Local Reads Senior home affairs official abused public office to get her future brother-in-law a job, Nacc finds – Guardian…absolute disgrace…. National Anti-Corruption Commission suppresses name of corrupt public servant – Ninefax Federal government commits $430 million to prop up Newcastle hydrogen hub – ABC Qantas executives slow to be seen after data breach affecting
Stock markets are having mixed reactions to the early morning passing of the Trump regime’s Big Billionaires Bill but are also hesitating around the blanket tariffs that are set to go into motion on the 1st August. The Orange Mussolini has resorted to just sending out letters instead of negotiating trade deals as he is
Victoria disease is the economic malady brought on by the immigration-led labour market expansion economic model run flat out by Labor governments. It puts population growth at the centre of GDP, which leads to endemic crush loading of all public services—including housing, transport, health, and education—driving up public debt as state governments fruitlessly attempt to
Just a few short days prior to May’s federal election, senior figures within the Coalition believed they were on course for victory and that the Albanese government would be the first one-term federal government since the Great Depression. They were absolutely correct that the election would be one for the record books, but unfortunately for
This is what the Trump administration just passed in its Big, Beautiful Bill. Tax Reforms Permanent Extension of 2017 Tax Cuts: The bill makes the 2017 tax cuts permanent, maintaining lower tax rates and brackets, and doubling the standard deduction and child tax credit . New Tax Deductions: Introduces deductions for tips, overtime pay, and
Albo has no idea about productivity, and not much else. He’s a backroom bovver boy good at pretending he’s nice while lacking all brain cells. His latest brainfart is just another political boondoggle for phonies. The Australian. Mr Albanese will call for co-operation across the spectrum to increase productivity and allow the private sector to
In China’s meteoric rise as an industrial power, that would see it become “The World’s Factory”, it has increasingly relied on imports of raw materials, particularly from Australia. Over time, this has seen the level of Australian resources exports absolutely skyrocket. In inflation-adjusted 2024 dollars, they have risen from under $100 billion a year in
As the global economy continues to decelerate amidst a backdrop of escalating trade conflicts and war in the Middle East, interest rate futures markets are increasingly pricing in additional rate cuts from the RBA. As of the latest close of the futures market, roughly 3.9 rate cuts are priced in by the market over the
One of the reasons China grovelers are so prevalent in Australia is the argument that China is one of the few substantial countries with which we have a trade surplus. This is true. But for how long? Albo’s three year Great Grovel of China has been so successful that Aussie exports are imploding while imports
As I have noted for many years, managing money successfully in Australia is as stupid as the structure of the underlying economy. The only question before any fund manager that matters, given his/her reliance on relative returns, is whether to be overweight miners or banks. Equally, for a year or so I have been arguing