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The Australian Independent Media Network
Thursday, February 8, 2024 - 13:24
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Oxfam Australia Media Release Families still reeling from the aftermath of a two-year conflict in Tigray are now resorting to increasingly desperate measures to survive. The conflict and erratic rainfall have further exacerbated the planting season which threatens to plunge the region into deeper humanitarian catastrophe if nothing is done, warns Oxfam. Hareyat (50), a… |
MacroBusiness
Thursday, February 8, 2024 - 13:00
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UBS with the note. It’s too early to know for sure if Trump will be the next President, what his policies would be and to what extent he would undo current policy programmes,” the analysts said, adding, “There is little signal yet in the relative performance of renewables to oil or autos and in longer-dated The post What is the Trump trade? appeared first on MacroBusiness. |
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MacroBusiness
Thursday, February 8, 2024 - 12:30
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Canada’s population grew by more than 1.2 million last year, driven almost entirely by net overseas migration: This population explosion has sent rental inflation soaring: A new note from the National Bank of Canada confirms “the extreme imbalance between supply and demand for homes”, driven by Canada’s extreme immigration program: “A just-released report from CMHC The post Trudeau immigrates Canadians into homelessness appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 8, 2024 - 12:05
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The reporting season so far has been highlighted by a few stocks surprising on the upside and rallying significantly. If you take the broader stock market increase to indicate approval, it looks a little strange. Earnings forecast growth for 2024 has almost halved while stocks have rallied. Join us in to this week’s podcast as |
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MacroBusiness
Thursday, February 8, 2024 - 12:00
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Aside from its war on youth and workers, Albo’s second most egregious policy is his betrayal of the national interest in reference to China. The developed world is busily derisking China at a spectacular speed. We know foreign direct investment in China is falling. US imports of Chinese goods are falling. And investment into Chinese The post Albo’s China dependence grows appeared first on MacroBusiness. |
Renew Economy
Thursday, February 8, 2024 - 11:50
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MacroBusiness
Thursday, February 8, 2024 - 11:30
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Federal Housing Minister, Julie Collins, has described the premature deaths of hundreds of homeless “completely unacceptable”. The comments from Collins follows a Guardian Australia investigation of 627 homelessness deaths, which found a three-decade life expectancy gap and an average age of death of just 44. Independent senator David Pocock said the investigation should trigger a |
MacroBusiness
Thursday, February 8, 2024 - 11:00
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From a Chinese captured RIO yesterday: The Simandou product of more than 66% iron content will be the caviar of iron ores as the “normal” iron content is only 58%, Gerard Rheinberger told Business Report at the sidelines at Mining Indada in Cape Town. “The high grade and low impurities make the Simandou product a The post RIO upsells the Pilbara killer appeared first on MacroBusiness. |
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MacroBusiness
Thursday, February 8, 2024 - 10:30
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Aussies can breath a sigh of relief as Australia’s two most toxic energy firms have dumped a planned merger: The official end to merger talks between Santos and Woodside is not unexpected, given the public opposition of several high-profile Woodside investors and Woodside chief Meg O’Neill’s pessimistic comments last week. Despite Australia’s appaling track record The post Aussies dodge another energy bullet appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 8, 2024 - 10:00
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SQM Research has published property listings data for January, which were up 2.7% year-on-year, led by Melbourne, Sydney and the smaller capital cities: The more interesting statistics was that distressed listings jumped 9.0% in NSW in January, to be up 16.3% year-on-year: The number of distressed property listings have also risen sharply in Victoria, the |
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MacroBusiness
Thursday, February 8, 2024 - 09:30
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The Australian Bureau of Statistics (ABS) on Wednesday released its cost-of-living indices for the December quarter, which showed that employee households are being squeezed hardest. Employee household cost of living rose by 6.9% in the 2023 calendar year, well above the 4.1% rise in CPI inflation. The ABS noted that the outsized rise in employee The post Aussie workers hit hardest by rising cost of living appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 8, 2024 - 09:00
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Risk sentiment surged overnight on Wall Street with another new record high as the USD fell back while bond markets remained volatile but unchanged. European stocks still couldn’t find much confidence as ECB inflation expectations remain mixed. The Australian dollar rose slightly despite being under the pump as it remains stuck just above the 65 The post Macro Morning appeared first on MacroBusiness. |
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MacroBusiness
Thursday, February 8, 2024 - 08:30
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The pressure for real reform is building: Anthony Albanese would have parliament’s support to crack down on negative gearing and the capital gains tax discount if he adopted new policies ahead of the election, after an overhaul of the tax concessions was backed by the Greens and three Senate crossbenchers. The Australian understands the Greens The post Chicken Chalmers will never cut negative gearing appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 8, 2024 - 08:00
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Can the CCP even save stocks? Not on its current trajectory. Goldman has more. MSCI China has experienced a roller-coaster ride to start 2024, falling 12% in the first 16 trading days on intensifying growth and policy concerns before bouncing 8% from the low at one point on a larger-than-expected RRR cut and rising National The post Can Chinese stocks save iron ore? appeared first on MacroBusiness. |
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MacroBusiness
Thursday, February 8, 2024 - 07:30
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The Market Ear on the continuing big tech blowoff. Nothing gonna stop us now? NASDAQ is currently breaking above technical resistance. The past few days have been stellar for Tech and especially the Magnificent 7. The giants are delivering earnings growth many times over its pre-pandemic median. Big Tech earnings growth also kept the margin The post In tech we trust appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 8, 2024 - 07:00
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DXY eased overnight: AUD stopped falling: North Asia too: Oil and gold firmed: Dirt is conspicuously ignoring the China stock save: Miner meh: EM meh: Junk meh: Yields meh: Stocks only go up! UBS with the discussion: How might the dollar trade if US growth stays very strong? Last week’s release of strong Jan US The post Australian dollar smashed by Donald Trump appeared first on MacroBusiness. |
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Your Democracy
Thursday, February 8, 2024 - 06:03
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https://www.youtube.com/watch?v=4z5sjw_MCxs BREAKING NEWS: Schumer Reacts To Bipartisan Border Bill Chaos: 'The House Is In Chaos'
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The Australian Independent Media Network
Thursday, February 8, 2024 - 05:45
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Telecommunications Industry Ombudsman Media Release The latest data from the Telecommunications Industry Ombudsman (TIO) reveals that consumers and small businesses made 14,671 complaints between October and December 2023, an increase of 13.4 percent compared to the previous quarter, but a 17.9 percent decrease compared to the same time last year. Explore the interactive data dashboard … |
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Your Democracy
Thursday, February 8, 2024 - 04:58
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American journalist Tucker Carlson could be banned from visiting the European Union after interviewing Russian President Vladimir Putin, Newsweek said on Wednesday, quoting one former and two current MEPs. The former Fox News host was spotted in Moscow last weekend and revealed on Tuesday that he would be interviewing Putin. The interview will be posted on X (formerly Twitter), with the platform’s owner Elon Musk guaranteeing it won’t be censored, Carlson said. |
MacroBusiness
Thursday, February 8, 2024 - 00:05
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Earlier this month, PropTrack released its quarterly rental report, which showed that the number of homes listed for rent across Australia fell to a record low in December after declining 4.7% year-on-year. The total number of properties available for rent nationally in December 2023 was 30.2% below the December decade average, according to PropTrack: PropTrack’s rental |
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Renew Economy
Wednesday, February 7, 2024 - 22:30
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Renew Economy
Wednesday, February 7, 2024 - 22:15
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Cheeseburger Gothic
Wednesday, February 7, 2024 - 18:22
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I can’t help but think that this is share house related. |
Your Democracy
Wednesday, February 7, 2024 - 18:10
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Australian lawmakers have met United States Ambassador Caroline Kennedy, urging her to help drop the pending extradition case against WikiLeaks founder Julian Assange and allow him to return to Australia. The “Bring Julian Assange Home Parliamentary Group” said on Tuesday it informed Kennedy of “the widespread concern in Australia” about the continued detention of Assange, an Australian citizen. |
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George Monbiot
Wednesday, February 7, 2024 - 18:00
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Corporate lobbyists are demanding a ban on protest – and getting it. By George Monbiot, published in the Guardian 2nd February 2024 |
MacroBusiness
Wednesday, February 7, 2024 - 16:30
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Asian share markets are generally in a positive mood despite the absence of a strong lead from Wall Street overnight as reduced volatility in bond and currency markets helps settle nerves and paper over real macro problems. The USD has given up a small amount of ground but remains strong following the upside surprise in The post Macro Afternoon appeared first on MacroBusiness. |
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Renew Economy
Wednesday, February 7, 2024 - 15:20
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Renew Economy
Wednesday, February 7, 2024 - 14:57
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Renew Economy
Wednesday, February 7, 2024 - 14:42
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MacroBusiness
Wednesday, February 7, 2024 - 14:30
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Below is an interview with Sky News’ Sharri Markson and Judo Bank’s Warren Hogan discussing Tuesday’s decision by the RBA to keep the official cash rate on hold, among other topics: In the interview, I reaffirmed my position that the RBA will cut rates in the second half as inflation falls globally and the economy The post RBA takes sensible position on interest rates appeared first on MacroBusiness. |
9 May 2023
