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The Australian Independent Media Network
Monday, October 14, 2024 - 10:36
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UNSW Sydney Media Release If there is an industry in Australia that needs confidence right now, it’s the residential construction sector. Yet, at a time of unprecedented need to build, construction companies are collapsing like houses of cards, leaving consumers with lost deposits and half-finished homes. For consumers, embarking on building or renovating a home… |
MacroBusiness
Monday, October 14, 2024 - 10:30
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The Albanese government has set a target to build 1.2 million homes over five years, requiring an unprecedented volume of high-rise apartment developments in our major cities. However, there were numerous defects and issues with construction quality during the high-rise boom of the previous decade. These issues were summarised in a 2019 Four Corners investigation |
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MacroBusiness
Monday, October 14, 2024 - 10:00
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SHFE fell on Friday while SGX surged: Mad Dalian continued its jump: But the Saturday MOF briefing was a bust for bulks. Goldman assesses total steel demand impact of 1.4% for 2025. This roughly equates to 14mt of steel or 20mt of iron ore. And property will still withdraw more than that as the “completions The post No bazooka for iron ore appeared first on MacroBusiness. |
MacroBusiness
Monday, October 14, 2024 - 09:30
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It was another bust for Chinese stimulus on Saturday when the Ministry of Finance delivered more extend and pretend instead of stimulus or reform: Local governments will be allowed to use special bonds to buy unsold homes, Finance Minister Lan Fo’an announced at a briefing Saturday, without giving an amount. He hinted at room for The post China channels Japan into extend and pretend appeared first on MacroBusiness. |
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MacroBusiness
Monday, October 14, 2024 - 09:00
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While the latest US PPI print on Friday night was mixed, and the Middle East looks like the proverbial powder keg, risk markets decided to hit a higher gear and buy everything with Wall Street making another record high, pulling along European equities as well. Stock futures indicate this should translate to a good start The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Monday, October 14, 2024 - 08:53
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Renew Economy
Monday, October 14, 2024 - 08:46
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Cheeseburger Gothic
Monday, October 14, 2024 - 08:27
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I decided that my mental health could do with a break from doom-scrolling the US election so this morning rather than fall into my usual routine of checking all the overnight updates and hot takes I deliberately set my Substack cut out that noise. Instead of the usual round of news media sites, I read about twenty of pages of Tom Holland’s Pax - his history of Rome’s Golden Age. |
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Renew Economy
Monday, October 14, 2024 - 08:09
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Renew Economy
Monday, October 14, 2024 - 08:06
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MacroBusiness
Monday, October 14, 2024 - 08:00
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The National Disability Insurance Scheme (NDIS) currently costs nearly $50 billion after growing by around 20% per year. The Parliamentary Budget Office (PBO) warned that it could cost $100 billion annually within a decade, equalling the Aged Pension. An extensive Research Note from the e61 Institute think tank notes that the rapidly expanding ‘care economy’ The post Care sector leaves economy on life support appeared first on MacroBusiness. |
MacroBusiness
Monday, October 14, 2024 - 07:00
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The Department of Education has released data on international student enrolments, which shows that a record 943,977 students were enrolled in Australia as of July 2024: The following table shows the breakdown of enrolments by type of institution: As you can see, the strongest growth in student numbers since 2019 has come from vocational education The post Dodgy private colleges must be driven out of business appeared first on MacroBusiness. |
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Your Democracy
Monday, October 14, 2024 - 06:41
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The White House has published a letter from Vice President Kamala Harris’s doctor, describing her physical and mental condition as “excellent.” Her campaign immediately used the report to question whether former President Donald Trump is “hiding” something about his health. |
Your Democracy
Monday, October 14, 2024 - 06:22
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$1 TRILLION DEAL: Big US Banks Enjoy Billions in Profit as Depositors Are Taken Advantage Of https://www.youtube.com/watch?v=exyk98RI0RE
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT. |
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Your Democracy
Monday, October 14, 2024 - 06:16
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40 nations 'strongly condemn' attacks on UN peacekeepers in Lebanon The UK is among 40 nations to "strongly condemn" attacks on United Nations (UN) peacekeepers in Lebanon.
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Your Democracy
Monday, October 14, 2024 - 05:15
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There was a time when Netanyahu’s tactics would go unquestioned. That time helps explain those who continue to give Israel unqualified and unquestioning support and ties in with the “hard man” image Peter Dutton wants to own, writes Michael Pascoe. |
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MacroBusiness
Monday, October 14, 2024 - 00:10
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According to Juwai IQI, Australian property is once again the most sought-after destination for Asian buyers, especially Chinese. Daniel Ho, co-founder and group managing director of Juwai IQI, said the strong returns on Australian property, where prices had climbed by 42% in the last four years, were a major appeal for overseas investors. Other attractive The post Chinese buyers circle Australian housing appeared first on MacroBusiness. |
The Australian Independent Media Network
Sunday, October 13, 2024 - 19:57
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By James Moore I will not believe it. I cannot. There is nothing left to know about Donald Trump. And I will not accept that even the most base and uneducated of Americans will offer him enough support to restore him to the White House. Just after writing those sentences, I went to the betting… The post Donny is Done appeared first on The AIM Network. |
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Your Democracy
Sunday, October 13, 2024 - 16:51
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...this “consensus”, which was never actually a consensus, was decided in January 1993, an American scholar tells us, between “15th Street and 19th Street in Washington among the United States Treasury, the IMF and the World Bank, as well as some influential think tanks, a prominent majority of academics along with assorted editorialists and, most importantly, business interests.” |
The Australian Independent Media Network
Sunday, October 13, 2024 - 16:23
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By Denis Hay Description Protecting core institutions by strengthen unions, regulatory bodies, policing, and military for public good and prevent abuse of power. Introduction Protecting core institutions such as Australia’s labour unions, regulatory bodies, policing services, and military are foundational institutions that support societal stability and safeguard the public good. However, in recent decades, external… The post Protecting Core Institutions appeared first on The AIM Network. |
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Your Democracy
Sunday, October 13, 2024 - 15:21
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On 6 October, the head of the president of the Lebanese Association of Social Medicine said Israel has been bombing the southern suburbs of Beirut using banned bombs with uranium warheads and called for collecting samples from the bombed sites to send to the UN as part of an international investigation. |
Renew Economy
Sunday, October 13, 2024 - 14:38
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MacroBusiness
Sunday, October 13, 2024 - 10:39
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Prominent Sydney auctioneer and real estate agent Tom Panos has released his weekly market wrap, in which he notes that the “marketplace has very quickly moved from a seller’s market to a buyer’s market”. According to Panos, there is only “one reason: supply and demand” for the change. The supply of listings right now is The post Australian housing swings sharply into buyer’s market appeared first on MacroBusiness. |
The Australian Independent Media Network
Sunday, October 13, 2024 - 09:25
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Media Release: The Australia Institute Making traffic fines proportional to drivers’ incomes, as is done in Finland, is a fairer system according to a new report from The Australia Institute, supported by Uniting Vic Tas and Financial Counselling Victoria. With cost of living already pushing many Australians into financial difficulties, traffic fines can force low-income people into choosing… |
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MacroBusiness
Sunday, October 13, 2024 - 09:09
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DXY is taking a breather: As expected, AUD bounced: North Asia is weak: Gold and oil popped: Metals too: And bid miners: EM yawn: Junk is fine: Yields eased: Stocks ATH again: Here’s the chart of the week. CFTC longs jumped to 33k, the longest in six years, even as the price was smashed: This The post Australian dollar turns crazy China proxy appeared first on MacroBusiness. |
Your Democracy
Sunday, October 13, 2024 - 07:30
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Over the years I’ve learnt to chew and walk at the same time. It’s taken a while, but I think I’ve mastered it. Being able and willing to condemn the actions of Hamas, and criticising Iran while also condemning the callousness of Israel’s incursions into Gaza, the West Bank and now Lebanon is something I think most reasonable people can and should do.
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Your Democracy
Sunday, October 13, 2024 - 06:59
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NATO planning new Russia strategy – PoliticoThe bloc’s current policy towards Moscow was developed in a “different era” and needs to be changed, a US official has said NATO’s defense ministers will meet in Brussels next week to start rethinking the bloc’s decades-old strategy on relations with Russia, Politico has reported |
Your Democracy
Sunday, October 13, 2024 - 06:33
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The Indian government on Wednesday gave long-awaited clearance for a project to build two nuclear-powered attack submarines, national media have reported, citing sources. The project cost is estimated at around 450 billion rupees ($5.4 billion). |
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Your Democracy
Sunday, October 13, 2024 - 05:35
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Biden warns Iran against going after Trump – WaPoWashington would consider an attack on the former US president an act of war, the outlet has reported US president Joe Biden has told the White House National Security Council to warn Iran against trying to assassinate Donald Trump, the Washington Post has reported. |
The Australian Independent Media Network
Saturday, October 12, 2024 - 19:37
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A few coming events in our planet’s future – some predicted, some certain – will see the human race wiped off the face of the earth, literally. Of course there’s also the unpredictable, such as a rogue comet sending us the way of the dinosaurs or the absurd such as the sky eventually crashing down… The post Will we be in the future? appeared first on The AIM Network. |
