Australian manufacturers offered $50 million to boost local production in midst of home battery boom
There was a time when I thought more women in power would make a positive difference. After all, they are the caring sex, and it was my thought that that might be expressed through greater concentration on the long-term collective benefit. The naivety of this thinking is more than idle. It is a window into
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The Market Ear has more. Not calm VVIX at 125 and VIX at 25 is not calm markets. Noteworthy is that the VVIX/VIX gap stays wide. Source: LSEG Workspace Put love is back Put call ratio exploding to the upside as the crowd never buys protection when they can, but when they must… Source: Tradingview
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The Susan Ley-led opposition has promised that a future Coalition government would run a ‘smaller’ immigration program that is around 100,000 below current extreme levels and basically the same as excessive pre-pandemic levels: The Coalition will position the cut as a way to ease the pressure on housing, infrastructure, schools and health care, as some
Hunkered down in Canberra after 11 November with the ‘caretaker’ conditions imposed by the Governor-General on Malcolm Fraser, there was a sense of unreality and nagging doubt about the future. The political and social fabric of trust had been torn. Would it keep tearing?
Wall Street continued to selloff overnight but the falls were greater across the Atlantic as European share markets lost around 2% each despite a much lower Euro. US tech stocks made lower lows mid sessions but were able to recover later on, but it seems the wobbles in the AI bubble are deepening. Macro political
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Ben was joined by Frank Bongiorno and Chris Monnox to discuss the history of Australia’s federal parliament being expanded, in 1949 and 1984. We discuss the motivations for these changes, the positions taken by the parties and why it happened when it did. We also discuss efforts to break the ‘nexus’ which links the size of the House to the size of the Senate.
DXY is still firming. This may go on until the December Fed meeting. AUD is pinned at 0.65 cents. It looks more likely to break lower given all of those tails. CNY yawn. Gold and oil holding. AI metals are not. This is part of the junk spread widening. Miners struggle. Ditto EM. Junk is
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Western politicians are focused only on exploiting Ukraine’s far-right-allied government for personal and geopolitical gain and have no concern for the country’s ordinary citizens, musician and human-rights activist Roger Waters has said.
The Victorian government’s recent tax changes—including higher land taxes, expanded levies, and reduced thresholds—have discouraged property investment by significantly increasing holding costs, reducing returns, and prompting thousands of investors to sell or avoid new purchases. In particular, the tax‑free threshold was cut from $300,000 to $50,000, meaning far more investors are now liable for land
