Category: Uncategorized
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Albanese Government fails to tame inflation
Q2 Inflation figures confirm the Albanese Government has failed to tame inflation. Consumer prices grew by 1% in the quarter, increasing inflation to 3.8%.Core inflation is 3.9%. This is well above the Reserve Bank’s target and above both the Reserve Bank and Treasury’s forecasts. Inflation impacts everyone – it means higher prices, higher interest rates…
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This week is pivotal for the Australian economy.
On Wednesday, the Australian Bureau of Statistics (ABS) will release the Q2 CPI inflation figures, which will determine whether the Reserve Bank of Australia (RBA) will raise the official cash rate at its 6 August meeting. Monetary transmission in Australia is far more sensitive than in comparable nations, owing to its globally high share of…
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Victorian property taxes plunge construction sector into crisis
This week a new industry survey showed confidence within the property industry has fallen to its lowest level since the depths of the Covid pandemic, with Labor’s budget continuing to be propped up by ever increasing property taxes. A listed fund I can not name had made a decision to divest and exit Victorian property…
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Australian stocks will crush housing over the next decade
Experts suggest housing is 40% overvalued, making it one of the world’s priciest assets. There’s lots of news about housing prices, clearance rates, ‘hot’ suburbs, interest rates, and where to get the best loan. There’s much less about property values, or valuation. I’m going to suggest that valuations do matter and they’re little mentioned because…
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Biden drops out of presidential race and endorses Harris to be nominee
After weeks of fighting for his political life – insisting he wasn’t going anywhere following a disastrous debate performance – the president did not come in an Oval Office address or a speech on the campaign trail. Instead, it came in letter posted to social media as he recovered from Covid-19 at his beach house…
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Integrity Concerns Over Kingston Grant to Druze Community
Former mayor and Cr Saab – City of Kingston (right) The Druze, who call themselves al-Muwaḥḥidūn, are an Arab and Arabic-speaking esoteric ethnoreligious group from West Asia who adhere to the Druze faith. Most Druze religious practices are kept secret. The Druze do not permit outsiders to convert to their religion. Marriage outside the Druze…
JANE AGIRTAN INDEPENDENT 