MacroBusiness
Wednesday, December 4, 2024 - 06:30
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The energy crisis continues to build. Gas supplies across the east coast must be “carefully managed” if the fuel source is needed to support higher electricity demands over a hotter-than-average summer, the energy market operator has warned, conceding it may have to cancel maintenance work on transmission lines to make the grid more reliable. …Energy Edge managing The post LNG imports will crash house prices appeared first on MacroBusiness. |
Renew Economy
Wednesday, December 4, 2024 - 06:05
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Your Democracy
Wednesday, December 4, 2024 - 05:58
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Amid the welter of commentary and post-mortems among Democrats to explain Kamala Harris’ loss to Donald Trump, there is one theory that has received widespread acceptance. The Democrats made a serious tactical mistake in concentrating too much on Trump, and spent too little time promoting positive messages about Harris.
BY GEORGE BRANDIS....
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Cheeseburger Gothic
Wednesday, December 4, 2024 - 05:31
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I don’t recall much of the Covid years. Do any of us? But I do remember being amped for Bob Odenkirk’s John Wick moment in Nobody. I am, of course, a fan of the Sleeping Assassin subgenre and Nobody was a nice take on it. It was obviously set up to make a franchise going forward, but, you know, Covid. I don’t think it did any numbers at the box office because nothing did anything at the box office back then. |
Your Democracy
Wednesday, December 4, 2024 - 05:23
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Les liens cachés d’un géant du journalisme avec le gouvernement américain L’OCCRP, le plus important réseau de médias d’investigation au monde, a dissimulé l’ampleur de ses liens avec le gouvernement américain, qui fournit la moitié de son budget, bénéficie d’un droit de veto sur ses dirigeants et finance des enquêtes sur la Russie ou le Venezuela. |
MacroBusiness
Wednesday, December 4, 2024 - 00:10
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The Australian Bureau of Statistics (ABS) released data on the value of the nation’s dwelling stock. As of 30 September 2024, there were 11,252,600 residential dwellings valued at $11,093.8 billion. This meant that the average Australian home was worth $985,900. Across an estimated 27,448,845 persons as of 30 September 2024, Australian households owned a record The post Australia: a nation of millionaire paupers appeared first on MacroBusiness. |
Renew Economy
Tuesday, December 3, 2024 - 22:30
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Your Democracy
Tuesday, December 3, 2024 - 22:15
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Renew Economy
Tuesday, December 3, 2024 - 19:55
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Renew Economy
Tuesday, December 3, 2024 - 19:47
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The Australian Independent Media Network
Tuesday, December 3, 2024 - 16:45
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Master Builders Australia Media Release After the long-awaited release of the Federal Government’s Core Skills Occupation List, the building and construction industry has been left scratching their heads as to why key machinery operator roles have not made the final list. The Core Skills Occupation List provides the only viable pathway for skilled construction workers… |
Renew Economy
Tuesday, December 3, 2024 - 16:30
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Renew Economy
Tuesday, December 3, 2024 - 16:30
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The Australian Independent Media Network
Tuesday, December 3, 2024 - 15:38
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By Denis Hay Description Australia’s war history. Explore our history of supporting Britain’s wars and U.S. conflicts and how Australia can transform into a neutral, peace-promoting nation. Introduction Australia’s military history reflects a long-standing pattern of aligning with powerful allies – first Britain and later the United States – participating in wars that often had… The post Australia’s War History: From Britain’s Wars to Neutrality appeared first on The AIM Network. |
Renew Economy
Tuesday, December 3, 2024 - 15:11
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Renew Economy
Tuesday, December 3, 2024 - 14:44
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The Australian Independent Media Network
Tuesday, December 3, 2024 - 14:11
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A new bloody phase has opened up in Syria, as if it was ever possible to contemplate another one in that tormented land. Silly terms such as “moderate” are being paired with “rebels”, a coupling that can also draw scorn. What counts as news reporting on the subject in the Western press stable adopts… The post The Syrian Civil War: New Phases, Old Lies appeared first on The AIM Network. |
MacroBusiness
Tuesday, December 3, 2024 - 13:30
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The war on the CFMEU has coughed up a dividend. The Albanese government is in the midst of creating a three-tier skilled migration system, with separate visa streams for low-paid care workers, highly paid professionals earning more than $135,000, and a “core” stream for workers earning between $70,000 and $135,000 where there is a skills The post Rich tradies protected as brickies sold out appeared first on MacroBusiness. |
MacroBusiness
Tuesday, December 3, 2024 - 13:00
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The latest dwelling value results from CoreLogic and PropTrack showed that the market has ground to a halt, led by Sydney and Melbourne. The auction market has also stalled, with final clearance rates in Sydney, Melbourne, and nationwide declining to their lowest level of the year. The weakness in the nation’s housing market is also The post Unsold properties pile up across Australia appeared first on MacroBusiness. |
Cheeseburger Gothic
Tuesday, December 3, 2024 - 12:50
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MacroBusiness
Tuesday, December 3, 2024 - 12:30
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The Guardian’s latest Essential Poll shows “voters have given the Albanese government an F on containing housing costs and surprisingly little credit for increasing wages”. 53% of voters polled rated the government’s performance as “poor” on “increasing the amount of affordable housing”, including 30% who said it had been “very poor”. Those polled also said |
MacroBusiness
Tuesday, December 3, 2024 - 12:00
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The Market Ear on the melt-up. NASDAQ at huge levels NASDAQ is flirting with huge levels. Close this another 1-2% higher, and we risk a Heinz ketchup moment. There is only vacuum to the upside…and NASDAQ is basically trading at the same levels we traded at during the summer highs. Source: Refinitiv Surprising SOX SOX The post The bubble expands appeared first on MacroBusiness. |
MacroBusiness
Tuesday, December 3, 2024 - 11:30
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The revolt is building against Michele Bullhawk’s Psycho RBA. Amid suggestions the bank runs the risk of repeating a mistake it made in 2018 and 2019 that forced it to dramatically reverse monetary policy settings, a growing number of analysts believe the RBA has misjudged the impact of the jobs market on the inflation rate. The post Economists revolt against Psycho RBA appeared first on MacroBusiness. |
MacroBusiness
Tuesday, December 3, 2024 - 11:00
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Victoria has the nation’s largest per capita debt and the lowest credit rating. The state’s debt trajectory is worrying. The budget forward estimates project that Victoria’s net debt will peak at 25% of gross state product. The Victorian Labor government has signed contracts to build the $200 billion Suburban Rail Loop project without locking in The post Victoria hurtles toward debt refinancing cliff appeared first on MacroBusiness. |
Renew Economy
Tuesday, December 3, 2024 - 10:34
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MacroBusiness
Tuesday, December 3, 2024 - 10:30
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For years, MacroBusiness has argued that too many Australians are studying at university instead of TAFE and vocational education. This has flooded the labour market with useless degrees and resulted in recurring skill shortages in a variety of industries, particularly the trades: We have received support from Jobs and Skills Australia commissioner Professor Barney Glover, |
Renew Economy
Tuesday, December 3, 2024 - 10:17
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MacroBusiness
Tuesday, December 3, 2024 - 10:00
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Bloomberg has had a crack at what’s gone wrong for the energy superidiot. As they age [coal], they’re failing more and more often: Three key stations were all in unplanned outages Wednesday, pulling about 7% of coal generation off the grid with minimal notice. It wouldn’t be a problem if there was enough wind and The post LNG imports are catastrophic appeared first on MacroBusiness. |
Renew Economy
Tuesday, December 3, 2024 - 09:55
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The Australian Independent Media Network
Tuesday, December 3, 2024 - 09:54
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Australian Council of Social Service (ACOSS) Media Release ACOSS has called for the immediate suspension of the Targeted Compliance Framework following the latest revelations that income support payments may have been illegally cancelled, affecting at least 1,000 people between April 2022 and July 2024. In a letter to Employment Minister Murray Watt on Friday 29th… |