29 of the 31 provinces on the Chinese mainland have released growth targets for 2026. Nineteen of the 29 provinces reduced their 2026 growth goals. This sets the stage for Beijing to follow suit and reduce the national real GDP growth objective from “around 5%” last year to “4.5-5.0%” for 2026. The structure of growth
Once mighty software is being devoured by AI. The problem is that when AI can be added to anything and everything, tailored to specific industries and even specific business needs, the broad-based software package with a big moat is history. Tech volatility is leading broader market volatility higher. There’s no panic but there’s no retreat,
Brisbane’s housing market has experienced one of its largest-ever price booms over the past five years. According to PropTrack, Brisbane dwelling values soared by 95.7% in the five years to January 2026: As a result, Brisbane has become the second most expensive housing market in the nation based on median values, behind Sydney: KPMG’s latest
Over the last cycle of immigration-led growth, inflation was endemically weak. This was thanks to two main factors. The 2013-2020 surge was driven by Chinese immigrants who brought substantial investment capital to new apartment blocks. The result was a massive build-out in rental stock, which drove down rents despite inflows of people. While many of
The Migration Institute of Australia (MIA) is the country’s peak professional body for registered migration agents and migration lawyers. It represents and supports professionals who provide migration advice to individuals, families, employers, and organisations. The MIA also lobbies the government on migration policy and regulatory issues. Peter van Vliet, CEO of the MIA, authored an article
South Korean President Lee Jae Myung recently pledged to rein in real estate speculation, which was threatening his nation’s future, vowing to stabilise the housing market “by any means necessary.” “For the sake of a reasonable and prosperous nation, (I) will put an end to real estate speculation that could ruin the country by any
The ferrous jaws must close, and slowly they are. Scuttlebutt is bearish. Chinese steel mills trimmed purchases ahead of the extended Lunar New Year holiday while preparing for scheduled maintenance, dampening near-term demand. Port activity in China also softened, with industry data showing lower transaction volumes, suggesting mills are relying less on spot cargoes. Port
Every day, the Albanese government’s Housing Accord target of building 1.2 million homes over five years slips further from reach. Data released on Tuesday by the Australian Bureau of Statistics (ABS) showed that the rate of monthly dwelling approvals in trend terms stalled at just under 16,500 for the month of December, 3,500 below the
The most recent Roy Morgan Poll reflects the ongoing turmoil among the opposition parties. With 30.5% of the vote still going to the ALP, One Nation is up 2.5% to 25% ahead of the Liberals, the Greens are down 2% to 18%, and 14% of voters back Independents and Other Parties, including 2.5% who favour
Overnight saw a big swing in volatility all based on US markets as AI concerns on earnings sent half of the NASDAQ down while a rally in precious metals gave undollars a lift against USD across the board. Then we saw a big bounce in oil prices with more speculation about the Trump regime bombing