Cosmos Asset Management is looking to delist two of its cryptocurrency exchange-traded funds (ETFs) from the Cboe stock exchange in Australia owing to the downturn in digital assets that started at the end of last year. Cosmos, based in Sydney, …
Here's the plan: Right now when you flick on the switch, chances are the electricity is coming from a big private company. They generate using polluting coal power plants, and power prices mean they make massive profits. But it doesn't …
Frustrated passengers are facing long delays at Adelaide Airport and Melbourne Airport after two separate security breaches meant passengers had to be rescreened. The suspected failure of security equipment, and one passenger who slipped past the screening point entirely, led …
by BoatSurfer600 Inflation and rising interest rates will make it tough for some people to repay their debts, and one group of Aussies will soon be down $1300 a month, the Reserve Bank of Australia has conceded. Releasing its twice-yearly …
Food prices are rising at one of the fastest rates among consumer goods in Australia. Costs of fruit and vegetables rose 18.6% in August compared to a year ago, according to the latest update by the Australian Bureau of Statistics. …
by Shaun Richards It has been a rough ten days or so for the Bank of England since its last policy meeting and we have a new turn in its policy which is the intervention of its Financial Policy Committee …
by Boo_Randy The bills are starting to come due for 14 years of Keynesian monetary malpractice at the central banks. https://www.theguardian.com/business/2022/sep/21/reserve-bank-of-australia-rba-reports-loss-plans-to-cut-treasury-dividends-review-bond-buying-purchase-program Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found.
The central bank has had to mark the value of its holdings to market, resulting in a A$44.9 billion (US$30.0 billion) valuation loss. Offset by A$8.2 billion (US$5.5 billion) in underlying earnings from the central bank’s holdings, and it is …
Watch Video above… And Read Articles Below… https://www.msn.com/en-in/money/news/the-housing-markets-could-crash-in-canada-new-zealand-and-australia-they-re-3-cautionary-tales-for-the-us/ar-AA11EbRc https://www.news.com.au/finance/real-estate/buying/grim-prediction-australia-facing-major-housing-crash/news-story/0d6c5bb65cc2e53c684331618783bee7 https://www.internationalfreepress.com/2022/09/a-housing-crash-in-canada-australia-and.html?m=1 New Zealand Property prices https://youtu.be/y2kbgavXsqc
by Boo_Randy Source: https://www.macrobusiness.com.au/2022/09/australia-faces-largest-and-longest-house-price-correction-in-history/
by pandejopanda Not sure if this is the right place, admins feel free to advise. I just did a short trip back home to Australia after 3 years and noticed plenty of things implemented with the new world order or …
The British monarch is the head of state in Australia, among 14 realms outside the United Kingdom. Australians revived a longstanding debate on ending the country’s association with the 1,000-year-old monarchy. Now Australia must move forward,” said Australian leader Adam …
What has become of our country? We have learnt that Australia for the past two years have had a secret government behind our backs and even behind the backs of the Ministers of the Crown. Adams was beyond gobsmacked to …
by Boo_Randy Energy bosses summoned to Number 10 crisis meeting as Britain braces for looming winter BLACKOUTS – as Martin Lewis warns household bills will DOUBLE and families need extra £500 government handouts to cope The “cost of living crisis” …
Dozens of major bank branches are set to be closed over the next few months which will see 182 Australians lose their jobs, according to the Finance Sector Union. In total, 37 branches will be shuttered across the nation, with …
Workers’ paradise lost? Biggest beer tax hike in 30 years serves up the ‘$15 pint.’ “Brewers and pub and club operators were extremely disappointed the former government did not deliver on a proposed reduction in beer tax at this year’s …
By Irina Slav Australia is again facing a domestic gas shortage because of excessive exports, and the Australian Competition and Consumer Commission is warning that the government must impose limits on LNG exports to secure local supply. This warning follows …
https://twitter.com/WallStreetSilv/status/1553946906535108608 "Sydney house affordability tipped for sharpest improvement in 30 years" – fixed the title for AFR… pic.twitter.com/LF8VtpHAng — rabbittail (@rabbit_wealth) July 31, 2022
Australia is hilarious now. pic.twitter.com/HNGaCJYdah — Royce Lopez (@hippojuicefilm) July 28, 2022 h/t BFD
Foot and mouth disease has been detected in meat products being brought into Australia from both Indonesia and China. The contagious viral disease of livestock has not occurred in Australia since 1872 but fears have grown it could cause an …
by Boo_Randy Central bank engineered boom/bust cycles are the most efficacious means to transfer the wealth and property of the soon-to-be-extinct middle class to the central bankers’ oligarch accomplices. Looks like the RBA just broke it off in the asses …
by Boo_Randy Once again, the central bankers have blown insane speculative housing bubbles. Once again, millions of “homeowners” will end up losing “their” houses to foreclosure. Once again, our captured political class will force taxpayers to bail out the banks …
Australia’s central bank on Tuesday raised interest rates by the most in 22 years and flagged more tightening to come as it battles to restrain surging inflation, stunning markets and sending the local dollar flying. Wrapping up its June policy …
by Boo_Randy Turning over your energy grid to “financialization of everything” energy pirates who prioritize wealth extraction from customers over grid reliability…what could possibly go wrong? Australians are being warned of gas and power shortages over the next 24 hours …
Wow – Japan’s economy is slowing quickly https://t.co/X0a9TAn4XD — Loren Boston THE FIAT WORLD IS WORRIED (@LorenBoston) May 31, 2022 NZ ANZ Business Confidence May: -55.6 (prev -42) — LiveSquawk (@LiveSquawk) May 31, 2022 #recession … #GFC2 Australia #Inventory edition …
