Blogotariat

Oz Blog News Commentary
The Tally Room Sunday, March 9, 2025 - 21:14 Source

Ben is joined by William Bowe from the Poll Bludger to wrap up the results of yesterday’s Western Australian state election, which was a third consecutive landslide victory for Labor.

Read more Views: 142
Club Troppo Sunday, March 9, 2025 - 17:42 Source

There was an ostensible “news” article on the ABC news site about Trump’s executive order (EO) titled “DEFENDING WOMEN FROM GENDER IDEOLOGY EXTREMISM AND RESTORING BIOLOGICAL TRUTH TO THE FEDERAL GOVERNMENT.” The capitalisation is not mine; it is in the executive order FFS! The Whitehouse is becoming an ALL_CAPS tweet factory.

Read more Views: 130
Your Democracy Sunday, March 9, 2025 - 17:09 Source
Read more Views: 133
The Tally Room Sunday, March 9, 2025 - 15:45 Source

For this post I wanted to put together a bunch of my thoughts the day after the WA election. I will be recording a podcast this afternoon and I hope to get it out before the end of the day.

Firstly, let’s zoom out and look at the scale of the result.

Labor won 41 seats out of 59 at the 2017 election, alongside 18 Liberals and Nationals. The 2021 result saw Labor win 53 seats, to just six for the conservative parties.

Read more Views: 170
Renew Economy Sunday, March 9, 2025 - 15:21 Source
Read more Views: 168
MacroBusiness Sunday, March 9, 2025 - 14:59 Source

Goldman on the EUR rocket. Based on our models, the Euro’s surge this week went far beyond its typical relationship with 1-year growth expectations (even if we allow for a more front-loaded shift than our economists expect) and, to a lesser degree, the currency also strengthened more than can be explained by higher Bund yields.

The post Australian dollar takes a European gap year appeared first on MacroBusiness.

Read more Views: 125
Your Democracy Sunday, March 9, 2025 - 12:48 Source

French Prime Minister Franсois Bayrou has rejected the idea of consulting the public on critical defense decisions, asserting that such matters fall under government responsibility.

In an interview on CNews and Europe 1, journalist Sonia Mabrouk asked Bayrou whether the French people should have a say in major defense policies, including the financial burden of increased military spending and the shift towards a “war economy.”

Read more Views: 162
Your Democracy Sunday, March 9, 2025 - 12:28 Source

Amazon CEO Jeff Bezos has taken full creative control of the James Bond franchise after longtime producer Barbara Broccoli reportedly called his executives “f**king idiots,” the Hollywood Reporter wrote on Friday.

According to insiders, Bezos reacted immediately, ordering her removal at any cost, which ultimately led to a $1 billion deal. As a result, Amazon now holds full control over the future of James Bond.

Read more Views: 172
Your Democracy Sunday, March 9, 2025 - 06:25 Source

Ukraine updates: Fatal Russian strikes in Donetsk, KharkivUkrainian President Volodymr Zelenskyy has slammed "vile and inhumane" Russian strikes that killed and wounded civilians overnight. Polish Prime Minister Donald Tusk has called the Russians "barbarians." DW has more.

 

read more

Read more Views: 186
Your Democracy Sunday, March 9, 2025 - 04:54 Source

Donald Trump’s return to the White House is shaping up to be nothing short of a political revolution. The new administration is rapidly dismantling the old order, purging the ruling elite, reshaping both domestic and foreign policy, and cementing changes that will be difficult to reverse – even if his opponents regain power in future elections.

 

Read more Views: 189
Your Democracy Sunday, March 9, 2025 - 04:37 Source

A surprise revenue gain is giving Labor more options to help households in the federal budget to be delivered on March 25, creating room for a new round of energy bill relief before an election that will be held in May.

Prime Minister Anthony Albanese has confirmed the budget date and election plan after top cabinet ministers signed off on major policies, intensifying a contest on economic policy with Opposition Leader Peter Dutton.

 

Read more Views: 193
The Tally Room Saturday, March 8, 2025 - 21:00 Source

6:57 – Bunbury is the kind of seat that would fall if the conservative parties were close to taking power, but the swing is falling a long way short. The first booth has a 17.7% swing away from Labor and 8.4% to the Liberals – the ABC thinks that’s a 2PP swing of 12.4%, which is far short of what they’d need to win.

Read more Views: 176
Your Democracy Saturday, March 8, 2025 - 12:47 Source

The 2024 election between Kamala Harris and Donald Trump makes clear that the U.S. has two right-wing parties and no effective left-wing opposition.

Read more Views: 150
Your Democracy Saturday, March 8, 2025 - 12:24 Source

US President Donald Trump pledged to go ahead with his campaign of "swift and unrelenting action" in reorienting the country’s economy, immigration and foreign policy in his address to Congress.

Read more Views: 172
New Politics Saturday, March 8, 2025 - 08:00 Source

Read more Views: 207
Your Democracy Saturday, March 8, 2025 - 04:02 Source

— TRUMP: Let's make a deal...

— PUTIN: Sure... but I don't like your FRIEND's attitude...

— TRUMP: He's not my friend... 

— PUTIN: He used to be yours...

— TRUMP: I have let him loose "to do what he wants"...

— PUTIN: He seems to have doubled up on what America "used to do"...

— TRUMP: We've given up punching you in the face...

— PUTIN: I smell a rat...

— TRUMP: It's a dog...

— PUTIN: What's his name?

Read more Views: 155
MacroBusiness Saturday, March 8, 2025 - 00:05 Source

International Reading: Elon Musk says the Post Office and Amtrak should be privatized – Business Insider Trump lifting US sanctions on Russia — a ‘huge win’ for Putin, ‘chaos’ for global economy – Kyiv Independent GOP Lawmakers Unveil Bill To ‘End The Fed’ – Daily Caller ‘Doge’s actual impact is less than $10bn’ – FT

The post Weekend Reading and media appearances appeared first on MacroBusiness.

Read more Views: 168
Your Democracy Friday, March 7, 2025 - 20:07 Source

BBC chairman Samir Shah and director-general Tim Davie apologized to the British Parliament on 3 March over for including 13-year-old Abdullah al-Yazouri in a recent documentary on the impact the Israeli genocide has had on Gaza’s children.

“This is a really, really bad moment,” Shah told MPs. “What has been revealed is a dagger to the heart of the BBC’s claim to be impartial and to be trustworthy, which is why I and the board are determined to ask the questions.”

Read more Views: 184
MacroBusiness Friday, March 7, 2025 - 18:57 Source

      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: 7 March 2025 appeared first on MacroBusiness.

Read more Views: 177
George Monbiot Friday, March 7, 2025 - 18:54 Source

Could Trump and Musk be seeking to end our time on Earth?

By George Monbiot, published in the Guardian 5th March 2025

In thinking about the war being waged against life on Earth by Donald Trump, Elon Musk and their minions, I keep bumping into a horrible suspicion. Could it be that this is not just about delivering the world to oligarchs and corporations – not just about wringing as much profit from living systems as they can? Could it be that they want to see the destruction of the habitable planet?

Read more Views: 3
Your Democracy Friday, March 7, 2025 - 18:00 Source

EU leaders to back defence surge, support Zelensky at emergency summit after US aid freezeMacron says he'll confer with allies on protecting Europe with French nuclear deterrenceRussia says Macron is detached from reality after nuclear commentsPoland and Baltic nations welcome Macron's nuclear deterrent proposalUS envoy Witkoff says he is arranging talks in Saudi Arabia with Ukrainians on peace 'framework'

Read more Views: 176
Renew Economy Friday, March 7, 2025 - 14:48 Source
Read more Views: 171
Renew Economy Friday, March 7, 2025 - 14:05 Source
Read more Views: 126
MacroBusiness Friday, March 7, 2025 - 14:00 Source

On Thursday, Statistics New Zealand released data on Building Work Put in Place, which showed that residential construction plunged by 4.9% in Q4 2024, to be 25% down from its previous peak in Q3 2022. The following chart from Justin Fabo from Antipodean Macro also shows that the level of building was revised down in

The post New Zealand’s housing market crashes appeared first on MacroBusiness.

Read more Views: 129
MacroBusiness Friday, March 7, 2025 - 13:30 Source

From July 1, 2024, Victorian non-profit private schools with an income per student of more than $15,000 were liable to a 4.86% payroll tax. These schools would pay the Victorian government an estimated $101.8 million in 2025. An investigation by The Age revealed that the payroll tax charge resulted in an average annual tuition increase

The post Why are private schools charged payroll tax? appeared first on MacroBusiness.

Read more Views: 125
Renew Economy Friday, March 7, 2025 - 13:01 Source
Read more Views: 125
MacroBusiness Friday, March 7, 2025 - 13:00 Source

An excellent summary of the factors at work in the equity market from Zero Hedge. “Headline fatigue is hammering markets,” according to one well-positioned trader who noted that US equities traded definitively lower today despite Trump delaying tariffs on Mexico and Canada today (an incremental positive for sure)… This is the market’s worst three-week spell since

The post Is the bear done yet? appeared first on MacroBusiness.

Read more Views: 140
MacroBusiness Friday, March 7, 2025 - 13:00 Source

Wednesday’s Q4 national accounts showed that Australia’s economy finally emerged from its prolonged per capita recession, recording the first increase (+0.1%) in GDP per capita in 21 months. In its media release following the result, the Australian Industry Group (AIG) cautioned that the “improvement in GDP masks continuing private sector weakness”. “Today’s national accounts data

Read more Views: 135
Renew Economy Friday, March 7, 2025 - 12:32 Source
Read more Views: 129
MacroBusiness Friday, March 7, 2025 - 11:30 Source

As it should. Bloomberg. While bleak quarterly results from Australian peers last month helped trim its valuation, Commonwealth Bank remains one of the most expensive bank shares globally. The stock trades at 25 times forward earnings, almost double JPMorgan Chase & Co.’s multiple. “The banks’ latest results were not good enough to meet lofty expectations

The post CBA bubble bursting? appeared first on MacroBusiness.

Read more Views: 124

Pages