Blogotariat

DXY fell overnight: Cutting AUD some slack: North Asia is up and away: Oil has the world’s ugliest chart despite OPEC output cuts: Metals will go down with it: Big miners are sitting ducks: EM is all washed up: Junk bullish! Yields plunging! Stocks don’t know if it is good news or bad: My view

The post Australian dollar firms on weak US jobs appeared first on MacroBusiness.

MORE THAN NINETEEN YEARS AGO (30 Apr 2005), WE PUBLISHED THE CARTOON ABOVE... SINCE THEN, ALTERNATIVE MEDIA SOURCES HAVE COME AND GONE (OFTEN CENSORED OR TAKEN TO COURT). MANY OF THE FIGUREHEADS ABOVE HAVE DIED OR MOVED ON... SOME NEWSREADERS HAVE BEEN VILIFIED FOR TELLING THE TRUTH... AS WE HAVE SUBSEQUENTLY EXPOSED, MUCH OF THE OFFICIAL NEWS IS MANAGED BY THE CIA, THE NSA AND OTHER INTEL AGENCIES ON BEHALF OF THE AMERICAN EMPIRE...

Ben is joined by the Sydney Morning Herald urban affairs reporter Anthony Segaert to preview the upcoming New South Wales local government elections. We discuss some of the most interesting elections, the impact of the NSW Liberal absence and local party systems.

Sorry for the poor quality audio on my end – it seems like the recording connected to the wrong mic. Should still be clear enough.

The ongoing 2024 Summit of the Forum on China-Africa Cooperation is expected to elevate Sino-African engagement and cooperation to a higher level, as it is likely to suggest ways to overcome the challenges facing the world and outline the measures needed to consolidate the gains already made by the two sides.

On Wednesday, the Australian Bureau of Statistics (ABS) released the Q2 national accounts, which revealed that real per capita GDP declined by six consecutive quarters and for seven of the past eight quarters: Australia’s real per capita GDP is now 2.0% lower than it was when the Albanese government took office in June 2022. The

The post Australia’s income recession worst in history appeared first on MacroBusiness.

When the NSW Minister for Local Government, Ron Hoenig, announced an inquiry into the City of Liverpool in July, it seemed clear that the council was headed down the path seen by councils like Shellharbour, Warringah, Wingecarribee, Wollongong and Central Coast in the past. In the dying days of a council term, the state government intervenes and sacks the council, appoints administrators and delays the election. Indeed this is exactly what happened to the City of Liverpool just before the 2004 council election.

Asian share markets remain in a sea of caution leading up to tomorrow night’s US unemployment print with only local stocks advancing appreciably while currency markets tread water. Yen however remains on a tear due to some words of warning from the BOJ today. Commodities are still weak but this hasn’t hindered the Australian dollar

The post Macro Afternoon appeared first on MacroBusiness.

Australia has a time-critical opportunity to catalyse investment into this potential export behemoth at speed and scale. The clock is ticking.

Australian Workers’ Union Media Release The Australian Workers’ Union congratulates Bill Shorten on his remarkable 30 years of service to the Australian labour movement. Bill started his career at the AWU Victorian branch in 1994 where four years later in 1998 he was elected to the position of Victorian State Secretary. In 2001 Bill became…

The post Bill Shorten: a lion of the Australian labour movement appeared first on The AIM Network.

Monash University The Biden administration has accused Russia of carrying out a sustained campaign of disinformation targeted at American voters with the aim of influencing the outcome of November’s presidential elections.  Associate Professor Emma Briant, (Associate Professor of News and Political Communication, Faculty of Arts) says: “The US Department of Justice indictments today give vital…

The post Monash Expert: US accuses Russia of 2024 election interference appeared first on The AIM Network.

The government of Sir Keir Starmer, despite remaining glued to a foreign policy friendly and accommodating to Israel, has found the strain a bit much of late. While galloping to victory in the July elections, leaving the British Labour Party a heaving majority, a certain ill-temper could be found among the ranks on his attitudes…

The post Craven Tokenism: The UK Suspension of Arms Export Licenses to Israel appeared first on The AIM Network.

Sales sinking to the bottom: Year to date below all forecasts: Inventory whoa! Notably in the ghost cities: Completions still have far to fall: Lifeless, this.

The post Chinese property sinks to the bottom appeared first on MacroBusiness.

Australia's two biggest wind projects have injected their first power into the grid, as other wind and solar farms work quickly through the commissioning process, and others stumble.