Blogotariat

Applications open for a spot on the grid in the Central West Orana REZ, while bids to open soon in second zone in south-west.

Australians have experienced one of the largest increases in mortgage rates in the world: We have also experienced the largest rise in debt servicing costs: The reason should be obvious: Australia has one of the highest concentrations of variable rate mortgages in the world, whereas our fixed rate mortgages are typically of short duration (i.e.

The post RBA delivers huge rise in mortgage stress appeared first on MacroBusiness.

Dr Ken Henry, former Treasury Secretary, recently urged comprehensive reform of Australia’s taxation system in a speech to the Australian National University. Henry stated that the current over-reliance on personal income tax places an undue burden on young people while also pricing them out of the property market. This, Henry claimed, will ultimately result in

The post Australian workers drown in taxes appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) has released the consumer price index (CPI) for the March quarter, which recorded a headline inflation rate of 1.0% over the quarter and a rate of 3.6% over the year: Trimmed mean inflation also rose by 1.0% over the quarter to be up 4.0% in the year to March

The post Aussie CPI inflation shocks economists appeared first on MacroBusiness.

As we know, Australia’s rental vacancy rate has collapsed to an all-time low amid record immigration-driven population growth and falling housing construction. New data from PropTrack shows that rental listings have collapsed across the nation. In March 2024, the number of newly advertised properties for rent was 13.7% lower than a year earlier and new

The post Australian rental supply collapses appeared first on MacroBusiness.

Victoria has the lowest share of social housing in Australia, making up only 3% of total residences. That is far lower than the national average of 4.2%, already considered poor by global standards. The Guardian revealed last month that Victoria’s homelessness situation is the worst in the country and continues to worsen. “Victoria still has

The post Victoria’s working poor driven into homelessness appeared first on MacroBusiness.

WHILE PANIC IS SETTING IN THE “WESTERN WORLD”. WE MUST KNOW THAT THE WESTERN HEGEMONY IS MAINLY THE ANGLO/SAXON CULTURAL/CONTROL/GRAB PENETRATION Of THE HUMAN PLANET.

THE ENGLISH DEFEATED NAPOLEON AND THE ENGLISH/AMERICANS DEFEATED THE GERMANS, THEMSELVES NOW WELL-TACKED TO THE ANGLO/SAXON HEGEMONY. 

THIS ENGLISH HEGEMONY STARTED WAY BACK IN THE MIDDLE AGES WITH THE CONQUESTS OF COLONIALISM, UNASHAMEDLY CALLED “THE BRITISH EMPIRE” NOW THE “AMERICAN EMPIRE”. 

DXY faded with safe havens: AUD powered out of the Israel/Iran phony war: It won’t get far without North Asia: Oil firmed, and the golden whale was harpooned: No landing metals puked: Miners meh: EM meh: Junk was mixed: Yields are waiting: Stocks loved the phony war: We are off to see the Wizard of

The post Australian dollar powers out of phony war appeared first on MacroBusiness.

Rebar and SGX futures rolled yesterday: Dalian was weak too: It’s all looking pretty shaky: The momentum of steel consumption in the world’s second-largest economy since early April has slowed down after some southern regions in China were hit by earlier-than-expected rains. “Steel consumption was suppressed in the short term as rainy weather hit southern

The post Iron ore rally dies appeared first on MacroBusiness.

It’s time we face reality. The Albanese government must sacked at the first available opportunity. I know the alternative is a corrupt bollard with a trail of complete losers. But that is a by-the-by for the future. Today we must face the problem we know, and its name is Albo, the worst PM since Federation.

The post Time to face facts: Albo is destroying Australia at lightening speed appeared first on MacroBusiness.

One wonders how the Australian mainstream media will react to the news that India, the so-called biggest democracy in the world, has thrown out ABC correspondent Avani Dias from the country.

For some reason, that line from Weapons of Choice has stayed with me all these years later. We didn’t get there of course, but I guess we’re on the way.

From Austal’s website yesterday.

In a noteworthy development within the Australian maritime sector, the collaborative Patrol Boat Autonomy Trial (PBAT) project has successfully completed Sea Acceptance Trials (including Endurance Trials) of the remote and autonomously operated vessel, Sentinel.