Internal migration resulted in a net loss of 11,200 people from Australia’s capital cities in the September quarter of 2020, according to Australian Bureau of Statistics data released this month. At the same time, some regional areas experienced significant growth in house prices as demand for properties increased. So this has raised the questions: are we starting to see an exodus from our cities, and is this related to the COVID-19 pandemic?
To work out what is happening there are a few important things to consider.
In Australia we move a lot
The first thing to keep in mind is that Australia has one of the most internally mobile populations in the world. About 40% of the population change their addresses at least once within a five-year period. However, the level of internal migration within Australia has fallen since the 1990s.
The bleak outlook was laid out in the Institute of Public Affairs
Net Zero Jobs document. The IPA is a conservative think-tank based in Melbourne. The document uses data from the National Greenhouse Gas Inventory by Economic Sector report, along with industry employment data from the Australian Bureau of Statistics, to estimate how many jobs would be put at risk from a net zero emissions target. It claimed that up to 653,600 jobs would be directly in the firing line from a net zero emissions target. But Labor spokesman for Northern Australia Murray Watt has rubbished the claims as a blatant scare campaign from a fringe group .
Wilson Asset Management (WAM) thinks these 2 ASX shares are a buy
Tristan Harrison | February 13, 2021 11:52am |
More on: Image source: Getty Images
Respected fund manager Wilson Asset Management (WAM) has recently identified two ASX shares that it owns in its portfolio.
WAM operates several listed investment companies (LICs). Some focus on larger companies like
WAM Leaders Ltd (ASX: WLE) and
There’s also one called
WAM Capital Limited (ASX: WAM) which targets “the most compelling undervalued growth opportunities in the Australian market.”
The WAM Capital portfolio has delivered an investment return of 16.3% per annum since inception in August 1999, before fees, expenses and taxes. This gross return outperformed the S&P/ASX All Ordinaries Accumulation Index return of 8.3% per annum over the same timeframe.
As thousands of Melburnians quit the city for new lives in regional Victoria, they might want to think about what they are leaving behind, and what awaits.
Crooks and stats: Time for a reality check on crime in Victoria
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Many media commentators are the journalistic equivalent of tent boxers. They have learnt their craft well and understand their audience’s demands: A violent conflict and a simple resolution.
Tent boxers, like media commentators, know how to throw a punch then cover up. Canberra Show, 2013.
Credit:Rohan Thompson
The tent boxer long ago discovered what works. A simple combination of punches - no fancy stuff –left, left, then right. Bang, bang, bang, then cover up and don’t get hurt.