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29.03.26 - 14:12
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How Singapore and Australia Took Opposite Paths on Housing (Bloomberg)
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As homeownership drifts further out of reach, governments are looking for new ways to help first-time buyers come up with the money. In Australia, economist Saul Eslake argues that letting buyers tap retirement savings or reduce down payments only puts more upward pressure on prices. In Singapore, economist Sumit Agarwal points to a very different system: mandatory savings there can be used for housing, but steep taxes discourage buying second and third homes. Through the experiences of first-time buyers Jordan Davies in Melbourne and Jeff Chie in Singapore, the story explores whether easier access to capital really helps people buy homes or simply makes housing even more expensive. (Source: Bloomberg)...
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27.03.26 - 14:48
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First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants (ZeroHedge)
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First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants
In a troubling overnight development that could further deepen the Gulf energy shock, especially in global LNG markets, a tropical cyclone has disrupted operations at three major Australian LNG facilities, which together account for roughly 8.4% of global supply. The timing is alarming: Iranian strikes have already knocked out about 17% of Qatar's LNG export capacity, with repairs potentially taking years. The Australian outages now add near-term supply risks for buyers, particularly in Asia and Europe, who are already panicking and scrambling for new supplies.
Tropical Cyclone Narelle is bearing down on Western Australia's coastline and has sparked major disruptions across three of Australia's top LNG facilities, including Gorgon, Wheatstone, and North West Shelf (as per Bloomberg):
Woodside Energy Group Ltd.'s North West Shelf export plant in Western Australia had a production interruption due to severe Trop...
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27.03.26 - 09:55
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Australian Dollar Falls Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the Asian session on Friday. The Australian dollar fell to a 2-month low of 0.6872 against the U.S. dollar, nea......
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27.03.26 - 09:09
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Aktien Asien: Verhaltene Entwicklung vor dem Wochenende (DPA-AFX)
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SEOUL/HONGKONG/TOKIO (dpa-AFX) - Die asiatischen Börsen haben am Freitag uneinheitlich tendiert. Vor dem Wochenende stellte sich damit eine abwartende Haltung ein.Etwas Entspannung brachten neue Nachrichten zum Iran-Krieg. US-Präsident ......
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