Blogotariat

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.

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.

Fortescue suspends its validation work under the Science-Based Target Initiative while the tricky question of scope 3 emissions - created by the use of its products by its customers - is resolved.

The first cyclone resistant solar farm, along with a big battery, have been opened to provide daytime power for BHP's iron ore port operations in Port Hedland.

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.

AEMO says its ability to deal with summer heat and floods have been boosted by more than 3 GW of new capacity, particularly in big battery projects that have already proved useful.

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.

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.

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.

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,

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.