Martin North

'AUSTRAC calls in 10 banks for key meeting on spike in mortgage fraud' 'The agency requested data from the lenders as it works to assess the extent of the fraud and whether properties funded by criminal proceeds should be seized' #ausbiz afr.com/companies/fina…

This is so clever! Share it with everyone, but especially MAGA's

Australia's Neo-liberal Virus: Wrong Economic Path Exposed! youtu.be/XzDFplM1sVQ?si… via @YouTube

Australia's Population Boom: Jobs Rise, Homes Lagging Behind youtu.be/oZ13QpFizTI?si… via @YouTube

Australia's Economy: Debt, Inflation, and Recession Fears youtu.be/n9tyvlOq6DI?si… via @YouTube

And now we have three oil markets: Asia (Oman oil at $167), Brent ($113) and US (WTI $97)

DFA Audio: Australian Population Booms As Unemployment Rises: But… digitalfinanceanalytics.com/blog/podcast/a…

Australian Population Booms As Unemployment Rises: But… youtu.be/S8aF8a08NjE?si… via @YouTube

DFA Audio: Australia Must Get Serious Before It Is Too Late! With Robbie Barwick digitalfinanceanalytics.com/blog/podcast/a…

Morgan Stanley has warned that the earnings of Australia’s largest banks could fall by as much as 11 per cent if higher borrowing costs send Australia into a recession. ebx.sh/oKHRdQ

QatarEnergy CEO says the Iranian attack overnight damaged ~17% of its LNG production capacity, and it would take 3-5 years to repair the damage. reuters.com/business/energ…

NEVER WASTE A GOOD CRISIS … OR WILL WE? The Treasurer is talking about reform But Treasurers are always keener on action than PMs, and the same appears true today Who will win the arguments in Cabinet over the next six weeks as this year’s budget is put together? abc.net.au/listen/program…

Slower population growth/building more units are the way to slow down rental growth.

The collective cost of Albo and co's electricity subsidies would have paid for almost half the cost a 100m barrel oil and fuel storage facility and kept all of our 2009 refineries in operation (rough AI estimate). That is how badly our policymakers screwed up.

Now Minns says we do have a fuel problem, but it is a demand problem. 80 NSW petrol stations without diesel, which powers our trucks. Trucks keep Australia moving. Maybe importing a Canberra of demand each year might not be a good idea! smh.com.au/national/nsw/e…

Australia Must Get Serious Before It Is Too Late! With Robbie Barwick youtu.be/bcrmAqubt5g?si… via @YouTube @CitizensPartyAU @RobbieBarwick

Treasury predicts that inflation could soar to 5 per cent and petrol prices could remain elevated for three years, even if the conflict in Iran ends soon. ebx.sh/8CcOif

Technical recession highly unlikely given 300,000 plus annual immigration. If looked likely govt could easily bring in an extra 100k immigrants from developing nations to guarantee increase in GDP. news.com.au/finance/econom…

The @ANZ_AU branch in Robinvale was closed in 2023, leaving customers to drive 200km to do their banking. This week Robinvale ran out of fuel. No one should have to leave their town to access an essential service like banking. @JEChalmers @mattjcan @RennickGBR @DarrenChesterMP

Treasury has modelled 2 scenarios - I call them OH DEAR and OH NO! OH DEAR is already underway (oil at $100 a barrel). It immediately pushes inflation to 4.5% and weakens the economy OH NO! is worse, with oil at $120 for some time. It sees inflation at 5% and a larger and lingering hit to the economy abc.net.au/listen/program…