Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Essential poll: Voters reject company tax cut and mass immigration

February 22, 2018 - 09:30 -- Admin

By Leith van Onselen The latest Essential Poll shows that Australian voters do not buy the spruiked economic benefits around cutting the company tax rate or increasing immigration. From The Guardian: It’s interesting to reflect on what is accepted and what is not. Where the proposition is about trickle-down economics, we are sceptical. Yet when

The post Essential poll: Voters reject company tax cut and mass immigration appeared first on MacroBusiness.

Macro Morning

February 22, 2018 - 09:18 -- Admin

By Chris Becker Uncertainty is ruling risk markets once more as interest rate normalcy reared its ugly head again overnight with the release of the FOMC minutes, sending the USD and Treasury yields higher. Lingering concerns about the lack of inflation are impacting stocks with the three major US bourses all falling in response taking

The post Macro Morning appeared first on MacroBusiness.

Young Lib: To save Australian youth, we must destroy it

February 22, 2018 - 09:00 -- Admin

From Harry Stutchbury is the president of NSW Young Liberals: Former Prime Minister Tony Abbott’s claim that the rate of immigration has led to stagnant wages, unaffordable housing and clogged infrastructure is an inaccurate and populist appeal that doesn’t address any of the real problems facing Australia. Abbott attributes immigration as a cause of higher house prices in

The post Young Lib: To save Australian youth, we must destroy it appeared first on MacroBusiness.

Australian dollar dragged into the yield spread abyss

February 22, 2018 - 06:58 -- Admin

The Australian dollar peak looks well and truly in: The driver of weakness is the plunging yield spread to the USD which hit new wides across the curve last night as lousy Australian wages and confident Fed collided: The five year spread is approaching record lows. The ten year spread is now at -8bps, its

The post Australian dollar dragged into the yield spread abyss appeared first on MacroBusiness.

Casual Fed launches stocks

February 22, 2018 - 06:36 -- Admin

DXY mostly held up  last night: AUD was universally weak: Gold firmed: Brent held on: Base metals were mixed: Big miners bounced: EM stocks too: And junk: US yields lifted, the curve flattened: Bunds went the other way: Stocks roared: Europe is slowing materially from tearaway speeds:  Flash Eurozone PMI Composite Output Index(1) at 57.5

The post Casual Fed launches stocks appeared first on MacroBusiness.

Casual Fed launches yields, USD

February 22, 2018 - 06:36 -- Admin

DXY mostly held up  last night: AUD was universally weak: Gold firmed: Brent held on: Base metals were mixed: Big miners bounced: EM stocks too: And junk: US yields lifted and the curve steepened: Bunds went the other way: Stocks roared: Europe is slowing materially from tearaway speeds:  Flash Eurozone PMI Composite Output Index(1) at

The post Casual Fed launches yields, USD appeared first on MacroBusiness.

Coalition sets its course for immigration suicide

February 22, 2018 - 00:25 -- Admin

Well, folks, we’ve done our best to turn the immigration debate (and will continue to do so) but it appears that for now we have failed: Immigration Minister Peter Dutton has dismissed Tony Abbott’s calls to cut Australia’s migration numbers by 80,000 a year, saying the current settings are right. …Addressing the National Press Club

The post Coalition sets its course for immigration suicide appeared first on MacroBusiness.

Barnaby plays the pity card

February 22, 2018 - 00:24 -- Admin

God save me from politics: Barnaby Joyce and his pregnant partner Vikki Campion claim they have been hounded out of their rent free apartment, and fear their baby son will be viewed “somehow less worthy than other children”. In an exclusive interview with Fairfax Media in Armidale a fortnight after their relationship was exposed, the

The post Barnaby plays the pity card appeared first on MacroBusiness.

More cuts for Domainfax

February 22, 2018 - 00:20 -- Admin

Further journalism downside coming: Fairfax Media chief executive Greg Hywood will look for efficiencies in the publisher’s newspaper business after a further decline in print revenues, while outlining plans to shut down one-third of the company’s New ­Zealand print titles. The head of The Sydney Morning Herald, The Age, and Australian Financial Review said he

The post More cuts for Domainfax appeared first on MacroBusiness.

Real private sector wages are stuck in the donut zone

February 22, 2018 - 00:20 -- Admin

By Leith van Onselen Yesterday’s wages price index released by the ABS revealed a modest rebound in wages growth, driven by the public sector: When adjusted for underlying inflation, real wages increased by a measly 0.2% in the year to December: However, there is a big disconnect between the private and public sectors. The private

The post Real private sector wages are stuck in the donut zone appeared first on MacroBusiness.

Pages