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The Australian Independent Media Network Sunday, September 27, 2020 - 19:24 Source

I sometimes wonder if it is in becoming a parent, responsible for the health and well-being of a tiny morsel of humanity, that we first experience a real awareness of the interdependence of human beings. For those who wait until they are reasonably mature adults to give birth the first time, it is often a…

The post A personal view of a failed democracy appeared first on The AIM Network.

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MacroBusiness Sunday, September 27, 2020 - 17:00 Source

DXY remained strong Friday night: The Australian dollar fell to new lows, bouncing off the 70 cents line: EMs were even weaker: Gold is on hiding to nothing in the short term: Oil too: And metals: Miners were OK: EM stocks bounced: But the junk siren is still sounding: Us bonds were bid: Which aided

The post Australian dollar swoons again as TARP shock 2.0 looms appeared first on MacroBusiness.

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Harrangue Man Sunday, September 27, 2020 - 16:06 Source

There are moments in life that are pretty sweet but among the sweetest is recognition of harm done. To complete the trifecta of insurance and payout with a successful Redress of Grievance, or RoG, is the icing on the fucked-over-acknowledged-cake. 

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The Australian Independent Media Network Sunday, September 27, 2020 - 14:51 Source

September 25. Central Criminal Court, London. On this Friday, the Assange trial moved into the rarefied realm of computer hacking and the less than rarefied world of when final arguments will be made. The WikiLeaks publisher is confronting the prospect of extradition to the United States for 17 charges under the US Espionage Act and…

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The Australian Independent Media Network Sunday, September 27, 2020 - 14:49 Source

Two days after assailing the Morrison government for inaction on a jobs plan amid ushering in the cuts to the JobSeeker and JobKeeper subsidies, the Australian Council of Trade Unions (ACTU) has called for a reversal and expansion of JobKeeper. Citing the 3.5 million workers receiving JobKeeper, Michele O’Neil, president of the ACTU, views the…

The post Reverse JobKeeper cuts and protect working people, say unions appeared first on The AIM Network.

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The Australian Independent Media Network Sunday, September 27, 2020 - 11:17 Source

He was very much one of those cricketers who made the pulse race, a figure for the advocates of a faster variant of the game. Nothing of the solid blocker in the man, though he could, if needed, linger at the crease. Australia’s Dean Jones sported equipment perfect for the shorter format of the game:…

The post Dean Jones: Life of a Cricketing Entertainer appeared first on The AIM Network.

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Harrangue Man Sunday, September 27, 2020 - 08:59 Source

I have a deeply ingrained habit of singing nonsense; yes, that does make sense. I'm oft seated with tablet in play musically burbling like a happy chicken as they dance upon morning grass.

For some reason my auto brain decided it was a duet with my cat and since can't sing I subbed for her.

"MEW, MEW, MEW, MEW-MEW, MEW-MEW, MEW" I sang-yelled lustily in cat mode freaking out anyone near in our small house.

There were recriminations, which is fair because I'm the one with susceptibility to sudden or loud noise and I'd just inflicted both. 

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MacroBusiness Saturday, September 26, 2020 - 20:03 Source

La Perouse, 1947, William Dargie, Art Gallery of NSW   Macro & Markets Australia says world needs to know origins of COVID-19 – Reuters FinCEN Files show banks are not serious enough about beating money laundering – ABC What $2tn in possible corrupt activity reveals about Kleptopia – Guardian…the world is awash with corruption proceeds,

The post Sunday Supplement: 27 September 2020 appeared first on MacroBusiness.

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The Australian Independent Media Network Saturday, September 26, 2020 - 14:56 Source

By Denis Bright   Even Nostradamus himself might be hesitant about predicting the final outcomes of the Queensland state election on 31 October 2020. Opinion polls to date have been of scant assistance. This article can only promote discussion about some of the new variables in this year’s contest. These are strange times with lots of…

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John Quiggin Saturday, September 26, 2020 - 14:34 Source

Despite yet another round of policy announcements from the Morrison government, energy policy in Australia is still stuck in the morass created by a combination of climate denialism and the failed reforms of the 1990s, of which privatisation was a critical element.

I’ve argued for some time that the grid should be renationalised, and the case is even more urgent now.

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Harrangue Man Saturday, September 26, 2020 - 13:07 Source

Our chickens don't like to be cuddled so if you attempt it the trick is to offer food, in this case spoiled grapes. We call it sad food, so sad grapes, because they're sad but they also get food. If they eat it then they eat begrudgingly and disdain. 

I cuddled the brown Silkie and she did not want the grapes, even when I threw them down and plopped her on the ground.

But I do heartedly suspect she would have done so had the offering not been so fowl...

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AustralianPolitics.com Saturday, September 26, 2020 - 12:20 Source

The Victorian Minister for Health, Jenny Mikakos, has resigned.

Mikakos announced her resignation in a statement posted on Twitter at 9.32am. The statement appears below.

Her resignation follows Premier Daniel Andrews’ appearance at a public hearing of the Hotel Quarantine Inquiry yesterday. Andrews said Mikakos and the Health Department were “accountable” for the decision to employ private security guards at hotels involved in the quarantining of people arriving in Melbourne from overseas.

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Club Troppo Saturday, September 26, 2020 - 12:15 Source

Above is a recording of me presenting a session on How the competition delusion is ruining everything. It’s the presentation of this essay “Trust and the Competition Delusion”.

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The Australian Independent Media Network Saturday, September 26, 2020 - 11:16 Source

On the day where the Morrison government’s announced cuts to the JobKeeper and JobSeeker subsidies take effect, the Australian Council of Trade Unions (ACTU) have taken another opportunity to push its jobs-based plan for economic recovery – with the reading of the federal budget now just ten days away. Michele O’Neil, the president of the…

The post Jobs plan must be a way forward, says ACTU appeared first on The AIM Network.

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The Tally Room Saturday, September 26, 2020 - 11:00 Source

Voting starts on Monday in the Australian Capital Territory election, with election day to be held on October 17.

Voters will be electing twenty-five members of the Legislative Assembly across five electorates using the Hare-Clark proportional voting system.

You can now read the guide to this election.

The current government is led by Labor’s Andrew Barr, with one Greens minister. The current Assembly includes twelve Labor MLAs, eleven Liberals and two Greens.

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The Australian Independent Media Network Saturday, September 26, 2020 - 10:30 Source

By Paul Gregoire   The Panama Papers could have been a massive moment in history. However, the culture of tax havens, loopholes and our richest paying zero tax continues unabated. An Oxfam report released on January 20 revealed that last year 26 billionaires owned the same amount of wealth as the poorest 3.8 billion people around the globe.…

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The Australian Independent Media Network Saturday, September 26, 2020 - 06:00 Source

1 Yet another scandal surrounding the Liberal Party. A Liberal Party donor purchases a parcel of land near the Western Sydney airport for a fraction of its true value and the Auditor General finds it to be a shonky deal. Then we find out that the company who purchased the land is a donor to…

The post Just because we are governed by clowns it doesn’t mean we have to laugh appeared first on The AIM Network.

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New Politics Saturday, September 26, 2020 - 00:03 Source

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MacroBusiness Saturday, September 26, 2020 - 00:01 Source

Global Macro / Markets / Investing: The Stock Market Is Not the Economy – TCF “We’re in serious f***ing trouble if the share price of Apple drops more than 250 points,” said Trump in a leaked Oval Office meeting recording. – CNN DOLLAR will CRASH in 2021, US should brace for double-dip recession, economist warns

The post Weekend Reading: 26-27 September 2020 appeared first on MacroBusiness.

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Harrangue Man Friday, September 25, 2020 - 21:46 Source

I spent half an hour fighting ghosts in my shed. They come out there then next thing I know I'm fulminating, hissing venom at phantoms past.

I realised I had my head level as if all the people who'd thugged me were my height and that has never been the case; taller, always taller, sneering looking down. So I yelled at a box on the top shelf. 

I worked myself into apoplexy then snagged on reality that yelling at things thirty years gone wasn't helping.

I'm mad at a normal life taken; that my misshapen square self was not fit for a circle world where the Eloi strut lithe of limb.

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The Australian Independent Media Network Friday, September 25, 2020 - 20:00 Source

By Jane Caro   Despite women facing the wage gap, eventual poverty and possible homelessness, the government is quite happy to blame us for our fate. As soon as the Federal Government understood that millions of Australians were likely to find themselves living on unemployment benefits for the foreseeable future, they realised just how politically untenable…

The post Australia’s poor old women appeared first on The AIM Network.

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MacroBusiness Friday, September 25, 2020 - 17:00 Source

The mixed mood on markets is moving to the positive side, outside of China, with most share markets here in Asia rebounding further than Wall Street did from overnight on the back of potentially more fiscal stimulus from the US congress.  The USD is in a very slight retreat after its big run against everything,

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, September 25, 2020 - 16:32 Source

September 24. Central Criminal Court, London. The lion’s share of today’s Old Bailey proceedings in Julian Assange’s extradition trial was spent on battles over mental health and dire risk. The prosecution continued its attempt to minimise the dangers facing Assange were he to be extradited to the United States for 17 charges under the US…

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The Australian Independent Media Network Friday, September 25, 2020 - 16:29 Source

With less than a week to go in the scheduled agenda for the industrial relations reforms negotiations which have been ongoing since early June, Sally McManus – national secretary of the Australian Council of Trade Unions (ACTU) – has voiced her displeasure over an apparent breakdown in the talks which have been primarily featuring union…

The post Industrial relations reform talks breached again as deadline approaches appeared first on The AIM Network.

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Cheeseburger Gothic Friday, September 25, 2020 - 15:51 Source

I started the day with a double migraine. First one just after midnight, and then a second barrel in the face just as I was rolling up to the gym. So it was never going to be a heavy writing day.

Highlight was definitely catching up with old mate Andrew Stafford for lunch at Fiddleleaf Cafe.

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MacroBusiness Friday, September 25, 2020 - 15:44 Source

Ahead of the anticipated announcement of the Federal Governments trashing of responsible lending laws by moving oversight of financial lending from ASIC to APRA, Gunnamatta spoke with David Llewellyn-Smith and Leith van Onselen about the implications of the move, and how this positions the Australian economy.  The sound is a touch raw, and the discussion

The post MB Radio: Irresponsibility becomes the new black appeared first on MacroBusiness.

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Renew Economy Friday, September 25, 2020 - 15:41 Source

elon muskTesla’s Battery Day delivered anticipated cost cuts, but the agency to act is highlighted by both Elon Musk and our guest, Zeke Hausfather from The Breakthrough Institute.

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MacroBusiness Friday, September 25, 2020 - 15:20 Source

A consortium of consumer groups have rightfully slammed the Morrison Government’s planned axing of responsible lending laws, issuing the following media statement: MEDIA STATEMENT FRIDAY 25 SEPTEMBER 2020 Consumer groups slam move to remove responsible lending laws Removing credit protections will cause harm to people and the economy  CHOICE, Consumer Action Law Centre, Financial Counselling

The post Consumer groups slam Coalition’s gutting of responsible lending laws appeared first on MacroBusiness.

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MacroBusiness Friday, September 25, 2020 - 15:00 Source

The stars are aligning for Victorian Health Minister Jenny Mikakos to become the scapegoat for Melbourne’s hotel quarantine disaster after she was caught lying to the Hotel Quarantine Inquiry yesterday: Victoria’s Health Minister Jenny Mikakos appears to have misled the inquiry into the botched hotel quarantine program after claiming the first she learnt of the

The post More lies revealed about Melbourne’s hotel quarantine appeared first on MacroBusiness.

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MacroBusiness Friday, September 25, 2020 - 14:40 Source

Sam Crosby from Labor thinktank the McKell Institute believes “there are good reasons why for many the novelty of working from home wore out quickly”: Companies had only been resisting the logic of working from home due to a combination of inertia and fears over optics. Now they’ve been rushed into conducting a 2020 global

The post Naysayers need to accept work from home is here to stay appeared first on MacroBusiness.

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