Not really. The great buildout is over, so its impact on commodities has faded. And it never added much to net global demand in anything else because the entire thing is based around exports. To the ...

TME on the market setup. The shock Friday’s explosion in VIX and VVIX was nothing short of extreme. The price action had all the hallmarks of forced deleveraging, with risk managers hitting the brakes ...

The Victorian government’s financial report for 2025-26, released last week, shows that the state’s net debt rose to $160.7 billion during the financial year. Operating expenses rose $8 billion from ...

Some might say it is a Harbour Bridge-like project, visionary in its scale, and that it will remain in use far into the future. Others are saying it is a new ghost airport. Western Sydney ...

Pity the poor university vice-chancellors who draw a third or a half of their students from overseas. Immigration is now firmly on the political agenda—for all major political parties. And the policy ...

Ross Gittins was one of the few mainstream media commentators who took a principled stand on immigration. If you search for ...

Unbelievably, the federal parliament doesn’t allocate political staffers proportionally based on the number of seats held. As a result, we have a ridiculous situation whereby One Nation has been ...

On 7 October, the High Court ruled against the already approved expansion of the Mount Pleasant thermal coal mine in NSW. The High Court ruled that the NSW government regulator “was required to ...

In the normally quiet city of Limoges in central France, the entire Western world is being given a lesson as the historic 143-year-old town hall, which survived two world wars, is destroyed by fire ...

Iron ore bottomed out Friday. We are headed into seasonal tailwinds before long. Chinese steel exports were up 0.3% YOY in September. YTD is down 2.4%. This headwind is fading. Chinese iron ore ...

War headlines today. All lies. All of the time. Last week closed out with Brent futures breaking free to $110. The curve jumped meaningfully as well. In a twist, the immediate physical market cratered ...

The SMH’s Natassia Chrysanthos and Shane Wright have stepped up their lobbying for Big Australia immigration, claiming that One Nation’s immigration policy would “drive up national debt” by $275 ...