Sydney has been our clear fly-in-fly-out capital ever since the resources investment boom peaked, but it's ramping up to a new level.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
The bad news about the regulators' new attempts to hose down housing investment enthusiasm is that they are, at best, second rate.
It's a dangerous thing to talk a big game before taking the field. Treasurer Scott Morrison did that pre-departure for the weekend G20 finance ministers meeting in Germany. He's been left trying to claim a big loss was actually a win. Monty Python's dismembered Black Knight comes to mind.
If the Reserve Bank and National Australia Bank were competitors, the consumer watchdog could have a case against them for price signalling.
The reality is that higher profits aren't translating into higher wages.
On the present trajectory of political fiddling about housing affordability, the odds are reasonable that Scott Morrison's second budget will include National Housing Lotto. It's not much worse an idea than some that have been suggested and apparently are about to be tried.
There's an extraordinary battle underway in a relatively small listed investment company that tangentially involves the well-known names of James Packer and Peter Switzer.
Forget the banks, they're relative amateurs. If you want outrage, check out the private health insurance rip-off as demonstrated by NIB and Medibank.
The new chief dealer at James Packer's Crown Resorts seems to have a flexible view of what "VIP" might mean.
If the big banks offer cheap cards, will consumers be smart enough to use them?