Blogotariat

Here is Jim “chicken” Chalmers again late yesterday: Australia is not immune to a recession amid a struggling global economy, according to Jim Chalmers. “We won’t be completely immune from that… Our expectation is that the Australian economy will continue to grow, but so will the challenges to the Australian economy.” Addressing problems with skills

The post The extraordinary cost of Chicken Chalmers’ cowardice appeared first on MacroBusiness.

In 1974 in Kingston, Jamaica, aboard her yacht The Britannia, the Queen told me that ‘your Prime Minister had been ‘rude’ to my family.’ I was the Secretary of the Department of Prime Minister and Cabinet at the time.

BY JOHN MENADUE

Forgive me for mentioning it but when you read down you will understand.

The Ukrainian government is being heavily supported with American money, with Washington contributing $1.5 billion per month to the budget, Ukraine’s President Vladimir Zelensky has revealed.

The sum was mentioned by the Ukrainian leader during an interview with CBS host Margaret Brennan for the ‘Face the Nation’ program, which was aired on Sunday.

The Australian Bureau of Statistics (ABS) has released population and immigration data for the March quarter, which shows that we are well and truly back on board the ‘Big Australia’ train to oblivion. Net overseas migration (NOM) was 96,200 in the March quarter – the highest quarterly intake on record: This surge in NOM drove

The post Welcome back aboard the ‘Big Australia’ train to dystopia appeared first on MacroBusiness.

Global Macro / Markets / Investing: Corporate greed, not wages, is behind inflation. It’s time for price controls – The Guardian Boomerang Millennials And Gen-Zers Are Returning Back Home – Forbes Inside Luxury Bunkers Where Ultra-Rich Prepare for Doomsday: Report – Business Insider Bond issuance spree as U.S. companies rush before more rate hikes –

The post Links 27 September 2022 appeared first on MacroBusiness.

By 2353NM   Her Majesty Queen Elizabeth II was buried last week with all the pomp and ceremony the occasion deserved. Regardless of your views on the monarchy, for a person to perform the one role for 70 years without a break is an awe-inspiring effort. Certainly there was help, resources and good fortune, but there…

The post Now is not the right time … appeared first on The AIM Network.

They might even pay, given these look so similar to the goggles in Weapons of Choice. (And what’s a coupla mill’ extra from their procurement budget anyway?)

Back in 2011, I wrote a post arguing that

Add Italy to your global tail risks list as a new fascist government romps home in the polls. TLombard with the note. Amid the avalanche of political commentary around next Sunday’s near-certain prospect of Italy electing its most right-wing government since WW2, markets will remain focused on the perennial Italy-related systemic risk to the Eurozone.

The post And now for some Italian fascists… appeared first on MacroBusiness.

The latest data from CoreLogic shows that rents nationally soared by 10.0% in the year to August – the fastest annual rate of increase on record: In a similar vein, SQM research posted the tightest rental vacancies on record in August, with just 0.9% of rental properties nationally vacant: The ABC has added further insight

The post “Extraordinary” rental crisis about to get much worse appeared first on MacroBusiness.

The Canberra bubble is now a hermetically sealed mendacious dome under which lies prosper and public interest dies. Witness treasurer Jim “Chicken” Chalmers describe his own economic and budget wreckage today: The Albanese government will trim spending in the upcoming federal budget as part of efforts to trim Australia’s $1 trillion national debt, Treasurer Jim

The post Arrest Chicken Chalmers for treason appeared first on MacroBusiness.