Blogotariat

On Thursday, I gave our weekly Treasury of Common Sense interview on Radio 2GB with Luke Grant. This week’s interview covered the latest inflation results and the interest rate outlook. I also explained how the RBA’s war on inflation is effectively a war on younger Australians. They are bearing the brunt of the interest rate

The post RBA wages war on younger Australians appeared first on MacroBusiness.

CSIRO News Release A new report by CSIRO, Australia’s national science agency, shows existing technologies will enable Australia to halve emissions by 2030 from 2020 levels, under a rapid decarbonisation scenario led by a renewable electricity sector.  The report, Pathways to Net Zero Emissions – An Australian Perspective on Rapid Decarbonisation, emphasises that an accelerated…

The post Rapid decarbonisation can steer Australia to Net Zero before 2050 appeared first on The AIM Network.

DXY was down Friday night: AUS is arcing towards 70 cents: Gold is at an all-time high: Copper is bid: Miners gapped: Very atypically, EM sat it out: Though junk is pointing it all up: As the end of cycle bear steepening is here: Even stocks managed a half-bid: Classic reflation dynamics as the US

The post Australian dollar turns pure gold appeared first on MacroBusiness.

Within my social media circle and in the news reporting I read, there is growing support for the view that Dutton and the LNP are ripe to win the next election. This assumption is based on views that Labor has done nothing about the cost of living or that Prime Minister Albanese travels too much…

By Gareth Aird, head of Australian economics at CBA. Key Points: We expect the RBA to leave the cash rate on hold at 4.35% at the December Board meeting. We ascribe a 90% chance to no change and a 10% probability to a 25bp increase (we consider the risk of any other move to be

The post RBA to ‘hold the line’ on interest rates appeared first on MacroBusiness.

Okay. Not all of them. Just three. But they’re very ‘splodey.

Recently, the issue of “Publish-or-Perish” has come back onto the Australian science policy agenda, with the Chief Scientist, Dr Cathy Foley, saying that existing narrow research metrics are creating a “Publish-or-Perish” culture, perversely incentivising researchers to “publish iteratively”, chasing publication volume and citations rather than quality research.

The Treasury has issued a consultation paper as part of the government’s process of developing a policy on tackling internet scams.

In the paper, the Treasury and the Department of Communications say:

“The government has committed to introduce new mandatory industry codes to outline the responsibilities of the private sector in relation to scam activity, with a focus on banks, digital communications platforms and telecommunications providers.

Albo’s wildly out-of-control mass immigration program is now killing Ambos: One in 12 NSW Ambulance employees has, or has had, a WorkCover claim for a psychological injury in the past two years, with those on the road saying it is the “guilt of patients dying” due to “an overburdened health system” that is making them

The post Quantitative peopling turns Ambos into casualties appeared first on MacroBusiness.

The Age this week published the below chart showing the dramatic surge in retail vacancy rates across Melbourne’s strip shops: As shown above, Melbourne’s vacancy rate has risen from around 3% in the late 2010s to around 10% currently. The article notes that “on Chapel Street and Bridge Road in Richmond, the vacancy rate is

The post Has Amazon killed the strip mall? appeared first on MacroBusiness.

TS Lombard with the terrifying analysis. November consumer sentiment as tracked by the Conference Board was released and the spread between present and future expectations point to recession, perhaps one is already underway yet undated (doubtful). Overall sentiment increased, but because of an unusual downward revision of October’s number to 99 from 102, making the

The post Unhappy Americans point to Trump victory appeared first on MacroBusiness.

By Stephen Saunders Worried about misinformation? Worry about federal departments and agencies hyping UN “net zero” emissions, while institutionalising mega migration.  Nominally, the educated and moneyed cheer-squads for Big (now Huge) Australia are arm’s length from the federal government. These include state premiers, industry/developers, unions/employers, universities/scientists, economists/planners, media and “think” tanks, migration lobbyists, organised religions.