Earlier this month, the Parliamentary Budget Office (PBO) released an analysis purporting to show how changes in the volume ...

Australia’s dwelling construction is already running well behind the Albanese government’s 1.2 million five-year target, as set out in the National Housing Accord. The target requires a construction ...

On Wednesday, I presented expert evidence to the Senate Select Committee on Productivity in Australia. Below is my opening statement. In February 2023, former Labor Home Affairs minister, Clare O’Neil ...

Mt (100%) shipped to China during the quarter (H1: 2.2 Mt). The first customer collections were completed in April following tertiary crushing in China, with Q2 sales totalling 0.4 Mt (100%) and ...

I’ve often noted that the market likes to test a new Fed chairman with some hawkish expectations. Today, Kevin Warsh failed, delivering for Trump instead. The Committee decided to maintain the target ...

Goldman is getting dovish after yesterday’s softer-than-expected CPI. It notes that the quarterly trimmed mean, the RBA’s preferred indicator of underlying inflation, increased by 0.81% quarter over ...

Houthis hit another Saudi oil tanker, making it three in as many days. Demands toll for Bab al-Mandab. Saudi bombed Iranian militia in Iraq. Iran attacked US forces in Jordan (first time it has struck ...

With the release of the latest inflation data from the ABS came relief that a rate rise at the August RBA meeting was now largely off the table. The RBA’s May forecasts in their latest Statement on ...