Resolve with the fear. Voters have lifted Opposition Leader Peter Dutton to a significant new lead in the race for power at the federal election, backing him as a strong leader while slashing their core support for Labor to a new low of 25 per cent. The shift has taken the Coalition to a lead
In December 2024, Freelancer CEO Matt Barrie delivered a must-watch keynote speech to the Northern Beaches Liberal Party, which, among other things, explained how the federal Labor Party imports migrants that are more likely to vote Labor. Barrie noted that Indians comprise the largest migrant group imported into Australia. New Indian migrants overwhelmingly vote for
I’m not sure it will be a high-speed or especially smooth lift, but the German election result should aid the AUD at the margin. CDU Conservatives will form some kind of coalition excluding AfD. The hope is it will attempt to alter the fiscal cap in the German constitution, but that won’t be easy, requiring
The prospect of interest rate cuts from the Reserve Bank of Australia (RBA) has engineered a rebound in Australian house prices. This year’s final auction clearance rates have rebounded strongly, which historically is associated with an uplift in prices. This weekend’s preliminary auction clearance results from CoreLogic suggest that the auction rebound continued, with a
DXY was firm. AUD legged down the leg up. Jaws still open. Oil was flogged. Can’t find an obvious reason. Commods mixed. Miners down. EM Deep Seeking continues. Junk yawn. Yields rolling? Stocks puked. US housing and services data was soft but not terrible. Perhaps everything was exaggerated by Batwoman’s new coronavirus. More likely were
Congratulations must go to the Albanese government and its Grand China Grovel, for it has delivered what is left of “Australia” a truly unprecedented outcome. When Qantas pilots jetting across the Tasman have to worry about the threat of potshots from Chinese warships, the stabilisation in relations between Canberra and Beijing has reached its limits.
International Reading: Donald Trump gets bad news on economy: poll – News Week Economist Warns That Elon Musk Is About to Cause a “Deep, Deep Recession” – Futurism Is DOGE Just Making Up Numbers And Hoping No One Notices? – Huff Post Trump says his administration will check Fort Knox ‘to make sure the gold
Its all about Japan today as the latest inflation figures come in hot, sending a flurry of activity across the Japanese government bond market and Yen sharply lower as the BOJ indicates more rate rises are needed. Other Asian share markets are doing well although local shares are still flopping around due to the latest
The Real Estate Institute of New Zealand’s (REINZ) house price index (HPI) for January was released this week. Nationally, home values declined by 0.2% in January to be 1.4% lower year-on-year. The seasonally adjusted HPI recorded a slight increase of 0.1% in January, which was lower than the 0.7% rise in January 2024. After experiencing one
The latest insolvency data from the Australian Securities and Investments Commission (ASIC) shows that 1,420 businesses in the hospitality industry became insolvent in the first seven months of 2024-25. This represented a 62% increase on the 877 hospitality businesses that went under in the same period of 2023-24 and 156% higher than the same time