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Your Democracy Friday, May 24, 2024 - 07:51 Source

Thousands of students face severe consequences for protesting Gaza violence. Alan Macleod investigates the powerful financial and ideological ties to Israel driving the harsh responses from America’s top universities.

 

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Renew Economy Friday, May 24, 2024 - 07:45 Source
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The Tally Room Friday, May 24, 2024 - 06:30 Source

Ben was joined by Ruth McGowan, a candidate mentor and advocate for women in politics. We discussed the trends of increasing numbers of women being elected to public office in Australia, what barriers remain and what work is being done to get more women ready to run for parliament or council.

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MacroBusiness Friday, May 24, 2024 - 06:10 Source

DXY is up: AUD is down: China let CNY slip if look right up close: Oil and gold are pointing to commodity exhaustion: Copper and metals more like keeled over: Miners fell: EM fell: Junk has the jitters: As the steepeneer steepens: And stocks feel dizzy: So, is that the end of this latest round

The post Australian dollar crumbles with commodities appeared first on MacroBusiness.

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MacroBusiness Friday, May 24, 2024 - 00:05 Source

Australia’s economy might not be suffering a depression, thanks to record immigration-driven population growth. But Australian residents certainly are. Australian real per capita household disposable income fell by 6% in 2023, one of the world’s biggest declines: Alex Joiner, chief economist at IFM Investors, noted on Twitter (X) that “on a per capita basis, the

The post Australians suffer deep economic depression appeared first on MacroBusiness.

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Renew Economy Thursday, May 23, 2024 - 23:10 Source
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Renew Economy Thursday, May 23, 2024 - 20:56 Source
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Your Democracy Thursday, May 23, 2024 - 19:32 Source

Engagée dans la Résistance à Londres pendant la Seconde Guerre mondiale, Jeannine Manuel (1920-2003) participe à la libération de Paris en août 1944.

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The Australian Independent Media Network Thursday, May 23, 2024 - 17:13 Source

Allies for Uluru Media Release On 14 October 2023, more than six million Australians said ‘Yes’ to walking together with Aboriginal and Torres Strait Islander peoples for a better future.   In the wake of the referendum, the Allies for Uluru continue to stand in solidarity with Aboriginal and Torres Strait Islander Peoples. As a coalition…

The post Allies for Uluru Statement of Commitment appeared first on The AIM Network.

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MacroBusiness Thursday, May 23, 2024 - 16:30 Source

Market volatility remains somewhat high with tensions in the Taiwan Strait overshadowing last night’s FOMC minutes release, with Chinese stocks and their proxies like the ASX200 falling while a slightly weaker Yen is helping lift Japanese markets. More post close earnings on Wall Street is likely to lead to a positive open there tonight while

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, May 23, 2024 - 15:19 Source

The second of the four cooling towers of the decommissioned Biblis nuclear power plant is collapsing as planned during demolition in Biblis, Germany, Thursday, Feb. 23, 2023. It was not blown up, but destabilized with excavators until it collapsed. The nuclear power plant was decommissioned following Germany's nuclear phase-out in the wake of the Fukushima disaster in 2011.</body></html>

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Renew Economy Thursday, May 23, 2024 - 15:06 Source
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Renew Economy Thursday, May 23, 2024 - 14:54 Source
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MacroBusiness Thursday, May 23, 2024 - 14:00 Source

The Reserve Bank of New Zealand must have a death wish. New Zealand’s economy was already experiencing a technical recession at the end of 2023 and a very deep per capita recession: Consumer spending has crashed. Real per capita retail sales have plunged 12.4% below their peak, as illustrated below by Justin Fabo at Antipodean

The post Reserve Bank threatens to plunge economy deeper into recession appeared first on MacroBusiness.

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Renew Economy Thursday, May 23, 2024 - 13:47 Source
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MacroBusiness Thursday, May 23, 2024 - 13:30 Source

Last week, billionaire Meriton founder Harry Triguboff warned that he would develop fewer apartments going forward because selling them would be difficult amid high interest rates. “It is harder to sell apartments now than ever before”, Triguboff claimed. “The market for selling is definitely not rising…and it won’t rise much until we drop our interest

The post Harry Triguboff becomes nation’s largest landlord appeared first on MacroBusiness.

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MacroBusiness Thursday, May 23, 2024 - 13:00 Source

Labor’s federal budget projection of 395,000 net overseas migration (NOM) this financial year is looking even shakier following new figures showing that the number of international students enrolled at Australia’s universities was 17% higher than in 2023 as of March. The figures also show that a record 160,000 international students have enrolled at the nation’s

The post International student numbers continue to surge appeared first on MacroBusiness.

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MacroBusiness Thursday, May 23, 2024 - 12:30 Source

As the East Coast gas cartel once again runs wild: Driving a new power shock: It is becoming ever more clear how damaging the combination of weak-minded politicians and industry-captured Grattan Institute policy advice has been. In 2013, the Grattan Institute campaigned against domestic reservation of gas as QLD LNG exports took off. After the

The post Gas cartel runs wild on Grattan Institute advice appeared first on MacroBusiness.

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Your Democracy Thursday, May 23, 2024 - 12:19 Source

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MacroBusiness Thursday, May 23, 2024 - 12:05 Source

This week, we are jumping on to some practical finance questions for Australians. Should you pay off your mortgage faster, or should you contribute more to super? The answer (as always!) is: It depends. But we will give you the factors you need to consider in deciding for yourself. Then, one for the parents or

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MacroBusiness Thursday, May 23, 2024 - 12:00 Source

It’s like we’ve come full circle in two years to the last commodities bubble after Russia invaded Ukraine. Zoltan Pozsar became briefly famous by declaring Bretton Woods III was upon us before commodities crashed and he disappeared. A new crop of commodity interlopers is upon us: Aggregate bond indices are up in most countries on

The post Are commodites an inflation hedge? appeared first on MacroBusiness.

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Renew Economy Thursday, May 23, 2024 - 11:50 Source
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Renew Economy Thursday, May 23, 2024 - 11:46 Source
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MacroBusiness Thursday, May 23, 2024 - 11:30 Source

Is it the practice of newspapers to be objective reporters or to act as amplifiers for one side of the debate? The Guardian thinks it is the latter: So, who said the performance was “shambolic”? This bloke: The treasurer, Jim Chalmers, labelled Taylor’s appearance “shambolic”. He told reporters in Tasmania the shadow treasurer had “completely

The post Disintegrating Guardian rains FUD on Australians appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, May 23, 2024 - 11:27 Source

The application for arrest warrants by the Prosecutor of the International Criminal Court, Karim A.A. Khan in the Israel-Hamas War gives us a chance to revisit a recurring theme in the commission of crimes in international humanitarian law. Certain states, so this logic goes, either commit no crimes, or, if they do, have good reasons…

The post A Misplaced Purity: Democracies and Crimes Against International Law appeared first on The AIM Network.

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MacroBusiness Thursday, May 23, 2024 - 11:00 Source

The following chart from Alex Joiner, chief economist at IFM Investors, shows that Peter Costello’s Baby Bonus kids are hitting the labour market now: This can bee seen in the following chart showing the growth in Australia’s civilian population aged 15-plus: Australia’s civilian population aged 15-plus grew by 2.9% over the year to April, faster

The post Baby bonus generation faces tough job market appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, May 23, 2024 - 10:51 Source

Climate Council Media Release   The Climate Council has labelled the NSW Government’s decision to keep Australia’s largest coal-fired power station operating well past its scheduled 2025 closure date as a failure of climate leadership. Climate Councillor and Economist Nicki Hutley said: “This decision is a triple failure: it fails policy, it fails climate leadership, and…

The post Climate Failure: Eraring Power Station to Stay Open Beyond 2025 appeared first on The AIM Network.

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Your Democracy Thursday, May 23, 2024 - 10:50 Source

A new court filing unsealed on Tuesday in the Trump classified documents case revealed federal agents were prepared to use 'deadly force' when executing a raid at Mar-a-Lago in 2022.

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Renew Economy Thursday, May 23, 2024 - 10:47 Source
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MacroBusiness Thursday, May 23, 2024 - 10:33 Source

Still decent, though: Flash Australia Composite PMI Output Index: 52.6 (Apr: 53.0), 3-month low Flash Australia Services PMI Business Activity Index: 53.1 (Apr: 53.6), 3-month low Flash Australia Manufacturing PMI Output Index: 48.9 (Apr: 48.6), 8-month high Flash Australia Manufacturing PMI: 49.6 (Apr: 49.6), joint 9-month high Wazza Hogan reckons: “The Flash PMI report points

The post Aussie flash PMI slows appeared first on MacroBusiness.

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