30m agoThu 23 Oct 2025 at 2:44amMarket snapshot<\/p>\n
Prices current around 1:45pm AEDT<\/p>\n
Live updates on the major ASX indices:<\/p>\n
3m agoThu 23 Oct 2025 at 3:12am<\/p>\n
Consumers weighting for ‘bargains’<\/p>\n
Super Retail Group held its AGM today.<\/p>\n
Its brands include\u00a0automotive retailer Supercheap Auto, outdoor and leisure retailers Macpac, and\u00a0BCF, and sporting retailer\u00a0Rebel.<\/p>\n
E&P Capital has offered up its thoughts on Super Retail Group.<\/p>\n
It sees sales driven by promotional campaigns.<\/p>\n
\n“While sales growth in the past 2 months has softened slightly, the key trading window for 1H26 is the Black Friday\/Christmas period and industry feedback \/ data continues to suggest that consumer spending remains clustered around key promotional events,” E&P Capital retail analyst Kade Madigan noted.<\/p>\n
“As such, we continue to expect an improvement in the momentum of consumer spending through November\/December.<\/p>\n
“[Super Retail Group’s] share price has been weak across the last 6 weeks, impacted by the recent change in management.<\/p>\n
“We would expect that today\u2019s update being in line with consensus expectations should provide comfort that recent movements in management personnel have not significantly disrupted operational momentum at the divisional level,” she said.\u00a0<\/p>\n<\/blockquote>\n
15m agoThu 23 Oct 2025 at 3:00am<\/p>\n
Fitch on interest rate outlook<\/p>\n
BMI\u00a0(a unit of\u00a0Fitch Solutions) has\u00a0just published its\u00a0outlook for Australia\u2019s interest rates.<\/p>\n
Its key views are listed below:<\/p>\n
\n
- We expect the Reserve Bank of Australia to ease rates by a further 25bps to 3.35% by the end of FY2025\/26.<\/li>\n
- We think that inflation will accelerate above the 2-3% target range in the coming months, limiting space for rate cuts.<\/li>\n
- Australia\u2019s improving economic trajectory compared with other developed markets will allow the currency to strengthen to USD0.68 by end-2025 and USD0.70 by end-2026.<\/li>\n<\/ul>\n
30m agoThu 23 Oct 2025 at 2:45am<\/p>\n
BHP on US\/Australia critical mineral agreement<\/p>\n
US President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement aimed at countering China on Monday.<\/p>\n
“I think, it’s a little bit early to actually see the outcomes of what we see as a good meeting between the prime minister of Australia and the president of the United States,” BHP Chair Ross McEwan said.<\/p>\n
“But I think it was a very good meeting to start those conversations.”<\/p>\n
40m agoThu 23 Oct 2025 at 2:35am<\/p>\n
BHP CEO flags ‘difficult decisions’<\/p>\n
BHP Group’s CEO said the company may be\u00a0forced to take “difficult decisions” for its metallurgical coal business in Australia if there were no regulatory changes to support it.<\/p>\n
The world’s biggest mining company held its annual general meeting today.<\/p>\n
BHP last month said it would suspend operations and cut 750 jobs at a Queensland coking coal mine it shares with a unit of Mitsubishi, blaming low prices and high state government royalties that have dented its returns.<\/p>\n
“Without change, there’s without doubt going to be more difficult decisions that are going to be made,” CEO Mike Henry said at the miner’s annual general meeting.<\/p>\n
53m agoThu 23 Oct 2025 at 2:22am<\/p>\n
Love of economics<\/p>\n
\nDavid – I love economics too…for Me it was Mrs Smith from Year 11. She was delightfully quirky & left me with the mind set of “don’t take the theory’s to literally (Because its likely to sound absurd), pay attention to the background lesson”…took that mindset into my economics degree. Best of all she asked two philosophical questions & made a statement that broke some conventional trains of thought, that had really helped later on. <\/p>\n
– allan<\/strong><\/p>\n<\/blockquote>\n
G’day Allan,<\/p>\n
Thanks for sharing.<\/p>\n
The thing that got me over the line was this:<\/p>\n
“It’s curious isn’t it class,” Mr Devin said, “10% of the world’s population is dying of obesity and the bottom 10% are dying of starvation”.<\/p>\n
He was referring to inequality or the haves and have nots, and, at the time, the developed world and the developing world.<\/p>\n
It resonated with me like nothing else.<\/p>\n
DT<\/p>\n
1h agoThu 23 Oct 2025 at 2:00am<\/p>\n
Financial markets quiet … with one outlier<\/p>\n
Wall Street pulled back modestly last night by Asian markets seem to be holding up reasonably well … with the exception of the Nikkei 225.<\/p>\n
It’s down over 1% at 1pm AEDT.<\/p>\n
On that front it’s worth watching the Japanese 10-Year bond yield.<\/p>\n
Analysts say the bond market could draw money from Wall Street if the risk-free rate approaches 2%<\/p>\n
It’s currently 1.65%.<\/p>\n
1h agoThu 23 Oct 2025 at 1:46am<\/p>\n
Gotta love economics<\/p>\n
OK this a little bit of a personal post from me.<\/p>\n
I love economics.<\/p>\n
I fell in love with it in year 11 — helped by a great teacher, Terry Devin.<\/p>\n
I wish the same for other students.<\/p>\n
The Reserve Bank has published its latest Bulletin.<\/p>\n
It devotes a section to the progress of the uptake of economics in high schools… because it recently dropped off a cliff.<\/p>\n
Here’s an excerpt from the RBA October Bulletin.<\/p>\n
\n“The RBA\u2019s 2024 student survey finds that students across New South Wales continued to view the field of economics as relevant and beneficial to society; however, perceptions of the study of Economics in Years 11\u00a0and 12\u00a0remained less favourable.”<\/p>\n
“New insights from the 2024 survey highlight the role of early exposure to Economics through the Years7\u201310Commerce elective, particularly following the introduction of a core economics topic into the 2019 Commerce syllabus.<\/p>\n
“This early engagement is associated with greater student interest, confidence and understanding of Economics.<\/p>\n
“Notably, the largest improvements were observed for students from lower socio-economic backgrounds, who are under-represented in Economics.<\/p>\n
“These findings suggest that an increased focus on efforts to give more Years7\u201310students the opportunity to engage with Economics could help to broaden participation and improve perceptions of the subject among a more diverse cohort of Years 11\u201312students.”<\/p>\n<\/blockquote>\n
You can read more on the RBA’s website.<\/p>\n
1h agoThu 23 Oct 2025 at 1:30am<\/p>\n
House prices outpace wage growth by so much you probably want to look away<\/p>\n
The wildness of our market is in full effect.\u00a0Sydney\u2019s median house price jumped 3.4% last quarter, an increase of $58,148.\u00a0<\/b><\/p>\n
If that percentage seems familiar it’s because it’s same as the backwards looking Wage Price Index of how much wages are rising by.<\/p>\n
But the WPI is going up by 3.4% a year, not\u00a0per quarter.<\/b><\/p>\n
2h agoThu 23 Oct 2025 at 1:10am<\/p>\n
Important keg news for keg consumers<\/p>\n
Hi team,<\/p>\n
![\"David](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/lcimg-2df95ae4-9506-4940-bbd7-9ade9e2e308c.jpeg\")
<\/p>\n![\"Daniel](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/lcimg-4d9bae2c-0f8c-44d6-8b07-7d0c9a8ec755.jpeg\")
<\/p>\n![\"Rhiana](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/lcimg-fff6d609-bb05-4e68-a82d-586f2b4d6255.jpeg\")
<\/p>\n![\"\"](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/lcimg-0b3f5cd4-e331-4fe3-9f84-767587bcf294.jpeg\")
BHP AGM opens <\/p>\n![\"Gareth](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/lcimg-f36b83a2-46d0-4bf4-8c37-dc028268654e.png\")
<\/p>\n![\"Table](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/lcimg-6d1ab39e-d769-4b6d-b42a-78e42e71196a.jpeg\")
Quarterly and annual changes in the value of houses (Domain)<\/p>\n![\"Quarterly](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/lcimg-35b5728d-55c1-4587-b63c-185d29c49ed3.jpeg\")
Quarterly and annual changes in the value of units (Domain)<\/p>\n![\"Stephanie](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/lcimg-38467754-a5e6-4c2e-97bd-ca15b178ac9c.jpeg\")
<\/p>\n