Invention is the mother of necessity, and Russia’s response to largely Western-imposed economic and trade sanctions has shown the extent of that inventiveness. While enduring attritive punishment in its Ukraine campaign, the war remains sustainable for the Kremlin. The domestic economy has not collapsed, despite apocalyptic predictions to the contrary. In terms of exports, Russia…
A quiet but generally positive day for Asian share markets which haven’t translated the overnight bounce from Wall Street into anything exciting locally with all eyes on tomorrow night’s US CPI print. European stock futures are in fact down heading into the London open so risk remains quiet uneasy. Currency markets are still seeing a
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RMIT University Media Release The Federal Government is planning to introduce a minimum age restriction for social media platforms to prevent harm. RMIT experts comment: Lisa Given, Professor of Information Sciences “Government calls for a ban on social media for young people are premature and not supported by clear evidence. “Children need to gain the…
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House of Representatives Media Release The House of Representatives Standing Committee on Employment, Education, and Training has today tabled its report, Study Buddy or Influencer, following its inquiry into the use of generative artificial intelligence in the Australian education system. Committee Chair, Ms Lisa Chesters MP, said ‘Generative AI (GenAI) presents exciting opportunities and yet high stakes risks for the Australian…
Have you ever seen a parade of an army? Company by company, they file by. On a war footing, a company is 250 men. When a regiment of I4 companies has passed, you have seen 3,755 men; and that looks like many, many people.
BY E T GUNDLACH — 1931
A Parade of 3,000,000 Men
The US Department of Justice has accused the 76-year-old – a former adviser to the late US President Richard Nixon who now hosts a talk show on Russian TV – with sanctions violations and money laundering. His wife Anastasia has also been indicted.
The July monthly inflation indicator from the ABS showed that the disinflationary impulse had broadened. The number of items in the CPI basket with annual inflation below 2% rose above the number of items with prices growing faster than the RBA’s inflation target of 3%: Last week, the Melbourne Institute inflation gauge recorded a sharp
Michael West is among the few commentators willing to call out the billions of dollars of laundered money ploughed into Australia’s property market, contributing to the current affordability crisis: As mainstream media, particularly Nine, is funded by property ads, we don’t see many stories about money laundering. But money-laundering – often wealthy foreign buyers parking
133rd Henry George Commemorative Dinner Address by Professor Sock-Yong Phang, Singapore Management University, Kelvin Club, Melbourne, 15 August 2024 Value capture and affordable housing: insights from Singapore Good evening, everyone. Thank you, Dr Tim Helm for the kind introduction. And a big thank you to the Executive Committee members of Prosper Australia. I am […]
The local gas price has managed to ease slightly below Albo’s catastrophic $12Gj price floor: Only in war have we never seen spring average power prices like this: Meanwhile, the national discussion is consumed by irrelevance: Victorian households can continue cooking with gas after the Allan government moved to exclude gas stovetops from its net
If a council in New South Wales wants to change the number of councillors who sit on that council, they need to hold a referendum, with voters making the final decision.
In 2024, four councils are holding referendums on reducing the size of their council. Central Coast and Woollahra are voting on cutting councillors from fifteen to nine, Hilltops may go from eleven to nine, and Port Macquarie-Hastings from nine to seven. Central Coast is particularly notable, being driven by a state-appointed administrator in one of the most populous councils in the country.
After ten years of the worst central banking in the world, unable to forecast what time the sun was coming up, we will get bugger all reform: The Coalition will block Treasurer Jim Chalmers’ attempt to create a new specialist interest rate-setting board at the Reserve Bank over concerns the government could stack the committee
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