Today I met with NT Chief Minister Lia Finocchiaro MLA and Treasurer Bill Yan about the extreme flooding in the Territory, and working together to help people in affected communities.
#auspol #ausecon #ntpol
In #Australia, local #ASX should be open lower today as rising #oil prices continue to spook global equity markets.
Big week of econ data ahead, with RBA tipped to raise rates on Tuesday & jobs data on Thursday also a focus..
Gold ⬇️ 1.18%
Oil ⬆️ 3.03%
Iron Ore ⬇️ 1.36%
#auspol #ausecon
It is time for the Australian government to promote Aussie farmers to plant Canola for this coming planting season to enable Australia to have enough blended #ethanol #diesel. #auspol #natsec #ausbiz #ausecon
This Gulf war will go longer than 3 months, especially if Yemen joins.
Think ahead #albo
Post that's well worth a read.
It's about the US but the "let them eat cake" issue it cuts to, hits Australia a lot too.
#ausecon
Prelim Domain auction clearances
Syd 61%=final ~60%,Feb avg 67
Mel 61%=final ~59%,Feb avg 65
Clearances are continuing to cool with rate hike talk & now a hit to confidence from the Iran War dampening buyer demand. Listings are now also running above yr ago levels.
#ausecon
In #Australia , expect local #ASX to open lower after sell off on Wall Street overnight.
Rising oil prices - back up to USD $96/barrel - continue to dominate investor sentiment.
Employment data out today may also guide market..
Gold ⬇️ 1.85%
Oil ⬆️ 8.89%
Iron Ore ⬆️ 2.12%
#auspol #ausecon
Video of @allegraspender.bsky.social at NPC yesterday.
Valid point made below too.
Independent MPs have proved exceptional value for Australia.
#ausecon #auspol
www.youtube.com/watch?v=Eaao...
Melbourne's Suburban Rail Loop makes Australia's top infrastructure body's priority list
www.abc.net.au/news/2026-03... #springst #auspol #ausecon
Follow the money if you want to understand priorities.
Always.
#ausecon
In #Australia , local #ASX should open lower this morning, as investors continue to fret over rising oil prices.
Local interest rates are also in focus, with #NAB predicting 2 rate rises by May. Commodities still volatile..
Gold ⬇️ 0.27%
Oil ⬆️ 2.13%
Iron Ore ⬆️ 1.24%
#auspol #ausecon #markets
Spender always worth listening to as is Ryan.
Bit stunned to see even Newscorp noddin their head though, ngl #ausecon #auspol !
www.news.com.au/finance/mone...
In #Australia , local #ASX should open higher this morning as markets continue to recover from last week’s rout.
With no major economic data due today, investors may look at corporate earnings & commodity prices for guidance..
Gold ⬆️ 1.02%
Oil ⬆️ 1.54%
Iron Ore ⬇️ 0.63%
#auspol #ausecon #markets
It's pretty crappy what is getting subsidies and what isn't, from what I've seen so far.
Wrong signal resulting in the wrong outcomes.
#ausecon #auspol
Labor’s plan to raise the tax rate on the largest super balances will become law after the Greens agreed to wave it through the Senate, ending a three-year political fight over concessions for wealthier retirees.
www.theguardian.com/australia-ne... #auspol #ausecon
In #Australia, local #markets expected to open sharply higher today after yesterday’s steep losses.
All eyes on #oil price, which touched USD$120/barrel at weekend but fell back to $85 in late US trade. Other commodities mixed..
Gold ⬇️ 0.64%
Oil ⬇️ 6.78%
Iron Ore ⬆️ 0.99%
#auspol #ausecon
It may be wishful thinking, but i get the feeling that this #oilshock may be the tipping point on a big shift to EV’s in the next 12 months.
It’s about time to be fair..
#auspol #ausecon #renewables
www.abc.net.au/news/2026-03...?
In #Australia , local #ASX is expected to open lower today, as investors ingest Friday’s losses on Wall Street.
With oil prices continuing to surge - ⬆️ 21.68% in 5 days - markets are nervous about global inflation impact..
Gold ⬆️ 1.71%
Oil ⬆️ 15.72%
Iron Ore ⬆️ 2.29%
#auspol #ausecon #markets
Prelim Domain auction clearances
Syd 64%=final ~63%,Mar avg 67
Mel 63%=final ~59%,Mar avg 65
Clearances are trending lower & running below the avg for Mar on the back of the Feb rate hike, talk of more to come (esp in the last week) & a hit confidence from the Iran war.
#ausecon
#ausecon at some point Labor might start listening to @dncameron.bsky.social
Power bills surged when war broke out in 2022. Here's why the Middle East conflict may be different (the government has made changes around gas supply since then).
www.abc.net.au/news/2026-03... #auspol #ausecon
In #Australia , local markets expected to fall further today after oil price surge rattled Wall Street overnight.
Outside of oil, other commodities all down as ‘flight to liquidity’ pushes investors to US$ instead..
Gold ⬇️ 1.26%
Oil ⬆️ 3.90%
Iron Ore ⬇️ 0.50%
#auspol #ausecon #EconSky
In #Australia , local #ASX should open slightly higher today after Wednesday’s heavy losses.
A Wall Street rally overnight will encourage investors, but oil
price rises will temper the mood. Other commodities also higher..
Gold ⬆️ 0.93%
Oil ⬆️ 1.70%
Iron Ore ⬆️ 2.26%
#auspol #ausecon #EconSky
Correct. This should be something Australians net benefit from rather than are hurt by.
#ausecon #auspol
Canadian PM announces Australian-Canadian superannuation partnership
The largest Australian industry super funds are signing a deal with their Canadian counterparts, pledging to boost investment in each other’s countries.
www.abc.net.au/news/2026-03... #ausecon
In #Australia , local #ASX expected to open sharply lower after selloff on Wall Street overnight.
Gold prices falling as war in middle east is causing a ‘flight to liquidity’ & a rise in US$. Oil price rocketing up..
Gold ⬇️ 4.37%
Oil ⬆️ 5.01%
Iron Ore ⬇️ 0.30%
#auspol #ausecon #ausbiz
Like prediction markets? Reckon Australia's GDP growth this week will be over 1.9 per cent ? Then please check this out:
manifold.markets/JasonMurphy/...
#manifoldmarkets #auspol #ausecon
Double the rate of uptake expected.. with additional solar going on roofs too in about half these homes.
EVs running on that solar don't care that the Straits of Hormuz closed expect for owners feeling smug when they see petrol prices..
Renewables combat inflation.
#ausecon
Middle East Conflict Puts Australian Motorists in the Firing Line
#PetrolPrices #MiddleEast #CostOfLiving #OilPrices #AusEcon #AusNews
thedailyperspective.org/article/2026-03-02-middl...