For years, I have called on the federal government to crack down on the international education sector via the following types of reforms: Raise financial barriers to entry (i.e., how much funds a student must have available before arriving in Australia). Significantly increase entrance requirements (e.g. English language proficiency and academic testing). Raise pedagogical standards.
Some US commentators are advocating a recalibration of America’s full-spectrum global posture, while others, including Condoleezza Rice, energetically beg to differ – naturally for the good of the world.
American reflections on global hegemony By Richard Cullen
The chief economist at IFM Investors, Alex Joiner, posted the below chart on Twitter (X) showing the massive divergence in household debt between Australia and Canada on the one hand and the United States on the other: As you can see, the United States deleveraged significantly after the Global Financial Crisis, whereas Australia and Canada
Just how dumb are we going to get? If it is up to the AFR, it will vegetable stupid: Headline inflation is expected to fall sharply again in August as more consumers receive $300 federal government energy bill credits, potentially sending headline inflation below 3% and back into the RBA’s target band. But the latest
The post RBA out-dumbs Treasury appeared first on MacroBusiness.
By Bert Hetebry It is often quite a surprise when I open my Messages file in the morning: I get strange quotations and links to some angry podcasts which seem to promote religious supremacy or some other form of exceptionalism which puts some people a bit, some times quite a bit above, somehow better than…
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‘The Road at Eltham’ Walter Withers, 1913 National Gallery of Victoria AUD/USD EUR/USD USD/JPY Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon 28 August, 2024 appeared first on MacroBusiness.
The following opinion piece was written by Gareth Hutchens and published in the ABC on Sunday 31st March, 2024. It is reproduced here with permission. This piece of writing was part of a 3-part series, awarded the 2024 E.J. Craigie Writing Award.
