There is a marked immaturity in the reporting of opinion polls and other political developments in Australia at the moment. I see problems in two main categories.
First is the seemingly endless pursuit of uniquely Australian explanations for what are obviously global trends.
Elections are held for Tasmania’s upper house every year, usually in May. I’ve now finished my guide to the three races to be contested this year. Read the guide here.
Two to three seats are contested each year, with all 15 up for election over a six year cycle. So this year’s seats are those contested in 2019.
As usual, these seats are all a bit different. One seat is in the north-west of the state, while the other two are in the Hobart area.
I hate Victoria. It’s dull, has terrible weather, it’s up itself, and utterly fake left. The one thing it is not is an energy bludger. The East Coast gas cartel and its mates in the press have spent years blaming VIC for gas shortages, and it’s total bullshit. VIC has been the gas powerhouse of
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Friday night saw a slightly weaker than expected jobs print from the US – aka the NFP or non farm payrolls – that saw some USD weakness but not across the board while Wall Street slumped again making for a two week low due to tech stocks. Don’t mention Tesla… The Australian dollar is still
The post Macro Morning appeared first on MacroBusiness.
Goldman is still bullish DXY but not so bearish AUD. USD: Tariff-fried.We see three key takeaways from a frenzied week. First, the recent back and forth headlines have not altered our view that tariffs are coming and this will materially impact exchange rates. In fact, our economists now expect a larger increase in the effective
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The catastrophic conflict between Israel and the Palestinians (the present “ceasefire” notwithstanding) has done nothing to relieve the centuries-old contradictions that exist between and within our three monotheistic religions: Judaism, Islam and Christianity.
Why doesn’t God save the day? By Eric Hunter
https://www.youtube.com/watch?v=paNpI6zfnpM
Richard Wolff: The FALL of the US Empire–US Denial, Europe Burns, BRICS & China Rise
The catastrophe of the Ukraine War will leave a long trail of painful questions. Because this hubristic proxy confict has become such a pie-in-the-face fiasco for the West, there will be plenty of resistance to honest answers for a very long time.
Australia’s manufacturing sector has shrunk to just over 5% of GDP, the lowest share in the OECD. Late last month, federal Minister for Industry and Science Ed Husic spruiked Labor’s Future Made In Australia policy to boost local manufacturing. “In Labor’s first term in office, the policies have come thick and fast: the $15 billion
The post Australia has no manufacturing future appeared first on MacroBusiness.
In recent decades, the West has witnessed a growing trend among increasingly hubristic US leaders to proclaim the United States as “indispensable.” This rhetoric reflects a mindset often seen in declining empires: the belief that their peak is yet to come, despite mounting evidence of decay.
...These ideologies – and they include catastrophic climate change, diversity politics, #MeToo feminism and transgender rights, as well as critical race theory – are, in fact, deeply conservative, especially in their economic and political effects.
Graham Hryce — Australian journalist and former media lawyer…
The US Agency for International Development (USAID) is riddled with almost unprecedented levels of corruption, and should be shut down, President Donald Trump has said.
In one of the first executive orders after his inauguration, Trump suspended all US foreign aid, pending a three-month review, amid a wider push to cut government spending.