Blogotariat

Qantas Engineers’ Alliance Media Alert Hundreds of Qantas engineers are stepping up industrial action across all major Australian airports on Friday ahead of the Qantas AGM, as workers’ calls for fair pay have been ignored. Around 600 line maintenance engineers, responsible for critical tasks like towing and marshalling aircraft and conducting final safety checks before…

The Australian Workers’ Union, alongside the Approved Employers of Australia, is today launching a campaign to pressure the government to change rules that see guest farm workers having 35 per cent of their superannuation seized by the government on departure. The AWU is calling on Superannuation Minister Stephen Jones to urgently step in and change…

The post Campaign launched to end dodgy ‘super grab’ poisoning PALM scheme appeared first on The AIM Network.

Wind and solar developers are being met with "outrage" in regional communities, as political uncertainty and the nuclear debate take a toll on social licence.

FMG’s Q1 production report is out and appeared decent on the surface regarding volumes but it did not take long to expose the problem: 83% price realisation is up 1% QoQ but is still poor and $83 per tonne is even poorer. The high-quality ore missed as well, slipping from 101% the prior quarter. This

The post Fortescue shows its vulnerability appeared first on MacroBusiness.

The largest immigration-driven population boom in Canadian history created the country’s worst ever rental crisis. Canada’s population grew by an unprecedented 1.2 million people in 2023, driven entirely by record net overseas migration. This population surge pushed rental vacancy rates to an all-time low and rental inflation to record levels. In June 2024, Quebec Premier

The post How to fix the rental crisis appeared first on MacroBusiness.

CBA senior economist Stephen Wu has released a preview of next week’s Q3 CPI inflation release from the Reserve Bank of Australia (RBA). CBA expects that headline CPI rose by 0.3% over Q3 to be 2.9% higher year-on-year, driven by lower electricity prices (-16%) via rebates and fuel declines (-6%). More importantly, CBA forecasts a

The post Inflation forecast to fall back into RBA’s target appeared first on MacroBusiness.

Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief Strategist, David Llewellyn-Smith, look at the Trump trade – what are markets doing as betting odds improve. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the

The post MB Fund Podcast: The Trump Trade appeared first on MacroBusiness.

The Market Ear with charts. Borderline euphoria BofA’s risk-love sentiment index has grown in confidence to “borderline euphoria” levels lately. Bullish is not unique here… BofA NASDAQ – wedge alert NASDAQ is breaking below the massive wedge like formation. Note we are “well” below the 21 day. No bueno… Refinitiv Unstoppable? The surge in rates

The post Stockmarket euphoria turns panic appeared first on MacroBusiness.

CBA has released a chart pack showing how tight rental conditions are squeezing Perth tenants. Western Australia has experienced the strongest population growth over the past year, expanding by a nation-leading 3.1%: This extreme population growth has driven Perth’s rental vacancy rate to only 0.5%, the lowest in the nation: Strong demand combined with tight

The post Perth is a renter’s nightmare appeared first on MacroBusiness.

Tesla says a million EVs will have limited impact on the grid and will help soak up excess solar. Right now, the company is often paid to charge its EVs because of negative prices.

According to insolvency data from the Australian Securities and Investments Commission (ASIC), over 1,900 hospitality businesses failed last financial year as food and energy costs rose and discretionary consumer spending fell. The accommodation and food services sub-sector experienced a 50% rise in insolvency appointments last financial year to a record 1667, surpassing the previous high

The post Australia’s hidden café apocalypse appeared first on MacroBusiness.

It has been politically incorrect to tell the truth out loud in Australia. It’s time for carbon pricing and the arguments against it are weak.

Overnight saw the Canadian central bank cut rates by 50bps, helping the USD higher as the release of the latest Biege Book and US home sales data continued King Dollar’s uptrend against all the other major currencies. Euro continued its breakdown with Wall Street having a steep selloff near the close as risk markets start

The post Macro Morning appeared first on MacroBusiness.