Blogotariat

On 19 September 2024, the Senate referred the provisions of the Communications Legislation Amendment (Combatting Misinformation and Disinformation) Bill 2024, to the Environment and Communications Legislation Committee for report by 25 November 2024. Submissions close on the 30 September 2024 (Monday). Critics argue the bill will limit free speech and give the government too much…

Albert Edwards on the US economy. I must apologise for falling asleep on the job. I hadn’t spotted that the US personal saving ratio (SR) had slid all the way back to what I would describe as crisis levels. July’s decline below 3% should be sounding a very loud warning claxon in the ears of

The post Albert Edwards: COVID savings gone appeared first on MacroBusiness.

My latest in The Guardian

The Albanese government released the Australian Universities Accord Final Report in February, which announced the following higher education attainment targets: By 2050, Australia’s tertiary education attainment rate is expected to reach at least 80% of the workforce, up from 60% today. The proportion of Australians aged 25 to 34 having tertiary education is expected to

According to new analysis from the Committee for Economic Development of Australia (CEDA), Australians are living through the most protracted period of economic misery since 2011: Rising inflation has driven around half the rise in the misery index, followed by rising interest rates. “Inflation remains stubbornly high, despite having moderated since its peaks. It continues

The post Australia’s miserable economy appeared first on MacroBusiness.

THESE CLEVER PEOPLE ARE CHASTISED, DEMONISED BY THE SYSTEM AND THEIR DEPENDENCIES INCLUDING THE ACADEMIES THAT ARE NOW FULLY PART OF THE "ESTABLISHMENT", DO NOT TOLERATE DISSENT AND HATE THE TRUTH....

Dr. Pascal Lottaz 

Assistant Professor 

Waseda Institute for Advanced Studies (WIAS) 

Adjunct Professor for European Politics 

Temple University, Japan Campus (TUJ) 

SHFE hasn’t risen much but SGX iron ore has: Mad Dalian even more: Coking coal: Destroyed steel mill margins have just been re-destroyed. Not bullish. Mid-September CISA output lifted a bit: But that little rise was enough to reverse the steel inventory draw with stocks up 4.5%. The FE market is sick with little prospect

The post Iron ore to the moon! appeared first on MacroBusiness.

As of this morning, we have almost reached the end of the NSW council election count. It appears that all election day and pre-poll booths have been fully data entered, and they are just waiting for one more day of postal and declaration votes to be added.

Aula Energy, a newly launched offshoot of finance giant Macquarie, is to build its first wind farm after reaching financial close with the joint owner of the $740 million project.

RBA cash rate futures are slowly but surely getting the message that the Australian outlook for inflation is not so different to other developed markets. This week futures added a fifth rate cut before the end of 2025: While still a more shallow cycle than comparable economies, the process of deepening cuts will likely continue.

The post Christmas rate cut as “Millennial Recession” bites appeared first on MacroBusiness.

The Full Federal Court has rejected Attorney-General Mark Dreyfus’ argument that government ministers should be allowed to shred documents when they leave office. What’s the scam?

The scam is that Dreyfus shredded $300k+ of taxpayers’ finest on lawyers fighting for the right to shred documents paid for by the public which votes politicians into office.

Treasurer Jim Chalmers says China's continued economic growth is in Australia's interest, as the world's second-largest economy struggles with an ongoing real estate crisis and low confidence among everyday Chinese consumers.

What is being described as the biggest grid-connected sodium sulphur battery installation in Australia may be installed in one of Queensland's main clean energy hubs.