Treasurer Jim “chicken” Chalmers is warming up to spend.

Former Victorian Premier Daniel Andrews announced in 2023 that the state would build 80,000 homes annually for the next ten years.

The Future Fund, which is one-third the size of the Australian economy, will be directed to invest in housing, security, and the green energy transition “where possible, appropriate, and consistent with strong returns”.

Is Trump Hitler?

Morgan Stanley with the note.

Earlier this year, the NSW Productivity and Equality Commission (PEC) lamented that young Sydneysiders were leaving the city, forced out by high housing costs.

Australian energy is a disaster.

The Reserve Bank of Australia (RBA) noted in the minutes of its board meeting for November that there are signs that the job market is beginning to tighten.

Steel and iron ore futures are range trading.

You can’t keep a good DXY down, AUD smashed back to the canvas.

CBA Senior Economist Stephen Wu has released the bank’s forecasts for the upcoming monthly CPI indicator. CBA expects the monthly indicator to record annual headline inflation of 2.1% in October, near the bottom of the Reserve Bank of Australia’s (RBA) target range of 2% to 3%.

Nothing better sums up the divergence of economic fortunes between young and older Australians than this week’s analysis of spending habits by age from the CBA.

Kevin07 is back.

The latest consumer price index (CPI) data for New Zealand showed that headline inflation had fallen to only 2.2% in the year ended Q3 2024, tracking within the Reserve Bank’s inflation target of 1% to 3%.

You know the lunatics are in charge of the asylum when Australia’s own National Anti-Corruption Commission (NACC) is embroiled in corruption issues.

The AEMO and other energy regulators are worried that Australia will suffer from severe gas shortages in the coming winter and every winter after that.

Steven Blitz at TSLombard is excellent at times.

The latest ANZ/CoreLogic housing affordability report has revealed the “impossible” barriers facing Australian first-home buyers.

Trump blowoff is still the base case.

It’s machine-like trading around the US dollar at the moment.

Westpac with the note.

Two charts tell the story of the bare-knuckled fight between the RBA and the Albanese government.