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Renew Economy Tuesday, September 24, 2024 - 05:43 Source
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Your Democracy Tuesday, September 24, 2024 - 05:33 Source

In Germany's recent elections, a far-right, anti-immigration party claimed its first state victory since WWII.

The country has spent decades reckoning with its Nazi history, but far-right extremism and violent plots, particularly targeting Jews, Muslims, and immigrants, have been on the rise.

This environment has paved the way for the AfD (Alternative for Germany) party to gain political ground.

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MacroBusiness Tuesday, September 24, 2024 - 00:10 Source

Whenever the issue of housing affordability is raised, politicians and industry representatives always propose reducing barriers to purchase via demand-side measures. For example, the Albanese government recently spruiked that its expanded Home Guarantee Scheme accounted for one in three new first-home buyer mortgages last financial year: Banks have also pushed for mortgage terms to be

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The Australian Independent Media Network Monday, September 23, 2024 - 18:23 Source

By Denis Hay  Description Explore the hidden influence of neoliberalism shaping our institutions. Learn about the impact on policy and the path to a fairer political system. Introduction Neoliberalism has deeply infiltrated Australia’s key institutions, shaping policies that prioritize market interests over public welfare. From economic agencies to healthcare and local government, this ideology has…

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Your Democracy Monday, September 23, 2024 - 17:44 Source

https://www.youtube.com/watch?v=u15U2GOPB1k

Oprah Winfrey's Ridiculous, Celebrity-Filled, Town Hall For Kamala Harris, with Maureen Callahan

 

Megyn Kelly is joined by The Daily Mail's Maureen Callahan to discuss the Kamala Harris campaign town hall hosted by Oprah Winfrey, the elitist celebrity-filled event, Harris struggling to give substantive answers in this easy setting, and more.

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Your Democracy Monday, September 23, 2024 - 17:37 Source

The BRICS alliance has proposed setting up a new currency for trade among member countries as part of its de-dollarization strategy. Pending the August 2023 BRICS Summit, this initiative was speculated to be the principal topic of discussion. However, this proved to be wishful thinking. The possibility is still imminent, with Brazilian President Luiz Inacio Lula da Silva showing support for the BRICS currency last year. 

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Your Democracy Monday, September 23, 2024 - 17:14 Source

Ukrainian leader Vladimir Zelensky has slammed former President Donald Trump’s running mate, J.D. Vance, as “too radical” in his views on ending Kiev’s conflict with Moscow.

Zelensky’s comments were published as he arrived in the US, where he is expected to attend the UN General Assembly in New York and meet with President Joe Biden at the White House.

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MacroBusiness Monday, September 23, 2024 - 17:12 Source

Peter Purves Smith, ‘New York’ 1936, Art Gallery of NSW     AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225

The post Macro Afternoon: 23 September 2024 appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 17:00 Source

Asian share markets were in a mixed mood today with the absence of Japanese shares due to a holiday coupled with some poor local domestic economic news mixed up with a rate cut by the PBOC keeping everyone on their toes. The USD remains under the pump following last week’s FOMC meeting while the Australian

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, September 23, 2024 - 16:54 Source

Solutions for Climate Australia Media Release Still missing from the Coalition’s nuclear fantasy – any plans on costs, reducing climate pollution or nuclear accidents The public will have to keep waiting after Opposition Leader Peter Dutton failed to announce anticipated costings and other detail of the Liberal National Coalition’s nuclear proposal today. Following Mr Dutton’s…

The post Why is Peter Dutton so frightened of nuclear detail? appeared first on The AIM Network.

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Cheeseburger Gothic Monday, September 23, 2024 - 16:43 Source

I follow the tech journalist Mike Elgan on here, mostly for his weekend column of questionable technological developments such as, well, this…

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The Australian Independent Media Network Monday, September 23, 2024 - 16:12 Source

By Bert Hetebry If you want to hang out, you gotta take her out, cocaine If you want to get down, down on the ground, cocaine She don’t lie, she don’t lie, she don’t lie, Cocaine. Cocaine (J.J. Cale. 1976) Kids are different today I hear every mother say Mother needs something today to calm…

The post Sex and Drugs and Rock ‘n’ roll appeared first on The AIM Network.

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Renew Economy Monday, September 23, 2024 - 15:25 Source
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Renew Economy Monday, September 23, 2024 - 15:01 Source
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Renew Economy Monday, September 23, 2024 - 14:58 Source
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Renew Economy Monday, September 23, 2024 - 14:36 Source
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Renew Economy Monday, September 23, 2024 - 14:35 Source
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Renew Economy Monday, September 23, 2024 - 14:09 Source
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MacroBusiness Monday, September 23, 2024 - 14:00 Source

The Reserve Bank of New Zealand has projected around 2% of official interest rate (OCR) cuts over the next two years: The latest employment data series suggests that the Reserve Bank must bring forward cuts to stave off the deepening recession, which is already the most severe in the Anglosphere: On Friday, SEEK released its

The post Reserve Bank to cut hard amid job market collapse appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 13:30 Source

Credit Agricole with the note. The Fed delivered a 50bp rate cut at its September meeting and signalled more aggressive & front loaded easing ahead that nevertheless fell short of the market’s dovish expectations. The USD remained close to recent lows,but the question about the USD outlook from here seems to persist. To answer this

The post Australian dollar soft or hard landing? appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 13:00 Source

The RBA is going to look pretty bloody stupid: An unexpected decline in government spending means Labor started the financial year in a better budget position than expected just months ago, giving it flexibility for more cost-of-living support in the mid-year budget update. Ahead of an election campaign expected to start as early as March,

The post Here come more energy rebates appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, September 23, 2024 - 12:37 Source

Media Release Queensland’s regional communities are set to benefit from an announcement that will see the Queensland Nature fund triple in size, with significant investments made to support farmers, landholders and Aboriginal and Torres Strait Islander peoples capitalise on emerging natural capital markets. This new commitment, made by the Miles Labor Government yesterday will support…

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MacroBusiness Monday, September 23, 2024 - 12:30 Source

Newspoll suggests Labor is finished as a standalone political entity: TPP is a dead heat. Poll Bludger is even more clear: The trend suggests Labor will lose the May election. Still, if we get a Labor/Greens minority government what will it be like? If the example of the RBA is anything to go by, the

The post Loony Greens put Dutton into power appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 12:00 Source

The Albanese government will be pleased: Struggling Australians on income support are now either completely priced out of, or navigating severe rental stress across all capital cities and major regional centres across Australia due to rising prices, with one advocacy group calling for urgent action. Defining rental stress as situations where more than 30 per

The post Homelessness booms appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 11:30 Source

Analysis of data from the Australian Bureau of Statistics (ABS) shows that the number of employees in the construction industry rose by just 2,772 to 1.22 million in the two years to June. In contrast, the number of workers in the so-called ‘care economy’, which includes social assistance and healthcare services, has ballooned by more

The post Australia’s economy is starved of construction workers appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 11:30 Source

Taiwan knows a pathetic hypocrite when it sees it: Taiwan has urged Penny Wong to throw Australia’s support behind the self-governed territory’s bid for UN membership after the Albanese government backed Palestine’s admission to the global body. Taiwan’s top diplomat in Australia, Douglas Hsu, said Palestine’s recently upgraded UN status underscored the injustice of Taiwan’s

The post Australia backs Wong democracy appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 11:00 Source

Last week, Victoria’s bureaucrat responsible for implementing the government’s housing agenda, Jeroen Weimar, warned that Melbourne’s population is projected to balloon to more than 8 million people in only 25 years, meaning that Melbourne would “look fundamentally different in 25 years’ time”. “Melbourne will be the size of London from a population point of view

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MacroBusiness Monday, September 23, 2024 - 10:30 Source

Scott Rubner is worth listening to. The Market Ear. Medium term bearish When Scott Rubner speaks, you listen: “There are 32 trading days until the US election on November 5th (and 35 trading days until the next FOMC meeting on November 7th). I am cautious on risk pre-election and see investors reducing 1 delta and

The post Stocks enter the dead zone appeared first on MacroBusiness.

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MacroBusiness Monday, September 23, 2024 - 10:00 Source

China wants to be Germany, not the US. Instead, it will be Japan. There’s so much more property downside to come it takes the breath away: Mid-Autumn festival was a total bust for property. Golden Week is dead ahead. Or is that poo-brown week? Developers still starved of debt: LGFV bonds racing to meet quotas:

The post China sinks appeared first on MacroBusiness.

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xkcd.com Monday, September 23, 2024 - 10:00 Source

Hopefully the HVAC people set it to only affect the AIR in the room.

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