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MacroBusiness
Tuesday, August 16, 2022 - 11:00
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The idiot MSM is today replete with ScoMo bashing: Albanese said people in government are searching for documents that saw Scott Morrison sworn in secretly to various ministry portfolios, but said he won’t speculate yet on what implications these unprecedented arrangements may have on legal decisions made by the former government. The new PM told The post So far, Albo is worse than whacko ScoMo appeared first on MacroBusiness. |
MacroBusiness
Tuesday, August 16, 2022 - 10:39
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After last week crashing to its lowest level since April 2020, the ANZ-Roy Morgan weekly consumer confidence index rebounded 4.9% to its highest level since late June: The key movements in the sub-indexes were as follows: Consumer confidence jumped 4.9% last week, completely reversing the drop following the RBA’s August rate hike. Confidence is the The post Consumer confidence dead cat bounces appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, August 16, 2022 - 10:30
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Max Opray, Schwartz Media’s morning editor, has neatly summed up the revelations that former Prime Minister Scott Morrison secretly gave himself joint responsibility for the health, finance and resources ministries, in contravention of the Westminster democratic system of government: The Albanese government has ordered a search for documents authorising former prime minister Scott Morrison to |
The Australian Independent Media Network
Tuesday, August 16, 2022 - 10:30
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Why the sharp intake of breath, the tingling shock? In one of the world’s most secretive liberal democracies, the revelation that the previous Australian Prime Minister Scott Morrison ran a shadow government overseen by personal quasi-despotic whim spanning several ministerial positions has caused chill and consternation. That’s not the way we do things – except… The post The Failings of Westminster: Scott Morrison’s Shadow Government appeared first on The AIM Network. |
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MacroBusiness
Tuesday, August 16, 2022 - 10:00
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The ferrous complex was pasted on August 15, 2022: The futures contracts rolled forward so some of the damage is duration. This followed the terrible China data which was reinforced by the latest CISA output numbers running at 2018 levels: There’s worse to come as property starts keep crashing: However, there is an offset. As The post Daily iron ore price update ($60 this year) appeared first on MacroBusiness. |
The Australian Independent Media Network
Tuesday, August 16, 2022 - 10:00
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Science & Technology Australia Media Release Australia’s climate change legislation should be passed with an added commitment to ‘name and fame’ sectors leading the charge to reduce emissions, the peak body for Australia’s 90,000 scientists and technologists has urged. In its submission to the Senate Inquiry on the Climate Change Bill, Science & Technology Australia… |
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MacroBusiness
Tuesday, August 16, 2022 - 09:30
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Pantheon kicks us off with an analysis of Chinese July data: China: Industrial production growth slowed to 3.8% y/y in July, from 3.9% in June. Consensus was 4.3%. China: Retail sales growth slowed to 2.7% y/y in July, from 3.1% in June. Consensus was 4.9%. China: FAI growth fell to 5.7% ytd y/y in July, The post China’s growth era is over appeared first on MacroBusiness. |
MacroBusiness
Tuesday, August 16, 2022 - 09:30
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Risk markets reacted fairly positively overnight to some weak economic data out of China and the US with Wall Street lifting slightly to continue its previous solid trading week. The USD as a result extended its gains with a near 1% rise against the major currencies with Euro the main casualty, but also knocking the The post Macro Morning appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, August 16, 2022 - 09:00
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DXY bounced hard last night: AUD was slain: All commodities and EMs were trashed: Treasuries were bid: Stocks only go up: Westpac has the wrap: Event Wrap US homebuilder confidence (NAHB) fell to 49 (est. 54, prior 55) – the lowest since May 2020. The report noted builder confidence continues to be affected by the FOMC’s rate The post Australian dollar slain by China appeared first on MacroBusiness. |
Renew Economy
Tuesday, August 16, 2022 - 09:00
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Your Democracy
Tuesday, August 16, 2022 - 08:56
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The Ukrainian military has not been able to pull off its promised counteroffensive, and Russian forces are now likely to take over the whole of Ukraine’s Black Sea coast, Colonel Douglas Macgregor, a former adviser to the secretary of defense in the Trump administration, has said. |
THE BLOT REPORT
Tuesday, August 16, 2022 - 07:40
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This is a continuation of the commentary on the maiden speech by the member for Flynn, Colin Boyce1. The reason I have divided this into two parts is because to not do so would have made the item a bit too long. In the first part, I concentrated on his climate denialism and showed how that part of his speech contained numerous lies2. Here I deal with some of the other, slightly more peripheral, lies. |
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The Tally Room
Tuesday, August 16, 2022 - 07:00
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A lot of analysis of the recent federal election used aggregate data and made assumptions about individual voting trends, but now we have some data that can actually answer these questions. Ben is joined in this episode by Shaun Ratcliff from YouGov to discuss the Australian Cooperative Election Survey, which allows analysts to make conclusions about individual voting trends. We discuss trends in terms of income, wealth, gender, age, LGBTQI+ voters and cultural diversity. |
Your Democracy
Tuesday, August 16, 2022 - 06:59
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Accusations that Moscow is jeopardizing the Zaporozhye Nuclear Power Plant (ZNPP) contradict the facts and allow Kiev to undermine the International Atomic Energy Agency’s efforts to inspect the facility, Russia’s Foreign Ministry said on Monday.
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Renew Economy
Tuesday, August 16, 2022 - 06:53
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MacroBusiness
Tuesday, August 16, 2022 - 00:10
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After the Albanese Government on the weekend confirmed that it would ramp-up immigration to record levels following next month’s Jobs & Skills Summit, a conga line of special interests have demanded their fill. The Business Council of Australia (BCA) has demanded four year visas for temporary ‘skilled’ migrants alongside a guaranteed pathway to permanent residency: |
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MacroBusiness
Tuesday, August 16, 2022 - 00:05
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Much like Sydney’s, Melbourne house price losses have accelerated, with values down 3.9% from their peak: Melbourne dwelling values started falling sharply after the Reserve Bank of Australia’s (RBA) initial interest rate rise on 3 May. Since that first hike, Melbourne’s dwelling values have plummeted by 3.7%. Alongside even heavier falls across Sydney (-5.6%), these The post RBA torpedoes Melbourne house prices appeared first on MacroBusiness. |
MacroBusiness
Tuesday, August 16, 2022 - 00:01
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Global Macro / Markets / Investing: One-third of the food we eat is at risk because the climate crisis is endangering butterflies and bees – CNN High Prices, Range Anxiety Holding Back EV Adoption – Statista Wall Street Bets on Both Green Energy and Fossil Fuels – WSJ Jeremy Grantham still expects the S&P 500 The post Links 16 August 2022 appeared first on MacroBusiness. |
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Your Democracy
Monday, August 15, 2022 - 22:44
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The United States and its allies have spent years and billions of dollars providing weapons assistance and training support for Kiev, with aid ramped up dramatically since the escalation of the long-embering crisis in February. |
Renew Economy
Monday, August 15, 2022 - 22:42
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The Australian Independent Media Network
Monday, August 15, 2022 - 19:08
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Well, we all remember how upset Jenny was with Grace Tame’s bad manners when she and Scott invited her to one of their several homes and she didn’t even smile after the Prime Minister whistled her over to be in the photograph with them. Anyway, while a significant minority of people were upset with what… The post Grace Tame Snubbed Several Ministers!! appeared first on The AIM Network. |
The Australian Independent Media Network
Monday, August 15, 2022 - 18:30
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By 2353NM The ABC’s Virginia Trioli writes a ‘weekend read’ which is emailed out most Saturday mornings. A few weeks ago, there was the story about a bakery of the kind of layered, puffed, frosted, creamy delights that you’d usually only see on the table of your just-baptised cousin … that has been trading for eleven years,… The post A return to good manners appeared first on The AIM Network. |
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Your Democracy
Monday, August 15, 2022 - 18:03
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Renew Economy
Monday, August 15, 2022 - 17:57
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The Australian Independent Media Network
Monday, August 15, 2022 - 17:19
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By Jane Salmon Afghans living overseas are certainly refugees since the fall of Kabul and US withdrawal a year ago. Therefore, the Hazara minority, who have been abused under every Afghan government for hundreds of years have been refugees even longer. Australia has had a longstanding policy of not letting many refugees in via Indonesia,… The post When does neglect under “Sovereign Borders” become a war crime? appeared first on The AIM Network. |
MacroBusiness
Monday, August 15, 2022 - 16:30
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A relatively mixed start o the trading week for Asian stocks in response to very solid session on Wall Street on Friday night, with Chinese stocks the laggards as the USD returns to strength. The Australian dollar has faltered slightly to be just below the 71 cent level while Euro continues to fall going into The post Macro Afternoon appeared first on MacroBusiness. |
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Your Democracy
Monday, August 15, 2022 - 16:17
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Renew Economy
Monday, August 15, 2022 - 16:03
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Renew Economy
Monday, August 15, 2022 - 15:01
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The Australian Independent Media Network
Monday, August 15, 2022 - 15:00
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It took a few years of tolerable incompetence, caused fears about security, and was meant to be the great surveillance salvation to reassure us all. Instead, Australia’s COVIDSafe App only identified two positive cases of infection during the SARS-CoV-2 pandemic, and failed, in every sense of the term, to work. Launched in April 2020, this… The post Stumbling Surveillance: The end of the COVIDSafe App appeared first on The AIM Network. |
Have you noticed the latest coming out of Eastern Europe—the Estonians, the Lithuanians, the Latvians, the Czechs, and let us not forget the Ukrainians? Suddenly everyone thinks it is a good idea to begin shutting Russians, as in all Russians, out of Europe. That’s it: No more Russians in Europe because…because they are Russian. End of story, as some people like to say. 
