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How Australia leveraged a housing bubble

July 23, 2025 - 00:05 -- Admin

Cotality’s latest Housing Chart Pack valued Australia’s total residential housing stock at $11.5 trillion as of June 2025, comprising 11.3 million dwellings. This means that the average value of an Australian home was $1,018,000 in June 2025, a remarkable figure that ranks Australian housing among the most expensive in the world. Aussie YouTuber Biko Konstantinos

Macro Afternoon

July 22, 2025 - 16:30 -- Admin

A soft risk taking mood on Asian share markets today following yesterday’s quiet sessions as concerns continue over the inability of the Trump regime to get any trade “deals” cut before the August 1st deadline, with India and Japan effectively ruling out any such notion. Meanwhile the Europeans are pushing back on the new baseline

Labor’s student debt forgiveness is reverse Robin Hood

July 22, 2025 - 13:30 -- Admin

The federal government’s election pledge to reduce student debt for about three million Australians will be a legislative priority for the first week of the new parliament. University graduates will have their debt reduced by 20%, but e61 Institute economists Jack Buckley and Matthew Maltman have concluded that people in the top third of income-earners

Aussie consumer crawls along

July 22, 2025 - 13:00 -- Admin

Westpac with the credit card tracker. The Westpac-DataX Card Tracker Index* was largely unchanged over the first two weeks of July. At 137, the latest weekly read continues to hold around the lower end of the range seen since mid-May.   The quarterly growth pulse is holding in the 0.9-1.1% range that has prevailed for

Why does China overproduce eveything?

July 22, 2025 - 12:00 -- Admin

Goldman with the note. …the Central Commission for Financial and Economic Affairs (CCFEA) meeting chaired by President Xi on July 1 called for building a “unified national market” to discourage local protectionism, as well as regulating disorderly price-cutting and excessive competition among producers. For background, the CCFEA held a meeting on the “healthy development of

EV hypocrites run wild

July 22, 2025 - 11:30 -- Admin

Scott Maynard, managing director of electric vehicle (EV) maker Polestar in Australia, has called for an end to tax breaks for large four-wheel-drive utes. Maynard says the fringe benefits tax (FBT) concession “continues to disproportionately serve the sale of dual cab utes and not what I would consider to be a far more progressive style

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