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Renew Economy Tuesday, May 7, 2024 - 11:17 Source

Golden Plains Wind Farm render

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MacroBusiness Tuesday, May 7, 2024 - 11:00 Source

After nearly two decades of delay, the Albanese government is set to expand money-laundering reporting obligation laws to cover real estate agents, lawyers and accountants, with the potential that 100,000 extra entities will have reporting obligations if the legislation is passed. In 2003, Australia agreed to implement so-called ‘Tranche 2’ global anti-money laundering (AML) rules

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MacroBusiness Tuesday, May 7, 2024 - 10:30 Source

The Albanese government’s soft “crackdown” on dodgy student visa applications has seen rejection rates rise, especially for second-tier educational providers: According to the following chart from Justin Fabo at Antipodean Macro, student visa grant rates have sharply decreased this year, indicating lower numbers in the future: This fall in student visa grants has been led

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The Australian Independent Media Network Tuesday, May 7, 2024 - 10:16 Source

The International Criminal Court is a dusty jewel, a creation of heat, tension and manufacture in the international community. Various elements have gone into its creation. As with any international institution which draws its legitimacy from nation states and the like, its detractors are many, the invective against it frequent. Some 124 countries have signed the…

The post Forces of Impunity: The US Threatens the International Criminal Court appeared first on The AIM Network.

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Your Democracy Tuesday, May 7, 2024 - 10:13 Source

How is the OECD supporting a more level playing field?

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MacroBusiness Tuesday, May 7, 2024 - 10:00 Source

There are two primary reasons why the federal government loves high immigration. First, immigration boosts the economy, as measured by GDP. Running a high immigration strategy allows the government to claim that it is a competent economic manager, even when per capita GDP growth is negative (as it is currently) and individual living standards are declining.

The post Immigration plunges states deep into debt appeared first on MacroBusiness.

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MacroBusiness Tuesday, May 7, 2024 - 09:30 Source

Dxy is sagging: AUD has no clear pattern but is threatening recent resistant at 66 cents: Nothr Asia was mixed: Oil is putting risk back in play: Metal are a Wall Street toy: Miners look ok: Junk signals risk on: Yields tumbled: Stocks to the moon: The question is, will Michell Bullock and her malformed

The post Australian dollar hates Michellle Bullock appeared first on MacroBusiness.

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Renew Economy Tuesday, May 7, 2024 - 09:06 Source
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MacroBusiness Tuesday, May 7, 2024 - 09:00 Source

Wall Street extended its gains from last week’s rebound with optimism across risk markets returning although macro events in the Middle East and some regions on holiday (UK and Japan) could prove unsettling. Nevertheless the USD remains relatively weak against the currency majors like Euro although Yen remains volatile post the BOJ interventions while the

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Tuesday, May 7, 2024 - 08:37 Source

THE AMERICAN EMPIRE HAS BEEN A PLAGUE ON THIS PLANET… THIS EMPIRE REPLACED A GAMUT OF OTHER EMPIRES — THE ENGLISH, THE FRENCH, THE SPANISH, THE PORTUGUESE, THE GERMANS AND OTHER PLUNDERERS OF WEAKER NATIONS. 

SOON AFTER THE BRITISH LED THE INDUSTRIAL REVOLUTION, THE AMERICAN EMPIRE BECAME THE BIGGEST POLLUTER ON THE PLANET — WITH MAINLY A DECEITFUL IDEOLOGY, PLASTICS, CHEMICALS, VIRUS GAIN OF FUNCTION AND CO2… 

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MacroBusiness Tuesday, May 7, 2024 - 08:30 Source

According to new data released by the Federal Treasury, foreign investors purchased over 4700 properties in the first three quarters of 2023 valued at 5.3 billion: Chinese investors led the way, purchasing 1955 homes worth an estimate $2.5 billion in value. Simon Cohen, the founder of Australia’s largest residential property buyer’s agency Cohen Handler, noted

The post Foreign raiders buy up Australian homes appeared first on MacroBusiness.

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Your Democracy Tuesday, May 7, 2024 - 05:59 Source

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Your Democracy Tuesday, May 7, 2024 - 05:48 Source

Macron ‘breathes Russophobia’ – LavrovThe French leader may be scaremongering in order to gain a leading role in the EU, Moscow has suggested

French President Emmanuel Macron may be using Russophobia to satisfy his ambition of leading the EU, Foreign Minister Sergey Lavrov has claimed.

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Your Democracy Tuesday, May 7, 2024 - 05:14 Source

Last Sunday, Israel closed Al Jazeera’s office in occupied East Jerusalem, confiscating broadcast equipment and taking the channel off air. Israel’s targeting of journalists and their families, the closure of Al Jazeera’s Jerusalem office, the imprisonment and alleged torture of journalists, and the refusal to let foreign journalists enter Gaza amounts to a war on journalism.

 

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MacroBusiness Tuesday, May 7, 2024 - 00:11 Source

From the RBS shadow.  In 2024, the Board of the Reserve Bank of Australia (RBA) meets to decide on a target for the cash rate on the following dates: • 6 February 2024 • 19 March 2024 • 7 May 2024 • 18 June 2024 • 6 August 2024 • 24 September 2024 • 5

The post Bitter Shadow RBA demands rate hike appeared first on MacroBusiness.

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MacroBusiness Tuesday, May 7, 2024 - 00:10 Source

The CEOs of major banks are urging the Federal Government to relax responsible lending standards, which were established following the Banking Royal Commission to safeguard borrowers. “What the big bank bosses are saying, they are not being very specific, they are alluding to two big pieces of regulation”, reports ABC’s Nassim Khadem. “One is the

The post Banks pressure government to pump-up property prices appeared first on MacroBusiness.

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Your Democracy Monday, May 6, 2024 - 21:44 Source

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Your Democracy Monday, May 6, 2024 - 18:01 Source

https://www.youtube.com/watch?v=txzjKRrBT5c

Scott Ritter: Ukraine is Heading for TOTAL COLLAPSE and Russia's Had ENOUGH ft. Garland Nixon

 

 

Putin's New Traditional Vodka...

 

Marvel invents exceptional American super heroes

That fly to save parallels worlds from made-up nasty foes

Australians praise yobos, petrol-heads and gas-guzzlers

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Renew Economy Monday, May 6, 2024 - 15:35 Source
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The Australian Independent Media Network Monday, May 6, 2024 - 15:35 Source

The latest Suburbtrends “Rental Pain Index” for May 2024 uncovers the escalating severity of the rental market crisis in Australia. As rental prices continue to climb and homes remain scarce, the report highlights the urgent need for comprehensive solutions to alleviate the stress on renters throughout the nation. Kent Lardner, founder of Suburbtrends, delivers a…

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Renew Economy Monday, May 6, 2024 - 15:09 Source
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Renew Economy Monday, May 6, 2024 - 15:08 Source
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The Australian Independent Media Network Monday, May 6, 2024 - 15:05 Source

In his 2021 annual threat assessment, the director-general of ASIO, the Australian domestic intelligence service, pointed to an active spy ring operating in the country, or what he chose to call a “nest of spies”. The obvious conclusion drawn by information-starved pundits was that the nest was filled with the eggs and fledglings of Chinese…

The post Nesting in Australia: Indian Spy Rings Take Root appeared first on The AIM Network.

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Your Democracy Monday, May 6, 2024 - 14:45 Source

Ukrainian President Vladimir Zelensky has no way to enlist God in his fight against Russia, the Russian Orthodox Church has said, rebuking a statement Zelensky made during his Easter Sunday speech.

In a video address, Zelensky described God as “an ally” of Ukraine who “has a chevron with the Ukrainian flag on his shoulder.”

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Renew Economy Monday, May 6, 2024 - 13:59 Source
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MacroBusiness Monday, May 6, 2024 - 13:00 Source

ANZ-Indeed Australian Job Ads rose 2.8% in April, more than offsetting the prior month’s 1.0% fall. Although job ads have fallen 6.6% over the year, they have tread water over the past six months, as illustrated below by Justin Fabo at Antipodean Macro: The bigger problem for the Australian jobs market is that labour supply

The post Job ads hold up. It’s supply that’s the problem appeared first on MacroBusiness.

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MacroBusiness Monday, May 6, 2024 - 12:30 Source

The Melbourne Institute’s headline and trimmed mean monthly inflation gauges for Australia declined in April, easing inflation concerns. Headline inflation rose by only 0.09% in April to be 3.68% higher year-on-year (a two-year low): The core measure, trimmed mean, was only 0.15% in April to be up 3.18% year-on-year—the lowest result since June 2022: Excluding

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MacroBusiness Monday, May 6, 2024 - 12:00 Source

Rand Low, an Associate Professor of Quantitative Finance at Bond University, has called on Australians to slash spending on discretionary items to plunge the economy into recession and kill inflation. He is urging Australians to cut spending on “Netflix, flat-whites, movies and eating out” to trigger a “DIY recession”. “It’s true that if we eat

The post Australian households wrongly blamed for inflation appeared first on MacroBusiness.

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MacroBusiness Monday, May 6, 2024 - 11:30 Source

No country has messed up immigration policy more than Canada. Every system—housing, infrastructure, employment, and healthcare—is in chaos. Unprecedented net overseas migration drove a population increase of nearly 1.3 million last year: This population boom has left Canada severely short of housing: Housing starts have lagged well behind population increase: As such, the rental vacancy

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Renew Economy Monday, May 6, 2024 - 11:13 Source
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