The Albanese government proposes to tax people on gains from any assets kept in their superannuation accounts, beginning with those with a balance of $3 million or more, without indexation.

Melbourne has been the worst-performing housing market among major capital cities since the onset of the COVID-19 pandemic.

Global bond yield suppression has been a constantly favourable backdrop for equity investors since the 2008 Global Financial Crisis.

The Market Ear on a fear that has no modern precedent.

Last week, Cotality (formerly CoreLogic) released data showing that a record 64.4% of homes in Sydney were valued at $1 million or above.

DXY held on last night.

Risk markets were relatively sanguine overnight as the Trump regime’s new “Tax” Deal (aka blowing out the deficit forever) passed while the latest flash PMIs suggested a slight uptick in confidence in the US despite the tariff chaos in the last month.

Canadian analyst Ben Rabidoux posted the below graphic on Twitter (X), asking whether Canada should place a country cap on its permanent residency intake: The graphic shows that India has dominated Canada’s permanent residency intake, with around 560,000 admissions between 2020 and 2024.

Risk markets in Asia are mainly stepping back in response to the falls overnight on Wall Street but more so on the burgeoning bond troubles as the US fiscal position looks to go into permanent deficit decline with the imminent passing of the Trump regime’s “tax” aka wealth redistribution billr.

Recent polling by SEC Newgate Australia suggested that Victorians do not consider the $200 billion Suburban Rail Loop (SRL) a high-priority project.

The Market on the return of bad.

Via S&P.

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, and Chief Economist, Leith van Onselen, discussed the Reserve Bank of Australia’s interest rate cut and explore its impact on residential housing and the broader economy.

Here is the PC’s recipe to lift Aussie living standards.

The financial destruction of the State of Victoria over the past decade is astonishing.

The federal government recently used its submission to the Fair Work Commission’s (FWC) annual wage review to call for an “economically sustainable” increase in the minimum wage.

DXY no bueno.

I have often argued that the Australian Bureau of Statistics’ (ABS) reported $51 billion of education exports is exaggerated and grossly overstates the benefits of international students to the Australian economy.

Its all about bonds overnight with the Japanese selloff extending to US sovereign debt as the latest Trump “Tax” Deal (aka blowing out the deficit forever) and a weak 20 year auction saw yields rise to new heights across the curve.

RBA Governor Michele Bullock’s media appearance this week was viewed as a victory lap in the fight against inflation.

Nobody believed that the federal government’s target to build 1.2 million homes over five years was realistic.