Closing Bell: ASX dodges negative sentiment...
The ASX managed to achieve a delicate balancing act, finishing in the green despite some wobbles earlier today. Pic: Getty Images ASX climbs 0.3pc Gold stocks surge, up almost 2pc Retail sales soften, increasing chance of RBA rate cut The Australian share market worked hard for its gains today, seesawing between negative and positive territory … Read more
How bad is Australia’s housing shortage?
In this Australian Property Podcast episode, your hosts Pete Wargent from AllenWargent Property Buyers and Chris Bates from Alcove Mortgage specialists cover all the latest property news, and their predictions for the next two years for property markets around the country. Topics covered today: 1 – How bad is the housing shortage? 2 – How … Read more
This simple step can make Australia...
Technology has rapidly advanced, making life more convenient. Combined with an increasing reliance on debt, it threatens Australia’s future, especially for the young. It’s time to get back to commonsense… Who hasn’t heard the expression, “Money doesn’t grow on trees”? Your parents may have said it to you when you were a child. And you … Read more
RBA rate cuts: Two down, two...
The Reserve Bank on Tuesday cut interest rates for the second time this year, a move in line with my long-held expectation of a May rate cut. The RBA cut rates by 0.25% to 3.85%. Although Governor Michele Bullock indicated in her press conference that a 0.5% rate cut was considered, my view is this … Read more
Gold Digger: Trump’s Big Beautiful Bill...
Big Beautiful Bill for gold. Pic: Getty Images In an assessment contested by Donald Trump’s team, the Congressional Budget Office thinks US spending will increase on the back of his “One Big Beautiful Bill Act” That could provide more support for gold if US debt continues to rise Focus, Dateline, G50 among this week’s big … Read more
Epitaph for Trump II, Part III
Donald Trump seemed unaware of it, but he had only a few days to accomplish something too. And he faced one critical objective: to stop the federal government’s perennial deficits. ‘The Russians already learned a few things.’ —General Heinz Guderian, upon seeing shells from his Panzer tanks bounce off the Russian T-34’s armor. No responsible … Read more
Big beautiful debt | Betashares
Global markets Global stocks pulled back last week, likely reflecting some profit-taking after recent strong gains. But there are also concerns around US debt levels and Trump’s renewed tariff threats. Market jitters return The passing of a budget bill by the US House of Representatives mid-last week was not greeted by Wall Street with celebrations. … Read more
