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Oz Blog News Commentary
Your Democracy Monday, August 26, 2024 - 18:33 Source

'Only Hearing One Side of The Story': US Cracks Down on Its Own Journalist Due to Fear of Russia 

The US government’s investigation will present some challenges, because targeting Americans who work with news organizations, even those which are state run could clash with the US First Amendment’s protection of rights to free speech, the newspaper admitted.

 

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The Australian Independent Media Network Monday, August 26, 2024 - 18:06 Source

By Jane Salmon 10,000 people have no rights in Australia because they have been mishandled by Morrison’s fast track system. There is no pathway to permanency for them. They have run the gauntlet of courts, expensive lawyers and more. They have nowhere else to go. This is their home. Labor has not come up with…

The post Here’s how it is appeared first on The AIM Network.

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MacroBusiness Monday, August 26, 2024 - 16:30 Source

Another mixed session for Asian share markets as they absorb the buoyant mood from Wall Street on Friday night as the USD returns to structural weakness following Fed Chair Powell’s highly anticipated speech at the Jackson Hole symposium. The USD is still losing ground against most of the majors with Euro nearly above the 1.12

The post Macro Afternoon appeared first on MacroBusiness.

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John Quiggin Monday, August 26, 2024 - 16:06 Source

The mining magnate does away with the constraints of arithmetic, simultaneously demanding lower taxes more public spending and lower deficits

From The Guardian

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The Tally Room Monday, August 26, 2024 - 16:00 Source

Ben is joined by the ABC’s Thomas Morgan to discuss the results of the NT election. We talk about the CLP’s big victory, how northern Darwin has flipped back after being solidly Labor for 23 years, and the rise of the Greens and independents on Labor’s left flank.

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MacroBusiness Monday, August 26, 2024 - 14:00 Source

It is becoming clear that the Reserve Bank of New Zealand was too aggressive in raising interest rates, delivering one of the largest increases in mortgage rates in the world: New Zealand’s per capita GDP has fallen by 4.3% from its late 2022 peak, following six straight consecutive declines: High frequency indicators suggest that per

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MacroBusiness Monday, August 26, 2024 - 13:30 Source

Goldman addresses the freefalling DXY. USD: Cut but don’t run. The time for cuts has come, and FX markets clearly see that as a time to short the Dollar. It is understandable because the Dollar starts from a position of being highly valued, and because the Fed can and may adjust real rates faster than

The post Major bank: Australian dollar won’t get far appeared first on MacroBusiness.

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MacroBusiness Monday, August 26, 2024 - 13:00 Source

Data from the Actuaries Institute shows that 1.6 million Australian households are now under financial stress due to the rising cost of home insurance premiums. This represents an increase of 360,000 households, 30% higher than a year ago. Sharanjit Paddam, the lead author of the Actuaries Institute’s report, says insurance premiums are rising faster than

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