Only in Australia would an iconic infrastructure company double as a corruption cesspit.

Down she goes, and where she stops nobody knows.

The Market Ear. It doesn’t matter… …until it matters. Note the latest short term gap between the US 10 year (inverted) and SPX.

The Australian Bureau of Statistics (ABS) has released the Q3 2025 national accounts, which reported a 0.4% rise in headline GDP over the quarter and a 2.1% rise through the year.

In mid-2023, just as Australia’s net overseas migration was ramping up toward record levels, the mouthpiece of big business, The AFR Chanticleer, proclaimed that Australian businesses were “licking their lips” at the prospect of higher migration, “with few doubting that a bigger Australia is better”.

ANZ-Indeed job ads have commenced a new adjustment.

For years, MB has argued that the Australian Bureau of Statistics’ (ABS) estimate of education exports is wildly exaggerated because it: Incorrectly includes income from international students working in Australia. Does not adjust for remittances sent home from Australia by international students or former students (which are an import).

One Nation is eating the LNP alive.

Some stability returned last night to risk markets with both Wall Street and European stocks making modest gains after scratch sessions across Asian markets yesterday.

DXY is fading away.

Ballooning state debt, soaring taxes, a stagnating economy, and rising crime have made me highly critical of the Victorian economy.

A little bit of volatility across some risk markets here in Asia but generally equities finished where they started with the weak overnight lead from Wall Street as traders anticipate the upcoming rate cut at the Fed’s December meeting.

Australian dwelling values marched higher in October, hitting a record high $979,000 median value across the combined capital cities, according to PropTrack.

You can have AI or immigration, but not both unless you want a labour market disaster.

Last week, AMP chief economist Shane Oliver estimated that Australia had a cumulative shortage of at least 220,000 homes and possibly up to 300,000.

It’s fixed!

With the release of the latest data from pollster RedBridge, it was revealed that the Coalition’s share of the primary vote had fallen to just 24% at a federal level.

The Bitcoin bust continues.

Former federal Labor MP Craig Emerson has written an article in The New Daily slamming those arguing for lower, more sustainable levels of immigration.

The Greens are right about gas.

We have warned repeatedly that the state of Victoria is on the path to financial ruin.