Blogotariat

Fresh from the ABS. In seasonally adjusted terms, in January 2024: unemployment rate increased to 4.1%. participation rate remained at 66.8%. employment increased to 14,201,300. employment to population ratio decreased to 64.1%. underemployment rate increased to 6.6%. monthly hours worked decreased to 1,871 million. full-time employment increased by 11,100 to 9,797,800 people. part-time employment decreased by 10,600 to 4,403,500

Nominations closed on Tuesday for the two Queensland state by-elections and the Queensland council elections, all to be held on March 16. I have now updated my candidate lists for my Brisbane City, Inala and Ipswich West guides.

For this post I’m most interested in the nominations for the City of Brisbane. I have some other thoughts about nominations in other councils which I might return to in coming days.

You can download a full list of Brisbane City candidates here.

Prime Minister Anthony Albanese indicated in January 2022 – four months before the federal election – that his government would run a lower immigration policy if elected: “His “train locals first” push comes a month after the Labor leader refused to back the government’s plan to bring permanent migration back to 160,000 a year”, The

The post Albo and Trudeau the duet of leftist liars appeared first on MacroBusiness.

It just gets worse at Australia’s newspaper-turned-fantasy fruit cake recipe. Unsatisfied with the gaslighting of dying homeless people, The Guardian of Nothing’s intellectual frauds have scoured the earth to find a style of living that agrees with its perverse aesthetic: Meet Konstanze Winter in Delft, a canal-encircled city in the Netherlands best known for its

We have noted repeatedly how Australia’s unemployment rate will likely shoot up this year as employer demand for workers slows and labour supply grows briskly via strong net overseas migration. This puts MB at odds with the Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy (SoMP), which forecast that Australia’s unemployment rate would

The post More bad omens for Australian jobs appeared first on MacroBusiness.

Some very dovish Fedspeak and revisions to the latest US PPI print gave equity markets a small lift overnight, following a slump from the stronger than expected CPI print.  Wall Street rebounded and futures for Asian share markets look more optimistic as a result although the USD remains fairly strong against most of the majors

The post Macro Morning appeared first on MacroBusiness.

Sometimes, being stupid can be an advantage, in the short term: Australia is lagging international peers on the adoption of artificial intelligence and other advanced technologies, according to the Productivity Commission. We are “pretty much toward the bottom of the pack of OECD nations,” Danielle Wood, chair of the commission, said at the AFR Workforce

The Market Ear kicks us off. The Jaws Nothing new really, but the gap between equities and rates has grown very wide in 2024, especially over the past 2 weeks.These days the market is all about the Mag7, but what happens should the rates narrative revive as a driver of equities? Refinitiv Fed funds –

The post Stocks fade the inflation spike appeared first on MacroBusiness.

In the US, gas is now $2.50Gj. Asian net-back LNG shipped from Australia is $10.30Gj (and I’m only including the cost of shipping not freezing). European net-back shipped from Australia is $8.50Gj. (and I’m only including the cost of shipping not freezing). Yet, Australian gas prices are still $12Gj despite coming out of the ground

The post Aussie gas the most expensive in the world AGAIN appeared first on MacroBusiness.

No idea if this will work, but here is the link for the Bookclub.

Doors open at 6.30 Brisbane Time. I will have a drink. If nobody turns up, I will drink alone.

https://us02web.zoom.us/j/87165401381?pwd=WXZpMzBLRm95WUxaRlVRclU3S2Yvdz09

The meeting ID is 871 6540 1381

The passcode is 180814

The L/NP tree-house club, like many RWNJ organisations, is defined by what it’s against rather than what it’s for – where conservatism is a constant battle for preservation of the status quo; where anti is easy, and initiative is hard. It’s where bias beats brains. The only constant is change yet these trogs forever fight…

The post Thug’s army appeared first on The AIM Network.

By guest columnist and longtime Assange supporter, Tess Lawrence Interpol’s Red Notice warrant issued for Julian Assange was bloated with corruption. One of its presidents was the notorious Jackie Selebi, former Ambassador to the United Nations for South Africa. He reigned over Interpol for the usual four years, from 2004 to 2008. Three years later…

The post The ballad of Julian Assange in Belmarsh Gaol starts with corrupt Interpol Red Notice appeared first on The AIM Network.