International Reading: Billionaires pay a lower tax rate than the rest of America’s taxpayers, new study finds – CBS News Trump Seems Pretty Socialist These Days – Bloomberg Trump’s Appointees Could Rule the Fed for Decades – NY Times It turns out Gen Z is not ‘thriving’ the way they thought they would be: ‘American
Asian share markets are finishing the trading week in a mixed mood with US and European stock futures not moving much as they anticipate a long weekend for the former and the end of week/month double witching session. The USD is steady against most of the majors but losing ground against the commodity currencies with
The latest official labour force survey showed that New Zealand’s unemployment rate lifted to 5.2% in Q2 2025, the highest rate since Q4 2016. New Zealand’s underutilisation rate, which combines unemployment and underemployment, also surged, indicating a significant surplus capacity in the labour market. On Thursday, Statistics New Zealand released its filled jobs survey, which
The Market Ear with more. Finally? Gold flirting with a break out above the huge triangle like formation. Complex psychology has developed inside this consolidation… Source: LSEG Workspace Frustration Gold net non commercials front ran a move lower, but gold has moved higher. Plenty of room to increase the long… Source: LSEG Workspace Computers –
Albo’s anti-American rabble is mounting is pretending to care about ANZUS. The Australian. As Richard Marles engaged in high-level speed dating with Donald Trump’s top officials in the White House, Anthony Albanese was rolling out the red carpet in Canberra for an influential US Republican congressman. After a seven-month pursuit, Albanese is within striking distance
Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen looks at the difference between GDP and company profits, discussing when you can get divergences and how investors should think about returns. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at
Below is another brilliant guest post from MB reader Erin Rolandsen, CEO of Angelassist. Erin’s previous articles can be read here and here. Australia is facing a dangerous moment in its democratic life. On one side we have the word “immigration” being censored by bureaucrats. On the other side, we have extremists who want to
The chair of the government’s National Housing Supply and Affordability Council (NHSAC), Susan Lloyd-Hurwitz, who is a former chief executive of property developer Mirvac, has warned that Australia faces a generational housing crisis. Lloyd-Hurwitz said that while there is no easy fix to the housing crisis, governments “should be building more social housing to take
Why would you invest in Australia? There’s no need. The mass immigration economic model provides topline growth and cheap foreign labour manages your margins. It’s nirvana for the 1%, especially when you throw in the mushrooming cheap personal grooming sector. And so, there is no investment growth in Australia to match the expanding population. From
Earlier this week, Alan Kohler penned an article at the ABC arguing that immigration was the key issue missing from the federal government’s productivity roundtable held last week in Canberra. Kohler noted that “at least 800,000 more people came to live in Australia over the past four years than Treasury anticipated. That’s more than three extra