Peter Dutton’s nuclear plan may well have minimal carbon emissions, but the distant time of arrival, and ignoring the well known drawbacks makes it a dud.
On the face of it, it is all whizzbang white heat of technology (albeit of 60 years ago) and no carbon emissions (never mind the other ones). The problem lies with the nature of the beast.
CoreLogic has recorded flat rental growth across Australia for the second straight month in August, with Sydney recording its second consecutive monthly decline. The annual rental growth rate also declined across most markets: Nationally, rental values were up by 7.2% in the year to August, which is the lowest annual growth rate since May 2021.
The latest massive $1.1bn profit reported by Coles will doubtless produce a new round of hand-wringing about the “cost of living”. Governments will produce initiatives aimed at capping or reducing prices. Pundits will use a variety of measures to argue as to whether such measures are inflationary. Then there will be debates about whether splitting up Coles and Woolworths into smaller chains would enhance competition.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
The AFR’s Economics Correspondent, Michael Read, published an analysis showing that “Australian households experienced the largest fall in disposable incomes across the OECD over the past two years”: According to OECD data compiled by Read, real per capita household disposable income declined by 8.0% over the two years to March 2024. This compares to a
By James Moore “They say, Our deaths are not ours: they are yours: they will mean what you make them. They say, Whether our lives and our deaths were for peace and a new hope or for nothing we cannot say: it is you who must say this. They say, We leave you our deaths.…
The post A Garden of Stone appeared first on The AIM Network.
MOSCOW (Sputnik) - US military officials believe that Kiev's loss of the F-16 fighter transferred to it was probably not connected to a friendly fire from the Ukrainian Armed Forces on its own aircraft, The New York Times reported.
Despite much grandstanding in the Biden administration about halting specific arms shipments to Israel over feigned concerns about how they might be used (inflicting death is the expected form), US military supplies have been restored with barely a murmur. In a report in Haaretz on August 29, a rush of weapons to Israel has been…
The post A Return to Form: Expediting US Arms to Israel appeared first on The AIM Network.
All Australian workers who work with silica dust, not just those working engineered stone, will be protected by new laws that come into effect today Sunday the 1st of September. While a highly publicised campaign last year led to a ban on so-called ‘killer stone’ used in kitchens around the country, now another 600,000 workers…
The post Tunnel workers can breathe away appeared first on The AIM Network.
The news in cartoons: France still waiting for its new Prime MinisterSince July 16 and the resignation of Gabriel Attal, France still does not have a new Prime Minister. The current government, which has resigned, is managing current affairs. And the consultations conducted in recent days by Emmanuel Macron at the Élysée were not enough to appoint a new tenant at Matignon.
DXY is bouncing off technical support and an oversold condition: AUD candles presaged a fall: CFTC specs are still short. Bullish! North Asia into reverse: Oil looks to be sniffing out a lower range: Dirt relation ended: Miners in trouble: EM going nowhere: No hard landing here: Yields perked up: So did stocks: Is China
The post Australian dollar golden rocket melts down appeared first on MacroBusiness.
Russian President Vladimir Putin is not concerned that Mongolia could arrest him on International Criminal Court charges during his upcoming trip, Kremlin spokesman Dmitry Peskov has said.
Putin is scheduled to visit Mongolia on Monday for a World War II commemoration. This would theoretically put him at risk of arrest on the ICC’s “war crimes” warrant, as Ulaanbaatar recognizes the court’s jurisdiction.