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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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The Australian Independent Media Network
Wednesday, October 9, 2024 - 14:57
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Experts at Master Builders Australia have warned that low apprenticeship numbers will worsen the nation’s housing crisis if action is not taken immediately. The warning comes after new Australian Bureau of Statistics data revealed that 2023-24 was the worst year for home building in more than a decade, dropping 8.8 per cent to 158,690 new… The post Worst year for new home builds in over 10 years marks need for action on labour shortages appeared first on The AIM Network. |
Renew Economy
Wednesday, October 9, 2024 - 14:35
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MacroBusiness
Wednesday, October 9, 2024 - 14:00
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New Zealand’s economy is a disaster zone. As illustrated in the following chart from Justin Fabo at Antipodean Macro, per capita GDP has fallen for seven straight quarters, with gross national income also down sharply in per capita terms: New Zealand has also registered the largest fall in per capita GDP compared with the decade |
The Australian Independent Media Network
Wednesday, October 9, 2024 - 13:31
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It was done for the Viet Cong in numerous countries during the US involvement in Vietnam. It was done for the African National Congress (ANC). It was done for the Irish Revolutionary Army (IRA). Across the United States, Europe and Australasia, all three organisations, demonised as terrorist outfits, received tacit, symbolic support from protestors. In… The post License to Muzzle: Taking Offence at Flag Wavers for Hezbollah appeared first on The AIM Network. |
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Renew Economy
Wednesday, October 9, 2024 - 13:05
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MacroBusiness
Wednesday, October 9, 2024 - 13:00
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Why is our idiot PM on his knees apologising for a joke? Moreover, how do the most toxic few dozen people in Australia get to take the high moral ground? Mocking a disability is no laughing matter. This is absolutely despicable behaviour from @AlboMP. The Prime Minister must immediately apologise to the entire Tourette’s community. The post I’ll show you some Tourette’s appeared first on MacroBusiness. |
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Cheeseburger Gothic
Wednesday, October 9, 2024 - 12:55
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Man, I had a bad night’s sleep last night. It felt like I got about two hours, but I am assured by someone not a thousand miles away from the other side of the bed that I was snoring like a bear for many hours. I think not. I feel so fucking shattered today, and I have strong memories of swatting mosquitos and chasing dogs off the bed at 2AM. Very hard to focus on the writing today. Makes me wonder when I became such a wuss. I used to do all my best work at 2AM with a head full of cheap whisky and a tummy full of hot chips. |
Renew Economy
Wednesday, October 9, 2024 - 12:51
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Renew Economy
Wednesday, October 9, 2024 - 12:45
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Your Democracy
Wednesday, October 9, 2024 - 12:34
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https://www.youtube.com/watch?v=26yf9jxsdyU Even Jussie Smollet couldn’t make this stuff up: Sen. John Kennedy Sen. John Kennedy, R-La., discusses how the government failed to prepare for Hurricane Helene on ‘Hannity.’
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MacroBusiness
Wednesday, October 9, 2024 - 12:30
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Investment bank Barrenjoey has called on financial regulators to consider a scheme it argues would give first-home buyers access to cheaper loans and allow them to borrow up to 3% more. In a supplementary submission to the Senate Economics inquiry examining financial regulations and homeownership, Barrenjoey has urged the Australian Prudential Regulatory Authority (APRA) to |
MacroBusiness
Wednesday, October 9, 2024 - 12:00
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Australia runs a large skilled migration program. Over the past 20 years, 2.3 million permanent skilled visas have been issued in Australia. Earlier this year, the Committee for Economic Development of Australia (CEDA) released research showing that half of skilled migrants work in overqualified occupations and earn far lower incomes than locals with the same |
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Renew Economy
Wednesday, October 9, 2024 - 11:48
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MacroBusiness
Wednesday, October 9, 2024 - 11:30
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Clare O’Neil is challenging Mad King for Australia’s most treasonous minister. Women are making such a difference to ALP! Having been central to the creation of the housing crisis by tearing down the borders as Minister for Home Affairs, O’Neil is now pretending to fix her own disaster by selling the parliament a series of The post The housing “silver bullet” is sacking Clare O’Neil appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, October 9, 2024 - 11:00
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In September 2022, the newly elected Albanese government held the Jobs & Skills Summit with the primary objective of accelerating net overseas migration into Australia. Then Home Affairs Minister Clare O’Neil stated that immigration had been the “special sauce in our national story” and called for more. O’Neil stated that Australia needed to shift “away from |
xkcd.com
Wednesday, October 9, 2024 - 11:00
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MacroBusiness
Wednesday, October 9, 2024 - 10:30
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The Australian’s James Kirby has published a fearmongering report claiming that cuts to incentives for property investors that the former government introduced three years ago have given New Zealand the mantle of the world’s worst rental market: “After the NZ government cut tax incentives for property investors three years ago, the volume of investment funds |
MacroBusiness
Wednesday, October 9, 2024 - 10:00
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A chastened Bloomberg has turned on its master: Ever since President Xi Jinping sought to draw a line under China’s slowdown last month, investors have clamored for him to back up monetary easing with a powerful fiscal stimulus to help fuel one of the nation’s biggest stock rallies in years. But those who hoped to get an The post More China yawnulus appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, October 9, 2024 - 09:30
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SHFE and SGX converged yesterday: Dalian kept falling overnight after the NDRC stimulus bust: Goldman sums it up: The past week’s China stimulus induced mining sector rally was driven by repositioning and short covering across the metals and the ferrous complex according to our commodity trading team with the second largest weekly increase on record The post Iron ore mania ends appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 9, 2024 - 09:00
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Fedspeech that rate cuts could be more than 50 basis points got Wall Street back in the game overnight, helped along with potential pullback in Israeli aggression towards Iran. This took the heat out of oil prices but currency and bond markets remain cautious to say the least. The USD remains quite firm, keeping Euro The post Macro Morning appeared first on MacroBusiness. |
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Your Democracy
Wednesday, October 9, 2024 - 08:44
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IN THE PAST, PHILOSOPHERS DISCUSSED WHAT THE IDEALS OF HUMAN BEHAVIOUR SHOULD BE. ALEKSANDR DUGIN ANALYSES WHAT IS… HE EXPLORE THE DEVIOUS NATURE OF THE BRIGANDS AND DANGEROUS PSYCHOS WHO RULE THE WORLD BECAUSE WE LET THEM TO. |
MacroBusiness
Wednesday, October 9, 2024 - 07:00
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At its September monetary policy meeting, the RBA suggested that the official cash rate would remain on hold for the foreseeable future. The RBA statement noted that the underlying inflation rate of 3.9% over the year to the June quarter “is still some way above the midpoint of the 2%–3% target range”. It also noted The post RBA hard pivots on inflation and interest rates appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, October 9, 2024 - 06:57
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DXY is taking a breather: AUD is not: Flushed away with CNY as stimmies fail: Commods too: Miners ouch: EM was not as bad: Junk is serene: Nonetheless, yields backed up a bit. This is positional in my book: Stocks just won’t sell: China pulled the rug with no new stimmies yesterday from the NDRC. The post Australian dollar crashes with commodities appeared first on MacroBusiness. |
Your Democracy
Wednesday, October 9, 2024 - 06:55
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Your Democracy
Wednesday, October 9, 2024 - 05:59
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From Ukraine’s perspective, the military confrontation with Russia appears to have finally reached a stalemate. Vladimir Zelensky’s latest diplomatic tour, aimed at shaking up support for Kiev in the West, has brought no breakthroughs. And the future of the conflict is now very much up in the air.
By Vitaly Ryumshin, Gazeta.Ru political analyst
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Your Democracy
Wednesday, October 9, 2024 - 05:53
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Russia's intelligence agency has been on a mission to generate "sustained mayhem on British and European streets", the head of MI5 has said. Giving his annual update on security threats faced by the UK, Ken McCallum said GRU agents had carried out "arson, sabotage and more dangerous actions conducted with increasing recklessness" in Britain after the UK backed Ukraine in its war with Russia. |
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MacroBusiness
Wednesday, October 9, 2024 - 00:11
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This is what happens when you allow appease a cartel. The cartel’s mouthpiece yesterday threatened to black out the East Coast: Without new gas supply, eastern Australia faces an increased the risk of blackouts, disruptions and higher energy bills – especially in Victoria and NSW. It is no coincidence that these are the same states The post China’s gas cartel threatens to black out East Coast appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 9, 2024 - 00:10
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I noted on Monday how Australians are experiencing their longest per capita recession on record following six consecutive quarterly falls and seven declines in the previous eight quarters. The OECD’s most recent economic outlook cut Australia’s GDP growth forecast for 2024 to 1.1%, down from 1.5% in the previous edition in May. The OECD also estimated The post Australia’s private sector recession deepens appeared first on MacroBusiness. |
