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Oz Blog News Commentary
MacroBusiness Thursday, November 14, 2024 - 11:00 Source

The Victorian government’s budget update shows that the state’s net debt is projected to exceed $188 billion by 2027–28. The update also reveals that the government’s Covid debt levies are expected to raise $529 million more over four years than had been forecast in the 2023 budget. The bloating of Victoria’s public service is a

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MacroBusiness Thursday, November 14, 2024 - 10:30 Source

Those hoping that Donald J. Trump was joking about tariffs are about to get a rude shock. President-elect Donald Trump’s former trade chief and those close to him are preparing to aggressively sell their plans for massive new tariffs on imports that will go far beyond anything seen in Trump’s first term. Robert Lighthizer, a

The post Trump tariff war will smash steel worldwide appeared first on MacroBusiness.

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MacroBusiness Thursday, November 14, 2024 - 10:00 Source

Last year, Treasurer Jim Chalmers was caught “misleading” about the growth in Australian full-time earnings by ABC Fact Check. In August 2024, Treasurer Chalmers was caught again lying about Australian wages. Following Wednesday’s soft Q3 wage data from the Australian Bureau of Statistics (ABS), Chalmers was at it again, spinning fairy tales about the recovery

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Your Democracy Thursday, November 14, 2024 - 09:40 Source

O’ gentle pain and angry serenity

We hide our being behind flimsy screens

For we use aspirin and valium pills

Morphine and codeine, vitamins and Seraphims

Is our life worth more than heavenly eternity?

 

Others in Palestine scream

For Zion to stop the genocide

It sells as a day in October retribution

For a self-induced century-old affliction

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MacroBusiness Thursday, November 14, 2024 - 09:30 Source

As a capital city of worth, Canberra is a write-off. All it does is look after itself at everybody else’s expense. The budget is nothing more than an electoral box-ticking exercise. It grovels to corporations at the expense of the national interest. There is no reform of substance and no plan to improve living standards.

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Your Democracy Thursday, November 14, 2024 - 07:56 Source

Michael Waltz is a former Green Beret and Florida congressman, who has previously called for Europe to do more to support Ukraine and for the US to pull back its own support in the fight against Russian invasion. 

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Your Democracy Thursday, November 14, 2024 - 07:24 Source

South Dakota's Governor Kristi Noem has been tapped to lead Homeland Security, the same organisation that oversees multiple entities including the Coast Guard and the Secret Service

She has been a fierce critic of immigration policy. 

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MacroBusiness Thursday, November 14, 2024 - 07:00 Source

Tuesday’s monthly arrivals and departures figures from the Australian Bureau of Statistics (ABS) revealed that a record 393,874 people arrived in Australia on a net permanent or long-term basis in the first nine months of 2024. While net arrivals have slowed since March, the figures suggest that net overseas migration into Australia remains hot. Immigration

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Your Democracy Thursday, November 14, 2024 - 06:47 Source

Marco Rubio was elected to the Senate in 2010, and has previously taken a hard stance on ChinaIranVenezuela and Cuba

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Cheeseburger Gothic Thursday, November 14, 2024 - 06:18 Source

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Your Democracy Thursday, November 14, 2024 - 06:00 Source

Boris Johnson continues to stir tensions with Moscow more than two years after leaving office, the Russian Foreign Ministry spokeswoman has said, after the former UK prime minister suggested deploying troops to assist Ukraine.

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The Australian Independent Media Network Thursday, November 14, 2024 - 05:50 Source

UNSW Sydney Media Release Researchers at UNSW uncover evidence of the negative psychiatric impacts of Australia’s onshore and offshore detention systems in the largest study of its kind. A study of immigration detention in Australia has shown refugees detained offshore for any amount of time face a 20 times greater risk of PTSD and other…

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MacroBusiness Thursday, November 14, 2024 - 05:32 Source

DXY is a SpaceX rocket. AUD broke its uptrend. With markets long the battler, there is nothing to stop it falling. As North Asia begins the competitive devaluation to defy Trump tariffs. Gold could/should crash in this environment. We’re gonna need more stimmies, Capt’! Miners flushed. EM lol. Junk is melancholy rather than scared. As

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