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By Frances Goold Louise Bourgeois: Has the Day Invaded the Night or Has the Night Invaded the Day? 25 November 2023 – 28 April 2024* Art Gallery of New South Wales North Building Lower level 2 Lower level 4, The Tank Hovering resplendent over the forecourt of the old sandstone building (now the South Building)…

The post Spiderwoman finally leaving town appeared first on The AIM Network.

Renewable critics declare that the "worst ever" week for wind output over the past seven days is proof that renewables won't work. But modelling shows that is not true.

Richard Marles, the Defence Minister, has launched a new National Defence Strategy and Integrated Investment Program. Marles spoke today at the National Press Club. A full transcript of his speech appears below. Listen to Marles’ speech and questions (72m):

Australia can achieve close to 100% renewables with the technologies of today. The challenge is how to fill the gap.

Good on the Greens for trying but this argument is weak: Outgoing Woolworths boss Brad Banducci was threatened with six months in jail for contempt of the Senate after he refused to directly answer questions about a profit metric, in a fiery Senate hearing that went off the rails on Tuesday. Mr Banducci declined to

The post Supermarkets 1 versus Greens 0 appeared first on MacroBusiness.

The December Mid-Year Fiscal and Economic Outlook (MYEFO) projected that Australia’s net overseas migration would fall to 375,000 this financial year. Labor’s projection was categorically blown out of the water by Tuesday’s net permanent and long-term arrivals figures from the Australian Bureau of Statistics (ABS), which recorded the strongest monthly (105,500), quarterly (172,400),  and annual

The December quarter national accounts from the Australian Bureau of Statistics (ABS) recorded that GDP per capita fell by 1.0% in 2023: Real per capita household final consumption also fell by 2.5% in 2023, which drove the 0.3% annual decline in per capita final demand: Meanwhile, real per capita household disposable income in Australia plummeted

The post IMF forecasts grinding recession for Australia appeared first on MacroBusiness.

Wind farm receives what is hoped to be the final approval before kicking off construction in the third quarter on 2024.

According to the most recent set of CoreLogic and PropTrack home value statistics, Perth is at the forefront of the nation’s price boom, with a spectacular rise in home values in the year to March. CoreLogic’s daily housing values index reported that Perth dwelling values increased by 19.8% in the year to March, considerably above

The post Perth house prices to boom then bust appeared first on MacroBusiness.

DXY is approaching resistance. If we get through, it will go nuts: AUD is pushing towards critical support: North Asia is a pair of concrete boots: Oil is consolidating while we await Netanyahu’s next act. Gold held: Miners still need the big retest: EM puke: Junk puke: Yields up: Stocks hanging on for grim death:

The post Australian dollar crushed by Fed appeared first on MacroBusiness.

Young Canadians squeezed by housing are turning away from Justin Trudeau’s left-leaning Liberal Party: Prime Minister Justin Trudeau was elected in 2015 with the support of younger Canadians drawn to his optimistic messaging and socially progressive values. Trudeau’s primary adversary, Conservative Leader Pierre Poilievre, has made significant gains among younger voters since he aggressively criticised

Westpac predicts that New Zealand CPI inflation will rise by 0.8% in the March quarter. That would see the annual inflation rate drop to 4.2%, down from 4.7% at the end of 2023. However, CPI inflation would still be stronger than the Reserve Bank assumed in its February Monetary Policy Statement. Westpac notes that while

The post Reserve Bank grapples with deepening recession appeared first on MacroBusiness.

Australia’s population increased by a record 660,000 people in the year to September, which is roughly 1.5 times the size of Canberra. On Tuesday, the Australian Bureau of Statistics (ABS) released net permanent and long-term arrivals figures for February, revealing record arrivals on a monthly, quarterly, and annual basis. An unprecedented 105,460 net permanent and