On at least one occasion I have made jokes about Galloway’s tendency to wear a hat indoors, a wide brimmed fedora that places him somewhere between Marlon Brando’s Sky Masterson and Robert Mitchum’s Reverend Harry Powell.
Watch the Gaslighter-in-Chief in action. He loves the symbolism of “going to women before blokes” at his big gender violence funding announcement: But the reality is he has slashed spending: Last week, following a dedicated meeting of national cabinet, the Albanese government announced a $4.7 billion investment to tackle domestic, family and sexual violence. There
Goldman Sachs is still bullish, DXY. USD: Cuts, now what. The time for cuts has come, but we do not think that is a reason to be overly bearish on the Dollar. First, while the broad Dollar has fallen only about 1% since the summer peak, DXY is down around 5% and back to unchanged
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The latest Freshwater poll says it all: When each person polled was asked to select three top issues of concern from a list of 16, cost of living remained well at the top with 74 per cent, a fall of 2 points since last month. But the Coalition’s lead over Labor as the best party
The post Were it not for Dutton, Albo would be a goner appeared first on MacroBusiness.
The Market Ear on whacky dynamics. Conservative nets Net exposure for long/short equity hedge funds pretty conservative. JPM PI 37%-tile Net leverage at 37%-tile (12m) for long/short funds on GS prime data. HFs net sold US equities for a 5th straight week,driven by short sales outpacing long buys GS Prime BofA Bull & Bear Indicator
Last month, former independent senator for South Australia, Rex Patrick, published an explosive report at MichaelWest.com.au explaining how the federal government and the Administrative Appeals Tribunal (AAT) had blocked a gas reservation options paper finalised in the dying days of the former Coalition government. The primary reason why this options paper was blocked is because
Sometime late last week, the cats chased a giant skink lizard into my office. Giant is not an exaggeration. These things are usually pretty small, smaller than my little finger once they've dropped their tails. But this motherfucker was like a dinosaur skink. Longer than my whole hand even after he had dropped his arse.
State governments are no longer contributing to inflation. They are withdrawing from GDP, according to ANZ: Tasmania’s 2024-25 budget was the final state budget to be released. It showed cumulative budget deficits between 2023-24 and 2026-27 tripled to over $3.1bn compared with the 2023-24 Revised Estimates Report from February. Our chart of the week shows
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Westpac’s credit card tracker is still very soft. The Westpac Card Tracker Index* lifted slightly over the two weeks to September 7, rising 0.5pts to 135.9. The ‘Stage 3’ tax cuts and other fiscal support measures that came into effect at the start of July look to be generating a little more traction with but
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I noted last week how the latest net permanent and long-term arrivals data from the Australian Bureau of Statistics (ABS) has reported record net arrivals so far in 2024: As shown above, there were 335,184 net arrivals in the first seven months of 2024, 15,361 higher than last year’s record arrivals and 110,175 higher than
The post Australia’s population growth reaccelerates appeared first on MacroBusiness.
The second week of September was rich in news related to both the Russian and American space programs. Everyone was interested in what would happen to the crew of Boeing’s Starliner, and the Russian lunar program was also intriguing.