Blogotariat

Oz Blog News Commentary
Your Democracy Saturday, February 17, 2024 - 17:03 Source

People in the West are Gaza-war weary. You see it in fewer reports, articles and commentary. It is an understandable by-product of the complicity-cum-impotence of Western civilisation in the face of Israeli barbarism.

 

The moral world falls at the end game in Rafah    By Peter O’Keeffe

 

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Your Democracy Saturday, February 17, 2024 - 16:27 Source

https://www.youtube.com/watch?v=0fkS4k8bKe4

16 Feb: Ukrainian Forces BREAK THROUGH THE ENCIRCLEMENT. | War in Ukraine Explained

 

The Ukrainian government desperately needs billions more in aid from the US, a senior Pentagon official has admitted, citing the critical situation in Avdeevka, a frontline town in Donbass.

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Your Democracy Saturday, February 17, 2024 - 11:46 Source

Biden aide responds to Putin endorsement

White House representative John Kirby did not appreciate the Russian president’s preference for the incumbent in the forthcoming US elections. 

 

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The Australian Independent Media Network Saturday, February 17, 2024 - 11:27 Source

To attribute weighty moral codes to athletes has always been a silly pastime of the judging classes and flesh admiring voyeurs. But sporting bodies, in a manner similar to the clergy, demand something called the level playing field. Fairness and fair play imply that sports people will follow various principles and rules in competition. They…

The post Here Come the Steroid Games appeared first on The AIM Network.

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THE BLOT REPORT Saturday, February 17, 2024 - 11:21 Source

In the online magazine ‘Pacific Longboarder’ there is a photograph of the Gold Coast  businessman who complained about the wearing of g-string bikinis away from the beach. Under the photograph was the headline “Ian Grace says thong bikinis make him feel uncomfortable’1. I laughed out loud when I saw that, as the unwritten reply “well, he shouldn’t wear them” flashed across my ageing brain.

Ian Grace wrote a letter to the Gold Coast mayor requesting the ban. His request has received support from religious nutters in the Family First Party. Their supporting post was, in part, as follows:

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MacroBusiness Saturday, February 17, 2024 - 10:30 Source

Oddly, DXY fell after a red hot PPI: The entire market pivoted back to value over growth. AUD pumped: North Asia sleepy: AUD bears have surged on CFTC. Hard for the currency to fall much now: Oil is trending higher. Big trouble here if it rolls on: Dirt popped: Miners too: EM up: EM junk

The post Australian dollar jumps stampeding bears appeared first on MacroBusiness.

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Your Democracy Saturday, February 17, 2024 - 09:57 Source

Comedian Melanie Bracewell has poked fun at Barnaby Joyce after video footage emerged showing the politician lying on his back on a public footpath after a late night out in Canberra. 

The Cheap Seats host posted a witty side-by-side off her draped across the red carpet in a floor length gown after the Australian Academy of Cinema and Television Arts Awards on Thursday night. 

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Your Democracy Saturday, February 17, 2024 - 08:34 Source

As a “Useful Putin Idiot” (UPI), Mr Gus Leonisky will explain a few things….

First, it is unfortunate that Navalny died… RIP.

Second, it was not in Putin’s interest to “have him killed”...

Third, the whole Western World is up in arms about Navalny’s “murder” without any proofs…

Fouth, Navalny was no hero (except to the Western political loonies and their sycophantic media). 

Five, MORE TO COME…..

 

FREE JULIAN ASSANGE NOW...............

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MacroBusiness Saturday, February 17, 2024 - 08:15 Source

Sydney’s median house price hit an all-time high of nearly $1.6 million at the end of 2023, according to Domain: At the same time, Sydney’s rents are by far the highest in the nation after experiencing explosive growth since the start of the pandemic: The above represents a ghastly equation for aspiring first home buyers

The post Property investors rush Sydney appeared first on MacroBusiness.

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The Australian Independent Media Network Saturday, February 17, 2024 - 06:00 Source

At the risk of arousing my natural bias toward the truth, I have of late taken to reading Sky News. I have done so during the events surrounding Labor’s decision to change the settings for the stage three tax changes. In doing so, I found a collection of half-truths, lies by omission and misrepresentation. I…

The post Sky News; where facts don’t seem to matter appeared first on The AIM Network.

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MacroBusiness Saturday, February 17, 2024 - 00:10 Source

It is not me saying this. It is Westpac’s Luci Ellis, former Head of Financial Stability and Assistant Governor of Economics at the RBA. First, core inflation measures have not fallen anywhere near as much as headline measures in most countries. Headline series are being flattered by the unwind of the previous surges in food

The post Former RBA head: Albo’s blundering wrecked the economy appeared first on MacroBusiness.

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MacroBusiness Saturday, February 17, 2024 - 00:05 Source

International Reads: New poll shows it’s the greedflation, stupid. 85 percent blame ‘corporate greed’ as a cause for inflation – Daily Kos Japan unexpectedly slips into recession, Germany now world’s third-biggest economy – Reuters Students lose out as cities and states give billions in property tax breaks to businesses – The Conversation Americans Blame Corporate

The post Weekend reading and media appearances appeared first on MacroBusiness.

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MacroBusiness Friday, February 16, 2024 - 16:00 Source

Asian share markets are seeing a solid finish to the trading week as overnight risk sentiment continued its positive trajectory despite disappointing macro news on both sides of the Atlantic. The USD is slightly higher after being down against everything overnight while the Australian dollar still can’t make much headway as it climbs slightly above

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Friday, February 16, 2024 - 15:40 Source

Former United Nations weapon inspector Scott Ritter says the timing of congressman Mike Turner’s headline-grabbing announcement is not a coincidence.

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Renew Economy Friday, February 16, 2024 - 15:08 Source
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Renew Economy Friday, February 16, 2024 - 14:46 Source

Australian Prime Minister Anthony Albanese speaks to the media during a press conference ahead of the NATO Leaders’ Summit in Madrid.</body></html>

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Renew Economy Friday, February 16, 2024 - 14:24 Source
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Renew Economy Friday, February 16, 2024 - 14:09 Source
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MacroBusiness Friday, February 16, 2024 - 14:00 Source

The past few weeks has seen New Zealand’s interest rate watchers and financial markets swing wildly on interest rates. Last month, when New Zealand’s Q4 CPI inflation came in lower than Reserve Bank projections, economists and markets tipped that the next move in the official cash rate (OCR) would be down. Then New Zealand’s Q4

The post Reserve Bank pundits wrong on interest rates appeared first on MacroBusiness.

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MacroBusiness Friday, February 16, 2024 - 13:30 Source

Below is a detailed interview on The Treasury of Common Sense with Radio 2GB’s Mike Jeffreys. In this episode, we go into great detail about the latest report from the NSW Productivity Commission, which asserts that high housing costs are driving young families out of Sydney and that the solution is to “upzone” the city

The post Australians gaslighted on immigration amid unemployment shocker appeared first on MacroBusiness.

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Renew Economy Friday, February 16, 2024 - 13:21 Source
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MacroBusiness Friday, February 16, 2024 - 13:00 Source

Former Treasury Secretary Dr Ken Henry, who published a 1,000-page review of Australia’s tax system in 2010, has urged fundamental tax reform, arguing the current system is an “intergenerational tragedy”. Henry says Australia’s tax system is worse than it was 15 years ago, and young people are paying the price via higher tax burdens (lower

The post Australia’s tax system an “intergenerational tragedy” appeared first on MacroBusiness.

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MacroBusiness Friday, February 16, 2024 - 12:30 Source

Indian students are one of the primary drivers behind Australia’s record surge in net overseas migration. After the former Coalition Government lifted the cap on international student work hours and extended the length of time VET graduates could stay in Australia after finishing their courses, the number of Indian students arriving for work and residency

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MacroBusiness Friday, February 16, 2024 - 12:00 Source

Ah yes, the fake Greens, supported by Lenore’s Taylor’s fake newspaper, delivering an avalanche of fake news: The Greens plan to reduce house prices through their demands to axe tax concessions for investors to make buying more affordable for renters, the party’s housing spokesperson, Max Chandler-Mather, has said. In an episode of the Guardian’s Australian

The post Fake Greens admit they have no answers for housing appeared first on MacroBusiness.

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MacroBusiness Friday, February 16, 2024 - 11:30 Source

After recording the highest net overseas migration (NOM) in Australia’s history in the 2022-23 financial year, the Australian Bureau of Statistics (ABS) released net permanent and long-term arrivals data for December, which suggests NOM hit new highs in Q4. 57,210 net long-term arrivals landed in Australia in Q4 2023, up from 39,000 in Q4 2022:

The post Australian immigration ripped higher in Q4 appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, February 16, 2024 - 11:19 Source

There are few surprises regarding the final episode of Nemesis, the three-part account on how the Australian Liberal Party, in partnership with the dozy Nationals, psychotically and convulsively disembowelled themselves from the time Tony Abbott won office in 2013. Over the muddy gore and violence concluding the tenures of Abbott and Malcolm Turnbull, one plotter…

The post When Scott Morrison met Nemesis appeared first on The AIM Network.

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MacroBusiness Friday, February 16, 2024 - 11:00 Source

In the wake of the NSW Productivity Commission’s report warning that young productive families are being driven out of Sydney by high housing costs, Premier Chris Minns has called for a post-war home building boom to alleviate Sydney’s housing crisis: Planning Minister Paul Scully told a conference of property industry leaders that the state had

The post NSW Planning Minister spins web of housing lies appeared first on MacroBusiness.

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xkcd.com Friday, February 16, 2024 - 11:00 Source

[earlier] "Your vintage-style handmade chest business is struggling. But I have a plan."

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MacroBusiness Friday, February 16, 2024 - 10:30 Source

Australia’s YIMBY movement argues that if policymakers simply upzoned suburbs, thereby permitting high-density apartment developments everywhere, then the nation’s housing affordability crisis would magically resolve. Yet a study of the actual evidence shows that Australia has had one of the highest rates of housing construction in the developed world: Australia also has one of the

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MacroBusiness Friday, February 16, 2024 - 10:10 Source

I’m not sure what is wrong with local economists, but the consensus notion that the RBA will cut the cash rate later and more slowly than the US Fed is laughably wrong. Rather than blather about it again, here are some charts from Gareth Aird’s excellent team at CBA (now the pre-eminent economic forecasting shop

The post RBA to slash interest rates faster and harder than Fed appeared first on MacroBusiness.

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