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Your Democracy
Monday, December 4, 2023 - 12:47
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Renew Economy
Monday, December 4, 2023 - 12:46
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Your Democracy
Monday, December 4, 2023 - 12:41
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Renew Economy
Monday, December 4, 2023 - 12:39
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MacroBusiness
Monday, December 4, 2023 - 12:30
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Australia experienced its largest-ever increase in mortgage refinances over the last three years. In mid 2023, monthly mortgage refinances peaked at $21.5 billion, up from around $10 billion in mid-2020, as reported by the Australian Bureau of Statistics. However, the boom in mortgage refinancing has clearly come to an end, with the total volume of The post Australia’s mortgage refinancing boom ends with a thud appeared first on MacroBusiness. |
Renew Economy
Monday, December 4, 2023 - 12:28
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MacroBusiness
Monday, December 4, 2023 - 12:00
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Australia is experiencing a record influx of international students that is causing immense pressure on Australia’s rental market and infrastructure and is helping to drive inflation higher. The latest temporary visa data from the Department of Home Affairs showed that there were a record 672,800 student visas on issue in October 2023, representing an annual |
The Australian Independent Media Network
Monday, December 4, 2023 - 11:40
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Recently I saw this alert on a film I was about to watch which warned me: STRONG NUDITY And I couldn’t help but wonder if there are films with weak nudity… And if there are, exactly what constitutes weak nudity. Is it people who don’t have abs or pectorals? Or is it nudity where the… The post Warning: STRONG DENIALS AND VEHEMENT NUDITY!! appeared first on The AIM Network. |
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MacroBusiness
Monday, December 4, 2023 - 11:40
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The east coast gas price remains around $8Gj: This has crashed power costs again: Further aided by strong wind: Even sticky power futures have fallen below $85MWh: A break below $85MWh would be significant. The AER considers energy futures in its assessment of default market offers. The next draft assessment will be in March for The post Energy discounts to flow in 2024 appeared first on MacroBusiness. |
MacroBusiness
Monday, December 4, 2023 - 11:20
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BNP isn’t sparing the forex horses. Fed reaction function shifts: Although a number of Fed speakers this week, including Governor Powell today, have tried to walk back dovish rhetoric from Governor Waller, we think the genie is out of the bottle, meaning: 1. the market is and could remain firmly convinced the next move is The post Australian dollar topples king dollar’s crown appeared first on MacroBusiness. |
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MacroBusiness
Monday, December 4, 2023 - 11:00
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Readers will know that MB is pretty disgusted with Australia’s fake Greens, but they do appear to be onto a good thing with their attack on Coles and Woolies: Australia’s big supermarkets will face fresh scrutiny with a Senate inquiry to investigate their market power and pricing decisions, amid concerns they have profiteered during an The post Of course Coles and Woolies are gouging appeared first on MacroBusiness. |
xkcd.com
Monday, December 4, 2023 - 11:00
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MacroBusiness
Monday, December 4, 2023 - 10:40
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Deloitte Access Economics has released its Employment Forecasts for 2024 and 2025, which tips anaemic jobs growth next year alongside a sharp rise in the nation’s unemployment rate. Specifically, Deloitte forecasts “national employment growth of just 0.5% (75,000 workers) in calendar year 2024, before gradually increasing to 1.3% (177,000 workers) in calendar year 2025”. In The post Australian job losses to mount in 2024 appeared first on MacroBusiness. |
MacroBusiness
Monday, December 4, 2023 - 10:20
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So says The Market Ear positioning. This does not look like the top Here are all the latest updated sentiment & positioning indicators. They very clearly do not signal a top. It is rare to see so many of these indicators showing the same thing. The only hope for bears is that this analysis is The post More ‘risk on’ to go appeared first on MacroBusiness. |
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MacroBusiness
Monday, December 4, 2023 - 10:16
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These guys are hopeless. The Small Modular Reactor story has collapsed in the US in the last two weeks. What’s the answer to the end of what was already a fantasy LNP policy? Just drop the “Small and Modular” bit: Nationals MP Barnaby Joyce says there’s “mounting pressure” on the Albanese government to scrap its The post LNP jokers hide collapse of nuclear policy appeared first on MacroBusiness. |
Cheeseburger Gothic
Monday, December 4, 2023 - 10:13
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Just inject them directly into my eyeballs. Once upon a time, a video game adaptation, and the umpteenth sequel in a long-running movie series, would've been a guarantee of quality spelled with a K. But both of these projects look pretty cool to me. Interesting that they seem to have settled on female protagonists for both. Obvious why with Furiosa. But a bold decision with Fallout, I'd wager, given the usual culture war freak out over female leads in these types of movies. |
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Cheeseburger Gothic
Monday, December 4, 2023 - 10:07
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The ZDC trilogy giveaway crushed it over the weekend. In the weird way of online economics, this free shit does pay off down the road. Specifically, in about 60 days, there’ll be a big jump in royalties from Kindle Unlimited read throughs. |
MacroBusiness
Monday, December 4, 2023 - 10:00
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Last week, immigration influencers like Abul Rizvi were claiming that Australia has reached ‘peak migration’: However, late last week the Department of Home Affairs released temporary visa data for October, which suggested that Australia’s net overseas migration (NOM) has continued to rise. The below chart from Justin Fabo at Macquarie Group summarises the situation: As |
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THE BLOT REPORT
Monday, December 4, 2023 - 09:50
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The Epstein-Barr virus (EBV), also known as human herpesvirus 4, is the primary cause of the infectious mononucleosis, which is also known as glandular fever. Back when I was a kid, it was commonly known as the kissing disease, because it is transmitted through saliva. It is most common among high school and university aged students, but young children can also become infected by saliva on toys, shared cups or the hands of carers. Typical symptoms are fatigue, fever, sore throat with deposits of fluid around the tonsils and pharynx, enlarged lymph nodes and less commonly, enlargement of the spleen and rarely, jaundice. |
MacroBusiness
Monday, December 4, 2023 - 09:40
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There is zero indication of a turn in Chiense property: Zero prospect of funding for developers: Evergrande is still paving the road to hell: Two years after its default marked a key moment in China’s property crisis, the world’s most indebted developer may be heading for another bleak milestone: liquidation. China Evergrande Group faces a The post Evergrande obliteration immiment appeared first on MacroBusiness. |
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Renew Economy
Monday, December 4, 2023 - 09:36
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MacroBusiness
Monday, December 4, 2023 - 09:20
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It may just be that the moment of the election campaign that mattered most was also the same moment that was most roundly condemned as “gotcha” journalism: Labor leader Anthony Albanese was asked straight up: What’s the unemployment rate and what’s the “RBA rate”. He didn’t answer the second question at all and fumbled on the The post Albo “proud” of Labor’s household devastation appeared first on MacroBusiness. |
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The Australian Independent Media Network
Monday, December 4, 2023 - 09:07
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By James Moore The long life of Henry Kissinger prompted me to think of the short life of a boyhood friend. In the summer of 1968, Kissinger was serving as an unofficial consultant for the United States at the Paris Peace Talks to end the War in Vietnam. Almost wantonly ambitious, the future Secretary of… The post Kissinger’s Greatest Crime appeared first on The AIM Network. |
MacroBusiness
Monday, December 4, 2023 - 09:00
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Friday night saw some soft-ish comments from Fed Chair Powell force bond yields and the USD lower, giving Wall Street a bump up higher instead. The latest ISM manufacturing survey was also softer than expected and remains in contraction mode. The Australian dollar burst out to a new five month high, pushing well above the The post Macro Morning appeared first on MacroBusiness. |
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New Politics
Monday, December 4, 2023 - 07:57
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John Quiggin
Monday, December 4, 2023 - 06:02
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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. |
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MacroBusiness
Monday, December 4, 2023 - 00:05
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CoreLogic’s daily dwelling values index shows that house price momentum across Sydney and Melbourne has slowed materially since the RBA’s Melbourne Cup Day rate hike, which has also pulled down value growth at the 5-city aggregate level: This downturn has been matched by the auction market, with November seeing final clearance rates fall sharply across The post Aussie housing bulls turn bears appeared first on MacroBusiness. |
MacroBusiness
Monday, December 4, 2023 - 00:01
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International Reads: The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says – Yahoo Mexico’s minimum wage will rise by 20% next year, to about $14.25 per day – AP News Gas prices drop more than 60 days in a row. The median The post Watercooler reads and videos appeared first on MacroBusiness. |
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The Australian Independent Media Network
Sunday, December 3, 2023 - 13:42
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Across the globe, refugees, always treated as the pox of public policy, continue to feature in news reports describing anguish, despair and persistent persecution. If they are not facing barbed wire barriers in Europe, they are being conveyed, where possible, to third countries to be processed in lengthy fashion. Policy makers fiddle and cook the… The post Banished from Pakistan: Islamabad Moves on Afghan Refugees appeared first on The AIM Network. |
The Tally Room
Sunday, December 3, 2023 - 13:00
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The final electoral boundaries for the next Western Australian state election were released on Friday morning. The changes mostly replicated the draft boundaries released in July, although there were a few small changes, and some dramatic changes to two seats were mostly reversed. In this post I’ll run through the major changes, what has changed since the draft map, and I’ve also included a map of the boundaries and tables of the result estimates (both primary votes and 2CP). |
![And over heeee[...]eeeere (i)s Saturn.](https://imgs.xkcd.com/comics/space_typography.png "And over heeee[...]eeeere (i)s Saturn.")
