CBA head of Australian economics, Gareth Aird, has explained why he believes the Reserve Bank of Australia (RBA) will cut the official cash rate at its May monetary meeting. Aird noted that “the recent run of domestic data has on balance been a little softer than the RBA forecasts imply”. The softer readings include the
I was wrong to have written off Peter Dutton and the Coalition. On Thursday night, Dutton gave his budget reply speech. And while there were some minor things I disagreed with, I believe he got the biggest policy issues right. Below are the announcements I liked, followed by those I didn’t. Liked alot: East Coast
Noise around the latest tariff tirade from Trump, this time on cars from – well everywhere – has not really affected Asian stock markets that much relatively speaking as regional concerns outweigh the dummy spitting from the White House. The USD is lifting slightly against the major currency pairs, particularly Euro while the Australian dollar
Goldman has pumped copper and is now turning. A key signal that the top is near. The US looks set to announce copper import tariffs in the coming weeks, according to apress report. This would shorten the timeline for tariffs, which we were expecting between September and November. What is the impact on physical market
Let us recall the spectacle of Raja Albo dining with his fellow lords of Indian immigration over a damn good curry and discussions about how to gut the Australian border. Perhaps the suspected baksheesh was insufficient, or the Rajas underestimated Albo’s nature because, today, it is reported the man behind the party is not doing
They keep trying and keep failing to describe what is going on. SMH. Yet a gas reservation policy now will not save Australia from the diabolically embarrassing scenario of having to import gas to keep the lights on in Melbourne and Sydney. Understandably, Australians are having trouble getting to grips with the fact that we
Greenpeace, the Australian Conservation Foundation (ACF), and WWF Australia are among several environmental groups that will actively target Labor in the run-up to the federal election. They will help fund an advertising campaign against the federal government’s plans to legislate to protect Tasmania’s salmon industry. The groups contend that the legislation will hasten the extinction of
Tuesday’s federal budget included the following explanation of how the decline in tobacco excise has resulted in the loss of billions of dollars in revenue. Excluding new policy decisions, excise and customs duty receipts have been revised down by $1.7 billion in 2025–26 and $8.5 billion over the five years from 2024–25 to 2028–29. The
Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen look at earnings forecasts and which sectors are starting to see the effects of the chaos around policy making and tariffs. 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
Liberal leader Peter Dutton has thrown a cost-of-living Hail Mary at voters, promising to halve the rate of fuel excise for a year, which would cost the federal budget $6 billion. Dutton boasted that his policy would take effect as soon as the Coalition wins office, unlike Labor’s new tax cuts that are more than