Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Sink the gas cartel to fix everything

March 27, 2024 - 09:30 -- Admin

Ah yes, the gas cartel: ExxonMobil has hit back at suggestions that tapping into Queensland LNG exports can fix a projected gas shortfall in the southern states, saying there are physical pipeline constraints that underscore the need to develop local supplies in Victoria and NSW. …“One popular idea is to redirect existing production away from

Macro Morning

March 27, 2024 - 09:00 -- Admin

Overnight saw another weak session for Wall Street despite some solid domestic data as consumer confidence fell back slightly but still higher than expectations with European stocks leading the way instead on the lower Euro. The USD rose slightly against all the currency majors with the Australian dollar still struggling as it failed to make

Aussie housing calamity turns Chinese building rout

March 27, 2024 - 08:54 -- Admin

Another one bites the dust: A national building company that collapsed earlier this month owes $29.7 million to creditors. News.com.au previously reported that a group of companies linked to a major building firm with construction sites spanning across four Australian states had gone into administration and had paused all work. Rork Projects (Holdings) Pty Ltd, Rork

Who brainwashed the Millennials?

March 27, 2024 - 00:10 -- Admin

Within the present flux of Australian ideologies, the one worldview I struggle to identify with most is that dogging Millennials. At least within their media representatives, the progressive mindset that defines the generation appears to be the culmination of decades of Hegelian dialectical evolution. Hegel’s thesis of master and slave philosophy proposes (rightly, in my

International student numbers soar, crushing renters

March 27, 2024 - 00:05 -- Admin

Abul Rizvi posted the below Tweet on Monday noting that international students in Australia likely hit an all-time high 700,000 in February: This follows net permanent and long-term arrivals smashing records in January, pointing to even higher net overseas migration: Newly released data from the Department of Education shows that there were a record 582,636

Macro Afternoon

March 26, 2024 - 17:00 -- Admin

Asian share markets are still absorbing the outcome of last week’s volatility without a solid lead from Wall Street as the USD and bond yields continue their see-saw inversion. The still relatively high USD continues to weigh on risk sentiment as the Australian dollar has remained depressed just above the 65 handle. Oil prices are

Another poor poll for Albo’s Labor

March 26, 2024 - 14:00 -- Admin

On Monday, Newspoll released polling showing that Labor’s primary vote had collapsed to a record low: Now, Roy Morgan has released polling showing that the Coalition and Labor are neck-and-neck at 50% on a two-party preferred (TPP) basis, while the Coalition is ahead 38% to 31.5% on primary vote. “Support for the ALP was down

Pages