Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Eclipsing petty microeconomics

August 21, 2017 - 09:34 -- Admin

by Chris Becker There’s going to be a total solar eclipse across most of the continental United States today (well, their today, we’ll all be asleep) and given the uniqueness of the event, there’s been some hyperbowl and superbowl like reporting on it. This one takes the cake though. A consultancy firm reckons the eclipse

The post Eclipsing petty microeconomics appeared first on MacroBusiness.

Frydenberg claims success in pushing down energy costs

August 21, 2017 - 09:21 -- Admin

From Energy Minister Josh Frydenberg: It is not realistic to expect the return to $3-$4/gigajoule that Australians enjoyed less than a decade ago. The creation of an export market on the east coast means that our domestic prices are linked to those overseas, just as they are for other internationally traded commodities such as iron

The post Frydenberg claims success in pushing down energy costs appeared first on MacroBusiness.

Macro Morning (Trading Week)

August 21, 2017 - 08:43 -- Admin

By Chris Becker  Volatility continues across risk markets, this time shifting from the North Korean tensions to the Trump tensions, namely the realisation that the Republican Congress ability to enact any meaningful legislation is evaporating. This has taken the floor out under US stocks, and the USD as a result as the key driver of bull

The post Macro Morning (Trading Week) appeared first on MacroBusiness.

Canberra is now one giant control fraud

August 21, 2017 - 00:25 -- Admin

Via Paul Kelly: When a parliament is discredited the presiding government usually pays a fatal price. The current parliament is discredited and dysfunctional on fiscal, legal and symbolic grounds, our democracy continues to be damaged and the decline in trust in our institutions is intensifying. Just as the Tony Abbott-led opposition in 2010-13 was pivotal

The post Canberra is now one giant control fraud appeared first on MacroBusiness.

Trump fires a fall guy, now what?

August 21, 2017 - 00:20 -- Admin

DXY fell Friday night: AUD was up against DMs: But down against EMs: Gold was up a bit: Brent roared as the US rig count fell: Base metals were mixed: EM stocks firmed: High yield was mixed: Big miners stable: US yield edged up: Not European: Stocks edged down: The White House conflict is over

The post Trump fires a fall guy, now what? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

White House sheds its nationalists

August 21, 2017 - 00:20 -- Admin

DXY fell Friday night: AUD was up against DMs: But down against EMs: Gold was up a bit: Brent roared as the US rig count fell: Base metals were mixed: EM stocks firmed: High yield was mixed: Big miners stable: US yield edged up: Not European: Stocks edged down: The White House conflict is over

The post White House sheds its nationalists appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

NZ election boilover builds as housing and immigration turn tables

August 21, 2017 - 00:20 -- Admin

From Interest: The Labour Party’s rise and the Green Party’s fall from grace has been reflected in the second major poll since Jacinda Ardern and Metiria Turei’s diverging fortunes caught political attention in recent weeks. The latest 1 News Colmar Brunton poll alarmingly shows the Greens at 4.3% – below the 5% threshold needed to enter Parliament

The post NZ election boilover builds as housing and immigration turn tables appeared first on MacroBusiness.

Kouk attacks immigration-led labour market

August 21, 2017 - 00:19 -- Admin

Via The New Daily: It is a sad state of affairs to realise that the current crop of Australian policy-makers have effectively given up on reducing unemployment. Treasury reckons that the lowest the unemployment rate can go without there being a wages and inflation breakout is around 5.25 per cent. The Reserve Bank of Australia

The post Kouk attacks immigration-led labour market appeared first on MacroBusiness.

Irvine dines out on your shrinking wage

August 21, 2017 - 00:18 -- Admin

From Jess Irvine today: I remember attending an economics conference in Canberra in late 2011 where two esteemed Australian economists, Bob Gregory and Ross Garnaut, both warned Australian households to brace for a decline in living standards at the end of the mining boom. …In a 2012 paper, Gregory explained: “In peace time, and over

The post Irvine dines out on your shrinking wage appeared first on MacroBusiness.

Pages