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Your Democracy Saturday, April 13, 2024 - 13:51 Source

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Renew Economy Saturday, April 13, 2024 - 12:59 Source

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MacroBusiness Saturday, April 13, 2024 - 12:09 Source

DXY is up and away: AUD is back at critical support: North Asia is under intense pressure: Oil and gold hanging in there: Base metals still chasing no landing: But not big miners: And EM hates no landing: So does junk: Yields fell but it was a steeper week for sure: Stocks hate no landing:

The post Australian dollar eaten alive in bear frenzy appeared first on MacroBusiness.

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MacroBusiness Saturday, April 13, 2024 - 08:10 Source

Shane tees off again.  Shane is pro the Population Ponzi.  Invariably long on rant and short of rationale or data Shane has been the less conspicuous but ever present mainstay of the Ninefax pro Ponzi stable. Let us examine his offering……   Migrants – what are they good for? A lot, actually Shane Wright Senior economics

The post Shane’s nonsensical Ponzi Spruik appeared first on MacroBusiness.

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New Politics Saturday, April 13, 2024 - 08:00 Source

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Your Democracy Saturday, April 13, 2024 - 07:31 Source

NATO has been sold to the world as some kind of international security agency. How Orwellian can you get? Peace means war, security means chaos and threats, and rules-based order means domination and exploitation.

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Your Democracy Saturday, April 13, 2024 - 06:45 Source

Is An American Parliament the Answer to Our Rotting Democracy?

Professor Max Stearns argues for a new system of government that would see the U.S. catch up with the rest of the world’s democratic systems.

 

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Your Democracy Saturday, April 13, 2024 - 06:17 Source

After watching the five (if I can still count) idiotes on The View talking about the recent solar eclipse, one can hope that Artificial Intelligence is more intelligent than these cackling crapping geese…

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Your Democracy Saturday, April 13, 2024 - 05:41 Source

Atomic war is possible. World peace hangs on the finger of the United States, blackmailed by Ukrainian "integral nationalists" and Israeli "revisionist Zionists". If Washington doesn’t deliver weapons to massacre the Russians and Gazans, they won’t hesitate to launch Armageddon.

 

Is the possibility of a World War real?

by Serge Marchand , Thierry Meyssan

 

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MacroBusiness Saturday, April 13, 2024 - 00:30 Source

By Gareth Aird, head of Australian economics at CBA: Key Points: The transmission of monetary policy in Australia to the household sector and by extension the broader economy is much more direct and potent than in most other major jurisdictions, particularly when compared to the US. A report released by the IMF on 8 April

The post Why Australians are hurt most by higher interest rates appeared first on MacroBusiness.

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MacroBusiness Saturday, April 13, 2024 - 00:05 Source

International Reads: Defeated CEOs are now conceding hybrid working is here to stay – Fortune Biden urged to ban China-made electric vehicles from the US. “Chinese electric vehicles are an existential threat to the American auto industry”. – BBC Pharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self-organize’ to

The post Weekend Reading and Media Appearances appeared first on MacroBusiness.

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The Tally Room Friday, April 12, 2024 - 17:46 Source

Nominations have been declared for three Tasmanian Legislative Council elections, with polling day on May 4.

Tasmania’s upper house is never fully dissolved, with two or three of the fifteen electorates up for election each year over a six-year cycle.

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The Australian Independent Media Network Friday, April 12, 2024 - 16:41 Source

Climate Media Centre  Advocacy groups have welcomed the release of the Federal Government’s announcement of a heat mapping tool to assist affected communities deal with the worst of extreme heat, but have called on government to do more to address the root cause, climate change caused by the continued use of fossil fuels.  Emma Bacon,…

The post Government heat map ‘wake up call’ to stop burning fossil fuels appeared first on The AIM Network.

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MacroBusiness Friday, April 12, 2024 - 16:00 Source

A poor trading session across stock markets in Asia to finish the trading week in the red, despite a late bounce on Wall Street overnight. The continued strength of the USD due to the fallout of the recent US hot CPI print is still being felt via spikes in bond yields across the world. The

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Friday, April 12, 2024 - 15:46 Source
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Renew Economy Friday, April 12, 2024 - 15:29 Source

aerial of Kidston Renewable Energy Hub (1) - optimised

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Renew Economy Friday, April 12, 2024 - 15:28 Source
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Renew Economy Friday, April 12, 2024 - 14:34 Source
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MacroBusiness Friday, April 12, 2024 - 13:30 Source

The latest insolvency data from the Australian Securities and Investments Commission (ASIC) shows that 522 businesses in the retail sector have gone into administration so far in 2023-24, compared with just 197 during the same period in 2021-22: The insolvencies have come amid stiff financial headwinds afflicting consumers, including soaring mortgage and rent payments and

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Renew Economy Friday, April 12, 2024 - 13:26 Source
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MacroBusiness Friday, April 12, 2024 - 13:00 Source

By Ross Elliott from The Pulse: In 2005, a UK policy group “The Policy Exchange” published “Bigger, Better, Faster, More: Why Some Countries Plan Better than Others”  It surveyed four countries with similar demand side pressures to the UK, to explore what was being done well, and what wasn’t. Australia was one of them. “Britain’s

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MacroBusiness Friday, April 12, 2024 - 12:30 Source

The latest temporary visa data from the Department of Home Affairs shows that there were a record 713,144 international students in Australia at the end of February 2024: According to the Australian Bureau of Statistics (ABS), higher education providers earned $14.5 billion in tuition fees from international students in 2022-23. Despite the boom, universities are

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Renew Economy Friday, April 12, 2024 - 12:21 Source

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MacroBusiness Friday, April 12, 2024 - 12:00 Source

A storm of criticism no less: Jim Chalmers’ hand-picked chair of the Productivity Commission has warned Labor’s Future Made in Australia plan would divert ­investment from more productive parts of the economy and lead to higher-than-necessary costs for taxpayers. Danielle Wood – the former Grattan Institute chief executive who the Treasurer tasked with shifting the

The post Albofacturing goes down like a lead balloon appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, April 12, 2024 - 11:56 Source

Charles Darwin University Media Release Compulsory income management (CIM) in the Northern Territory is perceived to be ineffective in reducing harm, can contribute to situations of family violence and is incompatible with the needs of welfare recipients, a new study led by Charles Darwin University (CDU) has found.  The study, conducted by members of CDU’s…

The post Compulsory income management doing more harm than good: Study appeared first on The AIM Network.

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The Australian Independent Media Network Friday, April 12, 2024 - 11:47 Source

Walking stiffly, largely distracted, and struggling to focus on the bare essentials, US President Joe Biden was keeping company with his Japanese counterpart, Prime Minister Fumio Kishida, when asked the question. It concerned what he was doing regarding Australia’s request that the WikiLeaks founder Julian Assange be returned to Australia.  Assange, who has spent five…

The post Flicker of Hope: Biden’s Throwaway Lines on Assange appeared first on The AIM Network.

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Renew Economy Friday, April 12, 2024 - 11:41 Source
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MacroBusiness Friday, April 12, 2024 - 11:30 Source

The December quarter national accounts from the Australian Bureau of Statistics (ABS) showed that real per capita household consumption declined by 2.5% in 2023, which was the weakest result outside the pandemic since the Global Financial Crisis in 2008: The February Household Spending Indicator (HSI) from the ABS revealed that, in nominal terms, household spending

The post Aussie consumer recession continues through Q1 appeared first on MacroBusiness.

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MacroBusiness Friday, April 12, 2024 - 11:00 Source

The latest population data from the Australian Bureau of Statistics (ABS) showed that Melbourne’s population soared by 1.7 million people (49%) between 2001 and 2023, driven by net overseas migration. Official forecasts from the Victorian government project that Melbourne’s population will swell to 9.0 million people by 2056: If this projection came to fruition, Melbourne’s

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MacroBusiness Friday, April 12, 2024 - 10:30 Source

Think Tank CEO Ed Cavanough believes the Greens will hold the balance of power in the next federal parliament because of its strong advocacy for renters: “Right now there’s a gaping emotional void in the housing debate that only the Greens are filling”, Cavanough wrote in The AFR. “They have become the only party effectively

The post “Moral outrage” won’t fix Australia’s housing crisis appeared first on MacroBusiness.

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