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Oz Blog News Commentary
MacroBusiness Tuesday, August 27, 2024 - 14:00 Source

It’s just not going to plan in China. Stimulus has turned shrinkulus: China’s broad budget expenditure contracted and income from land sales for local governments fell at a record pace, a sign of fiscal weakness that may further increase calls on Beijing to add stimulus to support the $17 trillion economy. The combined spending in

The post And now for Chinese shrinkulus appeared first on MacroBusiness.

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MacroBusiness Tuesday, August 27, 2024 - 13:30 Source

Mirvac’s development head, Stuart Penklis, has called for more immigration of skilled tradespeople: “We have been advocates of looking at skilled construction labour complementing the labour that we have here in the country to assist in delivering the workbook and future housing”, Penklis told The AFR. “It continues to be extremely challenging, particularly as we

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MacroBusiness Tuesday, August 27, 2024 - 13:00 Source

This is insane: The Coalition will go the next election with budget and off-­budget savings of close to $100bn in a “back to basics” inflation-fighting agenda that will see a raft of Labor spending programs axed in a bid to arrest a structural decline of the government balance sheet. The savings include the axing of

The post Dutton’s not for nuclear, he’s for coal appeared first on MacroBusiness.

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MacroBusiness Tuesday, August 27, 2024 - 12:30 Source

The “Stats Guy” Simon Kuestenmacher is a renowned immigration lobbyist. For years he has pumped out propaganda supporting a Big Australia. Late last year, Kuestenmacher celebrated Australia’s “business model”, which he claimed relies on maintaining a mass immigration policy to generate wealth and prosperity: In Australia we create wealth by doing four things very well:

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MacroBusiness Tuesday, August 27, 2024 - 12:00 Source

Nothing can save a nation that is this stupid and corrupt: One of Australia’s top manufacturers, explosives maker Orica, said high gas prices were a critical issue for the nation amid concerns supply shortages would damage the economy with little sign of significant new volumes emerging. “Our Australian manufacturing operations continue to face challenges from

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Your Democracy Tuesday, August 27, 2024 - 11:55 Source

 The Telegram Messenger application has been blocked by multiple countries.

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MacroBusiness Tuesday, August 27, 2024 - 11:30 Source

Michael Pascoe has criticised the NSW government’s high density push, which promises to include “up to” 15% affordable dwellings. Pascoe points out that, according to Planning Department data, as little as 3% of new dwellings in Bankstown, in the Sydney’s south-west, and Kellyville and Bella Vista, in the north-west, have been set aside for affordable

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The Australian Independent Media Network Tuesday, August 27, 2024 - 11:15 Source

Indigenous Business Australia Media Release Indigenous Business Australia (IBA) launched its first Environmental, Social and Governance (ESG) strategy with Aboriginal and Torres Strait Islander wellbeing at the centre of consideration – wellbeing of Country, culture and community. IBA launch 1st ESG strategy with wellbeing at the centre of consideration. Seeks to move beyond compliance and…

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MacroBusiness Tuesday, August 27, 2024 - 11:00 Source

Dr Jim “Chicken” Chamlers is about as labour as my butt: Jim Chalmers has attacked Peter Dutton as the “most divisive ­leader of a major party in Australia’s modern history” who is deliberately undermining ­cohesion and preying on social fractures for political advantage, positioning himself ahead of the election as a Treasurer who can take

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Cheeseburger Gothic Tuesday, August 27, 2024 - 10:50 Source

I have no reason for sharing this other than my utter enjoyment of it.

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