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MacroBusiness
Thursday, October 31, 2024 - 07:37
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Australian house prices have turned multispeed, with parts of Australia still booming and other parts entering a correction phase. CoreLogic’s daily dwelling values index shows that prices at the 5-city aggregate level rose by 0.3% in October. However, there was wild variation across the major markets. As shown above, values declined in Sydney (-0.1%) and The post Australian house prices boom and bust appeared first on MacroBusiness. |
MacroBusiness
Thursday, October 31, 2024 - 07:25
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DXY finally flamed out: Cutting AUD some slack: And North Asia: Gold is going to end badly. Oil bounced: Dirt down suggest the Chian stimulus leak was not well received: Miners same: EM same: Junk is worried: As yields climb while robots sell: Stocks are going to get pressure: White House fever appears to have The post Australian dollar bounces as White House fever breaks appeared first on MacroBusiness. |
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The Australian Independent Media Network
Thursday, October 31, 2024 - 07:20
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CSIRO News Release The State of the Climate Report 2024 has found Australia’s weather and climate has continued to change, with an increase in extreme heat events, longer fire seasons, more intense heavy rainfall, and sea level rise. The report, prepared every two years, was released today by Australia’s national science agency, CSIRO, and the… The post State of the climate 2024: increased fire weather, marine heatwaves and sea levels appeared first on The AIM Network. |
MacroBusiness
Thursday, October 31, 2024 - 07:00
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The ABC’s Gareth Hutchens published an article explaining the incompatibility between Australia’s growing population and reducing its carbon emissions. Hutchens quoted remarks from a Lancet study into global fertility rates published this year, which notes that lower population growth would assist the world in reducing its carbon footprint. “A 2012 study suggests that if global |
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Cheeseburger Gothic
Thursday, October 31, 2024 - 05:45
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MacroBusiness
Thursday, October 31, 2024 - 00:10
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With the federal election due by 20 May 2025, polling suggests Australia is headed for a hung parliament. Australian households have endured their largest decline in disposable incomes on record, with mortgage holders bearing much of the brunt. The cost of living is a major concern of voters. Other Anglosphere countries, including New Zealand, Canada, The post Government pressures RBA to cut rates appeared first on MacroBusiness. |
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Your Democracy
Wednesday, October 30, 2024 - 21:36
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https://www.youtube.com/watch?v=DrZdfU8zjD0 War on Global South: BRICS' mBridge to be Shut Down by Western Allies to Save the US Dollar
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
“It’s hard to do cartoons without being a fool…” |
Your Democracy
Wednesday, October 30, 2024 - 18:37
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MORE TO COME'...
READ FROM TOP.
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
“It’s hard to do cartoons without being revolted…” Gus Leonisky
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Renew Economy
Wednesday, October 30, 2024 - 17:57
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Your Democracy
Wednesday, October 30, 2024 - 17:35
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The following is a statement issued by the office of the South African presidency. South Africa has filed its Memorial to the International Court of Justice (ICJ) today, 28 October 2024, in its case on the Application of the Convention on the Prevention and Punishment of the Crime of Genocide in the Gaza Strip (South Africa v. Israel). |
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George Monbiot
Wednesday, October 30, 2024 - 17:22
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This is what you are voting for if you vote for Donald Trump. By George Monbiot, published in the Guardian 29th October 2024 Dear US voters, in the spirit in which I would beg a dear friend not to get a facial tattoo, I’m writing to ask you not to vote for Donald Trump. While the decision to do so would make a statement, signalling your justifiable anger about the pain you have suffered, it is likely to disfigure you, damage your life chances and prove irreversible. |
MacroBusiness
Wednesday, October 30, 2024 - 16:26
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‘Between the showers, at milking time’ William Ford, 1884, Art Gallery of SA AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 The post Macro Afternoon 30 October 2024 appeared first on MacroBusiness. |
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Your Democracy
Wednesday, October 30, 2024 - 16:10
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In 2015 and 2016, Donald Trump swept to a surprise victory, in part, because of his shrewd use of traditional legacy and cable news media. I don’t think he ever turned down an interview request and the media gobbled it up because they never expected him to win.
Podcast Monday — What a Difference Eight Years Makes |
Renew Economy
Wednesday, October 30, 2024 - 16:00
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Renew Economy
Wednesday, October 30, 2024 - 16:00
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The Australian Independent Media Network
Wednesday, October 30, 2024 - 15:53
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By Callen Sorensen Karklis The Queensland state election over the weekend has brought about what I warned the QLD Labor was in danger of as far back as 2017. The Labor party’s almost decade long era in power since 2015 under Palaszczuk and then Miles has ended. Labor’s Legacy under Palaszczuk/Miles Labor’s Legacy under its… The post 2024 QLD State Election: Where to From Here appeared first on The AIM Network. |
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Renew Economy
Wednesday, October 30, 2024 - 14:42
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Renew Economy
Wednesday, October 30, 2024 - 14:37
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MacroBusiness
Wednesday, October 30, 2024 - 14:00
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Today’s inflation print was another classic divide between pragmatists and purists. Headline inflation is falling fast and will keep doing so as rents, goods, food, energy and administered prices all cool. The RBA needs to cut. However, trimmed mean inflation is still stubbornly above target at 3.5% because it does not include cost-of-living rebates. The The post Time RBA climbed down from interest rate high horse appeared first on MacroBusiness. |
Renew Economy
Wednesday, October 30, 2024 - 13:58
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Renew Economy
Wednesday, October 30, 2024 - 13:51
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Renew Economy
Wednesday, October 30, 2024 - 13:45
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MacroBusiness
Wednesday, October 30, 2024 - 13:30
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Master Builders Australia CEO Denita Wawn has hit back at claims that the Morrison Government’s HomeBuilder stimulus contributed to the housing crisis by diverting construction capacity into renovations rather than new homes. Wawn asserted that rather than stimulus, a chronic undersupply was to blame for the rise in rental inflation. “The federal government had a |
MacroBusiness
Wednesday, October 30, 2024 - 13:00
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The speed of the Chinese property correction is something to behold: The latest data shows some impact from stimmies mostly in top-tier cities: Year to date is back on track for the worst case! Destocking has begun: Completions are still bad for commodity demand, down year on year: Green shoots still in play. The post Chinese property green shoots persist appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, October 30, 2024 - 12:30
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New research by Finder revealed that one-in-three mortgage holders, or around one million households, believe that they borrowed too much, up from 21% last year. Almost half (46%) of gen Z claim that they stretched themselves thin, followed by millennials (37%). That’s compared to 26% of gen X and 20% of baby boomers. As a The post Mortgage stretched Aussies burn through savings appeared first on MacroBusiness. |
Club Troppo
Wednesday, October 30, 2024 - 12:24
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Renew Economy
Wednesday, October 30, 2024 - 12:09
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MacroBusiness
Wednesday, October 30, 2024 - 12:00
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The new roaring twenties are US exceptionalism. The Market Ear has more. NASDAQ – can’t you see what’s going on? If it is all a risk on/off trade, then NASDAQ has some catching up to do. Chart shows NASDAQ vs BTC. Refinitiv Time to talk about Santa? Seasonality from here is very strong. Equity Clock The post US exceptionalism launches appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, October 30, 2024 - 11:59
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The Australian Bureau of Statistics (ABS) has released the all-important Q3 Consumer Price Index (CPI) data, which undershot economists and the Reserve Bank of Australia’s (RBA) expectations. Headline inflation rose by only 02% in Q2, below economists’ expectations of a 0.3% increase. This result was weighed down by energy and rental subsidies. Michelle Marquardt, ABS |
MacroBusiness
Wednesday, October 30, 2024 - 11:30
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The aggregated polls have been swinging: The swing states are a dead heat: I am concerned that these polls cannot be trusted. Whenever you get uniform swings like this, it reeks of pollster consensus hugging. I wonder how much they are smoothing outliers. This is what happened in the 2019 Australian election when Scott Morrison The post Why is Trump red hot favourite? appeared first on MacroBusiness. |
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