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MacroBusiness Tuesday, October 29, 2024 - 11:30 Source

Build-to-rent (BTR) projects are large-scale residential developments, generally consisting of high-rise apartment blocks, in which all homes are owned and managed by a single business and rented out over a medium- to long-term period. BTR differs from the traditional build-to-sell model, in which a developer constructs an apartment complex and then sells off each individual

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MacroBusiness Tuesday, October 29, 2024 - 11:00 Source

Data from the Department of Education shows there were a record 464,749 international students enrolled in Australian universities in the year to July 2024: While international enrolments have boomed, domestic enrolment applications collapsed to a decade low at the start of 2024: Meanwhile, new analysis from the Institute of Public Affairs (IPA) shows that 25.4%

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Your Democracy Tuesday, October 29, 2024 - 10:54 Source

When Russia launched its full-scale invasion of Ukraine two years ago, President Biden's response was stronger and swifter than many expected. 

"I think Biden surprised the world. He certainly surprised the Russians by his decision to create a broad democratic alliance to defend Ukraine," said Anne Applebaum, an author and historian who writes extensively on the war. 

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MacroBusiness Tuesday, October 29, 2024 - 10:30 Source

The Albanese government promised to cut immigration to support wages. It promised a functional National Anti-Corruption Commission. It promised cheaper power bills. It promised more affordable housing. It has done the complete opposite of all of these things and now it’s readying another opposite-day play: Treasurer Jim Chalmers says there will be no cost-of-living “free-for-all”

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MacroBusiness Tuesday, October 29, 2024 - 10:00 Source

Former Treasurer Peter Costello hit back at calls to curb property tax concessions, namely negative gearing and the capita gains tax discount (CGT). Costello introduced the 50% CGT discount in 1999 and defended the current tax settings in a speech last week to the Property Council of Australia’s annual congress in Townsville. “Interest on borrowings

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The Tally Room Tuesday, October 29, 2024 - 10:00 Source

The Electoral Matters Committee of the Victorian parliament has launched an inquiry into the structure of the Legislative Council.

The inquiry is not seeking submissions on group voting tickets, but the inquiry is related to the push to abolish GVTs because such a change would likely stop a number of small parties from winning seats. A change in the regional structure could allow for a broader range of parties to win.

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MacroBusiness Tuesday, October 29, 2024 - 09:30 Source

SHFE is going a second leg: With Dalian futures: The hope is captured by Goldman: NPC meeting November 4-8: The much anticipated bi-monthly National People’s Congress (NPC) standing committee meeting will take place during November 4-8. We expect the NPC to approve RMB1-2tn additional ultra-long-term central government special bond (ULT CGSB) issuance quota. In the

The post More iron ore hope appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 29, 2024 - 09:00 Source

Last night was relatively calm for global risk markets although oil prices continued to fall from their weekend gap as Wall Street braces for a new round of earnings reports and the economic calendar begins to get busier in the latter half of the week. US stocks were able to close slightly higher while European

The post Macro Morning appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, October 29, 2024 - 08:41 Source

Oxfam Australia Media Release In reaction to the Knesset passing bills banning UNRWA from operating in areas under Israel’s control, Sally Abi Khalil, Oxfam Regional Director in the Middle East and North Africa said: “Israel has bombed Palestinians to death, maimed them, starved them, and is now ridding them of their biggest lifeline of aid.…

The post Oxfam reaction to Knesset decision appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, October 29, 2024 - 07:31 Source

Planet Ark Media Release Fewer than half of all Australians believe any level of government is adequately supporting recycling improvements, new research from Planet Ark has revealed. Just 43 per cent of those surveyed agreed that the federal government was doing enough to increase recycling rates nationally, while 44 per cent agreed their state government…

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Your Democracy Tuesday, October 29, 2024 - 07:31 Source

Former President Donald Trump called Kamala Harris a "sh** vice president" and implied golfer Arnold Palmer was well-endowed during a rambling Saturday rally in Pennsylvania that capped off a tumultuous week on the campaign trail.

Speaking in Latrobe, Pa., where Palmer was born, Trump delivered a lengthy monologue about the late golfer's life story and praised him as "all man," including an off-color joke about Palmer's anatomy.

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MacroBusiness Tuesday, October 29, 2024 - 07:23 Source

DXY is stable: AUD only goes down, though we should note that its uptrend is still intact: North Asia returns from whence it came: Goldmania, oilmageddon: Metals should follow the latter: Miners struggling: EM struggling: Junk nervous: Yields up, which is silly given oil. This trade is getting old: Stocks up: The runaway DXY is

The post Australian dollar only goes down appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 29, 2024 - 07:00 Source

This month’s final auction results for Sydney are the worst for the year with only 60% of homes selling under the hammer. Following the weekend’s soft results, SQM Research managing director, Louis Christopher, declared that Sydney faces a mild correction whereby prices could fall by 5%. “It was another soft weekend, possibly even softer than

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Your Democracy Tuesday, October 29, 2024 - 06:44 Source

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