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Bowen pumps endless renewables propaganda

November 20, 2025 - 10:30 -- Admin

Federal energy and climate minister Chris Bowen touted South Australia’s world-leading renewables share in a final pitch to secure hosting rights for next year’s COP31 UN climate conference. Appearing at the COP30 climate conference in Belem, Brazil, on Tuesday, Bowen unveiled a report from the Clean Energy Investor Group (CEIG) boasting South Australia’s three-quarter share

Wage growth dump humiliates RBA

November 20, 2025 - 10:00 -- Admin

The RBA has been strong on the idea that a rebound in services wage growth is behind the recent bounce in headline inflation. It argues that without productivity, wage inflation must be pushing up prices in these areas. Yesterday’s Wage Price Index was unsupportive of the argument. The WPI was, as expected, stable at 3.4%.

Macro Morning

November 20, 2025 - 09:00 -- Admin

Wall Street managed to escape a selloff overnight with the release of not so quite dovish FOMC minutes, but then the wobbles came through bond and currency markets as the Trump regime announced they weren’t releasing the October jobs print while the November print won’t be after the December Fed meeting. The USD went on

Student visa fraud on the rise

November 20, 2025 - 00:05 -- Admin

I explained this week how the Albanese government has taken specific actions to bolster the flow of international students into Australia. These actions come as the number of international students and graduates in Australia is tracking at a historically high 3.2% of the nation’s population as at Q3 2025, up from the pre-pandemic peak of

Macro Afternoon

November 19, 2025 - 17:00 -- Admin

Stocks across Asia had mixed sessions today with domestic pressures overriding the bigger macro picture with tensions between China and Japan still boiling over. Most undollars fell back during the session, especially the Kiwi on the poor PPI print while the Australian dollar lost its gains from overnight on the wages data while Bitcoin briefly

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