Former senior immigration department bureaucrat Abul Rizvi posted an article in Independent Australia where he explained how the Albanese government secretly increased the permanent migrant intake well above the official published level. Rizvi showed how Labor “has significantly increased the size of permanent migration compared to the situation pre-pandemic (see Table 3)”. A time series
In 2013, the Grattan Institute, under the energy policy leadership of former Origin Energy executive Tony Wood, lobbied hard against an East Coast domestic gas reservation policy: Grattan also lobbied for Western Australia to remove its gas reservation policy: The federal government listened to Grattan as well as other lobbyists and failed to implement an
The ferrous complex continues to weaken as steel mill margins collapse. Production must be cut. It is a little bit. Demand is still funky. The newsflow is about piles of ore. One for the Pilbara killer. Rio Tinto has stockpiled 2 million metric tons of high-grade iron ore at its Simandou project in Guinea for
The post Pilbara killer and BHP iron ore pile up appeared first on MacroBusiness.
Victoria disease is the phenomenon of a permanent Labor government leading to a mass-immigration-led economy without the aforethought of appropriate supply-side expansion to accommodate it. This economic model crush-loads public services amid fiscal wreckage, crowds out private sector growth, triggers housing perma-crisis, falling living standards and disenfranchised violence. Symptoms are everywhere. Private security guards patrolling
A possible change in sentiment from the Trump regime towards China gave Wall Street a boost on Friday night with the TACO trade now in full swing. Meanwhile the USD saw a small reversal in its recent decline as Yen and Euro weakened slightly while the Australian dollar came back a little, managing to almost
The post Macro Morning appeared first on MacroBusiness.
In the workshops of the Ruhr, where the fire of blast furnaces was once considered Europe’s eternal companion, today reigns a cold more expensive than any raw material. An economic pause has descended in icy silence. A tombstone rests on the grave of industrial greatness, signed by Europe’s own leaders.
Whether it’s the Israeli Government, an international peacekeeping force, or a post-conflict reconstruction authority for Gaza chaired (grotesquely) by Donald Trump, the fate of Palestine still rests in the hands of outsiders.
The Gaza, the one that existed on the morning of October 7 is gone, decimated by months of saturation bombing, shelling, bulldozing and controlled demolitions. All that was familiar when I worked in Gaza has vanished, transformed into an apocalyptic landscape of shattered concrete and rubble.
Requiem for Gaza
By Chris Hedges
US President Donald Trump has mocked the ‘No Kings’ protests, sharing several AI-generated videos on Truth Social, including footage of himself dumping what appears to be feces on the crowds.
A wave of protests against the Trump administration hit the US on Saturday, with massive demonstrations held at more than 2,500 locations across the country.
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.
The Albanese government’s Housing Accord, signed with the states at National Cabinet in 2023, set a target to build 1.2 million homes over the five years from FY2025 to FY2029. This target requires 240,000 homes to be built annually. The Australian Bureau of Statistics (ABS) last week released dwelling construction data for the June quarter
British Prime Minister Keir Starmer has urged European leaders to hatch a peace plan for Ukraine “along the lines”of US President Donald Trump’s Gaza scheme, Axios has reported, citing sources.
I know a few people in Europe who deliberately ignore the events that are shaping the future. They also ignore the historical origins of these events… For these lucky people, the future is inked in what we decide to do and to be, without the “big picture”. Be nice to other people, do not rock the boat and enjoy the sun while on holiday. It works.