|
MacroBusiness
Thursday, September 12, 2024 - 16:30
Source
Asian share markets are finally catching the positive mood from Wall Street helped along by some very supportive comments from the BOJ, inciting depressed Japanese shares to soar higher. The USD remains very strong against all the majors in the wake of the CPI print although the Australian dollar is finding life as it almost The post Macro Afternoon appeared first on MacroBusiness. |
The Australian Independent Media Network
Thursday, September 12, 2024 - 15:38
Source
RMIT University Media Release The federal government today released its long-awaited hate speech bill alongside other laws designed to crack down on big tech and the safety of online users. RMIT expert, Dr Nicole Shackleton, Graduate School of Business and Law says: “The federal government’s decision to water down promises to introduce new laws criminalising… The post New hate speech laws prioritise freedom of speech over safety appeared first on The AIM Network. |
|
Renew Economy
Thursday, September 12, 2024 - 15:08
Source
|
Renew Economy
Thursday, September 12, 2024 - 14:14
Source
|
|
MacroBusiness
Thursday, September 12, 2024 - 14:00
Source
From around 6.50 comes Roy Morgan Energy sector smash: Gas cartelier Origin Energy is one of the least trusted brands in the country. For good reason. Origin is a founding member of the gas export cartel that has invested heavly into ensuring that it can monopolise energy prices via an artificially tight gas market. The post STOP PUBLISHING GRATTAN INSTITUTE GAS PROPAGANDA appeared first on MacroBusiness. |
The Australian Independent Media Network
Thursday, September 12, 2024 - 13:54
Source
Independent Tertiary Education Council Australia (ITECA) Media Release Advice that the Senate has decided to accept further submissions on the Education Services for Overseas Students Amendment (Quality and Integrity) Bill 2024 has been welcomed by the Independent Tertiary Education Council Australia (ITECA), the peak body representing independent skills training, higher education, and international education sectors.… |
|
MacroBusiness
Thursday, September 12, 2024 - 13:30
Source
By Stephen Saunders: Regardless of the 2025 election result, Social Engineer Albanese will have “won”. Very likely, a quarter-million will become the floor for net migration. Remember the 2021 Labor platform? Albanese promised “recovery, rebuilding, renewal” with a “central focus” on creating jobs. Up front, he advertised two big agendas – The Voice and Net The post On immigration, Albanese has already won appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 12, 2024 - 13:00
Source
The Property Council of Australia (PCA) has lodged a submission with the Victorian government’s Plan for Victoria review whereby it has argued to exempt over-60s from paying stamp duty on their final home. “An obstacle to homes becoming available for Victorian first home buyers is the inability of older homeowners to overcome the barrier posed The post Do not exempt baby boomers from stamp duty appeared first on MacroBusiness. |
|
The Australian Independent Media Network
Thursday, September 12, 2024 - 12:37
Source
September 11. Melbourne. The scene: the area between Spencer Street Bridge and the Batman Park–Spencer Street tram stop. Heavily armed police, with glinting face coverings and shields, had seized and blocked the bridge over the course of the morning, preventing all traffic from transiting through it. Behind them stood second tier personnel, lightly armed. Then,… The post Protecting the Merchants of Death: The Police Effort for Land Forces 2024 appeared first on The AIM Network. |
Your Democracy
Thursday, September 12, 2024 - 12:34
Source
Washington and London may have already decided to let Kiev use long-range missiles for strikes deep inside Russia and are now seeding the narrative through the media, Russian Senator Aleksey Pushkov has said. |
|
MacroBusiness
Thursday, September 12, 2024 - 12:30
Source
Is the NSW Productivity Commission joking? State and federal governments should make it a priority to stop spending money on infrastructure to free up the construction industry to build more homes, according to a detailed analysis conducted by NSW’s key productivity adviser. Governments “diverting resources from home building to public infrastructure projects” is a major |
Renew Economy
Thursday, September 12, 2024 - 12:17
Source
|
|
MacroBusiness
Thursday, September 12, 2024 - 12:05
Source
Join us in this week’s investment podcast as Nucleus Wealth’s Chief Investment Officer Damien Klassen, discuss this topic. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus Wealth. Fill out my online form. Follow @DamienKlassen The post MB Fund Podcast: Oil: How Worried Should The RBA Be? appeared first on MacroBusiness. |
Renew Economy
Thursday, September 12, 2024 - 12:04
Source
|
|
MacroBusiness
Thursday, September 12, 2024 - 12:00
Source
Australia’s worst-ever treasurer, Jim “chicken” Chalmers is being humiliated daily: Mr Macfarlane, who was governor from 1996 to 2006, said that under the government’s proposed restructuring of the nine-person board, monetary policy influence would shift from the full-time governor and RBA staff to outside board members. “The significant change would be the centre of gravity The post Jim Chalmers wreckage engulfs RBA appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 12, 2024 - 11:30
Source
The RBA says the jobs market is too tight: It’s true that recent unemployment rate outcomes have not been unusual given the historical relationship between changes in the unemployment rate and GDP growth rates (Graph 9). What has been more surprising is the strength in the labour force participation rate and, as discussed earlier, the The post Is the RBA misreading labour market tightness? appeared first on MacroBusiness. |
|
MacroBusiness
Thursday, September 12, 2024 - 11:00
Source
In 2019, the United Nations accused Blackstone, the world’s largest private real estate manager with $470 billion on its platform, of “wreaking havoc” in communities and contributing to the global housing crisis by increasing rents and “aggressive evictions”. According to UN rapporteur Leilani Farha, private equity companies such as Blackstone had commodified real estate, making |
MacroBusiness
Thursday, September 12, 2024 - 10:30
Source
The Market Ear with key technicals. SPX – massive levels approaching SPX is dipping below the 100 day moving average as of writing. 5400 is the big level to watch. Note the trend line, as well as previous highs/lows coming in at this level. 200 day is down at 5270. Refinitiv NASDAQ – 200 day The post Stocks still in the bear’s den appeared first on MacroBusiness. |
|
MacroBusiness
Thursday, September 12, 2024 - 10:00
Source
In a deep warning for bulls, SHFE could not build on the rally. SGX faded overnight: So did Mad Dalaian: And coking coal: Why? This: Vale SA said it will produce more iron ore this year than previously expected, even with prices trading near two-year lows as China’s steel slowdown weighs on the global market. The The post Iron ore to the moon! Supply, that is appeared first on MacroBusiness. |
Renew Economy
Thursday, September 12, 2024 - 09:36
Source
|
|
MacroBusiness
Thursday, September 12, 2024 - 09:30
Source
Historian James Curran is a long-term China fanboi: Once more Trump talked of alliances in terms of deals done and transactions made, of partners paying their dues. Once more he revealed his weakness for the benediction of autocrats, in this case Hungary’s strongman Victor Orbán. And in a worrying prediction of the kind of diplomatic The post World’s greatest democracy trumps the cringers appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 12, 2024 - 09:00
Source
Last night’s all-important US CPI print came in somewhat mixed with the core inflation reading slightly higher than expected. Wall Street continued with its rebound, again led strongly by tech stocks while European markets were at best mixed. The USD firmed in the wake of the inflation print with Euro sliding back to the 1.10 The post Macro Morning appeared first on MacroBusiness. |
|
MacroBusiness
Thursday, September 12, 2024 - 08:30
Source
DXY is back for now: AUD is struggling to regain momentum: JPY is on the march: Oil is dead cat bouncing: Metals took the hint: Miners too: EM is so yesterday: Junk is stalled but fine: The curve flattened: Stocks are about as convincing as Jim Chalmers: US inflation came in stronger than expected but The post Australian dollar buffeted by US inflation rip appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 12, 2024 - 08:00
Source
Recall that Labor’s first federal budget in October 2022 projected net overseas migration (NOM) of 470,000 over its first two years (FY 23 and 24): Instead, Labor delivered around one million NOM, more than double its projection: Labor MP Andrew Charlton recently stated that the government was in the process of “halving” net migration: “We’re The post Labor’s immigration projections obliterated again appeared first on MacroBusiness. |
|
Your Democracy
Thursday, September 12, 2024 - 07:39
Source
|
Your Democracy
Thursday, September 12, 2024 - 07:26
Source
It would be unfair to describe SBS television as the Australian media outlet most addicted to violence. It would be unfair unless every other outlet were scanned for their saturation with violence. At first sight however, it would seem extraordinary should any other television channel share the SBS preoccupation.
SBS television and ‘distressing material’ By Tony Smith |
|
MacroBusiness
Thursday, September 12, 2024 - 07:00
Source
The issue of housing affordability was discussed at The Australian Financial Review Property Summit on Monday. The current nationwide median dwelling price is $790,000, but Eliza Owen from CoreLogic says a home would need to be priced around $500,000 to be affordable for someone on the median income. Owen told the summit that the pool The post Australian house prices must fall appeared first on MacroBusiness. |
Your Democracy
Thursday, September 12, 2024 - 05:37
Source
In recent days, Australia’s ‘”deputy Sheriff” role has been on full display again in our foreign policy. The prime minister’s extraordinary gaff at the Pacific Islands Leaders Forum, when caught out joshing along with US Deputy Secretary of State, Kurt Campbell, would have been noted not just among Pacific Island leaders, who would be entitled to feel belittled by Australia, but also across the region.
|
|
Your Democracy
Thursday, September 12, 2024 - 04:49
Source
As the evidence of a slowing Australian economy mounts, Governor Michele Bullock quietly told journalists the RBA wants Australians to be poorer. Nobody seemed to notice except Michael Pascoe.
|
Your Democracy
Thursday, September 12, 2024 - 04:20
Source
We’ve lived through nearly a quarter century of intense polarization with no clear dominant political party. Unless last night’s presidential debate changes the race as dramatically as June 27’s did, we could see an election as close as 2000’s based on the current polling. |
