Climate Council Media Release IN A DAMAGING MOVE, the Albanese Government has approved three massive coal mine extensions in New South Wales, locking in decades more climate pollution that “our children will not forgive” says the Climate Council. The federal government has approved three coal mine extensions in the Hunter Valley: Whitehaven’s Narrabri Stage 3…
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Reserve Bank of Australia (RBA) governor Michele Bullock said that she would “look through” the result, but the ABS monthly inflation indicator has been released with CPI inflation rising by 2.7% in the 12-months to August, down from a 3.5% rise in the 12 months to July: The most significant price rises at the group
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I have long resisted buying a power drill. Owning a power drill implies the use of such, and who am I to deny an honest carpenter his wages? I am the guy who’s wife just bought a power drill, that’s who.
Also, I am the guy who fixed the fern hanging thing to the wall through the use of said drill.
Several federal government sources have confirmed that the Albanese government is examining scaling back negative gearing and capital gains tax concessions, which it could take to the upcoming federal election. The Albanese government has tasked the Treasury for advice on potential changes amid growing pressure from the Greens to clamp down on property tax concessions.
Victoria’s 90-kilometre Suburban Rail Loop (SRL) is arguably Australia’s worst infrastructure project ever. Just before the 2018 State Election, former Premier Daniel Andrews announced this project. Andrews initially announced that the SRL’s three stages would cost $50 billion. However, the cost to build and run the project has already risen to more than $200 billion.
I did tell you to wait until Xi Jinping gave you the green light and he has: The PBoC will set up a swap facility of CNY500 billion allowing securities firms, funds,and insurance companies to tap liquidity from the central bank to purchase equities. It will also set up a specialized re-lending facility of CNY300
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Honestly, the state of reporting on China is a sad combination of ignorance and hope, with very little reality. The poor reporting is led by Bloomberg which must have some kind of PR contract with the CCP. Variant Perception sums up yesterday’s “massive sweeping bazooka stimulus blitz”: …the easing measures do not address China’s fundamental
Madness gripped the iron ore market yesterday as steel prices rose a bit and iron ore a lot: Mad Dalian too: That wrecks steel mill profitability and guarantees further output falls. Self-defeating market drivel. Global steel is already reeling and it is about to get worse thanks to an iron ore rally based on the
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We talked about the need to develop criteria for evaluating countries different from existing Western ones (according to which most states today do not want to be evaluated) and raised the issue of expanding the professional army in our country, as well as trying to figure out what should be the basis for the Declaration of Civil Society, which will be presented in Kazan.
Stock markets advanced overnight as the USD retreated due to weaker than expected consumer confidence numbers, with overall risk helped by the PBOC messaging about increased stimulus and rate cuts in the Asian session. Wall Street nominally put in another record high, while European stocks advanced even further. The USD was sold off against all
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