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MacroBusiness Monday, April 19, 2021 - 10:20 Source

The Significant Investor Visa (SIV) program is a ‘fast-track’ residency scheme that can lead to Australian citizenship, and requires participants to spend $5 million over four years on complying investments in order to receive citizenship. Since its inception, the SIV program has brought around $11.6 billion into Australia. However, it was criticised by the Productivity

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Renew Economy Monday, April 19, 2021 - 10:18 Source

Morrison's latest energy deal will deliver gas that South AUstralia doesn't need any more, but could hasten shift to renewables in that state.

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MacroBusiness Monday, April 19, 2021 - 10:00 Source

Nobody can deny that the Morrison Government’s HomeBuilder program has been a stomping success in driving building activity. New home sales soared, with sales in the three months to February 2021 60.5% higher than the same three months in 2020: Loans for dwelling construction hit their highest ever level in February after surging 166% year-on-year:

The post Coalition right to extend HomeBuilder deadline by 12 months appeared first on MacroBusiness.

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MacroBusiness Monday, April 19, 2021 - 09:40 Source

CoreLogic has released its preliminary auction results for the weekend just gone, which reported another strong result, with a national preliminary clearance rate of 80.5%. Sydney led the way again, recording a preliminary clearance rate of 84.8% off 772 reported auctions, whereas Melbourne reported a preliminary clearance rate of 78.1% off 1,080 reported auctions. Elsewhere,

The post Auction market strong again appeared first on MacroBusiness.

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MacroBusiness Monday, April 19, 2021 - 09:30 Source

The last two weeks have seen new historic highs across equity markets with bullish economic news helping lift risk spirits across the complex. Friday night saw another positive day for Wall Street while the USD was largely unchanged as  Treasury yields lifted slightly to be back above the 1.7% level as commodity prices were mixed.

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Monday, April 19, 2021 - 09:20 Source

The ferrous complex rallied further on April 16, 2021. Spot price firmed, paper continued to climb though is largely closing a gap to spot and steel was solid: Vale reports this week so that is one to look out for as it will update the market on its supply resumptions.  In the meantime, the news

The post Daily iron ore price update (supply response) appeared first on MacroBusiness.

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MacroBusiness Monday, April 19, 2021 - 09:00 Source

One of the fakest narratives to come from the COVID pandemic is the notion that female workers have been hardest hit, leading to claims of a ‘pink recession’. For example, the Grattan Institute last month claimed that the “COVID recession hit women hardest”: The COVID recession hit women much harder than men… ‘Policy makers seemed

The post The “pink recession” is actually a “pink boom” appeared first on MacroBusiness.

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Your Democracy Monday, April 19, 2021 - 06:17 Source

smokosmoko

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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John Quiggin Monday, April 19, 2021 - 06:11 Source

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.

To be clear, the sandpit is for regular commenters to pursue points that distract from regular discussion, including conspiracy-theoretic takes on the issues at hand. It’s not meant as a forum for visiting conspiracy theorists, or trolls posing as such.

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Your Democracy Monday, April 19, 2021 - 06:10 Source

peacockpeacock

 

 

 

 

 

 

 

 

 

 

 

 

 

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John Quiggin Monday, April 19, 2021 - 06:10 Source

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

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MacroBusiness Monday, April 19, 2021 - 00:10 Source

Markets plodded higher on Friday as US yields lifted a little while DXY kept falling: The Australian dollar is forming up an even larger head-and-shoulders topping pattern while trending lower against EUR and JPY: Gold took off along with oil: Base metals fell: Big miners mostly lifted: EM stocks are getting left behind as China

The post Robots buy the Australian dollar appeared first on MacroBusiness.

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MacroBusiness Monday, April 19, 2021 - 00:05 Source

Capital Economics with the note: The RBA’s latest Financial Stability Review painted a rosy picture of financial stability risks. Household debt as a share of disposable income remained at a four-year low in Q4 despite the fall in incomes as stimulus was withdrawn. (See Chart 1.) And the high rate of saving over the last

The post Capital Economics: Australian house prices to fall in 2022 appeared first on MacroBusiness.

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MacroBusiness Monday, April 19, 2021 - 00:01 Source

Global Macro / Markets / Investing: The new U.S. plan to rival China and end cornering of market in rare earth metals – CNBC The “Semiconductor” shortage crisis from start to finish – Economist Mark Cuban: As Supply And Demand Increases, Dogecoin “Will Find Its Level” – Global Trends Inflation Basics put into practice for

The post Links 19 April 2021 appeared first on MacroBusiness.

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Left Focus Sunday, April 18, 2021 - 19:38 Source

 

Pluckrose, Helen and Lindsay, James, ‘Cynical Theories – How Universities Made Everything about Race, Gender and Identity – and Why This Harms Everybody, Swift Press, London, 2020

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Club Troppo Sunday, April 18, 2021 - 16:50 Source

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Renew Economy Sunday, April 18, 2021 - 13:27 Source

Western Australia's Albany Wind Farm.German utility Uniper drops plans for Gas import terminal in port of Wilhelmshaven, aims to build a green hydrogen hub at the site instead.

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The Australian Independent Media Network Sunday, April 18, 2021 - 09:36 Source

“There’s room at the top they are telling you still But first you must learn how to smile as you kill If you want to be like the folks on the hill A working class hero is something to be A working class hero is something to be” John Lennon Some of you will have…

The post Twerking Class Nero! appeared first on The AIM Network.

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Your Democracy Sunday, April 18, 2021 - 08:36 Source

avrilavril

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Your Democracy Sunday, April 18, 2021 - 07:26 Source

morelleakmorelleak

Thirty years after the Aboriginal Deaths in Custody Royal Commission, is it time we admit that reconciliation is failing?

 

 

By Stan Grant

 

 

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Your Democracy Sunday, April 18, 2021 - 06:34 Source

nukesnukes                 

 

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Renew Economy Saturday, April 17, 2021 - 17:01 Source

Tesla drops price of all variants of Model 3 by up to 6% in Australia.

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THE BLOT REPORT Saturday, April 17, 2021 - 11:17 Source

Some recent bleatings from some of the more ignorant RWNJs have attempted to associate socialism with Nazism1, as have some people who should know better, such as Peter van Onselen. He tweeted some time ago that “Nazism is national socialism which is considered a branch of socialism’.  By whom it is considered so, he does not say, but he did admit that he was “not a scholar of Nazi Germany”2. Peter van Onselen’s profound ignorance has been clearly demonstrated in an essay by Fitzpatrick and Moses, to which I would refer the reader3. 

The most recent is the bizarre Concetta Fierravanti-Wells who has said:

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John Quiggin Saturday, April 17, 2021 - 10:24 Source

I’m trying to get the MS of Economic Consequences of the Pandemic finished by May, while chasing a moving target. Over the fold, I return to a favorite topic of mine, the role of generational change. I’ve spent a lot of time pointing out the silliness of most talk about generations, but in the process I’ve learned quite a bit about the nuggets of insight that can be mined by thinking in these terms.

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Your Democracy Saturday, April 17, 2021 - 07:02 Source

cane toadscane toads

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Former prime minister Malcolm Turnbull says the NSW government has capitulated to a "ferocious campaign" from the media after his appointment to a clean energy board was overturned.

 

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The Australian Independent Media Network Saturday, April 17, 2021 - 01:40 Source

Warning this article contains material which will shock monarchists everywhere, especially citizens of the south Pacific island of Tanna in the Vanuatu archipelago who once worshipped Prince Philip as a spirit or a god and who now must transfer their adulation to Charles, the son of (their) god. Keeping a Morrison government honest is like…

The post Keeping a Morrison government honest? appeared first on The AIM Network.

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MacroBusiness Saturday, April 17, 2021 - 00:05 Source

‘Cumberland Creek, near Apollo Bay’ 1863, Nicholas Chevalier, Art Gallery of South Australia   Macro & Markets The War Against Financial Crimes: a Global System that Needs Restructuring – Guardian Mag Pandemics make us more averse to inequality – VOX Oil hits one-month highs as IEA, OPEC raise forecasts – Reuters The impact of COVID-19

The post Weekend Links: 17-18 April 2021 appeared first on MacroBusiness.

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John Quiggin Friday, April 16, 2021 - 19:50 Source

That’s the title of my latest piece in Independent Australia, an extract from The Economic Consequences of the Pandemic.

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MacroBusiness Friday, April 16, 2021 - 16:36 Source

EUR/USD   AUD/USD    

The post Macro Afternoon: 16 April 2021 appeared first on MacroBusiness.

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Renew Economy Friday, April 16, 2021 - 15:22 Source

santos offshore gas field emissions - optimised

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