Blogotariat

Oz Blog News Commentary
Your Democracy Saturday, June 28, 2025 - 06:32 Source

The Daily Mail has revealed that the grandfather of Blaise Metreweli, who is expected to become the first woman to lead the UK’s foreign intelligence service (MI6), was a Nazi collaborator who oversaw atrocities in occupied Ukraine.

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MacroBusiness Saturday, June 28, 2025 - 00:05 Source

International Reading: Trump Sends Dollar Plunging With Plan to Turn Federal Reserve MAGA – The Daily Beat Gen X is the least financially secure generation – Independent Cargo ship carrying 3,000 vehicles, including 800 EVs, sinks in the Pacific Ocean – Live Mint US economy shrunk faster than expected, new data shows – The Hill

The post Weekend reading and media appearances appeared first on MacroBusiness.

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Your Democracy Friday, June 27, 2025 - 19:38 Source

Suddenly, nothing grew

The crops around the planet died

The air went dry without dew

The wind carried sands that fried

Hot like a Venusian summer

Cold like a Martian winter

 

What happened asked rat number two

Rat number one could not answer

He was dead as two would soon be too

 

We’re completely out of luck

Number two thought, barely cogent

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The Tally Room Friday, June 27, 2025 - 18:28 Source

Nominations were announced today for the Tasmanian state election. After record-sized ballot papers at the previous election in 2024, they will shrink slightly in 2025. There will be fewer columns on the ballot paper, along with larger fields of ungrouped independents. While ballot papers will be smaller than in 2024, they will still be some of the largest seen in recent decades.

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George Monbiot Friday, June 27, 2025 - 16:35 Source

A massive new road scheme will solve precisely nothing, while costing the Earth.

By George Monbiot, published in the Guardian 24th June 2025

There appear to be two main determinants of what infrastructure gets built. The first is whether it provides large and lucrative contracts for powerful corporations. The second is whether ministers can pose beside it in hard hats and yellow jackets. Otherwise, it is hard to explain the decisions made.

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MacroBusiness Friday, June 27, 2025 - 15:00 Source

Share markets in Asia are again failing to follow the ebullient mood on Wall Street with the latest industrial production numbers in China disappointing while Japanese core inflation numbers are still relatively high, giving the Nikkei a boost above the 40000 point level. The USD is still falling across the board except against gold with

The post Macro Afternoon appeared first on MacroBusiness.

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MacroBusiness Friday, June 27, 2025 - 14:00 Source

On Wednesday, the rush to the bottom by Australian policymakers to pump housing demand entered yet another chapter, this time with multiple state government’s taking their turn. At the federal election, the Albanese government promised a 5% deposit scheme that would cover the overwhelming majority of first home buyers. This comes in spite of the

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MacroBusiness Friday, June 27, 2025 - 13:30 Source

A 2024 report by the Penington Institute claimed that cannabis has become an integral part of the criminal economy, representing a $5 billion black market in Australia that generates massive profits for transnational gangs. “It’s shocking … how integrated it is to criminal networks. It’s an own goal for us. Police are already really busy.

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MacroBusiness Friday, June 27, 2025 - 13:00 Source

I love iron ore sometimes. They are so hopeful. None more so than Mineral Resources as the doomed firm unveils its latest glorious folly. AFR. It’s the remote Pilbara iron ore project that has the market divided. Now, two years after first breaking ground at Ken’s Bore, Mineral Resources is out to spruik its flagship

The post MinRes Putt Putts its way to hell appeared first on MacroBusiness.

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MacroBusiness Friday, June 27, 2025 - 12:30 Source

Last week, CBA economist Harry Ottley reported on the quarterly labour market account from the Australian Bureau of Statistics (ABS), which showed that 60% of the nation’s job growth since the beginning of the pandemic has come from the non-market (government-aligned) sector. Over the past two years, the non-market sector accounted for 80% of jobs created.

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