Blogotariat

Media Freakout About GOP Hating America and Whether This is the "Last Election," w/ Vivek Ramaswamy

https://www.youtube.com/watch?v=tlKnZ5q4siM

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New analysis shows 10 EU countries representing more than 60% of the bloc’s electricity generation capacity have committed to exit fossil fuel generation by 2035 or sooner.

I am a gold trader from way back. It is the macro metal, so I always found it relatively easy to time the market, but I no longer trust it. The reason is BTC. Since there is now an ersatz, digital gold, the real thing is exposed to different money flows. There is a loose

The post Goodbye gold appeared first on MacroBusiness.

The New Daily reports that the Coalition may relaunch its policy of allowing Aussies raid their superannuation nest eggs to purchase a home if elected. This comes after the policy’s biggest advocate, Andrew Bragg, was promoted to shadow assistant minister for housing on Tuesday. Bragg has repeatedly called for Aussies to be allowed to access

The post Coalition pours superannuation fuel on housing bonfire appeared first on MacroBusiness.

2023 was the year of the big battery in the NEM. Here's what the latest market data reveals about Australia's battery storage boom.

Over the last three years, Australia has experienced the biggest boom in mortgage refinances in its history. Monthly mortgage refinances peaked in mid-2023 at $21.5 billion, up from roughly $10 billion in mid-2020, according to the Australian Bureau of Statistics. However, the mortgage refinancing boom has well and truly ended, with total refinance activity declining

The post Mortgage refinancing boom turns bust appeared first on MacroBusiness.

Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen welcomes economist Leith Van Onselen, for a detailed dig into Australian GDP, what it is saying about economic conditions and what to expect for 2024. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen

So says Goldman. Unresolved gluts. Despite the significant downside in battery metals prices, with nickel, lithium and cobalt prices down 60%, 80% and 65% from cycle peak, respectively, we believe it is too early to call a decisive end to these respective bear markets. Margin pressures have generated a meaningful degree of supply rationing effects

The post Green metals bust to deepen appeared first on MacroBusiness.

CBA economists Stephen Wu and Harry Ottley published a terrific chart pack on Wednesday’s Q4 national accounts, which showed that the household sector remains under pressure. First, the overall view shows that the economy is experiencing a per capita recession, with GDP growth falling when adjusted for Australia’s strong (2.6%) population growth: The overall economy

The post Aussies cut back hard on spending appeared first on MacroBusiness.

The Albanese government is likely to expand the nation’s anti-money laundering and counter-terrorism financing regime to require real estate agents, accountants and lawyers to report suspicious cash transactions. The AFR reports that Attorney-General Mark Dreyfus is consulting on changes that will finally bring real estate gatekeepers into the anti-money laundering (AML) regulatory net. “As the

Westpac’s Home Ownership Report shows an increase in the share of Australians aspiring to own a home. The survey found 44% of Australians plan to buy a new home in the next five years, up 9 percentage points since July 2023. Damien MacRae, Westpac’s managing director of mortgages, said that while some purchasers have paused

The post The Australian Dream crashes into affordability brick wall appeared first on MacroBusiness.

By Bert Hetebry Cultures evolve, the lives we live today are different than the lives we used to live, very little remains of what used to be, but some people wish for the good old days, when we knew what was what… except of course that is illusionary. So what is culture? A quick Google search…

The post Cultural evolution appeared first on The AIM Network.

Tasmanian state elections often play out across a north-south divide, with the two southern electorates playing out differently than the northern remainder of the state.

In this post I thought I would try and map out some of these dynamics over the last 35 years and understand how they might impact on this upcoming election.

This blog post is borrowing a bit from a post I did after the 2021 election, which you can read here.