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MacroBusiness
Tuesday, September 10, 2024 - 00:10
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Canada has experienced a shocking decline in labour productivity in recent years, decoupling sharply from its neighbour to the south, the United States: The decline in Canadian labour productivity has been matched with growth in real GDP per capita, which unlike the United States, has barely experienced any growth in a decade: The situation is |
Renew Economy
Monday, September 9, 2024 - 22:04
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The Australian Independent Media Network
Monday, September 9, 2024 - 17:56
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Independent Tertiary Education Council Australia Media Release The Australian Government has intensified its attack on jobs in the international education sector, releasing details of the proposed 2025 caps on the number of international skills training students last Friday. The peak body representing independent Registered Training Organisations (RTOs), higher education and international education providers, the Independent… |
The Australian Independent Media Network
Monday, September 9, 2024 - 16:52
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By Dale Webster Dear _ _ _ _ Your complaint about our Katoomba branch closer Thank you for contacting us about ANZ’s decision to close our Katoomba branch. We understand this may affect the way you currently do your banking and want to support you with this change. We hope this letter addresses your concerns.… The post ANZ’s bid to outsmart Suncorp contract reaches new low appeared first on The AIM Network. |
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Your Democracy
Monday, September 9, 2024 - 16:37
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Most of the Americans deceive themselves while the successive US administrations have been deceiving the world. As mentioned in 2006 on this site (see the Age of Deceit), the USA have been the most successful country in the world because it is the most deceitful… The US constitution has been a document written by white men for white men to create the tools of freedom for the white men to conquer and control the world… |
MacroBusiness
Monday, September 9, 2024 - 16:30
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Asian share markets have all opened and stayed in the red following the soft but not soft enough US unemployment print from Friday night that saw Wall Street slump nearly 2% across the board. The risk off mood has not been helped by the latest Chinese CPI and PPI prints with the latter remaining well The post Macro Afternoon appeared first on MacroBusiness. |
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Your Democracy
Monday, September 9, 2024 - 15:50
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A new academic year in Russia kicked off on September 1. This year will see an array of new subjects to preserve and strengthen traditional values among children. The course Fundamentals of Security and Defense of the Motherland is being introduced to teach pupils basic military skills, and tactical, fire, and engineering exercises. |
Renew Economy
Monday, September 9, 2024 - 15:36
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Australian Futures Arising From That Bad News Week: Is More Austerity the Right Policy Prescription?By Denis Bright Last week offered real leadership tests for policy elites in the corridors of power and for professional commentators in the mainstream news states. The real challenges arose from the interpretation of media releases from the federal treasurer and the RBA Governor Michele Bullock relating to lack luster economic growth data in the… |
Renew Economy
Monday, September 9, 2024 - 15:10
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MacroBusiness
Monday, September 9, 2024 - 14:00
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For decades, spurious private colleges have provided backdoor immigration and work rights to internationals “students” seeking migration to Australia. For example, 13 years ago, GlobalHigherEd reported a proliferation of sham private colleges catering to fake students from South Asia: In 2002 there was just over 11,000 Indian students in Australia, and by 2005 this number had |
Your Democracy
Monday, September 9, 2024 - 13:43
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Venezuelan opposition candidate Edmundo González has vowed to "continue to fight" for democracy in his own country, after being granted asylum in Spain. |
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Renew Economy
Monday, September 9, 2024 - 13:41
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MacroBusiness
Monday, September 9, 2024 - 13:30
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The Climate Change Authority has warned that Australia must cut emissions by 75% by 2035 to limit global warming to 1.5 degrees. “We need to seize this once-in-a-generation opportunity to ensure Australia’s rapid and orderly transition as the world transforms to avert the worst impacts of climate change”, Newly appointed head of the Climate Change The post Australia’s net zero targets don’t add up appeared first on MacroBusiness. |
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Renew Economy
Monday, September 9, 2024 - 13:11
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MacroBusiness
Monday, September 9, 2024 - 13:00
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You have to love the fake left. Even as its policies annihilate Australian living standards, the delusional onanism rises: The NGV’s first landscape architecture exhibition has invited eight visionaries to picture the future of different sites along Birrarung – the Yarra River In half a century, should Melbourne’s golf courses be flooded and transformed into The post Reimagining Hellbourne appeared first on MacroBusiness. |
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MacroBusiness
Monday, September 9, 2024 - 12:30
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The Conversation has good piece today: As the climate crisis gets worse, global fossil fuel production is growing and oil and gas companies are making record profits. While the powerful influence of the fossil fuel industry’s lobbying on climate policy is increasingly acknowledged, our new research also shows how oil and gas companies are influencing universities. We are researchers with |
Renew Economy
Monday, September 9, 2024 - 12:06
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MacroBusiness
Monday, September 9, 2024 - 12:00
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TSLombard says 25bps. August employment data continue the portrayal of an economy running out the string, nearing an inflection point. Yes, August was an uptick from June and July, but given the combined 86,000 downward revision to those months, does anyone believe this month’s data will hold up? Whether inflection turns into recession (three months The post 25 or 50 for Fed? Does it matter? appeared first on MacroBusiness. |
Renew Economy
Monday, September 9, 2024 - 11:51
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MacroBusiness
Monday, September 9, 2024 - 11:30
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Oil has about the worst bearish descending triangle chart I have ever seen: It takes a lot to make Wall Street bearish on oil but it has happened. Goldman: The 8 OPEC+ countries agreed yesterday to extend their extra voluntary production cuts for two months until the end of November, underscoring the flexibility of the The post Oil adds more pressure on RBA to cut appeared first on MacroBusiness. |
MacroBusiness
Monday, September 9, 2024 - 11:00
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Chinese property is still buggered: Prices into the pit: Car sales not great, either: Infrastructure bonds lagging still: Infrastructure itself struggling: PEL, basically Chinese QE, is a bust: And property developers still can’t borrow: The Titanic is going down. The post Chinese economy sinks on appeared first on MacroBusiness. |
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The Australian Independent Media Network
Monday, September 9, 2024 - 10:48
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By Gareth Evans I know it’s a cliché to say of someone that after he or she was made they threw away the mold. But of all the unique characters I’ve known over the last umpteen decades, I think Pete Steedman has a pretty strong claim to being the most distinctive of them all. He… The post Remembering Pete Steedman appeared first on The AIM Network. |
Renew Economy
Monday, September 9, 2024 - 10:36
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MacroBusiness
Monday, September 9, 2024 - 10:30
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As usual, the pet shop is squawking while saying nothing. The two national business dailies could not be more distracted: This week’s national accounts for the June quarter confirm an economy that has split apart: consumers are being battered by inflation while governments are on a spending spree. The headline figure was a 0.2 per The post The Chalmers’ stagflation is not about public spending appeared first on MacroBusiness. |
MacroBusiness
Monday, September 9, 2024 - 10:00
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The Australian Bureau of Statistics (ABS) released mortgage data for July, which showed that the total value of new housing loans rose 3.9% in July to $30.6 billion, led by a 5.4% jump in investor lending to $11.7 billion: The following chart focuses on investor lending, which has risen back to its January 2022 peak The post First home buyers bundled out of property market appeared first on MacroBusiness. |
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xkcd.com
Monday, September 9, 2024 - 10:00
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Cheeseburger Gothic
Monday, September 9, 2024 - 09:51
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I don't do NaNoWriMo because every month is novel-writing month for me. (I like to think of it as being akin to the vampires and monsters on Buffy having a night off for Halloween). But I do vaguely follow NaNoWriMo from a distance, the same way an MMA fighter might stop to enjoy a punch-up between two drunks in the car park of Guzman e Gomez. And last week things got super punchy. From The Verge: |
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MacroBusiness
Monday, September 9, 2024 - 09:30
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The Market Ear on the seasonality of September. aNet leverage lower The MS PB Content notes that across US-based L/S funds, net leverage fell ~4% WoW to 46%. Nets are now hovering near the bottom decile relative to levels over the past 12 months. Given that most of this week’s net selling came via short The post The bear grows angrier appeared first on MacroBusiness. |
The Australian Independent Media Network
Monday, September 9, 2024 - 09:21
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By Denis Hay Description: Ex-politicians routinely join the fossil fuel industry after leaving office. Explore how this undermines Australia’s democracy and environment. Introduction: Australia’s political landscape has long been tainted by corporate influence, with both Labor and the Liberal-National Party (LNP) contributing to a practice known as the “revolving door.” This refers to politicians, after… The post Ex-Politicians and the Revolving Door Problem appeared first on The AIM Network. |
