robert block retweeted
Economists at the investment bank expect the property downturn to continue well into next year. ebx.sh/0bPsgj
robert block retweeted
Inside the corridors of Canberra there’s increasing chatter about Labor’s mid-term slump. And this week’s News24 Pulse shows there’s real reasons for Labor MPs to be concerned. news24.com.au/politics/austr…
🚨 NEW: Federal voting intention
🟧 ONP: 27% (-1)
🟥 ALP: 24% (-1)
🟦 L/NP: 23% (+2)
🟩 GRN: 14% (-1)
🟪 CSA: 2% (+1)
⬜️ IND: 5% (-)
⬛️ OTH: 5% (-)
Two-party-preferred
🟦 L/NP: 50% (+2)
🟥 ALP: 50% (-2)
ALP vs ONP
🟥 ALP: 53% (-)
🟧 ONP: 47% (-)
YouGov | 13-20 Oct | n=1500 | +/- 29 Sep-6 Oct
robert block retweeted
What a pathetic joke.
Laughable the RBA, which is one of the highest paying central banks in the world, is having a revolt over what is an over generous pay offer.
Zero evidence of any productivity gains at the RBA for years. Lucky to get 0%
RBA employees have rejected a proposed 9.5 per cent wage hike for the second time, putting pressure on the central bank to offer a more generous deal. ebx.sh/a8xEja
robert block retweeted
I am absolutely devastated about the attack on Helen Haines.
Australians can disagree but must never accept violence and threats.
The Prime Minister wants to lecture everyone about “turning down the temperature”. Well he can start by abolishing his dirt unit that was trying to undermine Helen.
I’ve heard you on the Lambie video. The cartoons have my name on it so it’s my responsibility and we will be taking that joke out given it’s a sensitive medical issue for her.
robert block retweeted
Good Morning from Germany, where the govt is hosting its first investment summit in Berlin, taking a page from France’s “Choose France” playbook. Since end-2019, real capital investment has FALLEN 6.9%, while govt consumption has RISEN 15.2%. GDP is up just 1.9% over the same period, through Q2 2026. More state consumption, less investment in future growth. Quite a backdrop for “Invest in Germany.”
robert block retweeted
About 150 million litres of refined fuels used for cars and planes will be withheld from the market over Christmas because of a maintenance issue at Ampol’s Lytton refinery in Queensland.
The oil refiner has delayed the restart of a key processing unit at Lytton until mid-November, reports Colin Packham: bit.ly/4k3hET5
robert block retweeted
The only solution is to install a new treasurer who will follow the Paul Keating playbook rather than chasing Wayne Swan’s ponies and rainbows, writes economics professor Richard Holden. ebx.sh/mPnfsP
robert block retweeted
Labor should grandfather existing trusts and apply the reforms only to new trusts. As lawyer Mark Fowler writes: "The reform’s administrative burden, transaction costs and tax implications mean that this is the only certain path to preserving existing philanthropy." ebx.sh/IuM1Dm
robert block retweeted
President Emmanuel Macron will spend the final seven months of his term desperately trying to stop France from tearing itself apart as rising living costs and economic discontent destabilise the nation. ebx.sh/leUWzn
robert block retweeted
Calls have come for Anika Wells to repay the cost of her flight home and be stood down after records from Don Farrell’s office failed to substantiate a meeting she said took place.
news24.com.au/politics/austr…
robert block retweeted
The NSW Minns government has announced a major intervention into the Mount Pleasant coal mine after its High Court defeat, significantly increasing its annual production limit.
news24.com.au/politics/austr…
robert block retweeted
New analysis reveals that Victoria's interest bill, which topped $7.9 billion last financial year, already exceeds spending on roads, emergency services and public transport. ebx.sh/DaKWO3
robert block retweeted
A Melbourne Islamic centre that has received more than $600,000 in taxpayer funding since 2022 has been condemned amid revelations that an imam preached that men could beat their wives.
news24.com.au/politics/austr…
robert block retweeted
The RBA is the super hawkish central bank - & it's equal closest to hitting its inflation target.
In the last 3 years, the RBA has been the most hawkish central bank - a cash rate is at an eye-watering 4.60%.
The relatively good news is that the RBA is just 1.1percentage points from hitting its inflation target. Others have rates materially lower & are no better, or indeed a good deal further away, from hitting their inflation targets.
The US Fed has rates at 4.0% but is 1.4ppts from its target. The ECB is 1.8ppts from its inflation target yet has rates at 2.5%.
What this probably means is that as the deflationary pulse hits Australia in coming months, the RBA is likely to be the first to cut & will probably be cutting when some others are hiking.
youtube.com/watch?v=lz2ZMSkb…

















