The past six years have seen Brisbane dwelling values swing from being “affordable” at the start of the COVID-19 pandemic to the second-most expensive in the nation, following a 122% rise over the six years to March 2026. The contrast between Melbourne (Victoria) is especially stark.

According to the nation’s most expensive toilet paper, One Nation leader Pauline Hanson has proposed an ambitious infrastructure agenda.

The Parliamentary Budget Office recently forecast that the gross debt of the states and territories will exceed $650 billion in 2026-27, up from just $266 billion in 2018-19.

Multiculturalism is long lost and thank god for it.

Canadian Prime Minister Mark Carney recently touted that his government had “taken control of immigration”, noting that “asylum claims are down by a third, temporary foreign worker arrivals are down by half, and international student arrivals are down by 60%”.

The proof is in the pudding.

At the start of the current housing correction, I forecast that it would be the nation’s worst in at least 40 years.

Charts from TME.

Nothing is coming out of the Persian Gulf.

In Australia’s history, the pub was long a place of community, mateship and a refuge from the challenges outside.

The Guardian reports that Australians are experiencing sharply rising dissatisfaction with life, driven by worsening financial stress, housing insecurity, and declining trust in institutions.

The latest Victorian Budget revealed that net debt will hit around $200 billion within four years.

The AFR has gone gah, gah over some solid analysis by Baranjoey on inflation. The former paper-turned-business grovel sheet notes that the “eternally insightful” Jo Masters (apparently she is god’s economist) says just 10 items explain about three quarters of the movement in the trimmed mean over the past 25 years.

The Climate Council contends that there are about 160 data centres currently operating in Australia, with another 90 proposed.

The lies are relentless in the attack on gas reservation.

Australia seems to be one of the few countries on earth still committed to net zero.

Justin Fabo from Antipodean Macro published the following chart last week, illustrating how Australians are paying among the highest mortgage rates in the world: The gap in mortgage rates between Australia and New Zealand has also widened.

Chris Minns is just another government-for-government hack.

The Iran war is not getting better and is not going to.

At the heart of the housing issue across the developed world, there is an incorrect assumption, one that has complicated the path ahead for countries with high migration in particular: the idea that Baby Boomers would downsize.

CBA notes that two key data points will determine whether the Reserve Bank of Australia (RBA) will hike the official cash rate (OCR) at its next meeting in August, namely: This week’s Labour Force Survey (23 July); and The June CPI the following week (29 July).

So let us get this right.

After recording a slight bounce last week, which lifted the final capital city auction clearance rate to 48.5%, the auction market has renewed its march lower. This weekend, the preliminary auction clearance rate fell back to 50%, down from 54.8% the week prior (which was revised lower to 48.5% once finalised).

International Reading: ‘Go Out and Buy a Dell’: Trump Touted 20+ Corporations Days After Buying Their Stock – Common Dreams Oil companies are making billions.