Blogotariat

You know that Australia has left the lunatics in charge of the asylum when its own National Anti-Corruption Commission (NACC) has been embroiled in corruption scandals. When the Royal Commission on the Robodebt Scheme issued its report, the commissioner in charge went to extraordinary lengths to recommend six people to the National Anti-Corruption Commission for

MB has been full of praise for the QLD’s ram raid on coal royalties several years ago. It was marvellously executed super profits tax perfectly timed to reap the benefits of the Ukraine War for the owners of the assets—Queenslanders. Now, BHP wants its royalty rort restored: The boss of BHP has criticised Queensland as

The post QLD must tell BHP to take a hike appeared first on MacroBusiness.

Australian media should be campaigning heavily to evict the Albanese government for three reasons. First, it is well known that of all the per capita recession sectors in Australia, media is suffering as much as anybody. Profits have been decimated. Headcounts are being cut. AI is rushing in. This is because the structure of the

The post Why media should campaign for Dutton appeared first on MacroBusiness.

Australia’s youth are saved! Why? Because an influential coalition of business, social, and youth leaders is supporting an Australian-first community-led policy forum that will draw on real-life experiences to break the political gridlock and offset widening divisions over changes to address the housing and rental crisis. Paul Bassat, co-founder of SEEK and venture capital fund

The British cannot help themselves. They are a meddling island people who conquered huge swathes of the earth in a fictional fit of absentmindedness and remain haughty for having done so. They have fought more countries they can name, engaged in more wars they care to remember. They have overthrown elected rulers and sabotaged incipient…

The post Virtuous, Smug and Venal: British Electoral Interference in the US appeared first on The AIM Network.

Earlier this year, CBA published the following chart showing the extraordinary correlation between the ratio of population change to unit completions and asking rents: In a nutshell, when population growth exceeds apartment construction, rental inflation rises, and visa versa. As we know, Australia’s population growth whiplashed over the past four years. Population growth crashed over

The post The boom and bust of apartment rents appeared first on MacroBusiness.

SHFE is hanging in: Dalian too: But there’s not much the cheer about. Property is up but well…meh… Rebar demand ain’t up. Better luck with infrastructure: Consumption sure ain’t a party: Doesn’t look like any stimmy “bazooka” I’ve ever seen.

The post Iron ore fades as stimmies disappoint again appeared first on MacroBusiness.

What is climate change doing to the world's driest inhabited continent?

Network operators want consumers to pay more for gas pipeline access, because they fear accelerated switch to all electric homes will leave their assets stranded.

Westpac economist Pat Bustamante has released a detailed report on the 2023-24 annual national accounts, which showed that the economy grew by 1.4% over the year. Bustamante notes that with public demand transitioning to a new record share of the economy, measured productivity growth will necessarily remain soft. Westpac shows that productivity growth in the

As you can see we’ve adopted a new WordPress theme.  Many thanks to our web guru Tony Sarhanis.  What do you think?  I really like it, although I have one reservation.You can’t scroll down the main posts column until the cursor gets to the bottom of the comments column. I suspect that’s a deliberate feature rather than a bug, because it forces the eye to look at the comments first.

US election live: Harris vows to 'represent all Americans' after Biden 'garbage' comment as Trump rallies in North Carolina

Kamala Harris and Donald Trump are continuing their campaign trails in the lead up to the election.

The Trump campaign is holding rallies in North Carolina and Wisconsin.

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.