Greens leader Larissa Waters gave a wide-ranging interview, declaring that the environment is in the party’s DNA and will remain a key focus. “Yes, of course, we formed originally out of the environment and climate movement and, yes, that’s in our DNA”, she said. Waters’ declaration comes amid the backdrop of the party’s immigration policy,
Westpac on monthly inflation. The Monthly CPI Indicator gained 2.4% in the year to April, stronger than Westpac’s estimate of 1.9%yr and just a touch more than the market’s estimate of 2.3%yr. There was a reasonably wide range of estimates this month, from a high of 2.6%yr to a low of 1.9%yr. The CPI Indicator
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Remember that time I was supposed to be writing a very serious history of Sydney and I started messing around with a time-travelling aircraft carrier, and that turned into Weapons of Choice? Yeah so, whoops, I did that again. This time I stumbled into something that surprised even me.
Spy-romance novels.
Nick Reece, Melbourne’s Lord Mayor and prominent promoter of mass immigration, believes he has the solution to the city’s housing crisis and failing economy: more migrants and international students. Late last year, Reece announced that he was actively canvassing Chinese and Indian companies to open headquarters in Melbourne, citing the city’s large Indian and Chinese
We are now getting to the point in the election count where all of the primary votes appear to have been counted. We don’t have all the preference data yet – Bradfield is obviously still in play, the two-party-preferred count is not quite complete, and we don’t have 3CP or distribution of preferences data outside of Calwell. But now that we know how many votes were cast, we can analyse the level of turnout, and how many people voted early, and voted with a particular voting method.
DXY is hanging on again. AUD is still grinding up but failing to launch Leads boots are climbing Gold and oil shaky. Metals no bueno. EM meh. Junk all clear. Yields eased. Stocks eased. It is a strange new world in which both DXY and AUD are heavily shorted so both may climb at any
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The release of a set of “real” FOMC minutes sent Wall Street lower overnight as the Fed reiterated its fears about a US recession in the wake of the Trump regime’s tariffs, even with all the TACO drippings that seem to follow each new threat and bluster. The real effect on isolation of the US
The post Macro Morning appeared first on MacroBusiness.
The following chart from Alex Joiner from IFM Investors shows how average Australian mortgage sizes have chased home prices higher. There is an element of ‘chicken and egg’ on display here. Higher home prices require borrowers to take out larger mortgages, whereas people taking out bigger mortgages bid prices higher. Higher home prices combined with
In the early 2000s, the federal Labor government made the disastrous decision to allow the export of liquefied natural gas (LNG) from Queensland without forcing gas companies to first supply Australians. Gary Grey, the then-Federal Resources Minister under the Gillard/Rudd Labor governments, argued that domestic gas reserve policies create uncertainty and discourage investment, pitting the
