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Renew Economy Tuesday, September 19, 2023 - 20:47 Source

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John Quiggin Tuesday, September 19, 2023 - 19:23 Source

That was my suggested headline for my latest opinion piece, which ran in Australian online magazine Crikey under the sub-editors (blander IMO) choice of “We don’t need a nuclear renaissance. We need a solid plan on renewables”

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MacroBusiness Tuesday, September 19, 2023 - 16:25 Source

  Landscape at Woronora River, Danila Vassilieff, 1937, Bendigo Art Gallery   AUD/USD   EUR/USD USD/JPY GBP/USD Gold   WTI   Brent   Australia 200 US S&P 500 UK 100   Japan 225   Easy Listening   Dropkick Murphy’s, The Fields of Athenry Die Toten Hosen, Viva La Revolucion Gil Scott-Heron, The Revolution Will Not

The post Macro Afternoon: 19 September 2023 appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 19, 2023 - 16:05 Source

Tonight, I will be appearing on DFA Live with Martin North where we will discuss the Australian housing market and economy, the population ponzi, alongside other topics. The show goes live at 8pm AEST. We hope to see you there.

The post Join me tonight on DFA for live Q&A appeared first on MacroBusiness.

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Renew Economy Tuesday, September 19, 2023 - 15:54 Source

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Renew Economy Tuesday, September 19, 2023 - 15:51 Source

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Renew Economy Tuesday, September 19, 2023 - 15:40 Source

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Renew Economy Tuesday, September 19, 2023 - 15:30 Source

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Renew Economy Tuesday, September 19, 2023 - 15:29 Source

all energy

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Renew Economy Tuesday, September 19, 2023 - 15:15 Source

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MacroBusiness Tuesday, September 19, 2023 - 14:00 Source

The Productivity Commission (PC) released a report last week that refuted union assertions that corporate greed was to blame for workers’ poor wage growth leading up to the pandemic: “Over the long term, for most workers, productivity growth and real wages have grown together in Australia”. “Mining and agriculture – which account for about 5%

The post Productivity Commission jukes the productivity stats appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, September 19, 2023 - 13:56 Source

Science & Technology Australia Media Release A new tax incentive to drive diversity in Australia’s largest companies could powerfully shift the dial on equality in the country’s workforce – including its pivotal STEM sector.  In its submission to the Government’s Pathway to Diversity in STEM Draft Recommendations, Science & Technology Australia has urged bold thinking…

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The Australian Independent Media Network Tuesday, September 19, 2023 - 13:35 Source

By Andrew Klein  I remember that as a teenager we had to sing ‘God save the Queen’. This was done at school, in cinemas and public events. Often this was linked to stories of horrific battles and wars. I was told that it was a good thing to fight for ‘Queen and country’. I really…

The post It was all a con appeared first on The AIM Network.

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MacroBusiness Tuesday, September 19, 2023 - 13:30 Source

The press is baying for blood at Qantas, rightly. It is focussed on chairman Richard Goyder: Qantas chairman Richard Goyder oversaw the airline while it engaged it shocking corporate conduct and at some point the board must be responsible for the management team it put in place, Senator Bridget McKenzie says. Asked whether Goyder’s position

The post New Qantas CEO has to go appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 19, 2023 - 13:00 Source

Last month, ANU “demographer” Liz Allen appeared on ABC, spouting useless propaganda to support the Intergenerational Report’s (IGR) Big Australia population projection of 40.5 million people by 2062-63. When asked how the fabric of Australia will change following 14.5 million population growth over 40 years via net overseas migration, Allen responded with the following tripe:

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MacroBusiness Tuesday, September 19, 2023 - 12:30 Source

The banking credit crunch is unabated: However, NFIB did improve: It will need to keep doing so as fiscal spending plateaus or the economy will slow further.

The post US credit crunch rolls on appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 19, 2023 - 12:07 Source

The RBA minutes: Members commenced their discussion of the global economy by observing that headline inflation had continued to ease in year-ended terms in most economies because food and energy commodity prices were generally lower than they had been a year earlier. More recent increases in some food and energy prices presented upside risks to

The post RBA won’t raise interest rates chasing oil. Fed will appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 19, 2023 - 12:00 Source

Melbourne’s rapid population growth threatens to make the city unliveable. The latest population data from the Australian Bureau of Statistics (ABS) showed that Victoria’s population grew by a record 161,700 in the year to March, driven by 137,600 net overseas migration (NOM): This means Melbourne would have added around 130,000 over the year. After increasing

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Renew Economy Tuesday, September 19, 2023 - 11:50 Source

Hi-Res-Anita-Ho-Baillie-Perovskite-Cell-photo by UNSW - optimised

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MacroBusiness Tuesday, September 19, 2023 - 11:30 Source

Dingo Bowen is fighting the federal opposition’s nuclear push: After Bowen, unprompted, released departmental figures claiming a shift from coal-fired power to nuclear would cost $387 million, the opposition leader said Bowen had become “unhinged”. Dutton suggested nuclear power should only form part of the energy mix in Australia, as it does in Canada, and

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MacroBusiness Tuesday, September 19, 2023 - 11:00 Source

Marko Kolanovic at JPM remains bearish. Equities are up YTD on multiple expansion while real rates and cost of capital are moving deeper into restrictive territory. History suggests this relationship is becoming increasingly unsustainable, with the S&P 500 multiple over-valued by 3-4x vs. real rates, posing risk to valuations, especially since earnings expectations already face

The post Stocks stuck in the mud appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 19, 2023 - 10:30 Source

The strongest labour force growth in history continues to weigh heavily on Australia’s jobs market. SEEK has released its Employment Report for August, which shows that job ads fell 1.8% in August to be down 20.5% year-on-year: More tellingly, applications per job ad increased for the sixth consecutive month, rising 6.5% from the month prior

The post Australia’s jobs market continues to worsen appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 19, 2023 - 10:00 Source

It is becoming clear that life will become increasingly crowded and congested under Anthony Albanese’s Labor government. The Australian Bureau of Statistics (ABS) revealed last week that net overseas migration surged to an all-time high 454,300 in the year to March, driving the population up by 563,200: The June quarter national accounts also estimated that Australia’s

The post Life will be squeezy under Albanese appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, September 19, 2023 - 10:00 Source

Dear Pauline, I’ve read that you have been confused and outraged that the number of people laying claim to Aboriginal ancestry is increasing. If you bear with me, I think I can explain. I’m a middle-aged white woman who was raised in a very white-seeming rural community. As far as I knew, I had minimal…

The post An open letter to Pauline Hanson appeared first on The AIM Network.

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MacroBusiness Tuesday, September 19, 2023 - 09:30 Source

Standard Chartered with the wrap. Data dependent, but not yet ready to call a peak Rates pricing for the 20 September FOMC is as flat as flat can be, reflecting soft US inflation and mixed activity. We expect the FOMC to show one more 2023 hike, in line with the June Summary of Economic Projections

The post Fed to stay hawkish appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 19, 2023 - 09:00 Source

Sadly, Crikey has decided to put the Voice referendum to the sword by blaming “racists”: We’re a plain-speaking people, Australians like to tell themselves. We call a spade a spade, don’t stand on ceremony and tell it as it is. And we have no time for political correctness or bureaucratic doublespeak. So we like to

The post Fake left is the new Murdoch press appeared first on MacroBusiness.

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Your Democracy Tuesday, September 19, 2023 - 05:19 Source

Tony Abbott’s prime ministership was short-lived and mostly memorable, for all the wrong reasons. But for Liberal conservatives in need of a feelgood story, the 10-year anniversary of Abbott’s landslide 2013 election win was an opportunity to let their greying hair down, with about 250 gathering at Sydney high school formal favourite Doltone House on Friday night to ruminate about what could’ve been...

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Your Democracy Tuesday, September 19, 2023 - 04:55 Source

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Your Democracy Tuesday, September 19, 2023 - 04:30 Source

North Korean leader Kim Jong-un has received five kamikaze-drones and a Geran-25 surveillance drone from the governor of Russia’s Primorsky Region, Oleg Kozhemyako, the local administration has said.

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MacroBusiness Tuesday, September 19, 2023 - 02:00 Source

August proved to be a volatile month with the S&P 500 and Nasdaq-100 Indices posting their first monthly declines since February. Our more defensively positioned Tactical portfolios consequently outperformed their benchmarks as our large cash positioning meant we were able to avoid the negative returns this month. Looking forward, we expect weak stock markets as

The post MB Fund August 2023 Performance appeared first on MacroBusiness.

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