In Albo’s great grovel to China, there is a trend that nobody dares speak its name. Despite the ALP’s weak-kneed Chinese fixation, the truth of it is that the Chinese economy is getting weaker, not stronger, with no end in sight. Ironically, for Albo’s great Chinese kowtow, this is particularly the case when it comes
Bob Brown and Drew Hutton jointly founded the Australian Greens party in 1992. Co-founder and life member Drew Hutton was expelled by the party for a series of Facebook posts and comments he made about the Greens’ pro-transgender platform. Following Hutton’s expulsion, it was revealed that more than 40 members of the Greens nation-wide have
The Market Ear first. Nervous bonds Biggest 2 day pick up in bond volatility since the start of the Liberation Day “chaos”. Meanwhile, the 10 year is doing very little. Source: LSEG Workspace The MOVE Bond volatility; Two months of volatility decline is gone in two sessions. MOVE vs VIX gap is suddenly very wide.
When it comes to the Albanese government and the issue of housing, there are two very different approaches taken. There are boasts about the government’s 1.2 million new home target and flashy social media posts about the various demand-side interventions that the government is undertaking. On the other hand, there is the data coming out
Real per capita household disposable income is arguably the single best measure of per capita living standards. OECD data showed that in the decade to the March quarter of 2025, Australia has experienced the weakest growth in real per capita household disposable income out of major English-language speaking nations Australia’s real per capita household disposable
For anybody who has followed this debate for any length of time, this is as depressing as it is typical from The SMH. Chief executives of 10 major manufacturers have decried the “broken” state of Australia’s gas market, telling the Albanese government it must force a significant reduction in gas prices and limit exports of
No big surprises overnight as the expected softening of the US jobs situation was confirmed by the weekly initial jobless claims and private ADP prints, giving a clear run to a September rate cut by the Fed. Of course, a worsening situation for middle/lower America is gold for Wall Street which rallied nearly 1% across
Canberra is in the grip of the most cowardly pack of no-hopers anybody can remember. Earlier this year, Australian passenger planes were targeted by live missiles in the Tasman Sea with no warning. The moment a Virgin Airlines pilot raised the alarm about a live-firing exercise by Chinese warships in the Tasman Sea can be
Financial markets have extinguished hopes of the Reserve Bank of Australia (RBA) delivering a rate cut at the September monetary policy meeting. Their pessimism is warranted given the stronger-than-expected recent run of data from the Australian Bureau of Statistics (ABS). The trimmed mean CPI inflation indicator for July rose materially, increasing by 0.6% to 2.7%.
The Australian Bureau of Statistics (ABS) on Wednesday released the national accounts for Q2 2025, which revealed stronger-than-expected growth. Analysts had tipped a 0.4% rise in headline GDP, and the RBA had forecast 0.5% growth. However, a 0.6% rise was recorded, led by household spending. Household spending per capita rose by 0.5% in Q2, the