AUD is still struggling through the morning: Bonds are paring gains but yields are now trending down nicely. More to come: ASX is hanging on at the cliff’s edge: Dalian has opened with a minor bid: Big Iron likewise: Big Gas is hopeful of an OPEC rescue. I am not: Big Gold has a Fed
Via FCAI: National motor vehicle sales eclipsed the one million year-to-date sales mark during November 2018, in a month which overall sales were down according to the latestdata released today by the motor industry’s statistical service, VFACTS. National vehicle sales for November reached 93,860, down 7.4 per cent from November 2017. The overall market decline
Some light relief today from Maccas as we await the RBA: A study recently conducted by researchers at London Metropolitan University found that touchscreens used by customers at multiple McDonald’s locations were covered in fecal bacteria. Dr. Paul Matawele, one of the lead researchers in the study, explained that the spread of this bacteria could lead
Australia Housing Finance Australian house prices v the rest Australian house prices to income v the rest Sydney & Melbourne Auction Clearances Employing Sectors Consumer Confidence Housing Sales and Stamp
Via DEEWR: Farewell Botox Boom.
Via QCL: HORROR receival figures into the GrainCorp storage network highlight the depth of the drought in Australia’s north-eastern cropping zone. Total new-crop grain receivals into the GrainCorp bulk handling network as of November 5 totaled just 93,300 tonnes, with Victorian deliveries, traditionally not a major factor until December, making up over a quarter of the tally. And
Sheep Country, Burra, 1950, Douglas Dundas, Art Gallery of NSW Markets and Macro Gold buying by central banks hits its highest level in almost three years – CNBC Trump says he and China’s Xi had good exchange on trade – Nikkei Asian Review Start-Ups Ask, ‘Are We Making Money for Saudi Arabia?’ – NY
There is no way to sugar coat this so you’re getting it straight today. These guys are incorrigible, at the AFR: The chief executives of Origin Energy, AGL Energy and their smaller electricity retailing competitors look set to have a united and firm message for Energy Minister Angus Taylor at the “roundtable” he has convened
By Leith van Onselen Recreational cannabis became legal in Canada on 17 October, in a move that is expected to raise $400 million a year for federal and provincial governments. Canada’s Prime Minister, Justin Trudeau, marketed the policy as taking profits away from organised crime and criminals: At the same time as Canada and nine
Australia Australia Consumer Confidence Australia – Housing Approvals not yet commenced Australia Housing – Average Loan Size ; Australia – Housing Prices by City Australia – New Dwelling Completions Australia – Dwelling
By Leith van Onselen Back in 2016 I penned an article, “Aussie dieticians are wrong about fat”, which criticised Australian dieticians’ staunch defence of existing failed dietary guidelines that promote a high carbohydrate / low fat diet: Since the Australian food pyramid was first introduced in 1982, it has told Australians to consume large quantities
AUD is right at the lows as I write: Bonds are mixed: XJO is modestly bid: Big Iron is soft: Big Gas too: And Big Gold: Big Mortgage is disturbed by bottom feeders: Big Realty looks troubled with REA setting up a massive double-top: Not before time…
Join us today as MB Fund Head of Investments, Damien Klassen, Chief Strategist David Llewellyn Smith and Tim Fuller discuss the future of the Pacific Peso. – What is sitting behind the recent fall in the AUD? – Can the current drivers be relied upon for future direction? – How is the Emerging Markets Crisis and Trumps Trade
After a full year in the office, we are happy to announce round two of the MB Fund seminar series. This year’s agenda is, of course, The Great Australian Housing Crash! Come one and come all to see (and meet) Leith van Onselen, David Llewellyn-Smith and Damien Klassen as they discuss just how fast and
Australia Australia – Economic Policy Uncertainty Sydney & Melbourne – Auction Clearances Australian GDP Coal Production & Consumption Electricity Generation Major LNG Plants Implications of Tightening Lending Standards Disposable Income by Decile Loan Rejections Public Satisfaction with the National Direction Tobacco
Tues September 4th Presenter: Dr Cameron Murray Venue: Brunswick Mess Hall Tickets Everyone needs somewhere to live. It is a simple fact. Australia’s economy keeps growing every year. As a nation, we are richer than any other time in our history. We also have some of the most expensive housing in the world. We step over
Join us today as MB Fund Head of Investments, Damien Klassen, Chief Strategist David Llewellyn Smith and Tim Fuller discuss current market conditions and how someone who is nervous about entering sharemarkets can still take advantage of opportunities. – Capital protection whilst still capturing some upside of shares – When to climb the wall of worry
Tues September 4th Presenter: Dr Cameron Murray Venue: Brunswick Mess Hall Tickets Everyone needs somewhere to live. It is a simple fact. Australia’s economy keeps growing every year. As a nation, we are richer than any other time in our history. We also have the most expensive housing in the world. We step over rough sleepers
By Leith van Onselen Earlier this month, Roy Morgan Research revealed that Netflix had lifted its Australian subscriber base to 9.8 million households after a 30% annual surge in subscribers. By contrast, Foxtel’s subscriber base slid by 2.7% to 5.4 million households: Yesterday, Roy Morgan Research released similar analysis of the New Zealand subscription television market,
After a full year in the office, we are happy to announce round two of the MB Fund seminar series. This year’s agenda is of course The Great Australian Housing Crash! Come one and come all to see (and meet) Leith van Onselen, David Llewellyn-Smith and Damien Klassen as they discuss just how fast and
This Afternoon (12:30pm AEST) on the live MB Fund Webinar looks at the Emerging Markets Crisis. – Is the Turkey basted? – Which is the next domino to fall? – Is China THE risk? – How these themes translate into investment practice at the MB Fund SIGN UP for webinar, and have your questions answered live! Can’t
By Leith van Onselen Of all the idiotic ‘awards’ handed out, The Economist’s ‘Most Livable City’ must surely rank near the top. That being said, Melbourne has finally lost its title to Vienna: The two cities are now separated by 0.7 of a percentage point in the rankings, with Vienna scoring a near-ideal 99.1 out
By Leith van Onselen Acadata has released its latest house price results for the UK, which shows that values in London and the UK have continued to fall: On a monthly basis, prices fell again in July, for the fifth month in succession: down 0.2%, leaving the average house price at £302,251. The figure is
By Leith van Onselen I labelled the $22 billion National Disability Insurance Scheme (NDIS) a “bureaucratic nightmare” citing my family’s own personal experience with our 10-year old autistic son. Despite being diagnosed in the “severe range” of autism spectrum disorder, unable to converse or read, and attending a special school, my son was denied funding for
After a full year in the office, we are happy to announce round two of the MB Fund seminar series. This year’s agenda is of course The Great Australian Housing Crash! Come one and come all to see (and meet) Leith van Onselen, David Llewellyn-Smith and Damien Klassen as they discuss just how fast and
By Leith van Onselen Yesterday’s Roy Morgan Research survey revealed that Netflix had lifted its Australian subscriber base to 9.8 million households after a 30% annual surge in subscribers. By contrast, Foxtel’s subscriber base slid by 2.7% to 5.4 million households: As Foxtel has lost its monopoly grip on the pay TV space, it has pivoted
Here is an interesting table from Technology Foresight showing the most disruptive technologies and a timeline for when they are expected. I have shown the most imminent ones below, click the image below for the full table as a pdf: I’m interested in your thoughts (preferably with supporting research or at least some sort of reason to
By Leith van Onselen Online streaming services Netflix and Stan have seen their subscriber base lift while Foxtel’s has fallen, according to Roy Morgan Research: Subscription Video On Demand (SVOD) juggernaut Netflix has continued its impressive growth over the last year with over 9.8 million Australians in the June 2018 quarter now having a Netflix
Australasia Australia & New Zealand – Unemployment Australia & New Zealand – Participation Australia – Housing Credit & House Prices Australia – House Prices to Median Income Australia – Mortgage broker Share of New Home Loans to 3Q 2017 Australia
Australia Australia – Dwelling Prices – Expected v Actuals Australia – Graduate Visas Australia – Core Inflation Australia & New Zealand House Prices and Global Equities Australia – Employment Growth Australia -Underlying CPI Australia – Unemployment & Participation
