God knows why. They can have my place. Machetes and all. Overseas buyers bought 2606 properties in Victoria last year compared with 1703 in 2021-22, a more than 50 per cent increase over two years, figures from the Australian Taxation Office’s inaugural Register of Foreign Ownership report show. I guess it’s still worse in the Third World.
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When the new electoral map was published in 1984, it kicked off a game of musical chairs, but with a difference – this time there were more seats than players. Some of these seats were more attractive than others, but it wasn’t simply a matter of every sitting MP moving to the safest possible seat.
Last month, Prime Minister Anthony Albanese falsely asserted that Australia will experience a “era of growth and prosperity” through a renewables-based future, with the private sector at the forefront. “The global shift to clean energy is the biggest economic transformation since the industrial revolution and it is a profound economic opportunity for Australia”, Albanese said
In the world of modern Australian politics, the once great debate of ideas between the likes of Chifley and Menzies is but a memory, replaced by a battle of small-target opposition versus small-target government. In some ways, there is a good reason for this: it works at the ballot box. At the 2013 election, then
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RBA governor Michelle Bullock did a fireside chat last night, which was pretty dull but it did have a few moments of interest. Bullock made it pretty clear that the board is unlikely to cut rates next week, putting the recent unemployment surge down to one month of data. Of course, it is a clear
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Wall Street rallied again overnight on the prospect of a potential US-China trade deal while also supported by the Fed punch bowl where everyone expects one rate cut this week. The USD pulled back against some of the majors, stabilising against the burgeoning Canadian Loonie while Euro drifted higher, as the Australian dollar stood out
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Putin calm re oil sanctions and in reply to first question re EU ban on Russian toilet bowls: “This will cost them dearly. They will need them, if they maintain same policies toward Russia.” FSB’s Bortnikov briefs Nat’l Security Council on counterterrorism...
https://www.youtube.com/watch?v=ticym1Y0bMw
DXY is still refusing to fall. AUD doesn’t mind as a US/China trade deal ignites all the things. CNY to the moon! Woe is gold. Oil not shooting the lights out. AI metals to the moon. AI RIO to the moon. EM to the moon. Junk gives the green light. Yields soft. Fed to cut
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It’s now in all the media. Lee Jae-myung will meet Donald Trump and Xi Jinping next week.
Both are billed as state visits; only one will function as one. The first will be a circus, the second will be a summit. The difference could not be starker.
US President Donald Trump said on Saturday that he would only meet his Russian counterpart Vladimir Putin once the terms of a potential deal were clear. Moscow agrees that such a meeting must be carefully prepared, but the two sides mean very different things.
Fyodor Lukyanov: The road to peace runs through the ruins of Atlanticism
Environment Minister Murray Watt wants the Parliament to amend our environmental laws, but leave a key component for him and his Department to sort out later. Former Senator Rex Patrick reports on EPBC reform.
“Trust me, I’m from the Government”.
Abul Rizvi’s forecast that Australia’s net overseas migration (NOM) will track around 300,000 under current immigration policies, 15% higher than the Treasury’s forecast, confirms that the rental crisis will persist. It is important to put Rizvi’s 300,000 NOM forecast into a historical perspective. In the first 60 years following World War II, Australia’s NOM averaged
