Blogotariat

Asian share markets remain in a somewhat flat mood today with the return of Chinese stocks as all eyes are now on the Federal Reserve meeting tonight. This has extended to other risk markets which have remained steady as traders weigh up how big the rate cut could be, as the Australian dollar rises well

The post Macro Afternoon appeared first on MacroBusiness.

By Denis Bright   Immediately after the issue of election writs voters across Queensland usually receive a personalized letter from the State LNP in non-LNP seats and from LNP members in other state seats to solicit postal vote applications. This year’s LNP efforts replaced the personalized letters with a Dear Resident format. Envelopes received by electors…

Just a quick post as I’m musing the consequences of what could be a fundamental shift in AI. First, the background OpenAI is releasing a new model called o1 or Strawberry. More from The Verge: The training behind o1 is fundamentally different from its predecessors, OpenAI’s research lead, Jerry Tworek, tells me, though the company

The post A fundamental change to the economics of AI? appeared first on MacroBusiness.

Level of potential renewables, including curtailed wind and solar, hits new record as two big batteries flex their muscles for the first time and set new charging and discharging peaks.

The Australian’s Stephen Matchett has written an interesting article on the barriers Australian universities face when opening campuses offshore. It comes after Victorian Premier Jacinta Allan announced that the government would spend $5 million to help local universities establish overseas campuses and avoid the federal government’s international student quotas. Matchett notes that only 7% of

University of South Australia (UniSA) Media Release A team of international scientists alarmed by the loss of biodiversity across the world due to climate change has proposed a new approach to managing vulnerable landscapes, focusing on sites that are least impacted by changing weather. Known as climate change-refugia, these places experience weather conditions that are…

Former Victorian premier Daniel Andrews is under renewed scrutiny over a collision between his family’s car and a young cyclist in 2013. An expert review of the incident by Dr Raymond Shuey has been released. Shuey was the state’s former Assistant Commissioner for Traffic and Operations. The review has concluded that Andrews’ vehicle was “travelling

The post Dan Andrews “cover up” exposes “deeply flawed” system appeared first on MacroBusiness.

Eye candy for lunch. Drone Photography Award Winners.

Some of these are insane.

Moody’s with the report. Australian mortgage delinquency rates, which increased over the June quarter, will continue to rise moderately over the rest of this year as high interest rates and sticky inflation put financial stress on households. The latest data for the residential mortgage-backed securities (RMBS) we rate shows the share of prime-quality home loans

The post Mortgage delinquencies rising appeared first on MacroBusiness.

The Institute of Public Affairs recently published data estimating that 1.15 million net migrants have entered Australia since the last federal election in May 2022. This is already 62% higher than the previous record, established during the Rudd-Gillard government’s first term, when net overseas migration was 711,000. Business Council of Australia chief executive Bran Black

The Market Ear kicks us off with stock seasonals. You heard it here first There is rightly right now a lot of focus on short-term negative seasonals and reasons for uncertainty. However, we are now only 10 days away from the fourth quarter and we know that the talk of year-end rally, Christmas melt-up and

The post Stocks and the September bear appeared first on MacroBusiness.

Queensland government awards three major funding packages to state-based companies for works on the huge Borumba Pumped Hydro Project.