On Friday, the Australian Bureau of Statistics (ABS) released housing finance data for August, which reported that investor demand continues to rise. The volume of investor mortgages originated has almost risen back to the pre-monetary tightening peak after growing by 34% year-on-year: At the same time, the growth in first-home buyer mortgages has stalled in
Oxfam Australia Media Release The Lebanese authorities, communities and humanitarian agencies are struggling to shelter and provide the necessities of life to over one million people fleeing Israel’s airstrikes and invasion to the south, Oxfam said today. Oxfam is working with local partners in Lebanon and alongside other aid agencies as part of the government’s…
A sober report from Barclays with excellent detail. Symmetric interest rate cut and mortgage rates cut To protect banks’ NIM, PBoC governor Pan said lending and deposit rates will be cut symmetrically by 20-25bp. We estimate a cut of such magnitude would benefit corporates and free some capacity for new investment, while given the high
The post Assessing Chinese “bazookas” appeared first on MacroBusiness.
AS THE MOST UNIMPORTANT PRESIDENTIAL ELECTION SINCE HENRY THE VIII IS BEING FOUGHT BETWEEN TWO CHEEKS OF AN AMERICAN BUTT — AN ELECTION THE RESULT OF WHICH MAY NOT CHANGE THE AMERICAN DEEP STATE GOAL TO DESTROY ANYTHING THAT DOES NOT COMPLY TO ITS AIM OF OWNING THE PLANET, THE PRICE OF OIL IS MORE IMPORTANT THAN HUMAN LIVES…
Last week, the Australian Bureau of Statistics (ABS) released dwelling approval data, which revealed that only 166,200 dwellings were approved in the year to August, which is 73,800 (31%) below the 240,000 annual run rate required to meet Labor’s 1.2 million housing target. On Friday, the ABS also released data on the number of loans
October 7 did not occur in a vacuum. It was the result of decades long Israeli occupation, never ending violence and oppression of Palestinians. The pressure cooker exploded!
The context for October 7 is wilfully and deliberately ignored By John Menadue
A slightly updated post from December 19, 2023
Freelancer CEO Matt Barrie was interviewed by the Equity Mates podcast, where he argued that “Australia has all the resources and potential to be the wealthiest country in the world”. However, policymakers have instead delivered a “cost of living crisis instead”. Here are some of the interview’s key highlights, followed by my own additions. Edited
Control over and the effective use of the online space has proven crucial over the past two US election cycles, with a groundswell of pro-Trump memes helping propel the candidate to victory in 2016, and unprecedented censorship of a damaging story about Hunter Biden by tech companies aiding Joe Biden in his quest for the White House in 2020.
For years, MacroBusiness has argued that Australia’s productivity has been stifled through “capital shallowing”, which occurs when infrastructure and business investment fail to keep pace with population growth. The result is less capital per worker, rising congestion costs, lower productivity growth, and lower per capita GDP growth. The following chart shows Australia’s long-run trend per
By James Moore “Tell the truth. Sing with passion. Work with laughter. Love with heart. ‘Cause that’s all that matters in the end.” – Kris Kristofferson. The only time I ever spoke to him in person I thought that his voice had the sound of rocks tumbling down a talus slide in a western mountain…
The post The Pilgrim, Chapter 34 appeared first on The AIM Network.
https://www.youtube.com/watch?v=V79Q8jS9_ug
I'M ANGRY: Macgregor Speaks Out
https://www.youtube.com/@OurCountryOurChoice
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America LAST: Billions To Ukraine And Israel While Hurricane Survivors Get $750!
iran’s retaliation to be followed by israhell's retaliation to be followed by iran's retaliation....
