Black Dog Institute Media Alert A landmark Lancet Commission report reveals cultural and societal issues are driving an increase in self-harm, underscoring the urgent need for governments to address this crisis. Over the last five years, a global team of more than 40 experts has brought together new perspectives on self-harm, bringing knowledge from those…
China fanboi, James Curran, has wasted no time in trashing the national interest. …opposition foreign affairs spokesman Simon Birmingham, urge Albanese to take the drastic step of recalling Kevin Rudd, Australia’s ambassador to the US. This assumes that, due to critical comments he made of Trump some years ago, Rudd will find Trump’s White House
The Reserve Bank of Australia’s (RBA) November Statement of Monetary Policy (SoMP), released on Tuesday, stated that Australian housing prices had risen despite higher interest rates because of robust population growth (read immigration). “Population growth over the tightening phase has contributed to increased demand for housing, which (combined with a lack of new supply) has
SHFE didn’t panic yesterday. Dalian was not so good overnight. What does China do now with 60-100% Trump tariffs imminent and its demographic construction engine fading? We will know in a few days. It will surely have to turn more of its stimulus to domestic demand, not just derisking. However, I still don’t expect a
The post Trump adds chill to iron ore ice age appeared first on MacroBusiness.
Bloomberg has smashed the recalcitrant RBA: Australia truly is an island. When it comes to monetary policy, the country is at risk of becoming a serious — and embarrassing — outlier. The global cycle of interest-rate cuts is well advanced and inflation looks beaten. Yet you wouldn’t know it from the words and actions of
The post Bloomberg shoots down RBA bullhawks appeared first on MacroBusiness.
As the world awakes to the new United Fascist States of America, US stock markets have soared alongside the USD on the Trump/GOP clean sweep while European shares retreated. The election outcome is fraught with opportunity in all risk markets with volatility likely to continue in the coming days as traders reweight the new world
The post Macro Morning appeared first on MacroBusiness.
I did surprisingly well yesterday in not following the news. Honestly, it turned out to be easier than I expected once I had a sense of what was actually happening. I’m not sure I’ll be following the news for the next couple of weeks—maybe even the next four years.
The key macroeconomic data for Australia shows that this century’s immigration boom has been deleterious to the nation’s productivity and living standards. The following chart plots Australia’s long-run trend per capita GDP growth against labour productivity (GDP per hour worked) and the immigration rate (net overseas migration as a share of the population). Clearly, productivity
DXY whoa! AUD was hammered but bounced into Chinese stimmies: North Asia is now a race to the bottom: Oil and gold are stranded. The latter has a long history of up the escalaor and down the lift: Dirt hosed: Miners too: And EM: Junk is not out of the woods: As yields price out
The post Australian dollar crushed by American boom appeared first on MacroBusiness.
Donald Trump has been declared the winner of the 2024 presidential race, prompting a meltdown in the Kamala Harris camp and the US corporate media – who are struggling to understand what went wrong.
Wall Street analyst Charles Ortel gives the top three reasons behind Trump's victory:
I do love my morning beach walks. Between 6 and 7, ride the bike down to the beach, greet the various regulars down there, James collecting bits of glass washed up overnight among the shells, Rob and Luke, taking the dogs for a run, Janet likes a swim before heading off to work. The wildlife…
The post How Bad (or Good) is it Today? appeared first on The AIM Network.
If scientific fraud represents five per cent of scientific papers, we might well expect that we have a great deal of philosophic fraud as well. But in philosophy, how can we detect the fraudsters?
The war of words between the Albanese government and the Reserve Bank of Australia (RBA) over inflation and interest rates is heating up. Following last week’s decline in headline CPI, Treasurer Jim Chalmers celebrated that inflation was now within the RBA’s target range. Prime Minister Anthony Albanese told a business dinner on Wednesday that inflation