The Federal Chamber of Automotive Industries (FCAI) released new car sales data for March, which revealed that 108,606 new cars were delivered during the month, and a total of 1,206,558 were delivered over the year. Annual new car sales declined by 0.9% over the year, with the market continuing to trend downward since peaking in
The post EV sales crash back to earth appeared first on MacroBusiness.
Donald Trump’s announcement of a “Liberation Day”, involving the imposition of tariffs on almost every country in the world, is one of a series of measures which call for an urgent reorientation of Australia’s economic and foreign policy. It is, in effect, a commitment to remove the United States from the global economy, which is seen by Trump as unfair and exploitative of Americans.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
A Dutton-led Coalition government would ‘slash’ international student numbers by around 25% if elected. Speaking in the outer suburbs of Melbourne on Sunday morning, Peter Dutton said that the international student intakes at universities and VET would be cut by 80,000 under the Coalition, which he said would free up housing and ease the rental
The dreadful atrocities by Hamas on 7 October 2023 horrified the world and triggered the destruction of Gaza, the deaths of more than 50,000 Gazan men, women and children and the wounding of tens of thousands more.
Was Israel complicit in the 7 October 2023 massacre?
British Prime Minister Keir Starmer will deliver a speech on Monday acknowledging that the era of globalization has come to an end, The Times has reported.
Starmer will make the address in response to US President Donald Trump imposing sweeping tariffs on the majority of America’s trading partners, including the UK, earlier this week, according to the article on Sunday.
WASHINGTON -- US Treasury Secretary Scott Bessent is reportedly looking to leave the Trump administration following the president's "reciprocal tariff" announcement, which has raised concerns about its impact on the economy, The New Republic reported on Saturday.
The Trump administration’s “Liberation Day” retaliatory tariffs have slapped tariffs of 10% to 48% on US trading partners. The tariffs are expected to drive the US’ effective tariff rate to its highest level in more than a century. Global stock markets fell sharply following the announcement of tariffs on Wednesday, US time. The US markets
The Australian dollar is falling out of favour again. Goldman. We are making a major shift in our Dollar view for the year ahead: we now see Dollar weakness of the first quarter persisting and deepening further. The reciprocal tariff announcement itself was close to our economists’ expectations in terms of aggregate tariff rate. If
The post Australian dollar forecasts slashed appeared first on MacroBusiness.
Merchant.adventurers.of.london · DeepTGman April5 In this podcast discussion Deep T goes over the impacts and implications of the new tariff regime US President Trump unveiled during the week and how the Australian economy is likely to experience that. The discussion looks at the the near absence of meaningful economic policy discussion during an Australian
On Thursday, Australian time, the Trump Administration announced its “Liberation Day” retaliatory tariffs, which impose tariffs of between 10% and 48% on trading partners. The announcement of the tariffs led to heavy falls on global stock markets. US markets suffered heavy losses, with the S&P 500 losing $5 trillion in value in two days. This
The Hungarian prime minister said the EU Commission's call for people to prepare a 72-hour emergency kit was scary. "What's on these people's minds? Are they up to something?" the politician lamented, speaking on public radio.
Hungarian Prime Minister Viktor Orbán was the first national leader to react to the EU Commission's advice for people to prepare a 72-hour survival kit for emergency situations.
Having written two celebrated books on fascism in the 20th century, Jewish-American scholar John Stanley draws direct parallels with the second Donald Trump presidency.
"Fascism is what the Trump administration is now doing," he told DW of the president's second term in office.