Wage growth may have increased year-on-year, but as the economists run their eyes over the data, wage increases in the future will rely on a tight labour market.
Sellers are not letting up. More declines for the ASX. More declines for the S&P 500. And you won’t believe what the Morrison government is planning to do…
Our government has the power to veto particular businesses from entering industries they deem essential to Australia’s success. We just don’t have the control and social surveillance to the extent of China.
The most important event going on in the world right now is the mid-term elections in the US. It may not seem like a big deal to us here in Australia, but it is.
No, it’s not October you should blame for our recent decline. You should blame those who allowed asset prices to get so high in the first place. Blame the banks.
In a time of stagnant wage growth, rising electricity bills and climbing living costs, hardworking Australians are just trying to stay afloat. But there is one institution that is making it even harder for everyday Aussies to get by. The…
Aussie stocks bounced nicely yesterday. The ASX 200 jumped 1.34%. Is the worst of the selling over? Who knows? Panic buying usually follows panic selling. It’s not a sign of a market that’s confident or has things under control.
The market is in the process of pricing in a Labor government. This means things like more renewable energy investment, a potential end to franking credit rebates for retirees, and an end to negative gearing on existing homes.
Climate change may be a long-term threat, but it’s not so big a threat that our global technocratic masters are demanding that China move faster to get their emissions under control.