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Renew Economy
Thursday, October 10, 2024 - 12:17
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Renew Economy
Thursday, October 10, 2024 - 12:12
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MacroBusiness
Thursday, October 10, 2024 - 12:05
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Government Debt is rising, Personal debt is up, corporate debt is up. Insolvencies are suddenly rising, China is not riding to the rescue. What is the likelihood of a debt crisis in the near future? What are the signs to look for? Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer Damien The post MB Fund Podcast: Should You Be Worried About Debt Crisis? appeared first on MacroBusiness. |
MacroBusiness
Thursday, October 10, 2024 - 12:00
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Gottiboff has some ideas, all them bad: Alternative 1 Victoria has the best undeveloped gas deposits in Australia. They are on shore and are dissolved in very deep water, so don’t require fracking. Alternative 2 The giant Beetaloo gas field in the Northern Territory. It probably would take between two and three years to construct The post How to fix the gas crisis appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 10, 2024 - 11:30
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In 2006, Australia agreed to implement global “Tranche 2” anti-money laundering (AML) rules aimed at non-financial assets (especially property). Ever since, vested interests in the real estate, legal, and accounting professions have lobbied against this AML legislation, causing its implementation to be postponed. Stakeholder discussions in 2008, 2010, 2012, 2014, and 2017 resulted in the |
MacroBusiness
Thursday, October 10, 2024 - 11:00
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The latest election polling from Roy Morgan shows that Labor and the Coalition are tied 50%-50% on a two-party preferred basis. This week’s polling continues a run of close results stretching back 17 weeks since mid-June, nearly four months ago. Roy Morgan says that if the federal election were held now, the result would be The post Albanese government desperately banking on RBA rate cuts appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 10, 2024 - 10:30
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Here comes Santa. Early, as robots front run everything. Not with a roar If this is the break put to the upside, it sure is a slow motion one. Let’s see how this plays out, but a proper close above the 5800 area and this risks squeezing further. Refinitiv NDX seasonality Is upside the real The post Here comes Santa appeared first on MacroBusiness. |
MacroBusiness
Thursday, October 10, 2024 - 10:00
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Golden Week delivered a +20% year on year sales performance which is the best this year: Hardly tearing away so far: Inventory remain huge: And completions trending down: Early days still, with some hope, but nothing for commodity demand with completions to keep falling. The post More Chinese property green shoots appeared first on MacroBusiness. |
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The Australian Independent Media Network
Thursday, October 10, 2024 - 09:43
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Homelessness Australia Media Release October 10 2024 is World Homelessness Day and World Mental Health Day A shocking number of Australians with psychosocial disabilities are struggling with unmet housing and support needs, prompting calls for an urgent expansion of services. People with psychosocial disability, cognitive impairments and complex behaviours are among the fastest-growing groups of… |
MacroBusiness
Thursday, October 10, 2024 - 09:30
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SHFE has finally overhauled SGX: As one would expect, this is lifting steel output a little: The average utilization at China’s blast furnaces increased to around 85.6% as of Oct. 4, up by one percentage point from the end of September, and about three percentage points from the end of August, according to trade sources. The post Iron ore hope lives! appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 10, 2024 - 09:00
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The latest Federal Reserve Minutes underpinned risk markets belief that more rate cuts are on their way, but the USD still moved strongly against all the currency pairs with Euro at a new low while Wall Street bounced back to new record highs. This should translate to gains in Asian stock markets in today’s session. The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Thursday, October 10, 2024 - 07:56
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Netanyahu cancels defense minister’s US visitThe Israeli PM reportedly insists that he first needs to agree a response to Iran’s attack on the Jewish state with President Joe Biden first, according to Axios |
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MacroBusiness
Thursday, October 10, 2024 - 07:00
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A record number of Australian businesses entered insolvency last financial year, with firms in the construction and hospitality sectors most heavily impacted. According to data from the Australian Securities and Investments Commission (ASIC), 11,053 companies went into administration in the 2023-24 financial year. The rate of collapse has continued into this financial year, with ASIC |
MacroBusiness
Thursday, October 10, 2024 - 06:18
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The US dollar is up and away: AUD is in free fall though its uptrend is intact: North Asian has fallen through the trap door: Oil is caput: Metals hate DXY: Miners ouch: EM yawn: Junk no worries: Yields back-up ongoing: Stocks ATH: The Fed minutes were less unanimous on 50bps than it appeared but The post Australian dollar in free fall appeared first on MacroBusiness. |
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Your Democracy
Thursday, October 10, 2024 - 05:37
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NIMA: So nice to have you back, Richard and Michael. And let me just manage this. And let’s get started with the main question here that would be: Why is the United States not interested in putting an end to the conflict in the Middle East and in Ukraine? Which we know in both of these cases, they’re capable of doing this. |
MacroBusiness
Thursday, October 10, 2024 - 00:22
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Sometimes reading the AFR is like shooting fish in a barrel: Local borrowers are getting restless and wondering why Reserve Bank of Australia governor Michele Bullock says the RBA board does not expect to cut interest rates this year based on its economic outlook. There is both a simple and more technical explanation. The simple The post Why the RBA is going to cut hard, fast and deep appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 10, 2024 - 00:05
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On Wednesday, the Australian Bureau of Statistics (ABS) released quarterly data on dwelling commencements and completions. Over the June quarter, 40,300 dwellings commenced construction, nearly one-third below the Albanese government’s five-year 1.2 million housing target, which requires 60,000 dwellings to be constructed every quarter. In the 2023-24 financial year, only 158,750 dwellings commenced construction, 81,250 |
Renew Economy
Wednesday, October 9, 2024 - 22:50
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The Australian Independent Media Network
Wednesday, October 9, 2024 - 21:37
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By Bert Hetebry Does truth matter? How is truth discerned? Or more importantly what is truth? The German historian and philosopher, Hannah Arendt wrote of the Nazi regime in Eichmann in Jerusalem: A report on the Banality of Evil… “This constant lying is not aimed at making people believe a lie, but ensuring that no… The post Information, misinformation and blatant lies appeared first on The AIM Network. |
Your Democracy
Wednesday, October 9, 2024 - 21:19
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Pope Francis has just ‘created’ (appointed) twenty-one new cardinals, twenty of whom under the age of 80 will elect his successor. Among them is a bishop in Australia. |
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The Australian Independent Media Network
Wednesday, October 9, 2024 - 18:39
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By Denis Hay Description Explore the dangers of electing an LNP government in Queensland and the risks of job losses, corruption, and the misuse of public money. Introduction The upcoming Queensland elections offer voters a crucial choice – whether to continue a path of inclusive governance or risk electing a government marred by a track… The post LNP Government in Queensland: Dangers of Electing Them appeared first on The AIM Network. |
The Australian Independent Media Network
Wednesday, October 9, 2024 - 18:34
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There’s a bit of a tall poppy syndrome in Australia where we shoot down people more successful than ourselves, so I must say that I find it odd that people should mock Liz Truss who, after all, did manage to become Britain’s PM for a whole two months… Ok, it wasn’t quite two months but… The post In Liz We Truss! appeared first on The AIM Network. |
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George Monbiot
Wednesday, October 9, 2024 - 18:04
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Why do the mass killers of the fossil fuel industry walk free while the heroes trying to stop them are imprisoned? By George Monbiot, published in the Guardian 1st October 2024 |
Your Democracy
Wednesday, October 9, 2024 - 17:36
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WASHINGTON (Sputnik) - The United States is in a dangerous hiatus during outgoing President Joe Biden's lame duck period, which several US allies are trying to exploit, Jeffrey Sachs, a world-renowned economist and president of the UN Sustainable Development Solutions Network, told Sputnik. |
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Renew Economy
Wednesday, October 9, 2024 - 17:36
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MacroBusiness
Wednesday, October 9, 2024 - 17:30
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Most currencies were little changed across Asia today although Kiwi dropped sharply on the 50bps cut by the RBNZ while the USD remains calm in anticipation of the release of the latest Fed minutes tonight. Mainland Chinese markets took back all of their previous comeback gains as they continue to pivot on what the PBOC The post Macro Afternoon appeared first on MacroBusiness. |
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Renew Economy
Wednesday, October 9, 2024 - 15:33
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Renew Economy
Wednesday, October 9, 2024 - 15:30
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The Australian Independent Media Network
Wednesday, October 9, 2024 - 15:25
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Parliament of Australia Media Release The Joint Standing Committee on Migration today released the Migration, Pathway to Nation Building report, signifying the end of an almost two-year long inquiry on Australia’s migration system by the Committee. Committee Chair, Maria Vamvakinou MP, said ‘the Committee has conducted a comprehensive inquiry that has looked at virtually every aspect of the migration system… |
Renew Economy
Wednesday, October 9, 2024 - 15:04
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