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Renew Economy Tuesday, February 13, 2024 - 15:25 Source
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Renew Economy Tuesday, February 13, 2024 - 14:23 Source
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Renew Economy Tuesday, February 13, 2024 - 14:03 Source
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MacroBusiness Tuesday, February 13, 2024 - 14:00 Source

Ah, the fake left Guardian and its stupid, lagging and hypocritical ideas: These are the findings of the latest Guardian Essential poll of 1,148 voters, which found 56% support for providing more benefit to low- and middle-income earners by trimming tax cuts for high-income earners but less than majority support for other measures reducing tax

The post Sack Lenore Taylor with prejudice appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, February 13, 2024 - 13:47 Source

A Charles Darwin University (CDU) academic has answered one of the modern-day legal world’s most burning questions: Can Artificial Intelligence (AI) write laws?  New research by CDU Associate Professor Guzyal Hill put ChatGPT to the test by asking it to compare, analyse and produce domestic violence legislation, exploring the quality of its legal draft work alongside the…

The post Can AI write laws? Lawyer puts ChatGPT to the test appeared first on The AIM Network.

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Renew Economy Tuesday, February 13, 2024 - 13:34 Source
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MacroBusiness Tuesday, February 13, 2024 - 13:30 Source

The NBN’s huge fixed costs require that nearly every Australian household subscribe to the network in order for it to be financially viable. However, as more homes abandon the NBN in favour of wireless options, including 5G mobile and Elon Musk’s Starlink satellite internet system, the NBN’s fixed expenses are shared across a diminishing subscriber

The post NBN sheds jobs as ‘death spiral’ worsens appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, February 13, 2024 - 13:22 Source

Animals have, at times, been given the same dismissively nasty treatment humans love giving themselves. Be it detention, torture, trial, and execution, the unwitting creatures can be found in the oddest situations, anthropomorphised with all the characteristics of will, thought and intention. By way of ghastly example, the Norman city of Falaise hosted the execution…

The post Feathery Infiltrators: The Case of the Pigeon Spy appeared first on The AIM Network.

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MacroBusiness Tuesday, February 13, 2024 - 13:00 Source

A snippet here on the US labour market from Standard Chartered: The BLS estimates of immigrant population and employment are very likely too low. The Congressional Budget Office (CBO)uses a top-down methodology and estimates that 3.3mn immigrants arrived in 2023, of which 2.5mn were undocumented or overstayed visas. CBO expects similar immigration in 2024. At

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Renew Economy Tuesday, February 13, 2024 - 12:40 Source
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MacroBusiness Tuesday, February 13, 2024 - 12:30 Source

The Housing Industry Association (HIA) says planning approvals will need to be streamlined if the federal government’s target of building 1.2 million homes in the five years from mid-2024 is to be achieved. The HIA has forecast that just over one million new homes will be built over five years unless approvals are fast-tracked, labour

The post Albo’s housing target implodes appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 12:00 Source

Lying is a way of life for corporations. So, when you launch a new business venture that will: do material harm to your home country; increase the likelihood of WWIII; do material harm to the environment, and bankroll a vicious military junta. Then create a video like this one, and everything will be OK:

The post Pilbara killer meets Bambi appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 11:30 Source

The latest Household, Income and Labour Dynamics in Australia (HILDA) survey is out and one of the interesting findings is that young adults in Australia are delaying their traditional transition to adulthood and spending more time at home with their parents. As shown in the table above, just over half of young men (54%) and

The post Young Aussies forced to live with parents amid housing shock appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, February 13, 2024 - 11:25 Source

Oxfam Australia Media Release Oxfam Novib, together with PAX, and the Rights Forum organisations, has won a lawsuit against the Dutch Government for exporting arms to Israel that are being used in the war in Gaza. The Dutch Court ordered the government of Netherlands to stop supplying F35 fighter jet parts to Israel within seven…

The post Oxfam reaction to the Dutch court’s decision to stop military exports to Israel appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, February 13, 2024 - 11:15 Source

Everybody’s Home Media Release As pressure mounts on the federal government to wind back property investor tax breaks, a national housing campaign is calling for the handouts to be scrapped entirely.  In its pre-budget submission, Everybody’s Home has urged the government to abolish negative gearing and the capital gains tax discount to make housing in…

The post Housing campaign calls for govt to dump investor handouts in budget appeared first on The AIM Network.

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MacroBusiness Tuesday, February 13, 2024 - 11:00 Source

BofA is good at it. A“good-enough”report The January Consumer Price Index (CPI) report should show ongoing progress on inflation. We forecast headline and core CPI rose by 0.2% m/m (0.16% unrounded) and 0.3% (0.29% unrounded) respectively. As a result, y/y headline inflation should print five-tenths lower at 2.9%, and core should print one-tenth lower at

The post Previewing US inflation appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 10:30 Source

Toll road operator Transurban has reported a net profit of $230 million for the six months to December 2023, more than quadrupling its previous corresponding result. Transurban confirmed it would pay a first-half dividend of $0.30 per share and a full-year dividend of $0.62, although some analysts and investors had been hoping for an increase

The post Transurban rides population boom to the bank appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 10:00 Source

The immigration ‘Ponzi scheme’ is collapsing on the Victorians. Victoria has led Australia’s population growth since the federal government rapidly expanded the nation’s immigration intake in the mid-2000s: Victoria’s population has grown by 2.1 million (46%) this century, to 6.8 million. According to official government projections, Victoria’s population will grow to 11.2 million by 2056,

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MacroBusiness Tuesday, February 13, 2024 - 09:30 Source

Jeffreys does an annual survey of AI attitudes. 1) 89% of full-time office workers in the US have heard of ChatGPT, up from 52% in Feb ’23. Of those that have heard of ChatGPT, 74% have used the application, up significantly from 47% a year ago. The significant increase in AI awareness and usage could

The post Worker fear of AI mounts appeared first on MacroBusiness.

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Your Democracy Tuesday, February 13, 2024 - 09:15 Source

https://www.youtube.com/watch?v=8OoOmXp9UhI

Ukrainian Mobiks Heroic Battle to Stop Tank Army in Luhansk

 

MAKE A DEAL PRONTO BEFORE THE SHIT HITS THE FAN:

 

 

NO NATO IN "UKRAINE" (WHAT'S LEFT OF IT)

THE DONBASS REPUBLICS ARE NOW BACK IN THE RUSSIAN FOLD — AS THEY USED TO BE PRIOR 1922. THE RUSSIANS WON'T ABANDON THESE AGAIN.

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MacroBusiness Tuesday, February 13, 2024 - 09:00 Source

An absence of news overnight saw European shares rally while Wall Street took a small breather as the USD lost some further ground against the major currency pairs. The Australian dollar is trying to get out of its depressed mood with a continued move above the 65 cent level. 10 year Treasury yields slipped slightly

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Tuesday, February 13, 2024 - 08:37 Source
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Your Democracy Tuesday, February 13, 2024 - 08:32 Source

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MacroBusiness Tuesday, February 13, 2024 - 08:30 Source

E61 Institute in collaboration with PropTrack has released research showing that stamp duty costs home buyers six times more than a generation ago, making it a considerable barrier to joining the housing market. In particular, stamp duty on a median-priced Sydney home is equivalent to $44,500, or 6 months’ average full-time post-tax income. That’s 5.4

The post Stamp duty now a serious barrier to home ownership appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 08:00 Source

Westpac with the note. Since our last commodities update in mid–December, there has been a broad weakening of commodity prices but, as always, not all commodities performed in the same way. Our broadest commodities index (Westpac Exports Price Index) is down close to 5% over the last two months with thermal coal leading the way,

The post Is China about to scrap iron ore? appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 07:30 Source

The Market Ear measuring the bubble. Terrific tech NASDAQ continues making the consolidations, followed by a break up. For now the trend remains very much in place, but there is a negative RSI divergence to consider. Watch the short term trend line inside the channel that connects the last three highs. A failure to push

The post Only macro can pop the bubble appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 07:00 Source

DXY is waiting for US inflation: All other markets were so mixed that the market is confused about it. AUD sees a weak print: North Asia sees nothing unexpected: Oil and gold suggest a strong print: Dirt can’t decide: Miners see weak: EM sees weak: Junk sees weak: Treasuries see strong: Stocks see weak: Good

The post Australian dollar enters the twilight zone appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 00:05 Source

CBA analysis of the Stage 3 tax cuts revealed the extent to which Australian workers are being penalised by rising personal income taxes. As seen in the following chart, the amount of income tax payable increased by a whopping 23.4% in the year to September 2023 (latest available data). However, over the same period, overall

The post Baby boomers’ gains are everyone else’s losses appeared first on MacroBusiness.

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THE BLOT REPORT Monday, February 12, 2024 - 19:55 Source

Barnaby Joyce was recorded lying on his back on the footpath in Lonsdale Street, in the suburb of Braddon, Canberra, late on Wednesday night (7th February). He was heard mumbling into his phone “dead f***ing c**t”, while supposedly talking to his wife, Vikki Campion1. Campion, and her father, a member of One Notion, are now trying to put the blame onto onlookers for not trying to help Joyce, even suggesting that he was in a “very bad place” and that “who’s to say he didn’t have a stroke”1. The onlookers said that Joyce was quite ‘happy’ while talking on the phone, but was “clearly wasted” (i.e.

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Renew Economy Monday, February 12, 2024 - 19:11 Source
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