The Reserve Bank of New Zealand released CPI inflation data today, which showed that New Zealand inflation lifted further in Q2 to 2.7%.

The state of Victoria’s financial woes is well documented. In 2023-24, the state had the nation’s largest per capita net debt and the lowest credit rating (AA).

Last week, the Australian Bureau of Statistics (ABS) released monthly data on permanent and long-term arrivals, which suggested that net overseas migration (NOM) may have surged back over the first half of 2025.

Iieeeeuuuuuu… Why use an AI when you have the Aussie PM on his knees?

The bubble is back. The Market Ear. Basically buying UBS sees CTAs doubling their equity exposure, adding $60-70bln over the next 2 weeks. They are basically buyers in all scenarios, unless SPX turns below 6k. Source: UBS Retail buying UBS on retail buying (proxied by ETF action): 1.

China is not signalling imminent breakout stimulus.

South African fashion retailer The Foschini Group has 563 stores across Australia, and its brands include Tarocash, Connor, and Johnny Bigg.

The ferrous complex is fast hurtling into the absurd.

Are Australians so grotesquely entitled that they’d rather jettison democracy than pay a little more for their defence of said democracy?

Friday night saw risk markets hinge on more trade concerns with the Trump regime pushing for a baseline 15-20% tariff on all EU products while at the same time obfuscating any real chance of a deal with Japan, which went into the final session of the trading week under an election cloud.

I reported last week that Australians have become increasingly bullish on house prices, with the latest Westpac consumer sentiment index showing that house price expectations have surged to a cyclical high, coinciding with a strong rebound in the “time to buy a dwelling” index.

Australia’s ‘miracle’ labour market has been living in somewhat of a fool’s paradise.

Independent performance tables to 30 June are in, and the AFR  has listed the best‑performing large super funds.

By Harry Ottley, economist at CBA The unemployment rate rose to 4.3% in an otherwise quiet week locally.

DXY faded Friday night.

Dear Millie Muroi.

If you are curious about the differences in methodology between myself and the usual auction data providers, there is an explanation down the page.

When the latest Q4 2024 net overseas migration figures were released by the ABS in June, they revealed that annual rolling net migration had fallen to 340,800.

International Reading: Student-loan borrowers are at high risk if Trump dismantles the Department of Education, 11 organizations told Elizabeth Warren – Business Insider Texas ranks as No.

Most share markets in Asia are lifting going into the final trading session of the week although Japanese bourses are cautious given the domestic election this weekend and the concern over inflation after today’s June print.

The economy must suffer, and workers in particular, because the Reserve Bank of Australia will not, under any circumstances, mention immigration.

In June, Australian property values reached a record high, as illustrated by PropTrack below.

I have noted the pivot at Crikey to Wokey over the past few years.

Australia is experiencing a generational housing shortage, exacerbated by historically high immigration-driven population growth and a sluggish housing supply.