Labor’s first federal budget in October 2022 projected 470,000 net overseas migration (NOM) in the first two years (FY 23 and 24). Instead, Labor allowed in around one million NOM over two years, more than double its forecast. On Tuesday, the Australian Bureau of Statistics (ABS) released monthly net long-term arrivals data, indicating that immigration
https://www.youtube.com/watch?v=vLXYeJLhpMA
Megyn Kelly on Shocking Details About What Kamala's Campaign Paid For the Oprah Town Hall and More
It wasn’t really a good time and sure wasn’t a long time, as Chinese property appears to be slowing once more. Goldman has more. Our refined easing impact tracker indicates that over the 6th week since this easing cycle, we find: 1)aggregated primary/secondary volumes recorded-29%/+1% wow and were 42%/65% higher than pre-easing level (vs. average
The post Chinese property unrecovers appeared first on MacroBusiness.
Russia’s Permanent Representative to the UN Vassily Nebenzia presented the Security Council with a picture of the situation in Ukraine on 31st October.
The Reserve Bank of Australia (RBA) ‘s interest rate decision last week was undeniably “hawkish”. The RBA explicitly stated that “underlying inflation is too high” at 3.5% and admitted that it underappreciated the strength of public spending, which has inflated aggregate demand and kept unemployment low. The NAB business survey was released on Tuesday and
London: The Archbishop of Canterbury has resigned after intense pressure over his role in the Church of England’s failure to halt years of sexual and physical attacks carried out by a volunteer at Christian summer camps decades ago.
The Albanese Government’s obsessive enthusiasm for matching Coalition and News Corp demands with policy responses was on show twice last week. On both occasions it was enshrined in legislation, the first on immigration detention and the other on laws to restrict social media access.
As expected, the DXY MAGA boom is a global wrecking ball. AUD is on the verge of a new medium-term downtrend. CNY is being let go. JPY won’t have it. Very AUD bearish. Gold and oil haven’t had a proper flush yet. It’s coming if trends continue. Dirt is threatening to get there first. Miners
The post Australian dollar bath of blood appeared first on MacroBusiness.
I’ve had a moment of clarity about just how much time I was spending on news apps. Because I cut myself off after the US election, I suddenly found myself with hours to fill every day.
Yep. Hours.
I don’t recall wasting hours gorging on news coverage, but Siri tells me my consumption is way down. Apparently I wasn’t wasting heaps of time on the socials. I pretty much had that under control, except for long-form pieces on Substack. But Apple’s news app was chewing up large parts of my day.
Prosper Australia today released new research examining Australia’s resource royalties. Australian states could capture an additional $14.5 billion in revenue each year by moving to a more flexible royalty model with variable rates that adjust to market conditions.
THE FOLLOWING ARTICLE WAS WRITTEN BEFORE (OCTOBER 31, 2024) THE ELECTION RESULTS...
On the eve of what could be the most consequential election in US history—perhaps even global history—the elite class representing their favored stalking racehorse seem to have thrown in their towels and hung up their riding crops.
The 2023 Intergenerational Report presented the following chart showing the structural decline in property ownership among younger Australians. In 1981, over 55% of Australians aged 25 to 29 owned a home. Four decades later, there has been a dramatic reduction to slightly more than 35%. The gap narrows as you progress up the age groups.
The post The Australian Dream is dead appeared first on MacroBusiness.
Australian Federal Police Association The NSW police wage deal, which properly recognises and respects the contribution of police officers, stands in jarring contrast to the deal the Albanese Government wants AFP officers to accept, according to the Australian Federal Police Association. Police officers in NSW will receive a substantial pay rise from the Minns Government…
It was catastrophic, cataclysmic and all destructive. It wiped out empires and aristocracies and tore through the middle class. The First World War was a conflict that should never have happened, was pursued foolishly and incestuously by the royal families of Europe and fertilised the ground for an even greater war two decades later. It…
The post The Remembrance Day Amnesia Racket appeared first on The AIM Network.