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Your Democracy
Tuesday, October 22, 2024 - 12:13
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When you take on the role of the world’s policeman, don’t be surprised when countries who cannot fight their own wars call “911.” That is exactly what is happening to the United States on two fronts and it is bankrupting our country, depleting the military that should serve our own national interest, and threatening to drag the US into World War III.
Why Should We Fight Wars for Ukraine and Israel? |
MacroBusiness
Tuesday, October 22, 2024 - 12:00
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Escalating costs are arguably the greatest barrier to meeting the Albanese government’s target of building 1.2 million homes over five years. The Urban Development Institute of Australia’s (UDIA) 2024 State of the Land report showed that Greater Sydney’s median lot price was $641,250 as of Q4 2023, Greater Melbourne’s was $394,250, South-East Queensland’s was $374,250, Perth’s |
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Renew Economy
Tuesday, October 22, 2024 - 11:43
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MacroBusiness
Tuesday, October 22, 2024 - 11:30
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Former ACCC chairman Allan Fels and transport expert David Cousins released a report earlier in the year complaining about Transurban’s exploitation of Sydney motorists. The report also called for the NSW government to retake control of the state’s toll roads. Transurban owns 11 of New South Wales’ 13 toll roads, each negotiated under a separate The post Transurban ruthlessly plunders Australian motorists appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, October 22, 2024 - 11:00
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According to PropTrack, Western Australian home values have risen the most since the beginning of the pandemic in March 2020, rising by 78%: A boom in investors has driven part of this price increase. The following chart from PropTrack shows that the number of loan commitments to investors surged by 42% in the 12 months The post Western Australian first home buyers shafted by investors appeared first on MacroBusiness. |
The Australian Independent Media Network
Tuesday, October 22, 2024 - 10:39
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National Tertiary Education Union Media Release The National Tertiary Education Union (NTEU) has called for Australian National University Chancellor Julie Bishop to be sacked after appearing to blame staff for the organisation’s financial woes. ANU management has announced a restructure which risks more than 600 job losses, while also asking staff to forgo an already… |
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MacroBusiness
Tuesday, October 22, 2024 - 10:30
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It was exciting for the day. Goldman: The PBOC delivered 25bp cuts to both the 1-year and 5-year LPR today (Oct 21st) from 3.35%/3.85% to 3.1%/3.6%. The move was a small dovish surprise as the 25bp cuts align with the upper end of the 20-25bp range mentioned by the PBOC governor previously (vs. Bloomberg median The post China rates cuts whatevs, not whatever it takes appeared first on MacroBusiness. |
MacroBusiness
Tuesday, October 22, 2024 - 10:00
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SHFE and SGX parted ways in the last 24 hours: Mad Dalian was thumped overnight: Near term, the steel market is still enjoying improved conditions: Daily average hot metal output gained for a seventh straight week, rising 0.5% to 2.34 million tons as of Oct. 18, while profitability climbed for the eighth consecutive week to The post Iron ore volatility climbs appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, October 22, 2024 - 09:30
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The Greens have cancelled the King: Greens deputy leader Mehreen Faruqi says she will sit out today’s parliamentary reception for King Charles and Queen Camilla, and that she hopes the royal tour is their last visit to Australia. Faruqi says Labor’s move to ditch plans for a new republic referendum is a failure. Once a The post God save the King! appeared first on MacroBusiness. |
Your Democracy
Tuesday, October 22, 2024 - 09:05
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Two Harvard students recently revealed that it's possible to combine Meta smart glasses with face image search technology to "reveal anyone's personal details," including their name, address, and phone number, "just from looking at them." |
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MacroBusiness
Tuesday, October 22, 2024 - 09:00
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A night without significant economic data or other macro cataylsts has seen risk markets pull back across the complex, with only tech stocks leading the NASDAQ slightly higher while the USD continued its surge against the undollars. Euro and the Australian dollar were hammered yet again, with the former almost breaking below the 1.08 level The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Tuesday, October 22, 2024 - 07:59
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Your Democracy
Tuesday, October 22, 2024 - 07:18
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It is difficult to reconcile new Japanese Prime Minister Shigeru Ishiba’s expressions of concern for the security of his country with his advocation of an Asian version of NATO. The two ideas are contradictory to say the least.
We need PM Ishiba’s NATO like we need a hole in the head… By Teow Loon Ti
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MacroBusiness
Tuesday, October 22, 2024 - 07:00
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Last week, the Australian Bureau of Statistics (ABS) released a stronger-than-expected employment report, with 64,000 jobs created in September (51,600 full-time), a 0.1% decline in the nation’s unemployment rate, and record participation and employment-to-population rates. The strong result prompted interest rate traders to push back their expected timing of the first Reserve Bank of Australia |
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Your Democracy
Tuesday, October 22, 2024 - 06:57
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Whoever owns the narrative owns the world – and things just got a lot tougher for those of us opposed to the metastasising brain cancer known as US influence campaigns – or “perception management”.
US is spending $28 billion on Sinophobic propaganda to colonise your brain By Eugene Doyle
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MacroBusiness
Tuesday, October 22, 2024 - 06:34
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DXY is an unstoppable rocket: AUD is a scorched stool: CNY keeps being rewarded for cutting rates: Oil stuffed. Is gold noise or signal? If it is the latter, is it discounting American election violence? Commods crushed under DXY: Miners too: And EM: Junk anxiety is creeping in: As yields jackknife: Stocks have discounted nothing The post Australian dollar victim of American violence appeared first on MacroBusiness. |
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Your Democracy
Tuesday, October 22, 2024 - 06:15
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CBS News has said that it edited US Vice President Kamala Harris’ ‘60 Minutes’ interview to make her seem more “clear, accurate, and on point.”However, the broadcaster denied former President Donald Trump’s claims that doing so was “deceitful.” |
Renew Economy
Tuesday, October 22, 2024 - 06:13
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Renew Economy
Tuesday, October 22, 2024 - 06:07
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Prosper Australia
Tuesday, October 22, 2024 - 06:00
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Prosper Australia has expressed strong concerns over the Allen Labour Government’s recent announcement of 50 new activity centres across Victoria, citing the absence of any form of Land Value Capture (LVC) mechanism as a missed opportunity to ensure fairness and economic sustainability. |
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Prosper Australia
Tuesday, October 22, 2024 - 06:00
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Prosper Australia has expressed strong concerns over the Allen Labour Government’s recent announcement of 50 new activity centres across Victoria, citing the absence of any form of Land Value Capture (LVC) mechanism as a missed opportunity to ensure fairness and economic sustainability. |
Your Democracy
Tuesday, October 22, 2024 - 06:00
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The US Congress task force investigating the July 13 attempt on the life of Republican presidential candidate Donald Trump has confirmed that the Secret Service and local law enforcement did not coordinate properly. Trump was speaking at a rally in Butler, Pennsylvania when a bullet nicked his ear. One rally-goer was killed and two more seriously injured before the Secret Service neutralized the attacker on the roof of a nearby factory. |
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MacroBusiness
Tuesday, October 22, 2024 - 00:10
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CoreLogic’s daily dwelling values index shows that Sydney home values have recorded zero growth over the past 28 days, as illustrated below: Final auction clearance rates have fallen sharply across Sydney, pulling down prices. SQM Research managing director and founder, Louis Christopher, believes that last weekend’s auction results were the weakest since 2022, despite CoreLogic The post Sydney house prices are about to fall appeared first on MacroBusiness. |
Your Democracy
Monday, October 21, 2024 - 23:20
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A reception of King Charles III and Queen Camilla in the Parliament House in Canberra has been interrupted by an obscene rant from an indigenous Australian lawmaker. After the British monarch finished his address to the gathering on Monday, independent Senator Lidia Thorpe stepped forward and confronted him. |
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Your Democracy
Monday, October 21, 2024 - 22:29
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Elon Musk has hit back at German magazine Der Spiegel, after it branded the billionaire “public enemy No.2” and claimed he is working with Republican presidential candidate Donald Trump to “decompose liberal democracy.” In response, Musk insisted that he is a staunch defender of democracy. |
New Politics
Monday, October 21, 2024 - 21:58
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The Tally Room
Monday, October 21, 2024 - 21:34
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Ben is joined by ACT historian Chris Monnox and Tasmanian psephologist Kevin Bonham to dig into the results of last weekend’s ACT election, looking at the narrative, the likely shape of the new government and the close races not yet called. |
Renew Economy
Monday, October 21, 2024 - 21:23
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The Australian Independent Media Network
Monday, October 21, 2024 - 21:12
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By Denis Hay Description Explore youth crime statistics, the effects of neoliberalism, and how addressing root causes offers long-term solutions beyond incarceration. Introduction Youth crime in Australia has become a pressing issue, with many regions reporting increasing rates of theft, violence, and repeat offenses. As the debate around youth crime intensifies, solutions vary – from… The post Understanding Youth Crime in Australia appeared first on The AIM Network. |
The Australian Independent Media Network
Monday, October 21, 2024 - 17:47
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The warning signs of the Australian National Anti-Corruption Commission’s ineffectiveness were there from the start. The enacting legislation that brought it into existence, for instance, limit public hearings to “exceptional circumstances”, a reminder that the authorities are not exactly happy to let that large expanse of riffraff known as the public know how power functions… The post Weak Endeavours: The Meekness of Australia’s Anti-Corruption Body appeared first on The AIM Network. |
