Renew Economy
Wednesday, May 4, 2022 - 10:13
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MacroBusiness
Wednesday, May 4, 2022 - 10:00
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CoreLogic has released its property Pain & Gain report for May, which revealed that regional property owners reaped record profits on sales in the final quarter of 2021: 93.8% of resales nationally over the December quarter made a nominal gain for a total nominal profit of $38 billion. This was up from 92.4% in the The post Regional home owners reap massive profits appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
xkcd.com
Wednesday, May 4, 2022 - 10:00
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The Tally Room
Wednesday, May 4, 2022 - 09:30
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This is a follow-up to Monday’s blog post, which explored the trends away from election day voting at the federal level, and how those trends have been accelerated by the COVID-19 pandemic. For this blog post, I’m splitting up the 2019 vote between votes cast on election day and those cast earlier, and looking at which seats have higher rates of early voting. |
MacroBusiness
Wednesday, May 4, 2022 - 09:30
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More Morrison corruption today: Prime Minister Scott Morrison has opened a new front in the debate over a national integrity commission, declaring Australia could become an unrecognisable “public autocracy” if such a body is given too much influence over government decision-making. With Labor, the Greens and the “teal” independents campaigning hard on the need for The post Morrison gaslights integrity commission appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
The Tally Room
Wednesday, May 4, 2022 - 09:30
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As a final part in my series on trends in people voting early, today I’m analysing differences in how people vote, depending on whether they vote early or vote on election day, using the categories established in yesterday’s post. Despite losing the last two elections, Labor won a majority of the two-party-preferred vote amongst those voting on election day at both of those elections. Indeed Labor has won the election day vote at four out of the last five federal elections. |
MacroBusiness
Wednesday, May 4, 2022 - 09:00
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DXY is still hovering at twenty-year highs: AUD largely shrugged off the RBA as it looks forward to the Fed: Oil was weak: Metals too: And miners: EM stocks are clinging to the cliff top: And junk: As yields rose again plus the curve flattened: Stocks managed minor gains: Westpac has the wrap: Event Wrap The post Australian dollar shrugs off RBA appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Wednesday, May 4, 2022 - 09:00
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Overnight stock markets were a little more bullish as anticipation builds for the upcoming Fed meeting. Bond markets had a roundtrip of a night with 10 year US Treasury yields still pushing around the 3% level with a 50 basis point rise at the next Fed meeting still being priced in. The USD remains strong The post Macro Morning appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Your Democracy
Wednesday, May 4, 2022 - 06:47
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Let me tell you about the most brazen assault on Australia’s secular democracy you have probably never heard about. It’s the Seven Mountains Mandate. And it’s quietly creeping from America into Australian political life, with the express purpose of taking control of all the institutions of power.
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Your Democracy
Wednesday, May 4, 2022 - 06:26
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The Morrison government's election campaign is a disaster, but the real story is still the state of the press |
The Australian Independent Media Network
Wednesday, May 4, 2022 - 06:00
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Saturday, April 30 1 Whatever it was, the week’s rest seems to have done wonders for Anthony Albanese. His performance at last Saturday morning’s press conference was as good as l has seen from him. And it must be said that other members of the leadership group who accompanied him gave equally passionate performances. And it… The post At the half way mark can Labor feel confident of victory? appeared first on The AIM Network. |
MacroBusiness
Wednesday, May 4, 2022 - 00:05
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Yesterday’s ANZ-Roy Morgan consumer confidence survey posted a massive 6.0% fall, driven by a 9.6% decline amongst people ‘paying off their home loan’, who are growing increasing concerned about rising interest rates. The concern is greatest amongst the army of households that took out jumbo-sized mortgages in 2021 at record low rates below 2.5%: Many The post Interest rate apocalypse: mortgage repayments set to double appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Wednesday, May 4, 2022 - 00:05
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It is wall-to-wall bad news for New Zealand’s housing market. First, major bank ASB has joined ANZ in increasing the rate at which it stress tests mortgage applicants. ASB lifted its stress test rate by 50 basis points to 7.35%, which follows the nation’s largest mortgage lender, ANZ, increasing in its stress test rate by The post Bottom falls out of New Zealand’s housing market appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Wednesday, May 4, 2022 - 00:01
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Global Macro / Markets / Investing: The S&P is having its worst start to a year since 1939 – CNN Food Shortages Surge to Record High, Food Price Inflation 2nd Highest Ever – Breitbart Hi, Stagflation. We’re officially here. Growth is negative and inflation is at 9 percent. – Forbes Warren Buffett, Charlie Munger Blast The post Links 4 May 2022 appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
The Australian Independent Media Network
Tuesday, May 3, 2022 - 23:45
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From one of our American friends… By Tales & Typos I read The Handmaid’s Tale by Margaret Atwood when it was first published in 1985. I thought it was brilliant then, and now it’s resurrection as a television series is even more eerie – eerily realistic. When I began watching the Hulu television series, I… The post What is The Handmaid’s Tale? appeared first on The AIM Network. |
The Australian Independent Media Network
Tuesday, May 3, 2022 - 18:30
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By Lucy Hamilton The recent budget has underscored that the Coalition government has abandoned the needy, and the nation’s future. Whether an Australian is hunting for a job or displaced from disaster-wrecked town, they should expect almost nothing from our leaders. The budget’s lessons should remind us that “conservatives” see themselves as representing the self-sufficient.… |
The Australian Independent Media Network
Tuesday, May 3, 2022 - 17:06
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The great awakening Morrison’s tenure has been a test of his character – one he has failed abysmally. The election will be a test of Australia’s character but likely one we will pass. It is not entirely clear to me when Smirko Morrison’s re-election campaign jumped the shark. Tony Abbott was a national embarrassment, a… The post The Gaffer Tapes appeared first on The AIM Network. |
MacroBusiness
Tuesday, May 3, 2022 - 16:30
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A mixed session here in Asia for risk takers as most of the big stock markets are closed still with the dominating catalyst for the day being the once in a decade rate rise by the RBA, which lead to some oscillation in stock prices but put a light underneath the Australian dollar. Even still, The post Macro Afternoon appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Tuesday, May 3, 2022 - 16:00
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The Australian Independent Media Network
Tuesday, May 3, 2022 - 15:39
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There will be many uncast votes on 21 May. There will be many voices silenced because those aged 70 or over represent 83% of the growing Covid deaths in Australia. Lest we forget. I am in my 70th year. An achievement in some ways. My vote, and that of my companions, will not decide this… The post The vote of Citizen K appeared first on The AIM Network. |
Renew Economy
Tuesday, May 3, 2022 - 15:08
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Renew Economy
Tuesday, May 3, 2022 - 15:02
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Renew Economy
Tuesday, May 3, 2022 - 14:59
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MacroBusiness
Tuesday, May 3, 2022 - 14:30
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Fresh from the RBA: At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points. It also increased the interest rate on Exchange Settlement balances from zero per cent to 25 basis points. The Board judged that now was the right time to begin withdrawing some of the extraordinary The post RBA hikes 25bps appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Tuesday, May 3, 2022 - 14:07
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Renew Economy
Tuesday, May 3, 2022 - 14:03
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The Australian Independent Media Network
Tuesday, May 3, 2022 - 14:00
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The words spoken by Senator Gallagher during an interview this morning were what I was saying back in March of this year. A federal government with only a teaspoon of economic understanding would have, or indeed should have, seen the dangers of what the supply side-effects of the lack of secondary materials would have on… The post “With Scott Morrison it’s always too little, too late” appeared first on The AIM Network. |
MacroBusiness
Tuesday, May 3, 2022 - 14:00
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As we know, business groups are lobbying the federal government heavily to boost migrant numbers, including by demanding: Uncapped access to temporary migrant workers and the abolition of labour market testing so-called Temporary Skills Shortage (TSS) visas. Speedier and cheaper visa application processes. Doubling of the permanent skilled migration intake to 200,000 a year to The post Before importing more migrant workers, use those already here appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, May 3, 2022 - 13:56
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BofA via ZH. — Bank of America’s Savita Subramanian writes in her weekly Eranings Tracker now that week 3 is in the history books… …. we have clearly reached the “end of euphoria” phase. Which is not to say that earnings as reported are terrible, on the contrary: 276 S&P 500 companies (71% of earnings) have The post More US earnings warnings appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Cheeseburger Gothic
Tuesday, May 3, 2022 - 13:49
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