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Another COVID correction is brewing on risk markets with dead cat bounces on Wall Street falling over due to Fed Chair Powell’s comments on fast tracking the taper despite short term concerns over the Omicron variant. European shares joined in on the selling again, while bond markets jumped around especially on the short end but

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Victoria has recorded another 1179 new COVID cases and six deaths: By comparison, NSW recorded 251 new cases and zero deaths: Daily cases spiked across both jurisdictions – a common occurrence mid-week: Active cases are also rising again in Victoria, but are tracking sideways in NSW: More importantly, hospitalisations have fallen sharply across both states:

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Federal parliamentarians who sexually harass staff could have their salaries withheld and be suspended from Parliament after a landmark report found a third of parliamentary staff surveyed had been victims of harassment.

Quinbrook buys UK based specialist in AI battery trading platforms that help deal with "velocity and complexity" of net zero power

Over the past decade, one theme that has meandered its way through my writing has been how we conduct our politics, and I have sought to identify what makes for a sound representative democracy and what doesn’t. In this post, I repeat some of my concerns. Concerns that have done anything but diminish under the…

The post This do nothing, good for nothing Government is now at its most vulnerable appeared first on The AIM Network.

The Australian Bureau of Statistics (ABS) yesterday released its dwelling approvals data for October, which revealed that apartment approvals have fallen 62% below their November 2017 peak, while detached approvals are falling from their April HomeBuilder record highs: Below are a series of charts that track approvals by housing segment in rolling annual terms nationally

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PARIS — Perhaps France was always going to have a hard time with nonbinary pronouns. Its language is intensely gender-specific and fiercely protected by august authorities. Still, the furor provoked by a prominent dictionary’s inclusion of the pronoun “iel” has been remarkably virulent.

FT has the scoop: The chief executive of Moderna has predicted that existing vaccines will be much less effective at tackling Omicron than earlier strains of Covid-19 and warned it would take months before pharmaceutical companies can manufacture new variant-specific jabs at scale. Stéphane Bancel said the high number of Omicron mutations on the spike

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After a painfully slow start, Australia has become one of the world’s vaccination leaders. Currently, 85.6% of Australia’s population aged 12-plus has received two vaccine doses, with NSW (91.5%) and Victoria (89.9%) leading the way: Victoria is expected to hit 90% vaccination today, with the other jurisdictions expecting to hit that target as follows: QLD

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S&P Global Ratings contends that Victoria will emerge from the pandemic in the weakest financial position of all the states and territories, and will have more than triple the debt it did before the pandemic. S&P tips that the majority of the states and territories will have more than double the debt they did in

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The ABS today released current account data for the September quarter, with Australia’s current account surplus hitting a record high $23.9 billion. The result will contribute 1.0 percentage points to the September quarter GDP, which will be released tomorrow: The current account surplus was driven by a $8.1 billion increase in the balance on goods

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