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MacroBusiness
Wednesday, February 14, 2024 - 07:57
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The Market Ear on the breaking bubble. SPX – trying the steep line SPX is hitting the steep trend line that has been in place since October lows. 4960 is the short term make or break level. Next stop below that is the 21 day moving average at 4925 ish. Refinitiv Falling out? NASDAQ is The post And the bubble goes “pop” appeared first on MacroBusiness. |
Renew Economy
Wednesday, February 14, 2024 - 07:30
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MacroBusiness
Wednesday, February 14, 2024 - 07:00
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I have had with this. We have major newspapers in Australia that will no longer mention the word immigration. If a potential expert for an interview is prepared to use the word, they are also cancelled. The mere use of the word “immigration” is now a thought crime. No slant, bias, opinion or reference is The post Shut up and cut immigration! appeared first on MacroBusiness. |
MacroBusiness
Wednesday, February 14, 2024 - 07:00
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DXY launched last night: AUD copped the blast: North Asia too: Oil held on, gold gave way: Dirt is in free fall: Miners were whacked: EM too: Treasuries were flogged: And stocks thumped: Goldman with the culprit: January core CPI rose 0.39%, 9bp above consensus expectations and compared to +0.28% in December. The year-on-year rate The post Australian dollar scorched by hot US inflation appeared first on MacroBusiness. |
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Your Democracy
Wednesday, February 14, 2024 - 05:35
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https://www.youtube.com/watch?v=P0_0SOEVqjA TᕼE ᖴᗩᑌᒪKᑎEᖇ ᖴOᑕᑌS 2/13/24 ᖴO᙭ ᗷᖇEᗩKIᑎG ᑎEᗯᔕ Tᖇᑌᗰᑭ February 13, 2024
MAKE A DEAL PRONTO BEFORE THE SHIT HITS THE FAN:
NO NATO IN "UKRAINE" (WHAT'S LEFT OF IT) |
Your Democracy
Wednesday, February 14, 2024 - 04:22
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There is “no way in hell” that Russia will suffer defeat in its conflict with Ukraine, Tesla and SpaceX CEO Elon Musk has said. Musk, one of the world’s richest men, made the comment on Monday during a discussion about a Senate bill aimed at providing additional US aid to Kiev on X Spaces – part of his social media platform, X (formerly Twitter). |
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MacroBusiness
Wednesday, February 14, 2024 - 00:05
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The latest Statement of Monetary Policy (SoMP) from the Reserve Bank of Australia (RBA) explicitly noted that Australia’s record immigration-fueled population growth is driving home prices and rents higher. The RBA also warned that the situation will continue as demand via population growth continues to outrun new housing supply. Below are key extracts from the |
AustralianPolitics.com
Tuesday, February 13, 2024 - 19:37
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Jeremy Rockliff, the Liberal Premier of Tasmania, has announced that negotiations with two former Liberal MPs have broken down and he will call an early election tomorrow. Rockliff said John Tucker and Lara Alexander had “failed to commit to a new, enduring agreement”, following their resignations from the Liberal Party in May, 2023. The former Liberals had concerns relating to the proposed Macquarie Point Stadium project. Their resignations sent the government into minority status in the House of Assembly. |
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The Tally Room
Tuesday, February 13, 2024 - 18:43
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It has been looking more and more likely that Tasmania would be going to an election in recent weeks, with the premier, Jeremy Rockliff, demanding new assurances from two ex-Liberal independents and threatening to go to an election if those demands weren’t met. Those two independents didn’t show much interest in agreeing with the premier’s demands, and today this has led to the premier calling an election. It appears likely that the election will be held on the 23rd of March, but that hasn’t been confirmed. |
Your Democracy
Tuesday, February 13, 2024 - 18:37
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Useful idiot for the ABC (Australian Broadcasting Corporation) Paul Barry let it rip on his show Media Watch… |
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MacroBusiness
Tuesday, February 13, 2024 - 17:00
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Asian share markets are seeing a big surge in Japan as the vacuum of closed Chinese markets for the Chinese New Year break and a much lower Yen is helping lift spirits alongside a continued strong lead from Wall Street. The USD is firming again across the board with the Australian dollar still looking very The post Macro Afternoon appeared first on MacroBusiness. |
Cheeseburger Gothic
Tuesday, February 13, 2024 - 16:34
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I’ll host on Zoom. I let my paid account go after Covid, but I think I get 45 minutes free anyway. I’ll post the login details here at 6 pm (Brisbane time) for a 6.30 start. BYO cocktail. |
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Club Troppo
Tuesday, February 13, 2024 - 15:48
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Renew Economy
Tuesday, February 13, 2024 - 15:25
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Renew Economy
Tuesday, February 13, 2024 - 14:23
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Renew Economy
Tuesday, February 13, 2024 - 14:03
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MacroBusiness
Tuesday, February 13, 2024 - 14:00
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Ah, the fake left Guardian and its stupid, lagging and hypocritical ideas: These are the findings of the latest Guardian Essential poll of 1,148 voters, which found 56% support for providing more benefit to low- and middle-income earners by trimming tax cuts for high-income earners but less than majority support for other measures reducing tax The post Sack Lenore Taylor with prejudice appeared first on MacroBusiness. |
The Australian Independent Media Network
Tuesday, February 13, 2024 - 13:47
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A Charles Darwin University (CDU) academic has answered one of the modern-day legal world’s most burning questions: Can Artificial Intelligence (AI) write laws? New research by CDU Associate Professor Guzyal Hill put ChatGPT to the test by asking it to compare, analyse and produce domestic violence legislation, exploring the quality of its legal draft work alongside the… The post Can AI write laws? Lawyer puts ChatGPT to the test appeared first on The AIM Network. |
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Renew Economy
Tuesday, February 13, 2024 - 13:34
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MacroBusiness
Tuesday, February 13, 2024 - 13:30
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The NBN’s huge fixed costs require that nearly every Australian household subscribe to the network in order for it to be financially viable. However, as more homes abandon the NBN in favour of wireless options, including 5G mobile and Elon Musk’s Starlink satellite internet system, the NBN’s fixed expenses are shared across a diminishing subscriber The post NBN sheds jobs as ‘death spiral’ worsens appeared first on MacroBusiness. |
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The Australian Independent Media Network
Tuesday, February 13, 2024 - 13:22
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Animals have, at times, been given the same dismissively nasty treatment humans love giving themselves. Be it detention, torture, trial, and execution, the unwitting creatures can be found in the oddest situations, anthropomorphised with all the characteristics of will, thought and intention. By way of ghastly example, the Norman city of Falaise hosted the execution… The post Feathery Infiltrators: The Case of the Pigeon Spy appeared first on The AIM Network. |
MacroBusiness
Tuesday, February 13, 2024 - 13:00
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A snippet here on the US labour market from Standard Chartered: The BLS estimates of immigrant population and employment are very likely too low. The Congressional Budget Office (CBO)uses a top-down methodology and estimates that 3.3mn immigrants arrived in 2023, of which 2.5mn were undocumented or overstayed visas. CBO expects similar immigration in 2024. At |
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Renew Economy
Tuesday, February 13, 2024 - 12:40
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MacroBusiness
Tuesday, February 13, 2024 - 12:30
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The Housing Industry Association (HIA) says planning approvals will need to be streamlined if the federal government’s target of building 1.2 million homes in the five years from mid-2024 is to be achieved. The HIA has forecast that just over one million new homes will be built over five years unless approvals are fast-tracked, labour The post Albo’s housing target implodes appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, February 13, 2024 - 12:00
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Lying is a way of life for corporations. So, when you launch a new business venture that will: do material harm to your home country; increase the likelihood of WWIII; do material harm to the environment, and bankroll a vicious military junta. Then create a video like this one, and everything will be OK: The post Pilbara killer meets Bambi appeared first on MacroBusiness. |
MacroBusiness
Tuesday, February 13, 2024 - 11:30
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The latest Household, Income and Labour Dynamics in Australia (HILDA) survey is out and one of the interesting findings is that young adults in Australia are delaying their traditional transition to adulthood and spending more time at home with their parents. As shown in the table above, just over half of young men (54%) and The post Young Aussies forced to live with parents amid housing shock appeared first on MacroBusiness. |
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The Australian Independent Media Network
Tuesday, February 13, 2024 - 11:25
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Oxfam Australia Media Release Oxfam Novib, together with PAX, and the Rights Forum organisations, has won a lawsuit against the Dutch Government for exporting arms to Israel that are being used in the war in Gaza. The Dutch Court ordered the government of Netherlands to stop supplying F35 fighter jet parts to Israel within seven… The post Oxfam reaction to the Dutch court’s decision to stop military exports to Israel appeared first on The AIM Network. |
The Australian Independent Media Network
Tuesday, February 13, 2024 - 11:15
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Everybody’s Home Media Release As pressure mounts on the federal government to wind back property investor tax breaks, a national housing campaign is calling for the handouts to be scrapped entirely. In its pre-budget submission, Everybody’s Home has urged the government to abolish negative gearing and the capital gains tax discount to make housing in… The post Housing campaign calls for govt to dump investor handouts in budget appeared first on The AIM Network. |
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MacroBusiness
Tuesday, February 13, 2024 - 11:00
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BofA is good at it. A“good-enough”report The January Consumer Price Index (CPI) report should show ongoing progress on inflation. We forecast headline and core CPI rose by 0.2% m/m (0.16% unrounded) and 0.3% (0.29% unrounded) respectively. As a result, y/y headline inflation should print five-tenths lower at 2.9%, and core should print one-tenth lower at The post Previewing US inflation appeared first on MacroBusiness. |
MacroBusiness
Tuesday, February 13, 2024 - 10:30
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Toll road operator Transurban has reported a net profit of $230 million for the six months to December 2023, more than quadrupling its previous corresponding result. Transurban confirmed it would pay a first-half dividend of $0.30 per share and a full-year dividend of $0.62, although some analysts and investors had been hoping for an increase The post Transurban rides population boom to the bank appeared first on MacroBusiness. |
Just a decade ago, Australian labour was easy to find and infrastructure projects were often no-brainers.
