The Albanese federal and Minns NSW state governments’ bailout of Rio Tinto’s Tomago aluminium smelter is the fifth large corporate rescue in two years. Yet again corporate welfare wins the day as profits are privatised […]
Abdul Rizvi writes Australia’s migration debate needs clear targets, credible delivery plans and honest discussion of the consequences, not caps that cannot work or promises that ignore visa backlogs. Abdul Rizvi (Pearls and Irritations) The […]
Whether prices are rising or falling, you can rely on the headlines to scream housing crisis. Michael Pascoe argues opportunity is knocking if there were a government with vision and ticker prepared to listen to the Mirvac […]
Australia’s economic history shows that major shocks often come from overseas, but better policy settings over the past three decades have helped keep unemployment, inflation and debt under greater control. By Ross Gittens (Pearls and […]
The NSW ICAC has uncovered a web of conflicting interests at the University of Wollongong, involving its executives and consultants KordaMentha. James Guthrie and Adam Lucas report. James Guthrie and Adam Lucas (Michael West Media) In mid-2026, the NSW […]
China’s economy has proved resilient in the face of multiple shocks, boosted by robust exports and fiscal stimulus, and it remains a major driver of global growth. (IMF Blog) China’s economy expanded by 5 percent […]
Australian construction cost growth accelerated over the June 2026 quarter, reversing the sharp slowdown recorded earlier in the year and confirming the March quarter lull was an anomaly rather than the start of a sustained […]
Less demand, more production, and inventory drawdowns prevented a larger price spike. A quick supply recovery is essential to avoid further damage to the global economy. (IMF Blog: Jean-Marc Natal and Azim Sadikov) The largest […]
As midsummer arrives in the Northern Hemisphere, Hainan, China, welcomes its annual island-wide carnival. The 2026 (27th) Hainan Island Carnival will be held from July 18 to August 18, extending a vibrant summer invitation to […]
New York Times investigation finds, behind the pageantry of Shen Yun, a culture of abuse and persecution of its performers They began appearing about two decades ago, often around the holidays, and often at high-end […]
Global public debt is very high. It is expected to exceed $100 trillion, or about 93 percent of global gross domestic product by the end of this year and will approach 100 percent of GDP […]
New analysis has identified the potential to build more than three million additional strata units over almost 1.3 million sites across Australia’s capital cities, providing one potential solution to Australia’s growing housing crisis. Of those units […]
CoreLogic’s Head of Research, Eliza Owen explores the dynamics of property investor activity There are two main narratives about Australian housing investment in 2024 that seem to contradict each other. One is that investors are […]
A move towards more aggressive fiscal policy stimulus and property support measures should help drive a mild cyclical upswing in China’s economy. However, it’s doubtful it will be enough to reverse longer term structural problems […]
Should Australia’s leaders be reading far more closely the implications for broader Asia that arise from the China-India border dispute détente? Marcus Reubenstein with his opinion on the coooling of relations between the world’s two […]
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