Honestly, the state of reporting on China is a sad combination of ignorance and hope, with very little reality. The poor reporting is led by Bloomberg which must have some kind of PR contract with the ...
Madness gripped the iron ore market yesterday as steel prices rose a bit and iron ore a lot: Mad Dalian too: That wrecks steel mill profitability and guarantees further output falls. Self-defeating ...
Stock markets advanced overnight as the USD retreated due to weaker than expected consumer confidence numbers, with overall risk helped by the PBOC messaging about increased stimulus and rate cuts in ...
Over the twelve years we’ve run this site, there have been many bad policy decisions, many stupid ideas, and an overwhelming number of greedy little men exploiting the nation. At various times, this ...
The SMH’s Editorial warned that Sydney risks “becoming a city with no grandchildren, but also one with no aged care workers, police officers, shop assistants or rubbish collectors”, due to the city’s ...
The Q2 national accounts and the latest labour force data showed that the public sector is powering the Australian economy, masking the deep private sector recession. Government spending hit a ...
Asian share markets are all reflecting their central bank positions today with local stocks slipping as the RBA held fire and looks like doing 2/5ths of you know what for the next 12 months, while the ...
At today’s monetary policy meeting, the Reserve Bank of Australia (RBA) kept the official cash rate on hold at 4.35%. It also flagged that rates would remain on hold for the foreseeable future. The ...
It has been a year since former Victorian Premier Daniel Andrews proclaimed that the state would build 80,000 homes yearly for 10 straight years. Victoria has never built more than 70,000 new ...
Australia’s most industry-captured think tank, The Grattan Institute, must be laughing into its corporate sponsorship beard ...
A mighty debate is underway between foreign policy greybeards: Could the Alexander Downer who accuses me and Paul Keating of appeasement possibly be the same Alexander Downer who recently wrote in thi ...
Analysis by consulting firm EY suggests that the federal government will need to borrow about $90 billion in 2024-25 to finance its spending programs. This is $15 billion higher than the previous ...