MacroBusiness
Monday, March 25, 2024 - 11:30
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In this month’s speech to the National Press Club, Yanis Varoufakis suggested that the Australian property market is a Ponzi scheme. AMP’s deputy chief economist, Diana Mousina, refuted the claim that Australian property was a Ponzi scheme, noting that high immigration and tax incentives justify housing prices. “Really, it’s Sydney, Melbourne, Brisbane where the price The post Is Australian property a Ponzi scheme? appeared first on MacroBusiness. |
Renew Economy
Monday, March 25, 2024 - 11:16
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MacroBusiness
Monday, March 25, 2024 - 11:00
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The Weekend Australian reported that Treasurer Jim Chalmers told the nation’s corporate leaders that Australia’s economy is “not productive enough, not competitive and not dynamic enough” and that this situation is “not acceptable to me or to the government that Anthony Albanese leads”. “That’s why we are putting in place new foundations for growth”, Chalmers said. |
xkcd.com
Monday, March 25, 2024 - 11:00
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MacroBusiness
Monday, March 25, 2024 - 10:30
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The reporting on this story is so bad that the journalists should be fired. Only stakeholders were interviewed, no independent experts commented, and zero research was conducted. Are Nick Toscano and Mike Foley the nom de plumes of a new hallucinating Nine AI? Australia’s biggest east-coast gas exporters are edging closer to striking a new The post Mad King readies new energy reaming appeared first on MacroBusiness. |
Your Democracy
Monday, March 25, 2024 - 10:12
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MacroBusiness
Monday, March 25, 2024 - 10:00
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The Market Ear on retreating sentiment. There is almost always another buyer The greatest trick the seductive and mischievous Miss Market ever played was to fool us into believing that sentiment & positioning were max stretched. Tracking and trading these indicators have been a proper widow-maker in the last few weeks. And just to complicate The post Equity sentiment retreats appeared first on MacroBusiness. |
The Australian Independent Media Network
Monday, March 25, 2024 - 09:36
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By Jane Salmon Palm Sunday rallies bring together Jew and Moslem, Hindu, Buddhist, many varieties of Christian, humanists and atheists to share a vision of ecumenical cooperation and tolerance. The rallies traditionally promote human rights and equity while also condemning war. Sydney’s rally today was no exception. Josephite Sister Susan Connelly had plenty to say… The post Palm Sunday wrap appeared first on The AIM Network. |
MacroBusiness
Monday, March 25, 2024 - 09:30
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There is no bottom for the world’s largest asset class. It can’t fall any faster than this: I keep having to extend the bottom of my chart for the outlook of floor area starts: And the downside for construction volumes remains preposterous: There’s no money for developers: Or LGFV infrastructure: Nobody is breaking ground on The post Chinese property crash reaches terminal velocity appeared first on MacroBusiness. |
Cheeseburger Gothic
Monday, March 25, 2024 - 09:21
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I turn, gulp, 60 this year, so this bit in The Times (UK, not US) really hit all my pain points when I was lying in bed, sipping my morning tea, reading it yesterday. It’s paywalled and impervious to assaults by the 12 Foot Ladder, but I can summarise it for you. |
The Australian Independent Media Network
Monday, March 25, 2024 - 09:13
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By James Moore There are only 1500 people living in Brooklyn, Iowa, situated along the old transcontinental route of U.S. Highway 6 and north of Interstate 80, east of Des Moines. Calling itself a “community of flags,” Brooklyn does not have a profile that might suggest violent crime. Mollie Tibbetts certainly would have had no… The post The Art of Hypocrisy appeared first on The AIM Network. |
MacroBusiness
Monday, March 25, 2024 - 09:00
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Friday night was a consolidation session for risk markets as they digested all the interest rate meetings of the week, with US bond yields falling slightly while the USD held sway over the currency majors. Wall Street stumbled a little bit but held on to their gains while European stocks were all over the place The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Monday, March 25, 2024 - 09:00
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A cabal of neo-conservative, anti-China politicians who call themselves the Wolverines, a nod to the 1980s Patrick Swayze movie Red Dawn, have just spread their network to Tasmania, thanks to last night’s election of Eric Abetz, and are ramping up their presence in WA. Robert Barwick reports. |
MacroBusiness
Monday, March 25, 2024 - 08:30
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The Senate’s inquiry into the retirement system has been extended for 12 months and will now run until June 2025. The inquiry’s terms of reference have also been expanded, and it will consider how superannuation can be used to increase home ownership. The inquiry is chaired by Liberal Senator Andrew Bragg, who contends that Australians The post Coalition sacrifices superannuation for house prices appeared first on MacroBusiness. |
Your Democracy
Monday, March 25, 2024 - 08:22
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PEN America, once an important defender of rights for writers, editors and artists, has, under the direction of former State Department official Suzanne Nossel, abandoned its mission, destroyed its credibility and provoked a revolt among its members.
By Chris Hedges / Original to ScheerPost
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Renew Economy
Monday, March 25, 2024 - 07:09
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Your Democracy
Monday, March 25, 2024 - 06:54
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Now is the time for talks that will bring us closer to peace and away from a deadly and destructive war with no end in sight. |
MacroBusiness
Monday, March 25, 2024 - 06:31
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Labor is well on its way to becoming a minor party: But head-to-head it’s still OK: Everybody hates Albo and The Bollard: It’s worst versus worsterer. The post Labor sinks in Newspoll appeared first on MacroBusiness. |
John Quiggin
Monday, March 25, 2024 - 06:29
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John Quiggin
Monday, March 25, 2024 - 06:28
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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. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. |
MacroBusiness
Monday, March 25, 2024 - 00:21
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This is a pretty cowardly effort by Peter Hartcher: On the day this week that we learnt Australia’s population had grown faster than at any time since 1952, when Bob Menzies was prime minister and the British were setting off their first nuclear test in Australian territory, Pauline Hanson stood up in the Senate to The post Time to burst the Pauline Hanson bubble appeared first on MacroBusiness. |
MacroBusiness
Monday, March 25, 2024 - 00:05
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Domain claims that dramatically shrinking the lot sizes of Australian homes would improve affordability. “Housing will become more accessible to more people as they can buy a smaller block but for a lower overall price”, said Nicola Powell, Domain’s chief of research and economics. “The cost of land is the major component in a house The post Shrinking block sizes won’t ease housing affordability appeared first on MacroBusiness. |
Renew Economy
Sunday, March 24, 2024 - 13:59
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The Tally Room
Sunday, March 24, 2024 - 11:57
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In this post I’m going to run through each seat in depth, explaining who I think has won and which seats are in play. To summarise, at the moment I have 15 Liberals, 10 Labor, 5 Greens, 3 JLN and two independents in the lead. |
Cheeseburger Gothic
Sunday, March 24, 2024 - 11:02
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The Tally Room
Sunday, March 24, 2024 - 10:03
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There’s still a bunch of votes to count, and preferences will need to be distributed before some seats are decided, but there’s still a lot to say. There was a very clear shift away from Jeremy Rockliff’s Liberal Party, who have suffered a swing of 11.9%, but little of that went to Labor, who have only gained a swing of 1%. The Greens also experienced a small gain, and this slightly increased vote combined with a lower quota puts the Greens in a position to win a bunch of extra seats. A majority of the swing went to the Jacqui Lambie Network, who look set to win a number of seats. |
Your Democracy
Sunday, March 24, 2024 - 09:14
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https://www.youtube.com/watch?v=5a_0nbm7Erc French Army Going to Ukraine Will Be a DISASTER
MAKE A DEAL PRONTO BEFORE THE SHIT HITS THE FAN:
NO NATO IN "UKRAINE" (WHAT'S LEFT OF IT) |
Your Democracy
Sunday, March 24, 2024 - 06:58
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The truth about LNG https://www.youtube.com/watch?v=9KAUYI_eX24
More and more gigantic tankers carrying LNG, liquefied natural gas, are crisscrossing the oceans – and we're building infrastructure to trade ever larger amounts. But shouldn't we be moving AWAY from fossil fuels? |
Your Democracy
Sunday, March 24, 2024 - 06:40
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The US empire SABOTAGES entire nations for the same reason it sabotages domestic infrastructure... to KEEP US DOWN! https://www.brighteon.com/a1ee8938-260b-4755-affb-5b68e2fea5c2
THIS IS CONSPIRACY THEORY.... AND THE CONSPIRACY COULD BE TRUE!.... GUS LEONISKY, POLITICAL CARTOONIST SINCE 1951, HAS NO WAY TO VERIFY THE TRUTH...
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Your Democracy
Sunday, March 24, 2024 - 06:31
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The Grayzone’s Max Blumenthal interviews Swedish engineer Erik Andersson, who led the first independent investigation to the site of the Nordstream pipelines blast sites, on the Swedish government’s sudden closing of the investigation into the terror attack on the eve of joining NATO. |