Policymakers are exerting significant pressure on Australians to live in shoebox apartments. Their directive runs counter to the wishes of Australians, who overwhelmingly prefer to live in detached houses. The average price premium of a detached house across Australia’s capital cities was 174% in May, according to PropTrack: Detached houses have also experienced far stronger
Middle East tensions are dominating risk taking here in Asia with most share markets finishing in the red, not helped by what looks like a “non-deal” deal from the ongoing US/China talks, regardless of what the Trump regime claim has come to pass. The USD continues to fall against the majors despite a very tame
Last week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS), revealed that real per capita home consumption has been negative for seven consecutive quarters on an annual basis, down 2.4% from its peak. The fall in household spending occurred despite a 1.8% increase in real per capita household incomes in the year
ANZ doesn’t think so. Heightened global trade uncertainty has been driving gold’s rise toward USD3,500/oz. While noise around US tariffs persists,we believe the market will gradually become desensitized to new announcements. As this occurs, macro economic data are likely to take over as the primary catalyst. Market expectations of the level of US tariffs have
NSW Premier Chris Minns wants to solve Sydney’s housing crisis by accelerating the supply of shoebox apartments. A few weeks back, Minns argued that previous governments had been “timid” due to “the NIMBY [Not In My Backyard] backlash” and claimed the public conversation had shifted to “opening the gates to more urban consolidation and development”. “I
The biggest narrative in world markets surrounds the US. On one hand, the US economy has been growing strongly, is resilient and has seen significant productivity growth. On the other, it is being assailed by a raft of economic uncertainties, from tariffs, to domestic demand, capital expenditure plans, tourism, higher interest rates, higher wage growth
Stats New Zealand released data showing that net overseas migration (NOM) fell to 21,300 for the year ending April 2025, a decline from 90,900 a year earlier. This represented a 2½ year low for NOM, driven by slowing arrivals of non-NZ citizens and elevated departures. “Easing arrivals and strengthening departures of non-NZ citizens and still-sizeable
Following the recent practice bombing of every major Australian city by a nuclear-capable flotilla of Chinese warships, Japan has notified allies that Xi’s coming south in other ways as well. Japan said it observed two Chinese aircraft carriers and supporting warships operating simultaneously near remote Japanese islands in the Pacific Ocean for the first time,
The “Stats Guy”, Simon Kuestenmacher, is a well-known immigration shill. For years, he has spread propaganda in support of Big Australia immigration. Last year, Kuestenmacher claimed that Australia’s skills shortages would grow unless net overseas migration remained at a historically high level. In February, Kuestenmacher stated that “Australia is running out of workers and increasingly faces
We are approaching the buy-everything blowoff of the rally. The Market Ear. Getting there SPX and NASDAQ both approaching huge resistance area. At least a pause? Source: LSEG Workspace Source: LSEG Workspace That was quick Strongest comeback in 75 years… Source: DB The Russell revival Russell futures continue pushing higher post the break out. The