Blogotariat

133rd Henry George Commemorative Dinner Address by Professor Sock-Yong Phang, Singapore Management University, Kelvin Club, Melbourne, 15 August 2024    Value capture and affordable housing: insights from Singapore  Good evening, everyone. Thank you, Dr Tim Helm for the kind introduction. And a big thank you to the Executive Committee members of Prosper Australia. I am […]

If a council in New South Wales wants to change the number of councillors who sit on that council, they need to hold a referendum, with voters making the final decision.

In 2024, four councils are holding referendums on reducing the size of their council. Central Coast and Woollahra are voting on cutting councillors from fifteen to nine, Hilltops may go from eleven to nine, and Port Macquarie-Hastings from nine to seven. Central Coast is particularly notable, being driven by a state-appointed administrator in one of the most populous councils in the country.

Why the mainstream needs to lie to itself about everything is some PhD investigation into the human condition that I do not have time for. In the case of China, the perpetual delusion is that it is exiting deflation. It is not. Yesterday’s CPI was weak despite a rebound to 0.6% year on year: But

The post Chinese deflation is forever now appeared first on MacroBusiness.

Politicians, economists, the media, and think tanks in Australia continue to argue that a supply shortage has caused the housing crisis. They argue that the situation would be resolved if Australia built more homes. One of the ways put forward to build more homes is to import more migrant labour into the construction sector: The following

The post Australia has too many construction sector workers appeared first on MacroBusiness.

Behold the Chicken Chalmers economy via Westpac. The Westpac–Melbourne Institute Consumer Sentiment Index dipped 0.5% to 84.6 in September from 85.0 in August. The pessimism that has dominated for over two years now is still showing no real signs of lifting. However, the focus does look to be shifting. While cost-of-living pressures are becoming a

The post Smashed consumers start to worry about jobs appeared first on MacroBusiness.

Australian Industry Group (AiG) CEO Innes Willox has broken rank from the other business lobbies and rejected the notion that international students are the key to Australia’s future. AiG has come out in support of the federal government’s cap on international students. Willox argues that the focus of universities should be on educating Australians and

Squadron Energy marks the latest milestone for what will be one of Australia's biggest wind farms – for a time, at least.

Most candidates running in the NSW council elections are independents, or belong to the three big urban parties.

Over 58% of candidates running for the council election are either independent or unaffiliated. 14% of candidates were nominated by the ALP, 9.9% by the Greens, and 7.3% by the Liberal Party.

This leaves 435 candidates – 10.8% of the total – running for registered parties outside of those big three, and that’s the topic of this blog post.

These small parties are mostly an urban phenomenon. 351 of those 435 candidates are running in Sydney, and most of the others are in the Hunter and the Illawarra.

UNSW Sydney Media Release While Australia weathered the pandemic better than many countries, questions about its recovery and handling of high inflation are tempering the economic outlook. Getting inflation and employment settings right will be critical, experts say – and some pain will likely be necessary. Bruce Preston, Professor of Economics at UNSW Business School,…

The post Australia’s economic health: the pressure on interest rates appeared first on The AIM Network.

DXY has bounced off big support: AUD bashed back into place: North Asia too: Oil is fighting for its life: Metals meh: Mining meh: EM nasty: Junk still bullish: Yields falling, falling, falling, but into what? Stocks worried: It was a typical Monday rally on not much more. Goldman is rightly skeptical of more DXY

The post Australian dollar sinks anew appeared first on MacroBusiness.

Washington — Former President Donald Trump was supposed to face off against President Biden in their second, and possibly final, debate before the election. Then came the unexpected twist in July.