All he had to do was keep saying, ‘I’ll lower the cost of everything.’ Instead, he has hatched the most disastrously inflationary energy policy I have ever seen. Peter Dutton said gas “will be incredibly important” for the grid and insisted he is eager accelerate new projects such a Narrabri in NSW to ensure more
Over the past decade, the number of cafes nationwide has reached an unsustainable level, and many are struggling to survive. I moved to my home suburb of Ashburton, Melbourne, in 2006. At the time, the local High Street shopping strip had only a few cafes. The number of cafes peaked at around a dozen in
CoreLogic released its first auction results for 2025, with final clearance rates crashing to new lows in the week ending 26 January. The national final auction clearance rate fell to 55.6%. This was the lowest result since the final week of 2022 when housing market conditions were adjusting to successive cash rate increases. The decline
International Reads: Costco to raise hourly pay for most US store workers to over $30 – Reuters Trump says US could soon put 25% tariffs on goods from Mexico, Canada – Reuters Trump’s grant gambit threatens to wreck the goldilocks economy he inherited – CNN Americans tipping less as frustration over prices and prompts grows,
Asian stock markets are doing well to absorb the latest Fed and ECB meetings with the added volatility of a Japanese inflation print and subsequent BOJ comments giving Yen a reprieve after the USD fell all week. Indeed, the USD is strengthening against most of the majors again as the Clown in the Oval Office
Will Australia’s real ambassador to the US please stand up? Golfing great Greg Norman hinted he was called upon once again to act as a bridge between the Australian government and Donald Trump, helping to arrange a meeting between the president and ambassador Kevin Rudd. MB has noted many times that Rudd chum is blood
Every opinion poll released in 2025 has shown the Albanese Labor government trailing Peter Dutton’s Coalition on both primary and two-party prefered vote. In recent elections, Victoria has represented a stronghold for the federal Labor Party. The 2022 federal election saw Labor win 24 out of 39 Victorian seats and 54.83% of the two-party preferred
Ambos, police, doctors, nurses, mental health workers: wage claims, strikes, walkouts, burnouts, suicide. All of these crises are linked in several different ways. Paramount is the federal immigration-led economic model that piles people upon people—often from a Third World where life is cheap—while the states that govern most of the front-line services are left to
The dollar has been eviscerated. But import prices are going precisely nowhere. Key statistics Export price index rose 3.6% this quarter and fell 8.6% through the year. Import price index rose 0.2% this quarter and fell 1.9% through the year. With the private economy so weak, importers are bringing in falling international prices for goods,
Australians are suffering their longest-running per capita recession on record at seven consecutive quarters. This recession is driven by the household sector, where per capita household consumption has fallen for six of the past seven quarters. The Melbourne Institute’s latest nowcast for Australia’s Q4 GDP growth, compiled by Justin Fabo from Antipodean Macro, remained at