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The Tally Room
Tuesday, December 5, 2023 - 10:00
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Sadly yesterday we heard that federal Labor MP Peta Murphy had died of cancer after a long illness. This is a website that covers elections, and Murphy’s death means a federal by-election will be coming up in her seat of Dunkley. I would expect this by-election to be held early in 2024. I have prepared a guide for that by-election, which you can read here. |
MacroBusiness
Tuesday, December 5, 2023 - 10:00
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Last week, the Australian Bureau of Statistics (ABS) released dwelling approvals data revealing that the number of dwellings approved for construction in the year to October collapsed to just 164,200, which is about 76,000 less than the Albanese government’s target of building 240,000 new homes a year: On Monday, the ABS also released data showing |
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The Australian Independent Media Network
Tuesday, December 5, 2023 - 09:58
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The Australian Dental Association Media Release The Australian Dental Association (ADA) today announced it was ready to work with the Albanese Government to put into practice some key recommendations form the Senate report into dental access. The Final Report into the Provision of and Access to Dental Services in Australia which was led by Greens… |
MacroBusiness
Tuesday, December 5, 2023 - 09:40
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The global gas glut has returned as it was always going to. The US is swimming in it: The EU is swimming in it: All the more remarkable because US exports replaced most of Russian: The Asian gas price is collapsing with more ahead, punctuated by winter cold snaps: Aussie spot prices are ridiculous again The post How to save the Albanese Government from “Chicken” Chalmers appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, December 5, 2023 - 09:20
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Don;t look now but DXY is back in the saddle: AUD put in am impressive shooting star reversal: Gold got whacked, oil looks like it wants to retest the lows: Dirt was hosed: Big miners puked: EM (China) is dead and buried: Junk stalled: Yields popped: Stocks dropped: There was no particular data point, but The post Australian dollar hosed appeared first on MacroBusiness. |
MacroBusiness
Tuesday, December 5, 2023 - 09:00
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Last night’s first session of the trading week lacked any major catalysts with stocks on both sides of the Atlantic slipping, Wall Street more so as oil prices took a dive despite some more strategic building of US reserves. The Australian dollar pulled back from its five month high to remain just above the 66 The post Macro Morning appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, December 5, 2023 - 08:30
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Way to go, Albo: The latest Resolve Political Monitor, conducted for this masthead by research company Resolve Strategic, found that core support for Labor was unchanged at 35% over the past month. While this is higher than the 32.6% primary vote for Labor at the last election, it is down from 42% following the May The post More dire Albo polling appeared first on MacroBusiness. |
Renew Economy
Tuesday, December 5, 2023 - 08:19
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Your Democracy
Tuesday, December 5, 2023 - 05:33
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Neoliberalist theory and practice went so horribly wrong because governments that put their faith in markets forgot one word – competition. |
Your Democracy
Tuesday, December 5, 2023 - 05:23
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I write this brief letter and appeal on this fifty-second day of conflict between the Israeli government and the hapless population in Gaza. I also write as a child of Holocaust and concentration camp survivors. LETTER TO THE DANDENONG COUNCIL, Melbourne, Australia, ABOUT THE IMMINENT GENOCIDE IN GAZA, November 29, 2023.
Imminent genocide in Gaza By John Janusz Ebel |
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Your Democracy
Tuesday, December 5, 2023 - 05:18
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The Pentagon chief Lloyd Austin has apparently revealed the true goal of his country’s enduring support for Ukraine and it has nothing to do with defending “democracy” or even battling Russia, but boils down to the modernization of the US military-industrial complex, ex-Russian President Dmitry Medvedev has said. |
MacroBusiness
Tuesday, December 5, 2023 - 00:05
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Over the weekend, The AFR’s John Kehoe defended the Reserve Bank of Australia’s (RBA) “straight talking”, saying that it is “needed to cut through the noise” in the “age of political spin and social media echo chambers”. Kehoe specifically mentioned RBA governor Michele Bullock’s statements that spending on things like hairdressers and dentists shows that The post RBA “straight talking” blames wrong inflation causes appeared first on MacroBusiness. |
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Your Democracy
Monday, December 4, 2023 - 21:00
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OUR DESTRUCTION OF nature IS LEGENDARY
as we burn more OIL than IS necessary
FURTIVE SHADOWs OF PASSING PLANES
That BOMB showers of goodwill in vain
because THE DEAD SPEAK ILL of THEMSELVES
FOR the survivors do their BEST
To hate and dream OF revenge lest
IN ALL HONESTY, I could be DISHONEST
NO WORRIES, mate, I WILL WALK AROUND TROUBLE
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The Australian Independent Media Network
Monday, December 4, 2023 - 18:41
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Refugee Action Coalition Media Release Inaction by the Australian government is leaving refugee families destitute. Despite promises from the PNG Immigration minister that the problem would be fixed, refugees still have no food vouchers, income, or access to medical help. Families have run out of food for their children; refugees have been left without electricity… |
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MacroBusiness
Monday, December 4, 2023 - 16:30
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Asian share markets are doing poorly in the first session of the trading week despite the rebound on Wall Street on Friday night with the weekend gap providing some volatility. Oil prices are continuing to fall with Brent crude now below the $77USD per barrel level while gold exploded higher on the weekend open to The post Macro Afternoon appeared first on MacroBusiness. |
The Australian Independent Media Network
Monday, December 4, 2023 - 16:20
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CFMEU Media Release The Construction, Forestry, Maritime Employees Union (CFMEU) has paid tribute to Labor MP Peta Dunkley who has died, aged 50. Ms Murphy died at home on Monday after a brave battle with breast cancer. CFMEU National Secretary Zach Smith said the Member for Dunkley had been a champion for workers. “This is… The post CFMEU mourns loss of Labor MP Peta Murphy appeared first on The AIM Network. |
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AustralianPolitics.com
Monday, December 4, 2023 - 15:58
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The death of Peta Murphy, the ALP member Dunkley, was announced to the Senate by the government leader, Penny Wong, at 2.00pm today. Murphy died from breast cancer. Formerly a solicitor advocate (2002-07) and barrister (2008-16), she was the Senior Public Defender at Victorian Legal Aid (2012-14) and Team Leader at the Victorian Law Reform Commission (2015). She was an adviser to former Attorney-General and future Federal Court judge Duncan Kerr (1999-2001). In opposition, she was Chief of Staff to the current Minister for Skills and Training, Brendan O’Connor (2017-19). |
Renew Economy
Monday, December 4, 2023 - 14:53
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Renew Economy
Monday, December 4, 2023 - 14:49
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MacroBusiness
Monday, December 4, 2023 - 14:30
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Like Australia and Canada, New Zealand is experiencing a record post-pandemic immigration boom, with net overseas migration a hitting an all-time high 118,800 in the year to September: Independent economist Tony Alexander noted last month that this 2.3% boost to New Zealand’s population “means upward pressure on rents and house prices because these people need |
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MacroBusiness
Monday, December 4, 2023 - 14:00
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This is how low things have sunk. MB gave Josh Frydenberg a fearful time as Treasurer for being irrepressibly inept. We coined him Josh “Recessionberg” because an ill-fated campaign to deliver a surplus for the 2019 election drove the economy into the ground, embedded deflation, and put politics ahead of sound economic management. But, in The post Bring back Recessionberg appeared first on MacroBusiness. |
MacroBusiness
Monday, December 4, 2023 - 13:30
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US bank credit marginally improved last week: However it is still -1% year on year and has grown at all in 16 months: Standards are tight: It is starting to show with very high rates of interest landing hard on auto and credit card loans: As excess savings drain away: I still think we are The post US credit crunch casualties mount appeared first on MacroBusiness. |
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MacroBusiness
Monday, December 4, 2023 - 13:00
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So says Westpac. ― The Westpac Card Tracker Index* posted a decent 4.5pt bounce in the week ended November 25, Black Friday sales generating a signifi cant lift in discretionary goods spend over and above the regular seasonal pattern. While this restores much of the apparent loss of momentum in October and early November, Black The post Black Friday bombs appeared first on MacroBusiness. |
Your Democracy
Monday, December 4, 2023 - 12:53
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Freedom of speech in America and most European nations has fully receded into a mythological concept. The American constitutional right is no longer valid. |
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Your Democracy
Monday, December 4, 2023 - 12:47
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Renew Economy
Monday, December 4, 2023 - 12:46
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Your Democracy
Monday, December 4, 2023 - 12:41
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Renew Economy
Monday, December 4, 2023 - 12:39
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MacroBusiness
Monday, December 4, 2023 - 12:30
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Australia experienced its largest-ever increase in mortgage refinances over the last three years. In mid 2023, monthly mortgage refinances peaked at $21.5 billion, up from around $10 billion in mid-2020, as reported by the Australian Bureau of Statistics. However, the boom in mortgage refinancing has clearly come to an end, with the total volume of The post Australia’s mortgage refinancing boom ends with a thud appeared first on MacroBusiness. |
Renew Economy
Monday, December 4, 2023 - 12:28
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Transgrid names winners of nearly $3 billion worth of contracts for HumeLink, where work is going ahead in the face of co
