I've had my noise-cancelling headphones on all day because there’s major demolition happening—both across the street and on the property behind us. It’s been a huge and constant racket.
But what really had me worried wasn’t the noise. It was Willow, one of our cats. She’s usually banging her head against my office door by lunchtime, demanding to be let in so she can sleep wherever the hell she wants—usually right on top of my keyboard. But today? Nothing.
Asian stock markets are doing somewhat better in response to the late rebound on Wall Street overnight but a big air of caution remains as the new month gets underway and the world awaits the onslaught of the new tariffs from the Trump regime tomorrow on April 2nd. The USD is pushing back against most
The post Macro Afternoon appeared first on MacroBusiness.
As was widely expected, the Reserve Bank of Australia (RBA) chose to keep the official cash rate on hold at 4.10% at Tuesday’s monetary policy meeting. However, the decision could be considered a dovish hold and suggests that the RBA has laid the groundwork for a rate cut at the next meeting in mid-May, pending
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Electric vehicles have been heavily subsidised in Australia. A recent analysis by the Institute of Public Accountants estimated that the federal budget has lost approximately $564 million annually in tax revenue due to the Fringe Benefits Tax (FBT) exemption for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). More than 100,000 novated leases for
The Council of Small Business Organisations Australia (COSBOA) launched a campaign on Monday, calling on Labor and the Coalition to lower the company tax rate from 25% to 20% for the 2.6 million businesses with an annual turnover of less than $20 million. Research undertaken by Insightfully for COSBOA found that 69% of voters support
Epiphany plays an outsized role in the reductionist two-step model of invention. Step one is when an idea pops into an inventor’s head, and step two is when the invention spreads in an economy over time.
This model is misleading in numerous ways that would take a book to enumerate. Today’s column focuses on step two, aiming to one piece. How and why do businesses embed the invention in products and services while the invention spreads?
Not that he didn’t hit it earlier, but he is still giving it a pounding. Albert Edwards of Société Générale. The equity market is at a critical level. So too is the wealthier US consumer! Before we kick off, I wanted to highlight what was, from my perspective, the most surprising quote of the week.
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