Blogotariat

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.

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.

Asian stock markets were somewhat mixed as the new trading week got underway as the PBOC joined the rate cut brigade with an expected cut to prime lending rates today while the RBA seemed to have reiterated its stubborn stance going into the end of the calendar year. Wall Street and European stocks are likely

The post Macro Afternoon appeared first on MacroBusiness.

Queensland could revert to coal central as calls grow for a power plan from the energised LN

A groundbreaking community pilot hopes to identify the opportunities and challenges as household electrification is scaled up across the whole country.

Sydney faces an impossible housing conundrum. Last week, Mirvac chief executive Campbell Hannan told a Citi investment conference panel that “there’s just not enough builders to build the homes because they’re busy with all the [government infrastructure work]”. NSW Treasurer Daniel Mookhey agreed, telling the conference that big infrastructure projects divert labour from housing construction.

The timeline for the massive Australian Renewable Energy Hub timeline has been pushed out to 2029 for first power and 2030s for green hydrogen and ammonia production.

There were only ever two reasons to read Crikey. Guy Rundle and Bernard Keane. Everything else is toilet paper. Now there is one reason: Crikey’s correspondent-at-large Guy Rundle has been sacked after he sent a text to ABC Radio saying sexual assault complaints have gone up because “every grope is now a sexual assault”. Guardian

The post Wokey cancels Rundle appeared first on MacroBusiness.

In late May, Judo Bank chief economist Warren Hogan projected that the Reserve Bank of Australia (RBA) would raise the official cash rate three times by the end of this year. It was an overly hawkish projection that the bulk of Australia’s economists disagreed with. The Australian Bureau of Statistics (ABS) stronger-than-expected employment report from last

Gold is a very useful currency. It rallies when the reserve currency is being debased owing to low real interest rates and as a safe haven. However, it is highly volatile and can dramatically overshoot. That is where we are now. Michael Hartnett leads us off: Gold Price: gold at $2695/oz, an all-time high (Chart4),

The post And now for a gold bubble appeared first on MacroBusiness.

The Reserve Bank of Australia (RBA) has published a research paper examining the claim that high interest rates are partly to blame for the rental crisis. This claim has come about because interest rates and rents often move together, suggesting that leveraged housing investors are passing through increases in their interest costs to their tenants:

The post RBA: Excessive population growth behind rental crisis appeared first on MacroBusiness.

SHFE was smashed Friday. SGX is hoping again: Likewise, Mad Dalian: Some of the short-term signals for steel have lifted. CISA early October output was up with margins but so was inventory: MySteel indexes are similar: The bigger picture remains down. NBS data was weak: Corroborated by cement: The steel rebound is partly driven by

The post Iron ore shorts wiped out appeared first on MacroBusiness.

China’s Friday growth data was OK with Q3 GDP edging down to 4.6% yoy in Q3 from +4.7. For September, industrial production rose 5.4%, fixed asset investment 3.4% yoy in September and retail sales 3.2%, in part thanks to cash-for-clunkers stimmies. However, the headline data as usual disguised deep weakness. The GDP deflator roared back

The post Chinese economy plods on to Japanification appeared first on MacroBusiness.