s Q3 national accounts release from the Australian Bureau of Statistics (ABS) reported fairly modest real per capita household consumption growth of only 0.1% for the quarter and 1.0% annually. The national accounts also reported a lift in the household savings rate to 6.4%: Viewed in isolation, this data would have soothed RBA concerns that
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, examines the latest crypto price crash — assessing where digital assets now fit within an investment portfolio, what’s really driving the volatility, and whether Larry Fink’s push for a tokenisation boom offers any meaningful upside from here. Join us when we go LIVE at
The Market Ear on Santa or bust. Well ahead Russell well ahead of NDX over the past 6 months. Source: LSEG Workspace Small cap tech as well Small cap tech beating NDX by a huge margin over the past 10 days. Source: LSEG Workspace That’s new Trannies leaving tech behind…Chart 2 shows the two since
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Australia’s unemployment rate is currently at a historically low 4.3%, and the Reserve Bank of Australia’s (RBA) most recent Statement of Monetary Policy predicts that it will continue around this level until the end of 2027. The fundamental reason for Australia’s low unemployment rate is that government spending has resulted in a record increase in
The ferrous complex is stronger in the last week as steel inventory rundowns are finally boosting prices. At least keeping pace with iron ore. Vale is playing games. Brazilian mining company Vale has lowered its forecast for iron ore production in 2026 to 335-345 million tons, according to a company statement. The previous forecast was 340-360
For months, the strong rebound in net permanent and long-term (NPLT) arrivals has pointed to rising immigration and population growth. The latest civilian population data contained in the October labour force release from the Australian Bureau of Statistics (ABS) suggested that population growth has rebounded, alongside the rebound in NPLT arrivals: Wednesday’s Q3 2025 national
Dozens of oil tankers in Russia’s shadow fleet will be hit by a fresh round of Australian sanctions in a bid to starve Vladimir Putin of revenue to fund his war machine as the federal government announces its first military support package for Ukraine in more than a year.
The Albanese government is not about to implement a national-interest East Coast gas reservation scheme. It is about to deliver what the LNG cartel itself campaigned for. Cabinet has not signed off on the final details of the reservation scheme, but several senior government sources unauthorised to speak publicly said the government was preparing to
