Research by the McKell Institute warns that thousands of manufacturing jobs in Australia are at risk, particularly in regional areas The report claims that China’s “aggressive” industrial subsidisation, now likely exceeding its defence spending, risks shuttering some 73,000 jobs in Australian regions reliant on refining and smelting metals.

Asian share markets are having a much better start to the trading week although Japanese markets are closed for yet another holiday as Bitcoin and other crypto currencies are seeing big bids.

In most places, debate ultimately yields change.

The ferrous complex is doing the seasonal thing.

The Market Ear on equity internals.

Over the last year in particular, the impact of international students on the nation’s rental market has sparked significant controversy.

Government-funded jobs have artificially fueled Australia’s jobs boom over the past two years.

Last week, Statistics New Zealand reported that the nation’s unemployment rate rose to 5.2% in Q2 2025, the highest rate since Q4 2016.

In July last year, Stage Three tax cuts delivered the average household $2.200 per annum.

Earlier this year, economist Chris Murphy noted that the historical effective average income tax rate in the first two decades of this century was 23%.

Australia currently has the highest share of temporary migrants and international students as a percentage of our population in the advanced world. The latest temporary visa data from the Department of Home Affairs shows that there were a record 2,460,000 temporary migrants in Australia (excluding visitors) in Q2 2025.

Friday night saw most stock markets rise including the NASDAQ which put in another record high despite obvious concerns that asset prices are overextended, but traders are betting on forthcoming cuts from the Federal Reserve amongst others in the battle against the Trump regime’s tariffs.

DXY was uncertain Friday night.

ANZ has a funny cash rate analysis today.

By Lucinda Jerogin, Associate Economist at CBA It was a quiet week domestically with the ABS Monthly Household Spending Indicator surprised to the downside, rising by 0.5% in June to be 4.8% higher annually.

After months of strong results, Australia’s auction market has experienced a loss of momentum alongside a stalling of price growth.

International Reading: Trump 2.0 is “Hoover 3.0.” GDP growth under Trump 1 was the worst since Hoover.

Asian share markets are having a poor final session for the week although Japanese shares are seeing a big bid in response to tariff reversals while the latest BOJ meeting summary was met with appreciation.

By Stephen Saunders  Despite July’s highly aggressive return-visit from UNFCCC bovver-boy Simon Stiell, the Coalition seems unlikely to seriously challenge Labor’s net zero cult.  Albanese Labor enjoys a masochistic relationship with the pro-China United Nations. Following UN open-borders precepts, massive immigration induces 75-80% of our (unnecessary) population growth.

One of the negative side effects of the Australia-United States Free Trade Agreement (AUSFTA), which took effect in 2005, was that it increased patent and copyright terms, raising the price of drugs and copyrighted products.

Goldman shows why Australia’s rental shock isn’t over. Weekly data from SQM suggest growth has picked up somewhat over recent months (Exhibit 6).

Ferrous market prices are holding as steel output plunges.

In the lead-up to the 2022 federal election, Labor promised to run a smaller immigration policy if elected.

In a recent tweet, Yellow Brick Road (Home Loans) Executive Chairman Mark Bouris made the case that Australia needs to act with confidence and for our leaders to put our nation first.

What a sad sack of Labor leaders these two are.