State and federal government plans to plaster our cities with high-rise apartments will not improve Australian housing affordability and will ultimately degrade liveability. The reasons are simple: constructing apartments is too expensive. Consequently, buyers cannot purchase them at a reasonable price. As Michael Matusik illustrates above, detached houses and townhouses are far less expensive to
The e61 Institute think tank released an analysis showing how baby bonus handed to parents by the Howard government worked to stimulate births, at least initially. In 2004, the Howard government implemented a universal Baby Bonus—$3,000 per child after birth, later boosted to $4,000 and finally $5,000—to encourage couples to “have one for mum, one
Currency pairs respond to geopolitical events like trade disputes and wars. These aspects often shake global economies and encourage different FX pairs to swing dramatically. If you are a forex trader or plan to try out this venture, remember that. A good example of a geopolitical event that has significantly impacted currency pairs is the
Australian dwelling prices have tracked sideways recently after experiencing a bounce following the 0.25% interest rate cut by the Reserve Bank of Australia (RBA) in February. CoreLogic’s daily dwelling values index has reported only a 0.2% increase in values at the combined 5-city level over the past 28 days, with Sydney and Melbourne recording rises
DXY is back. AUD is forgotten. Lead boots are shaky again. Oil is a dead cat. Gold consolidating. Base metals growth no bueno. Big miners caput. EM caput. Junk is nervous. Yields uh oh for dead cat stocks. Dead cat looking lifeless. Current forex dynamics are not complex. If you want to buy dead cat
International Reading: Federal Reserve Rings Every Alarm Bell About Trump’s Economy – New Republic Sanders Raises Alarm Over GOP Crypto Bill Designed to ‘Enrich Trump and His Billionaire Backers’ – Common Dreams Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer – CNBC The Mother Of All Corruption: Trump’s Pension
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Friday Eve Easy Listening
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The bulls are rushing Australia’s property market. The Reserve Bank of Australia (RBA) is forecast to cut the official cash rate by 1.0% by the end of 2025, taking it to 3.10%. As illustrated below, the Albanese government recently instructed lenders to disregard student debts when assessing mortgage serviceability, which will lift borrowing capacity. The
It’s not rocket surgery. Be green, not fake. Drop the woke malarky. Drop the support for endless population growth and be honest about its devastating effects on the natural world, as well as youth prospects for housing and social progression. Be honest about the limits to growth, not pompously hypocritical to those of differing views.
The Market EAr on the mechanical bull. Stuck, but… SPX is still stuck in some sort of range, but note the short term trend line comes in at the 5700 level (futures). Next resistance above that is the 5750 area and the 200 day slightly higher. A close above that resistance and many will be