The price of gold in Aussie Dollars surged to another all-time high. Mainstream media will tell you investing in gold is a bad idea, we disagree. Find out what the hidden message behind the gold price really is and what it means
Boris Johnson, who has pledged to deliver Brexit on 31 October, has surged closer to power by winning by far the most support from Conservative lawmakers in the first round of the contest to replace British Prime Minister Theresa May.
The economy isn’t in good health, is it? That’s why the RBA cut rates last week to historic lows of 1.25%. Either the economy is stronger than what everyone thinks, or there must be another reason.
I’m going to reveal the single most important thing that an investor needs to do to be successful. It’s not rocket science. In fact, it’s very simple.
A decline in interest rates encourages a return to consumption over saving, which then creates demand to absorb the supply of goods and services. Such short-sighted policy making results in long-term damage.
Compromise makes a happy marriage… But can it save US President Donald Trump and the looming tension of impeachment proceedings against him?
Following a recent breakdown in trade talks, US President Donald Trump has indicated that he is ready to escalate the trade war further if a deal is not brokered at the upcoming G20 meeting.
It is because of weak domestic growth and booming export market that the RBA cut interest rates. It wasn’t necessary. The underlying numbers prove it.
Censorship is getting out of control. Left-leaning tech giants are acting as publishers, not platform owners. The social media giants are censoring ideas that their establishment paymasters don’t like.
Stocks justify being ‘expensive’ as long as the economy holds up and sustains company earnings growth. But if it slows to the point where widespread earnings downgrades start to kick in, then the market will sell off sharply.
Imported inflation is back above 0% (thanks to a decline in the dollar) and domestic inflation is back around 2%. So the inflation rate that the RBA can control is not far from its target, yet apparently, interest rates need to fall more!
The Reserve Bank meets this morning to vote on interest rates. It’s widely anticipated they will cut rates, the first such reduction since August 2016. Amazingly, the economy moves into this easing cycle without first having experienced any preceding interest rate hike.
Last week, your regular editor Bernd Struben mentioned that change is coming to The Australian Tribune. Today, I’ll give you a little more detail on what that means.
Since the release of the Mueller report over the Easter weekend, Democrats have been hell-bent on a ‘redo’ of the investigation, which failed to find any conclusive evidence of collusion or obstruction from Trump or his campaign during the 2016 election.
THC Global is facing ‘extraordinary delays’ receiving it manufacturing permits for two facilities in Queensland, according to their chairman Steven Xu. However, chief executive Ken Charteris’ recent contacts with the Office of Drug Control has been ‘highly positive’, Xu stated.
In a world kept afloat by an ever-rising tide of debt, Victoria’s Labor government is acting according to script. And that is to write a budget that will see the state’s debt double to $55 billion over the next four years.
The power industry has labelled the energy mandate as labelled draconian, extreme and arbitrary, AAP reports. This gives the federal government unparalleled powers to break up power companies.
They weren’t the kinds of lasers wielded by the likes of Luke Skywalker and Hans Solo. But they were enough to force an unscheduled landing for an Australian navy helicopter.
The US trade dispute with China may be hogging the mainstream headlines. But US President Donald Trump has far more than China in his crosshairs. Trump is pressing for fairer trade deals across the world, including traditional allies like Mexico and Canada, the European Union and Japan.
Early property auction results from the weekend indicate clearance rates in Sydney and Melbourne could have crept above 60 per cent, but analysts are cautious about declaring home prices are stabilising.
Climate change was touted as a major issue in the recent Australian election. The Coalition’s surprise win could potentially be credited to Australia’s scepticism towards the issue, and towards the notion that it’s our sole responsibility to ‘save the world’ from climate change.
Prepare for a second Brexit referendum. The do-over vote that the global elite has been plotting since 52% of UK voters chose to part way with the European Union on 23 June 2016.
In the latest war of words, Trump has backed North Korean leader Kim Jong-un’s scrutiny of former US Vice President Joe Biden, rejecting criticism he was choosing a dictator over a fellow American, as reported by Reuters.
In Papua New Guinea, Attorney-General Alfred Manase has started an investigation into the citizenship of 111 sitting members of PNG’s parliament due to opinionated opposition politician Bryan Kramer’s statement.
According to Westpac senior economist Bill Evan, the Reserve Bank will go beyond previous notions by slashing the cash rate by three times before the end of 2019. On Friday, Evans said he now believes the central bank will head further into unfamiliar territory as it cuts the 1.5% interest rate.
It seems as though Kim Jong-un and Donald Trump have found common ground. Apparently, neither is a fan of the former vice president Joe Biden, who is pushing to run for office come the 2020 elections, a fan favourite, under the previous leadership of Barack Obama.
It’s decided. Anthony Albanese has taken over from Bill Shorten as the new leader of the Australian Labor Party, after nominations for the role closed on Monday morning. Victorian MP, Richard Marles, is expected to become his deputy.
The public opinion of Theresa May is less than favourable, after almost three years since the vote to leave the EU. The UK still remains a member, and the issue of how and when it will leave looks to be an issue for lucky Mr Farage. Not that she didn’t try. But it just wasn’t enough.
Ecowarriors on the far-left have done an admirable job of portraying Australians as being against new coal mine development. While that may be true for some of the vocal urban elite, the reality is quite the opposite.
Fresh from a stinging election loss, the Labor party is on track to back the same failed policy initiatives that voters just shunned. Near the top of the list is the coalition’s tax cut agenda, which would deliver sweeping tax relief to all Australians over the next five years.