Blogotariat

WE ARE GOING TO EXPLORE THE VANISHING/RESURGENT PUSH FOR WOKEISM... FROM THE ONSET WE SHOULD STATE THAT THE LGBTi MOVEMENT DESERVES RESPECT AND ACCEPTANCE — AS WE HAVE DONE MANY TIMES ON THIS HONEST SITE... BUT THE MOVEMENT — A SMALL LOUD MINORITY — DOES NOT DESERVE TO RULE EVERYONE AS IT HAS TRIED TO DO.

In November, it was reported that the Albanese government wrote to the states demanding they rein in spending on hospitals. According to ABC News, the letter stated: “For states and territories to realise a Commonwealth contribution of 42.5% of public hospital costs by 2030-31, under the capped glide path model, it will be necessary for

The post The states vs Albanese appeared first on MacroBusiness.

Drive.com.au published interesting data showing the decline in battery electric vehicle (BEV) sales in Australia despite massive subsidies from governments. Over the first 11 months of this year, only 8.5% of vehicles sold were BEVs, down from 9.5% over the same period in 2024: Internal combustion engine (ICE) vehicles accounted for 70.7% of vehicle sales

The post Billions in subsidies and EV sales fall appeared first on MacroBusiness.

Last week, we learned that the US unemployment rate rose to a four-year high of 4.6% in November, beating analysts’ expectations of 4.5%. The result marked the fifth consecutive monthly increase in unemployment, which reached its highest level since 2021. Average monthly job creation since March declined to 35,000, down from 71,000 a year earlier.

The post CFO confidence in US economy hits two-year low appeared first on MacroBusiness.

The air smells [stinks] of after Christmas

Decaying prawn shells and mouldy turkey breast

Ham rotting under the sun and a shower of rain

Stale bread, fruit-fly salad quietly abuzz from Jane

Extended families have gone back home to the west

Street-sleepers braseros have extinguished

This long joyous exuberant feast has just finished 

Empty bottles of intoxication emptied in the garbo truck

From the Market Ear: The vol smash All volatilities have been reset lately, but NASDAQ volatility remains way above year lows, VIX is close to year lows and Russell volatility, RVX, is practically at year lows. Seen VVIX? VIX is down, but VVIX has crashed lately. Soggy VIX The front VIX future keeps lagging its

The post The great volatility smash appeared first on MacroBusiness.

Washington, DC [US], December 23 (ANI): President Donald Trump said that it would be a "smart" move for Venezuelan President Nicolas Maduro to relinquish power, as the United States continues to ramp up military and economic pressure on the South American nation.

The Australian has published fascinating data showing the extraordinary rise in home values this century. As illustrated below, house prices have soared by between 227% (Darwin) and 570% (Adelaide) over the past 25 years: Unit prices have experienced similarly explosive growth, rising by between 163% (Darwin) and 600% (Adelaide) over 25 years: Cotality’s latest housing

The post 25 years of housing affordability hell appeared first on MacroBusiness.

Asian share markets are generally still doing well as we head into the low volume Christmas period with local shares the standout on a somewhat dovish outlook from the RBA minutes released today. This has seen the Australian dollar continue its bounceback on a slightly weaker USD above the 66 cent level. Oil markets remain

The post Macro Afternoon appeared first on MacroBusiness.

Quick disclaimer. I run ethical funds. We let clients add or subtract ethical (and investment) themes from all our portfolios. But I’ve never been a fan of the industry. Seven years ago, I argued that the booming industry of ESG (Environmental, Social, and Governance) ratings was more akin to marketing magic than investment medicine. At the

The post Snake Oil 2.0: Why the ESG is its own worst enemy appeared first on MacroBusiness.

Electricity prices can be kept near today’s levels in a post-coal National Electricity Market, but need a system where batteries become the dominant price-forming technology.

The post Modelling spot prices in a post-coal grid, when big batteries will become the price setters appeared first on Renew Economy.

We discuss some of the major events of the past year - the dominance of batteries, the emergence of solar-battery hybrids, the hassles for wind and transmission, and the conundrum of EVs.

The post Energy Insiders Podcast: Is the wind drought over? appeared first on Renew Economy.

SEC to build state's first publicly owned wind farm, that will be the first to be built in a pine plantation and the first to overlook a former coal plant and mine.

The post SEC steps in to rescue another stalled project, an Australian-first wind farm overlooking coal ruins appeared first on Renew Economy.