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MacroBusiness
Monday, March 18, 2024 - 08:30
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These are the six economists who don’t know who the local economy works: Persistently high inflation, bubbling wage pressures, weak productivity growth and stimulus from income tax cuts mean borrowers may have to wait another year for the Reserve Bank of Australia to cut the cash rate. …“Everyone’s talking about the last mile of inflation The post Meet the six economists that have no idea appeared first on MacroBusiness. |
Your Democracy
Monday, March 18, 2024 - 08:00
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French President Emmanuel Macron has said he will propose a ceasefire between Russia and Ukraine during the Summer Olympic Games, set to take place in Paris between July 26 and August 11. |
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MacroBusiness
Monday, March 18, 2024 - 08:00
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I visited QLD a few years ago for a wedding and was seated next to a local fella who spent much of the afternoon describing his prowess as a cook at home. I thought to myself, “my god, even in QLD the lifestyle twaddle of the bullshit economy has taken over”. But moments later, I The post Thank god for Quexit appeared first on MacroBusiness. |
MacroBusiness
Monday, March 18, 2024 - 07:30
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In the week of his election, I warned Lord Charlton to immediately address the brewing Ukraine War profiteering energy shock. His party did nothing and your utility bills went mad. Shortly afterwards, Lord Charlton tore down Australia’s border with India, opening a flow of cheap foreign labour to crush Aussie wages and blow rents sky The post Lord Charlton declares ‘let them eat Palm Beach’ appeared first on MacroBusiness. |
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Your Democracy
Monday, March 18, 2024 - 07:27
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German Chancellor Olaf Scholz has said that interest accrued from Russian assets frozen in the EU will be used to purchase weapons for Ukraine. |
MacroBusiness
Monday, March 18, 2024 - 07:00
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Chinese property is now the centre of a galactic-scale event. We begin with February New Yuan Loans, which were terrible as TSF stock growth plunged back to 9%: Led lower by, you guessed it, mortgages: It is hardly surprising, then, that property prices continue to tumble. Goldman: After seasonal adjustments, weighted average house prices in The post Chinese property black hole turns super massive appeared first on MacroBusiness. |
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Prosper Australia
Monday, March 18, 2024 - 06:31
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3 million workers could benefit from tax shift Prosper Australia today released new research highlighting the economic benefits of shifting taxes off income and onto land. Report highlights: Low and middle income earners face effective marginal tax rates (EMTRs) on extra income as high as 80%. High EMTRs are a disincentive to work. Reducing high […] |
Your Democracy
Monday, March 18, 2024 - 06:00
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Unpredictability has become a feature of life in Russia. But that does not apply to elections. When Russian state TV flashed initial results showing that Vladimir Putin had won re-election with nearly 88% of the vote, this official landslide came as no surprise. |
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Your Democracy
Monday, March 18, 2024 - 05:32
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James Eastwood and his union colleagues got to their office one Tuesday afternoon to find that someone had broken in. The intruder hadn’t taken personal valuables or expensive equipment: all they had done was pull down the pro-Palestine posters in the window. |
New Politics
Monday, March 18, 2024 - 00:59
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MacroBusiness
Monday, March 18, 2024 - 00:10
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The AFR is about as prescient as the last phone call. Thankfully, Viktor Shvets looks forward: Macquarie’s strategy guru, Viktor Shvets, argues that the higher-cost world that BlackRock sees – rising labour costs as the population ages, rising input costs from reconfigured supply chains, rising energy costs from the low-carbon transition – will be totally The post Australia’s luck has run out appeared first on MacroBusiness. |
MacroBusiness
Monday, March 18, 2024 - 00:05
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On Saturday, I gave an extended live interview with Luke Grant from Sydney Radio 2GB. In the interview, I explained how future Australians are facing lower living standards than the generations that came before them. Below are key highlights. Leith van Onselen: Listeners might recall that we set a all-time high record net overseas migration The post Australian living standards are in terminal decline appeared first on MacroBusiness. |
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Your Democracy
Sunday, March 17, 2024 - 14:24
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The Israel Files is a new MintPress series exploring and highlighting the many revelations about the Israeli occupation of Palestine that WikiLeaks documents disclosed. It hopes to shed light on many of the most important and underreported revelations the publishing group exposed.
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MacroBusiness
Sunday, March 17, 2024 - 13:27
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CoreLogic has released preliminary auction data for the weekend, with the combined capital city preliminary clearance rate rising to 74.0%, up from 72.8% last weekend and 64.2% in the same weekend last year: The bounce in clearances came despite 2,723 capital city homes going under the hammer this weekend, which was the second busiest weekend The post Auction market surges into Autumn driving prices higher appeared first on MacroBusiness. |
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Your Democracy
Sunday, March 17, 2024 - 13:09
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One of the most dangerous things that a government can do is present a glossy picture of the economy at a time when families and small businesses are suffering. Governments are always optimistic, but sending euphoric messages tends to backfire, especially when the situation for the middle class is complicated.
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The Tally Room
Sunday, March 17, 2024 - 13:04
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For this post, I’m not going to dwell too much on individual races and where they are up to, but instead look at broader trends. I’ll do another post today or tomorrow about the close races and what we’re waiting to see. There were quite a few votes that weren’t counted last night. Almost 600,000 votes were counted for the lord mayoral election, but barely 450,000 primary votes were counted for the council election, and only about 60% of those votes had preferences distributed. |
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The Australian Independent Media Network
Sunday, March 17, 2024 - 12:14
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It will come as little surprise that colossal Apple has been favouring its own music streaming service in snuffing and stuffing competitors. The company, it has been alleged, has prevented app developers from informing users of less expensive methods to purchase subscriptions outside the scope of Apple’s own services. Its cosmos was all. Central to… The post Siding with Spotify: The European Commission Fines Apple appeared first on The AIM Network. |
Cheeseburger Gothic
Sunday, March 17, 2024 - 11:23
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I have a rare Tuesday night off from Jujitsu and I have finished watching Masters of the Air. Happy to host Zoom drinks for a chat if enough peeps are interested. |
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Your Democracy
Sunday, March 17, 2024 - 07:40
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MORE TO COME...
FREE JULIAN ASSANGE NOW.... |
MacroBusiness
Sunday, March 17, 2024 - 07:39
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DXY firmed Friday night: AUD fell: With North Asia: Oil popped, gold dropped: Copper is one man base metals band: The miner retest gathers pace: EM puked: But junk was firm: Yields whoa! A stock correction may finally be here: We are experiencing another cyclical pop in inflation that has punctuated disinflationary progress for a The post Australian dollar might reach 30 cents appeared first on MacroBusiness. |
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Your Democracy
Sunday, March 17, 2024 - 07:37
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After escaping an abusive partner more than a decade ago, Adriana Carrington felt life was just getting back on track. She had worked through years of therapy, finally got a mortgage for a new home, and started her own business. |
Your Democracy
Sunday, March 17, 2024 - 06:25
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MacroBusiness
Sunday, March 17, 2024 - 00:05
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Danica De Giorgio of Sky News interviewed me on Friday night about Australia’s rental crisis and why it can only get worse. Below are key highlights. Danica De Giorgio: No one ever voted for a Big Australia. And yet here we are paying the price for it. Australia’s migration intake hit record numbers in January, The post Australia’s rental crisis can only worsen appeared first on MacroBusiness. |
The Tally Room
Saturday, March 16, 2024 - 19:00
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6:18 – There was a big uptick in pre-poll voting yesterday (which is pretty standard). More than 5% of all voters cast their vote on Friday, which means that 25% of all enrolled voters cast a pre-poll vote. Remarkably this means that the total pre-poll share has jumped from 23.7% in 2020. It does look like postal votes has dropped, but we don’t yet have a final figure. The big unknown factor is how many people vote on election day, but there have been reports of long queues. So it’s possible we could be looking at an elevated turnout. |
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Renew Economy
Saturday, March 16, 2024 - 16:41
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Your Democracy
Saturday, March 16, 2024 - 14:51
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The Georgia judge overseeing Donald Trump's trial on charges of trying to overturn his election defeat says lead prosecutor Fani Willis can remain on the case, but a deputy with whom she had a personal relationship stepped down in keeping with the judge's order. |
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Your Democracy
Saturday, March 16, 2024 - 12:32
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Ukraine must regain control over all the territories it once held, including Russia’s Crimean Peninsula, French President Emmanuel Macron has said. Otherwise, no “lasting peace” will be possible, he claimed. |
The Australian Independent Media Network
Saturday, March 16, 2024 - 10:48
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Friends of the Earth Media Release Threat from mercury, lead & radioactive waste pollution A multinational fossil fuel company has applied to the federal government to dump the majority of eight offshore oil platforms into Bass Strait close to the Gippsland coast in Victoria. Esso, which is owned by Woodside and ExxonMobil, wants to remove… The post Plan to dump eight toxic oil platforms off Gippsland appeared first on The AIM Network. |
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Your Democracy
Saturday, March 16, 2024 - 10:40
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QUESTIONING THE TV ACTORS: You know that all the news that’s fit to print is just a cog in the never-ending government-funded propaganda machine. From local news to international commentary the bought and paid for ‘repeaters’ of the world have let down their viewers and readers, time after time. |
Cheeseburger Gothic
Saturday, March 16, 2024 - 09:33
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Every six to eight months I make The Pancake Mistake. I forget that I don’t know how to cook the damn things that I always mess them up. But then I love them so much that I go back and make the mistake again. This week was that week. |
