Economic Overview Global policy makers expressed a cautious welcome for continuing signs of improving activity during the March quarter. The Reserve Bank of Australia noted a pick-up in global trade and industrial production, alongside a tightening of labor markets. In the US, economic data continued to be supportive. Non-farm payrolls were robust and activity indicators […]
Good news came last week in the form of another miracle anti-aging cure. Sadly, the buzz kills at ABC’s Media Watch were quickly on the case. Reminding us it was just another “years away, only tested on mice, not yet even applicable to humans” story that had been pumped up by excitable journalists. Moving on […]
Feeling a little too comfortable? Without a correction, the tired media headline of “X billions wiped off the sharemarket today” has been on hiatus so far this year. In its absence, there has been continued pontification about the overvaluation of shares, hinting about our closeness to a correction, and which of President Trump’s tweets might […]
In the ongoing talkfest over housing affordability it’s clear the only affordability solutions ever given serious consideration by any government are the ones likely to push up house prices. These solutions either give more money to first home buyers or increase the amount of debt they can take on. Both seem like gifts to the […]
20 years ago, many investors in Canada thought they’d struck it rich by investing in a company called Bre-X. Company estimates suggested it had potentially found 70 to 200 million ounces of gold at its Busang claim in Indonesia. Making it one of the largest gold discoveries ever. Instead of reaping the rewards of being […]