If you are curious about the differences in methodology between myself and the usual auction data providers, there is an explanation down the page. This weeks result brought something of a rare result to the Sydney and Melbourne auction markets. The headline sold to listed clearance rate in Sydney eclipsed that of Melbourne, with
‘North Head from above Balmoral, Sydney Harbour’ 1866 Conrad Martens, Art Gallery of NSW Global Macro Nvidia becomes world’s first $4tn company– BBC Why is Trump targeting Brazil – and will it backfire for Bolsonaro?– BBC Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion– AP US economy
More bullying from the Trump regime as it hits former ally Canada with blanket 35% tariffs in its latest letter “diplomacy” that briefly saw the Loonie sell off sharply and rattle some Asian share markets before some stability prevailed. Some more co-ordinated US Treasury selling in the coming days or weeks could enhance the TACO
Get set for a “growth mindset”. Or, should that read, get ready for a barrage of motherhood statements followed by a corporate tax cut? The PC’s Danielle Wood is readying for her moment of glory. Nine. First, we can’t talk about productivity without talking about the immense potential of new technologies such as artificial intelligence.
Unlike the sick man of Asia, the US is rebuilding industry. Morgan Stanley. Our US Industrials analysts note that since 2018, the US has increased its share of global capex significantly — a notable reversal from the decline following China’s WTO entry in 1999. The US now accounts for roughly 30% of incremental global capex,
Back in October 2009, then Prime Minister Kevin Rudd publicly came out in favour of a ‘Big Australia’ following the release of what was then the latest Intergenerational Report. The plan was to rapidly expand Australia’s population growth to a level where it would hit 35 million by 2050. At the time, this prompted criticism
A couple of stories today make for some very unsettling reading about Kevin Rudd’s role in Australia’s pivot to China. The pivot comprises two halves. First, Rudd is failing in Washington. With Australia clearly on the outer of the Trump administration, we already know Rudd’s pre-appointment insults have played a passive role. Now, it appears
With the release of the latest U.S. employment figures last week, a still relatively robust American labour market in aggregate was revealed. In the minutes and hours that followed, analysts began to put together the pieces as to why it had remained so strong: non-market job creation. For those perhaps not familiar with the term,
At the recent federal election, the Albanese government was reelected with by far the best result for a first-term government in the nation’s post-World War 2 history. Such was the failure of the Opposition, led by Peter Dutton, to present an alternative case for its leadership to the Australian people that the Coalition now holds
Chinese inflation is sinking again. The CPI is stalled while the PPI gallops backwards. CPI: +0.1% yoy (+1.9% mom annualised*) in June vs. GS: -0.1% yoy, Bloomberg consensus: -0.1% yoy; May: -0.1% yoy (+0.5% mom annualised*). Food: -0.3% yoy in June (+6.2% mom annualised*) vs. -0.4% yoy in May. Non-food: +0.1% yoy in June (+1.1%