Blogotariat

While Bitcoin makes headlines, Asian stock markets are generally lower over continued macro concerns and the lead up to tomorrow night’s US jobs print. The USD is relatively steady and strong against the other undollars while the Australian dollar remains under pressure just above the 64 handle. Oil futures are failing to hold on to

The post Macro Afternoon appeared first on MacroBusiness.

Dementia Australia Media Release Dementia Australia welcomes the National Dementia Action Plan, a ten-year framework for government that provides the opportunity to make enduring positive changes to improve the quality of life for people living with dementia. Dementia Australia CEO Professor Tanya Buchanan said the plan is vital to ensure that the more than 421,000…

The post National Dementia Action Plan provides a clear vision for the future appeared first on The AIM Network.

A battery project hailed as a "first of its kind" when unveiled two years ago has been scrapped by iron ore billionaire Andrew Forrest's Squadron Energy - because it is too small.

Group of science and engineering academies agree that baseload power plants not required to support a renewables dominated grid, and are likely to make it more expensive.

By Mason Garland It’s now been over a month since the beginning of the Lord Mayor Adrian Schrinner and Brisbane City Council’s crackdown on the homeless tent cities at Musgrave Park (and Kurilpa Point Park). And since then, there has been a recognisable decline in tent sleepers staying at Musgrave Park, many choosing to migrate…

The post Musgrave Crackdown: Safety or Politics appeared first on The AIM Network.

Does Australia need a Korean coup to wake up to falling living standards? No. Once that cat is out of the bag, then the fall accelerates, ala Argentina. John Authors today looks at what South Korea’s martial law episode signifies. At present, it looks like Yoon’s bid for power rather resembles the coup against Mikhail Gorbachev by

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The Market Ear with the argument for more tech, for longer. Big boom potential BofA sees potential for a proper melt-up. “Not since the 1920s have we seen the potential for a major tech boom to coincide with significant deregulation & tax cuts. Historically, both have driven large booms in equities” Source: BofA Quant Relatively

The post The Roaring Twenties appeared first on MacroBusiness.

Australia’s RBA governor, Michele Bullhawk, is about to make an awkward first landing. Goldman’s Andrew Boak shoots the ungainly creature down. Bottom line: Australian GDP increased 0.3%qoq in 3Q2024, with year-ended growth decelerating to a new 32-year low of 0.8%yoy (ex-pandemic lockdowns). The outcome was 20bps below expectations (GSe/BBG: +0.5%qoq, +1.1%yoy) and GDP per capita

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One of the less-known outcomes of the immigration-led economy is that it destroys the nation’s armed forces. It does this by ripping up the social contract between leadership and the polity on critical issues around living standards. To put it bluntly, why would any young person wish to defend their country when the same has

The post Soldiers added to skills shortage list appeared first on MacroBusiness.

From the Productivity Commission today. We want your ideas on making Australia more productive and prosperous The living standards of Australians depend on our national productivity. That’s why we want to hear your ideas on practical ways we can make Australia more productive. Select the ‘Add your idea’ button to pitch your idea. The ideas

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According to the most recent PropTrack home price data, Melbourne has been left well behind the other major capital cities. Since the start of the pandemic in March 2020, Melbourne dwelling prices have increased by only 16%, compared to a 41% growth across the combined capital cities: The following chart displays price growth across the

The post Melbourne relegated to house price donkey appeared first on MacroBusiness.

A busy session of economic news and Fedspeak kept risk markets alive with volatility overnight as Wall Street returned to buying mode while another record high from the German DAX pushed European stocks higher again, despite further French political problems, Korean peninsula machinations and the rumblings of a Chinese trade war with the USA. The

The post Macro Morning appeared first on MacroBusiness.