The election would be over if Peter Dutton applied domestic gas reservation in the east. Everybody supports it. Instead, he’s going to apply nothing whatsoever. The Australian. The Coalition will demand gas producers commit to prioritising supply to the domestic market in return for approving a “bucket load” of new projects, with a particular focus on
Having already hypothetically destroyed Canberra, Sydney, Melbourne and Brisbane with nuclear-armed HN missiles, the tiny “flotilla” of Chinese vessels is moving to annihilate Adelaide. The federal government is preparing for a flotilla of Chinese warships to circumnavigate Australia in coming days, as Foreign Minister Penny Wong accused the Coalition of “beating the drums of war”
The latest US initial jobless claims number spiked overnight and combined with more senseless tariff threats from Trump including doubling down on China saw volatility hit Wall Street hard as all the post election gains were wiped out, taking European stocks lower as well. The USD is pushing back against the undollars with new daily
The Reserve Bank of Australia’s (RBA) 0.25% interest rate cut and expectations of more easing have delivered a strong rebound in Australian home prices, driven by Sydney and Melbourne. After declining for three consecutive months, Australian dwelling values recorded a 0.3% increase in dwelling values across the five major capital cities in February, with each
The Market Ear with more. Fear mania CNN’s greed/fear index entered extreme fear yesterday. This much fear has mostly been followed by the market bouncing. Source: MacroMicro Bulls in hibernation Massive downtick in AAII bulls. Source: Refinitiv Bear mania Huge move higher in bears according to the latest AAII sentiment survey. Source: Refinitiv Imminent upside
DXY is back on tariff talk. AUD was poleaxed on the same. Lead boots were made for sinking. Gold needs a bigger pullback. Oil needs to break down. Goldman has wrecked the world’s most important metal. Big miners into the pit. EM meh. Junk meh. Yields up. Stocks down. The Mad Man is back. Bloomberg.
In January, Domain published the following chart showing how the percentage of income Australians spent to service mortgage repayments on a median-priced home had hit a record high of 50.6% at the end of 2024. This was up from the decade average of 36.6%. New data from Domain shows the breakdown of mortgage payments across
Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen check in on house price affordability for Australians after the recent interest rate cuts. 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 the Macrobusiness Fund, which is powered by Nucleus
Simon Kuestenmacher, dubbed the “Stats Guy”, is a well-known immigration shill. For years, he has spread propaganda to support Big Australia. Last year, Kuestenmacher claimed that Australia’s skills shortages will worsen unless net overseas migration remains at an historically high level. “Let’s start with a quick analysis of how important foreign-born workers are for each
In recent federal elections, Victoria has represented a stronghold for the Labor Party. The 2022 federal election saw Labor win 24 out of 39 Victorian seats and 54.83% of the two-party preferred vote. However, in the upcoming election, Victoria is shaping up as a problem state for the Albanese government. Poll Bludger shows a 5.4%