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Your Democracy Wednesday, March 20, 2024 - 19:27 Source

In perhaps the least surprising news of the year, Vladimir Putin has triumphed at the Russian ballot box and been enthroned for the fifth time as president. He will serve for six more years.

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AustralianPolitics.com Wednesday, March 20, 2024 - 18:03 Source

This is Senator Dave Sharma’s maiden speech to the Senate. Sharma, a Liberal, assumed his NSW Senate position on November 30, 2023. He filled a casual vacancy created by the departure of Senator Marise Payne. At her retirement, Payne was the longest-serving female senator, having held her seat for 26 years, 5 months and 21 days since 1997. Previously, as the member for Wentworth (2019-2022), Sharma delivered a first speech to the House of Representatives. In 2018, Sharma contested the by-election for the Sydney electorate of Wentworth, occasioned by the departure of the former prime minister, Malcolm Turnbull.

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Your Democracy Wednesday, March 20, 2024 - 17:38 Source

Having done everything possible to oppose action to mitigate climate change and replace fossil fuels with renewable energy sources, the federal opposition has suddenly decided to embrace the most illconceived and inappropriate solution for us (‘‘Why nuclear power doesn’t add up’’, March 19). Nuclear energy produces the most expensive energy compared with renewables; ...

 

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MacroBusiness Wednesday, March 20, 2024 - 16:30 Source

Asian share markets are in a fairly good mood but all eyes remain on what the Fed will say and do overnight at its FOMC meeting with currency markets largely unchanged. Australian stocks are going nowhere after the RBA meeting as the Australian dollar is still in the doldrums, almost crossing below the 65 handle.

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Wednesday, March 20, 2024 - 15:59 Source

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Renew Economy Wednesday, March 20, 2024 - 15:23 Source
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Renew Economy Wednesday, March 20, 2024 - 15:11 Source
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Renew Economy Wednesday, March 20, 2024 - 14:52 Source
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Renew Economy Wednesday, March 20, 2024 - 14:35 Source
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Renew Economy Wednesday, March 20, 2024 - 14:22 Source
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Renew Economy Wednesday, March 20, 2024 - 14:16 Source
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Renew Economy Wednesday, March 20, 2024 - 14:10 Source
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MacroBusiness Wednesday, March 20, 2024 - 14:00 Source

In her press conference on Tuesday, after the Reserve Bank of Australia (RBA) decided on interest rates, Governor Michele Bullock admitted that Australia’s record immigration has helped lift inflation by ensuring that aggregate demand has expanded faster than supply: A question from the audience: We’ve had four quarters of slowing GDP growth. So, if GDP

The post RBA admits immigration is driving inflation appeared first on MacroBusiness.

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The Tally Room Wednesday, March 20, 2024 - 14:00 Source

Analysing preference flows under a Hare-Clark system like that used in Tasmania is a lot more complex than a single-member electorate system. It isn’t simply a matter of a series of candidates being knocked out until two remain – different parties benefit from preferences at points in time before later giving away preferences of their own, and parties have multiple candidates with preferences that don’t always stay within the party ticket.

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MacroBusiness Wednesday, March 20, 2024 - 13:30 Source

The AER has just backed Albo’s dills into a corner: As many as five million households face big increases in their power bills if taxpayer-funded ­energy subsidies do not extend into the next financial year, piling pressure on Jim Chalmers to ­announce new relief in the ­May 14 budget. The effect of the subsidies coming

The post Treasurer must continue corrupt energy bill subsidies appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 20, 2024 - 13:00 Source

I was interviewed by Gary Adshead at Perth Radio 6PR discussing Perth’s worsening rental crisis, which is being driven by extreme levels of immigration. Below are key highlights with supporting data. Gary Adshead: There is an absolute crisis in housing and rental accommodation in this country right now. WA is struggling, absolutely struggling, to keep

The post Perth’s housing market crushed by immigration appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, March 20, 2024 - 12:53 Source

Federal Member for Bass Bridget Archer and ACT Senator David Pocock have been announced as winners of the McKinnon Prize, Australia’s independent, non-partisan award for outstanding political leadership. The McKinnon Prize is a collaboration between the Susan McKinnon Foundation and the University of Melbourne and has been awarded annually since 2017. The Prize was established…

The post Archer, Pocock win McKinnon Prize for outstanding political leadership appeared first on The AIM Network.

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Renew Economy Wednesday, March 20, 2024 - 12:41 Source
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MacroBusiness Wednesday, March 20, 2024 - 12:30 Source

Penmeister is upset: Penny Wong has sent a clear message to China that Paul Keating has no influence over government policy ahead of Chinese Foreign Minister Wang Yi’s meeting with the pro-Beijing former prime minister. In her first comment on Mr Wang’s scheduled audience with Mr Keating on Thursday, Senator Wong told The Australian: “Mr

The post Keating speaks loud and clear for Albo on China appeared first on MacroBusiness.

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Your Democracy Wednesday, March 20, 2024 - 12:19 Source

French army ‘ready for war’ – top generalParis is prepared to fight the “toughest” battles to protect its interests, the chief of staff has declared...

France is ready to face whatever developments unfold internationally and is prepared for the “toughest engagements” to protect itself, the chief of staff of the French Army, Gen. Pierre Schill, said in an interview published on Tuesday.

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MacroBusiness Wednesday, March 20, 2024 - 12:05 Source

Both copper and lithium prices have seen some wild rides in recent months (and years). There is a genuine growth case for both metals from green energy, but that doesn’t mean buy at any price. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, looks at these metals, the hype,

The post MB Fund Podcast Preview: Boom Or Bust: Copper And Lithium In The Green Tech Era appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 20, 2024 - 12:00 Source

This is priceless. Rather than lower prices, the Coles and Woolies supergougers are stacking their shelves with political whores: Besieged supermarket giant Woolworths has hired Prime Minister Anthony Albanese’s former chief of staff Michael Choueifate to hold its hand during the looming examinations of its operations. Rival Coles has recruited SEC Newgate Australia chairman Brian

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MacroBusiness Wednesday, March 20, 2024 - 11:30 Source

Shortly before resigning as Victorian Premier, Daniel Andrews announced a target to build 800,000 homes across the state over a decade, which requires 80,000 homes annually. Victoria has never approved more than 70,730 new dwellings in a calendar year since Labor was elected in 2014, meaning the 80,000 target requires a significant step-up in construction

The post Victoria’s big housing fail appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 20, 2024 - 11:00 Source

I recently had an interview with David Flint from ADH TV, and he asked me, “Is Australia still the Lucky Country?” In my response, I argued that, compared to other nations, Australia is still a great place to live, but excessive immigration and foolish energy policies have raised costs for households and businesses, eroding our

The post Is Australia still the Lucky Country? appeared first on MacroBusiness.

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xkcd.com Wednesday, March 20, 2024 - 11:00 Source

If you pick a low enough orbit, it gives you a lot of freedom to use a lightweight launch vehicle such as a stepladder.

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MacroBusiness Wednesday, March 20, 2024 - 10:30 Source

Generous financial incentives for apprentices and their ­employers are due to end in July, but the Australian Chamber of Commerce & Industry and the Australian Industry Group have urged the federal government to announce a two-year extension of the incentives in the May budget. For occupations that the Albanese government had identified as priorities, such

The post Albanese government must fund apprenticeships appeared first on MacroBusiness.

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Renew Economy Wednesday, March 20, 2024 - 10:04 Source
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MacroBusiness Wednesday, March 20, 2024 - 10:00 Source

Well, the end of civilisation as we know it does have a silver lining: Back to the Asia Society with a bullet!

The post Trump pre-fires Rudd from Washington appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, March 20, 2024 - 09:32 Source

Now I could start this evening’s meal by telling my wife that I’m leaving her for Kate Middleton but I’m not going to do that for a number of reasons: My wife would find it annoying. Kate Middleton is far too young for me. I don’t know if I’d like her. Even if I did…

The post Should I Leave My Wife For Princess Catherine And Other Pointless Debates… appeared first on The AIM Network.

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MacroBusiness Wednesday, March 20, 2024 - 09:30 Source

In September 2023, NSW Premier Chris Minns backed the federal government’s extreme immigration program, claiming more migrants were needed to build homes for migrants: “We’re supportive of the commonwealth government’s decision to lift immigration into New South Wales, notwithstanding the fact that we’ll take, not the majority but the greatest number of inbound immigrants”, Minns

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