The ABS released housing finance commitments on Friday, and the standout number was the flight of investors with a quarterly crash of 10.2%. The total Q2 drop was -5.4%, with owner-occupiers ...

The headline number of Chinese property sales remains awful. Stimmies to the rescue! MS. China launched a RMB15tn five-year urban-renewal programme covering 115,000 ageing communities and c.500,000 ...

Australia’s immigration policy is worsening labour shortages in the construction sector. As reported by the Grattan Institute, “migrants are less likely to work in construction than in most other ...

Victoria’s state budget is drowning in debt, has the lowest credit rating in the nation, and risks further downgrades. Moody’s recently warned that by the end of the decade, $1 out of every $10 in ...

Investors in renewables say confidence in the Australian energy market is declining. A national investor survey by the Clean Energy Investor Group (~140 respondents) found that 77% of respondents ...

The ferrous complex is enjoying a little bounce. The data is not. CISA output remains down 5.3% YTD. MySteel output is even worse. At least demand popped a bit. But it’s really just inventories which ...

The weekend roundup of war news. Iran claims it still controls the Strait of Hormuz despite US President Donald Trump’s vow to turn it into US territory “pretty soon.” Iran missile hits cargo ship in ...

Over the years the British have copped a fair bit of flak, particularly from Australians, over everything from their approach to government to the performance of their cricket team. But the latest ...

Sydney’s house price correction has worsened. The weekend’s preliminary auction clearance rate softened on historically weak volumes. The decline in Sydney dwelling values has also accelerated, ...

When attempting to assess the performance of the Australian economy, simply looking at headline figures doesn’t really tell you anything about how the average household is faring. After more than two ...

Australian tenants have experienced the most severe rental cost inflation in living memory. According to Cotality, national advertised rents have increased by more than 50% since the end of 2019, ...

Credit card delinquencies approach Great Recession levels – Market Place Gen Z Is Moving Money From Stocks to Sports Betting in Wealth Plans – Bloomberg A shocking 92 percent of US adults not going to ...