In the last four years, expectations for the RBA cash rate have been wildly variable. Back in late 2021, the Commonwealth Bank was projecting a peak cash rate of just 1.25% by the end of 2023. While this estimate may seem low now, it was not alone at the time, as many economists and institutions
Australians experienced one of the world’s largest declines in real per capita household disposable income after the pandemic, reflecting soft nominal wage growth amid high inflation, tax increases, and rising interest payments. Australia’s growth in real per capita household disposable income has also been among the softest in the world over the past decade, according
A wobbly night on Wall Street due to Oracles earnings but also a “normalised” US initial jobless claims print proving the labour market is soft as the Fed claimed in its rate cut the previous session. While tech stocks pulled back, European shares lifted with futures indicating a boost for Asian markets here on the
I reported last week how Chief Executive and Principal Registrar at the Administrative Review Tribunal (ART), Michael Hawkins, informed Senate Estimates that the ART was being overwhelmed by an “explosion” of international students appealing their visa rejections. Senate Estimates was told that the ART is struggling to process a whopping 46,590 student visa decisions as
The cost of Sydney housing is insane. According to Domain, the median house price in Sydney was $1,751,700 in the September quarter of 2025, up more than $700,000 from a decade earlier. According to Cotality’s latest housing affordability report, the cost of the median dwelling in Sydney was valued at 10.0 times the median household
Its not been all roses and sunshine following last night’s rate cut by the Fed with Asian share markets mixed at best while commodity and currency markets are moving into risk off mode on the escalation in the Caribbean by the Trump regime’s seizure of an oil tanker and some questioning around AI spending via
Thursday’s labour force release for the month of November handed Victoria another unwanted title: the unemployment state. As illustrated in the next chart, Victoria’s trend unemployment rate was the highest in the nation at 4.7%, significantly above the national average unemployment rate of 4.3%: As illustrated below by Alex Joiner from IFM Investors, if you
From the Market Ear: Inverse HS? Is SPX flirting with an inverse HS formation? A proper close above the 6900 area (futures) and things could get squeezy. If November was just a shake out of weak hands, and the trend channel remains the compass, then we have room to push this substantially higher. Russell roaring
The latest Statement of Monetary Policy from the Reserve Bank of Australia (RBA) forecasts the unemployment rate will remain at 4.4% through to the end of 2027. Today, the Australian Bureau of Statistics (ABS) released the November labour force report, which reported that the unemployment rate remained at 4.3% in both seasonally adjusted and trend
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, digs into the great valuation debate — exploring how stretched markets truly are, what’s driving the disconnect between price and fundamentals, and where investors should be most cautious as the cycle matures. Join us when we go LIVE at 12:30 AEDT Take us on