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MacroBusiness Tuesday, November 5, 2024 - 14:54 Source

The Reserve Bank of Australia (RBA) has categorically ruled-out rate cuts in the short-term, noting in Tuesday’s monetary policy statement that “underlying inflation is too high” and that “labour market conditions remain tight”. Alex Joiner, chief economist at IFM Investors, has highlighted the key bits from its Monetary Policy Statement: Joiner notes that “the clear

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The Australian Independent Media Network Tuesday, November 5, 2024 - 14:31 Source

Monash University Media Release Monash University’s multi-award-winning podcast, What Happens Next?, examines artificial intelligence and its impact on reality in its latest two-part series. Hosted by Dr Susan Carland, the episodes explore how AI and related technologies are reshaping our understanding of truth, political discourse and social consensus ahead of major electoral events including the…

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MacroBusiness Tuesday, November 5, 2024 - 14:00 Source

It may have never crashed an aircraft, but Qantas is crashing a prime minister. Tin-eared Klepto is far behind the curve: A growing number of politicians say there’s a case for banning flight upgrades for personal travel – ­either solicited by an MP or ­offered by the airline – increasing pressure on Anthony Albanese and Peter Dutton

The post Albo minced in Qantas jet engine appeared first on MacroBusiness.

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Your Democracy Tuesday, November 5, 2024 - 13:48 Source

https://www.youtube.com/watch?v=r3_xRGoJqpU

'The Five' not silent about Kamala Harris going mum on Trump

 

The co-hosts of 'The Five' take a closer look at Vice President Harris opting to no longer mention Trump by name in rallies in the final hours before Election Day.

 

 

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MacroBusiness Tuesday, November 5, 2024 - 13:30 Source

The robots have done it again. The Market Ear with more. Revisiting the SPX wedge We broke below the rising wedge last week. Note the SPX is “dancing” around the 50 day here. The 5750/5700 (futures) area is short term support. A close below and the next big level comes in at 5500, right where

The post Max long into max uncertain election appeared first on MacroBusiness.

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MacroBusiness Tuesday, November 5, 2024 - 13:00 Source

The latest election polling from Roy Morgan research shows that the upcoming federal election is “too close to call” with the Coalition 51% (up 1.5% points from a week ago) narrowly ahead of the ALP 49% (down 1.5% points) on a two-party preferred basis. This week’s result represented the second consecutive weekly swing to the

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MacroBusiness Tuesday, November 5, 2024 - 12:30 Source

Greg Sheridan says Trump: A Donald Trump presidency would probably be better for Australia than a Kamala Harris presidency. There’s a simple reason for this. America would almost certainly be stronger internationally and project a more credible deterrence under Trump than it would under Harris. …Trump will want to spend more on defence than Harris

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The Australian Independent Media Network Tuesday, November 5, 2024 - 12:29 Source

The BHP Group, as with other mining giants, has much explaining to do in the way it has approached the environment. It has become a master of the greenwashing experiment, an adept promoter of sham environmental responsibility (take, for instance, its practice of merely selling its oil and gas business to Woodside Petroleum in 2021…

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Cheeseburger Gothic Tuesday, November 5, 2024 - 12:25 Source

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MacroBusiness Tuesday, November 5, 2024 - 12:00 Source

Over the weekend, Prime Minister Anthony Albanese announced that the federal government would wipe 20% of student debt if re-elected. Hear it here first: a re-elected Labor Government will wipe 20% off your student debt. pic.twitter.com/EpWUgxTJKE — Anthony Albanese (@AlboMP) November 2, 2024 Numerous economists have rightfully slammed the policy as being unfair and fiscally

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The Australian Independent Media Network Tuesday, November 5, 2024 - 11:30 Source

Exploring Washington DC in late October 2024 was a surreal experience. In New York, Trump was re-enacting the 1939 Nazi rally at Madison Square Gardens. Centrist commentators on MSNBC debated the fact that notably reticent generals were agreeing that Trump was a fascist-leaning threat to the USA. Meanwhile the sun shone benignly on a calm…

The post Washington Twilight appeared first on The AIM Network.

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