Markets are down, bit of a breather after a good run,
Oz inflation lower than i thought it might be but higher than general expectations, preferred measure higher too but at 2.8 it's in the high end of their 'band of 2-3%' . Like other Banks and the FED they shouldn't have such a high band, 0-2% is plenty high enough, a safer level and better to keep our money more stable. 3% makes our 'money' de-base too quickly and allows for more degrees of bad government management for longer.
Musk don't like the increase in spending in Trumps Big Beautiful Bill. The Senate will make adjustments by the looks. They could do with codifying the DOGE cuts.
Luxury end spending tapering off according to some reports.
Germany stepping up War efforts, they've always been warmongers as history clearly shows, the people probably like peace but the pollies don't.
Labor seem dug in with the un-realised capital gains tax, it's like a big envy or jealous tax, un-ethical imo. Will one be able to claim unrealised losses?
