War headlines today: Iran bombs more tankers.

Amid an already challenging environment for the nation’s housing market, the latest figures from Cotality suggest prospective sellers face ever greater competition to sell, even as fewer owners put their properties on the market.

Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser gave an interview at Citi’s Australia & New Zealand Investment Conference in Sydney on Wednesday.

TME has the setup for equities.

When former Liberal Prime Minister Malcolm Turnbull first announced the Snowy Hydro 2.0 pumped hydro project in 2017, it was billed as a $2 billion project capable of producing 2 megawatts of power on demand and 350,000 megawatt-hours of storage by 2021.

The gas cartel is busy distracting you with complete garbage.

Two reports suggest Australia’s residential construction market is weakening significantly amid falling prices, rising interest rates, and the federal budget changes to negative gearing and capital gains tax.

Four interest rate hikes this year have placed Australians under severe mortgage stress.

The latest iron ore data has stabilised.

Latest war headlines.

Last week, in an interview with News 24, Home Affairs and Immigration Minister Tony Burke refused to concede the Albanese government had made a mistake by allowing net overseas migration to surge following the reopening of Australia’s international borders.

CBA chief economist Luke Yeaman has written a report warning that Australia is approaching the most difficult phase of the inflation battle.

A few months ago, Perth looked like the nation’s last remaining housing stronghold, with values holding firm while they crumbled across the rest of Australia.

TME on the market setup.

The Grattan Institute argues that Australia’s GST system is no longer delivering the stable revenue base it was designed to provide for state governments.

The Victorian government’s financial report for 2025-26, released last week, shows that the state’s net debt rose to $160.7 billion during the financial year.

Some might say it is a Harbour Bridge-like project, visionary in its scale, and that it will remain in use far into the future.

War headlines today.

Amidst an already challenging set of circumstances for the nation’s residential construction sector, the latest Housing Industry Association (HIA) home sales figures have provided another unwelcome reality check for the Albanese government’s “aspiration” to build 1.2 million new homes over its 5 year ‘Housing Accord’ period.

Pity the poor university vice-chancellors who draw a third or a half of their students from overseas.

Unbelievably, the federal parliament doesn’t allocate political staffers proportionally based on the number of seats held.

Ross Gittins was one of the few mainstream media commentators who took a principled stand on immigration. If you search for “immigration” on Ross Gittins’ website, you’ll find a slew of articles arguing against a “Big Australia” for economic, environmental, and liveability reasons (see sample below).

Iron ore bottomed out Friday.

TME on the macro.