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Oz Blog News Commentary
MacroBusiness Monday, January 17, 2022 - 10:30 Source

Last month, the Morrison Government announced reforms to visa arrangements to ensure a “rapid return of international students”. The reforms included: granting a two year Temporary Graduate visa to Vocational Education and Training (VET) sector graduates; and extending the temporary graduate visa from two to three years for masters by coursework graduates. Days later, the Times

The post Student visas become unlimited work visas appeared first on MacroBusiness.

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Your Democracy Monday, January 17, 2022 - 10:25 Source

horriblehorrible

 

Russia previously slammed the alliance's creeping expansion, saying that NATO should return to the positions that existed at the moment of signing the 1997 Russia-NATO Founding Act. The Russian Foreign Ministry has underscored that strengthening NATO’s military potential near Russia’s borders poses a national security threat.

 

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MacroBusiness Monday, January 17, 2022 - 10:00 Source

What is China’s endgame for its property shakeout? In short, the days of blistering home-price gains and debt-fueled building sprees by billionaire property tycoons are set to fade. They’ll be replaced by a much more staid market where authorities are quick to clamp down on speculative frenzies and development is dominated by state-run companies earning

The post China’s endgame is to kill its property market appeared first on MacroBusiness.

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Your Democracy Monday, January 17, 2022 - 09:59 Source

alboalbo

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Renew Economy Monday, January 17, 2022 - 09:49 Source

What's been happening since the final determination on rule change requests over access, pricing and incentive arrangements for roof

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MacroBusiness Monday, January 17, 2022 - 09:48 Source

NSW has recorded another 29,504 positive COVID cases over the past 24 hours alongside 17 deaths: Victoria recorded 22,429 new cases and six deaths: The next chart plots daily cases across both states since the beginning of their respective Delta waves: Active cases look like they may have peaked in NSW and are starting to

The post NSW / VIC COVID hospitalisations continue to rise appeared first on MacroBusiness.

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MacroBusiness Monday, January 17, 2022 - 09:30 Source

The ferrous complex flamed out on January 14, 2022 as everything fell: It looks like the pre-Olympics restock is sputtering and a slew of bad data landed on the market as well. CISA output for the first 10 days of January fell back sharply and is down roughly 10% year-on-year. Inventories climbed sharply which is

The post Daily iron ore price update (bearish data) appeared first on MacroBusiness.

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MacroBusiness Monday, January 17, 2022 - 09:00 Source

A slew of disappointing economic prints saw Wall Street finish in mixed fashion again on Friday night with the USD finally reversing course. US retail sales and industrial production prints fell back which saw the bond market sell off as 10 year yields almost hit the 1.8% level again. Gold fell back alongside other risk

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Monday, January 17, 2022 - 09:00 Source

Playing the Joker card worked a treat in the left and right weekend press for the Morrison Government: This immense distraction has only one purpose, to bury the lede of the collapse of government service delivery during Morrison’s “let it rip” recession. ACOSS has summed up what is missing: The ACOSS policy recommendations are organised

The post Morrison’s Joker propaganda worthy of Goebbels appeared first on MacroBusiness.

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Renew Economy Monday, January 17, 2022 - 07:00 Source

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Your Democracy Monday, January 17, 2022 - 06:47 Source

blinkeringblinkeringBlinken’s blinkered vision of Russia

 

Relations between the US and Russia are at an all-time low, but rather than seeking a reasonable diplomatic resolution, US Secretary of State Antony Blinken seems comfortable uttering nonsensical assessments devoid of reality. 

“One lesson of recent history is that once Russians are in your house, it’s sometimes very difficult to get them to leave.”

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John Quiggin Monday, January 17, 2022 - 06:06 Source

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link.

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MacroBusiness Monday, January 17, 2022 - 00:10 Source

As regular readers know, I consider the growth in new mortgage commitments to be the key short-term indicator for property prices. The latest ABS housing finance data for November, released on Friday, showed that mortgage growth slowed sharply over the prior six months. This suggests that dwelling value growth should slow given most homes in

The post Mortgage commitments signal Aussie property market slowdown appeared first on MacroBusiness.

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MacroBusiness Monday, January 17, 2022 - 00:06 Source

DXY caught a bid Friday night as EUR swooned: AUD was hit across the board: Oil has declared OMICRON over: Dirt flamed out: As did miners: The EM stocks bear market is setting up another down leg: As it chases the screaming meteor of EM junk: Be warned that EM and DM equity do not

The post Australian dollar bashed as greenback bottoms appeared first on MacroBusiness.

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MacroBusiness Monday, January 17, 2022 - 00:01 Source

Global Macro / Markets / Investing: In the wake of unequal vaccine rollouts, countries face a ‘Wild West’ scramble for covid pills – Washington Post World Bank warns global economy faces grim outlook – BBC Oil Producers Aren’t Keeping Up With Demand, Causing Prices to Stay High – NY Times Toxic Culture Is Driving the

The post Links 17 January 2022 appeared first on MacroBusiness.

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Your Democracy Sunday, January 16, 2022 - 21:27 Source

parisparis

Parisian Dream

To Constantin Guys

 

By Baudelaire

 

 

I

 

Of this fantastic landscape,

That no mortal ever dreams

This morning again the image,

Distant and vague, delights me.

 

Sleep is full of miracles!

… By a simple decision

I banned from the spectacles

The wild vegetation,

 

And, proud of my creative genius,

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The Australian Independent Media Network Sunday, January 16, 2022 - 15:57 Source

When Scotty-from-Marketing became Prime Minister, he hired Adam Taylor, formerly of News Corp, as his official photographer – a job that has increased in importance due to the pandemic and the wholesale sacking of media staff photographers. Taylor often has exclusive access to the PM and feeds his sanitised photos to the Murdoch media in…

The post Image is everything for the Messiah from the Shire appeared first on The AIM Network.

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Your Democracy Sunday, January 16, 2022 - 13:22 Source

walking on sewage...walking on sewage... 

The political life and times of Scott Morrison will hopefully end at the next elections. On this line of articles and comments we will try to explain why Scotty should be booted out.

 

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THE BLOT REPORT Sunday, January 16, 2022 - 09:35 Source

Deputy Prime Minister Barnaby Joyce says panic buying and hoarding is leading to shortages of COVID-19 rapid antigen test (RAT) kits as Australians struggle to find the kits. Joyce said 200 million tests were on their way, and that Australians should only buy what they needed. He said: “Unfortunately, people are taking vastly more home than they need” and that people should not “take more than what you require because that means someone else misses out”1.

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The Australian Independent Media Network Saturday, January 15, 2022 - 13:54 Source

Anniversaries for detention centres, concentration camps and torture facilities are not the relishable calendar events in the canon of human worth. But not remembering them, when they were used, and how they continue being used, would be unpardonable amnesia.   On January 11, 2002, the first prisoners of the absurdly named “War on Terror”, declared with…

The post Enduring Stain: The Guantánamo Military Prison Turns Twenty appeared first on The AIM Network.

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MacroBusiness Saturday, January 15, 2022 - 07:26 Source

Macro & Markets U.S. Says Russia Is Preparing Operations to Justify Ukraine Attack – Bloomberg Cyberattack hits Ukraine as U.S. warns Russia could be prepping for war – Reuters What to expect in a year of policy tightening and US interest rate rises – SCMP Powell says Fed will lift rates if needed to contain

The post Weekend Links 15-16 January, 2022 appeared first on MacroBusiness.

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The Australian Independent Media Network Saturday, January 15, 2022 - 06:00 Source

Election Diary No4: January 15 2022. Continued from my No3 Diary. 1 The importance of leadership is vital for any organisation or country. “Character” is the word used to describe an individual’s mental and moral qualities. It’s an elusive thing, easily cloaked or submerged by the theatrics of politics. But unexpected crisis can sometimes reveal…

The post Leadership is vital in this election appeared first on The AIM Network.

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George Monbiot Friday, January 14, 2022 - 20:52 Source

The Police Bill would criminalise an entire minority: it’s as if nothing has been learnt from the 20th Century.

By George Monbiot, published in the Guardian 12th January 2022

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Your Democracy Friday, January 14, 2022 - 17:23 Source

planetplanet

Ada Palmer is a professor of European history at the University of Chicago. Her four-volume science fiction series, Terra Ignota, was inspired by 18th-century philosophers such as Voltaire and Diderot.

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Your Democracy Friday, January 14, 2022 - 16:11 Source

balls-upballs-up

Novak Djokovic is back on court in Melbourne, training ahead of the Australian Open despite ongoing uncertainty over whether he can remain in the country.

Follow today's events as they happen. 

 

Read more:

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MacroBusiness Friday, January 14, 2022 - 16:00 Source

Asian stock markets are finishing the trading week in poor spirits following the selloff in tech stocks overnight on Wall Street, with all markets losing 1% or more. The USD remains under pressure against everything with Bitcoin rolling over through the $43K level while gold has held on to and advanced from its previous breakout,

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Friday, January 14, 2022 - 14:29 Source

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Cheeseburger Gothic Friday, January 14, 2022 - 14:28 Source

I have to let enough readers in the US finish it first.

In the meantime, I did a guest blog for Marshal Zeringue about what I was reading while I was writing.

John le Carre’s Smiley novels:

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MacroBusiness Friday, January 14, 2022 - 14:20 Source

The COVID-19 pandemic has provided a once in a lifetime opportunity to lay bear the problems inherent to “the Lucky Country”. It has loudly and devastatingly the band-aid off the gaping wound that lies at the inability of successive Federal and State governments to prepare the nation against existential and potential threats. The latest Omicron

The post Why is Australia unable to prepare for anything? appeared first on MacroBusiness.

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Cheeseburger Gothic Friday, January 14, 2022 - 14:17 Source

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