Electric vehicles (EVs) receive large subsidies in Australia. First, the Fringe Benefits Tax (FBT) exemption for battery EVs and plug-in hybrids (PHEVs) is estimated to cost the federal budget more than $550 million in lost tax revenue each year. However, the FBT exemption for PHEVs expired on April 1, 2025. According to the FBT exemption
Boris Johnson rages at Donald Trump's 'capitulation' to Russia - 'Putin will attack again'
Boris Johnson says it is time to take the boot off the neck of the Ukrainians and put the squeeze on Vladimir Putin.
The ferrous complex continues to struggle. The one hand, the US/China trade freeze is beginning to bite. On the other hand, Beijing is readying more yawnulus. BofA. Politburo meeting pledged to ready emergency plans The Apr Politburo meeting was held on Apr 25. This was the first meeting after theUS tariff hikes that offered high-level
Opinion polls continue to collapse on Peter Dutton and the Coalition ahead of Saturday’s federal election. The latest YouGov polling has the Coalition’s primary vote plunging to just 31%, down from 33% last week, with Labor’s primary vote rising 0.5% to 33.5%. The result is the lowest-ever primary vote the Coalition has received, according to
The Market Ear on the bear market bounce. After the bounce After a 15% run, SPX meets trendline resistance with fading breadth, neutral RSI, and no oversold fuel left. Now it gets harder. Now what? The “easy” part of the bounce is over. Now comes a slightly more tricky setup. SPX is up some 15%
The post Stocks party with the child president appeared first on MacroBusiness.
Wall Street ended the trading week on a strong note, continuing the rebound from recent lows after more flopping on tariffs from the Trump regime however a weekend Time interview and further comments out of the White House could unsettle markets again. Friday night saw European stocks also lift higher while the USD firmed against
The post Macro Morning appeared first on MacroBusiness.
We still cannot feel confident in predicting the outcome of this 2025 election. But what we can confidently say is that it has been a quite remarkable campaign, shaped by external events in unpredictable ways.
Earlier this year, Dr Raffaele F. Ciriello, a Senior Lecturer in Business Information Systems at the University of Sydney, claimed corporate elites have hijacked Australian universities. Dr Ciriello’s claims followed a National Tertiary Education Union (NTEU) investigation of 545 council positions at 37 universities, which revealed that members from the Big Four accounting firms and
https://www.youtube.com/watch?v=UWddiYK8_uc
Body Language Analysis of Trump and Zelensky's Vatican Meeting
I can't stop cracking up my eyes are watering this is so funny. Zelensky's face went from joy and confidence to pure anxiety once the French dude was told to scram....
As the world watches tariff brinkmanship unfold between the US and China, analysts have cast doubt on the truth of US President Donald Trump's claim in a magazine interview that China's President Xi Jinping called him.