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Renew Economy Monday, September 2, 2024 - 07:45 Source
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Your Democracy Monday, September 2, 2024 - 07:36 Source
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Your Democracy Monday, September 2, 2024 - 07:15 Source

Peter Dutton’s nuclear plan may well have minimal carbon emissions, but the distant time of arrival, and ignoring the well known drawbacks makes it a dud.

On the face of it, it is all whizzbang white heat of technology (albeit of 60 years ago) and no carbon emissions (never mind the other ones). The problem lies with the nature of the beast.

 

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MacroBusiness Monday, September 2, 2024 - 07:00 Source

CoreLogic has recorded flat rental growth across Australia for the second straight month in August, with Sydney recording its second consecutive monthly decline. The annual rental growth rate also declined across most markets: Nationally, rental values were up by 7.2% in the year to August, which is the lowest annual growth rate since May 2021.

The post Rental growth fades as Aussies group up appeared first on MacroBusiness.

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John Quiggin Monday, September 2, 2024 - 05:04 Source

The latest massive $1.1bn profit reported by Coles will doubtless produce a new round of hand-wringing about the “cost of living”. Governments will produce initiatives aimed at capping or reducing prices. Pundits will use a variety of measures to argue as to whether such measures are inflationary. Then there will be debates about whether splitting up Coles and Woolworths into smaller chains would enhance competition.

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John Quiggin Monday, September 2, 2024 - 05:01 Source

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.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

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Your Democracy Monday, September 2, 2024 - 02:22 Source

 

In 1988, a young professor of international relations at Fudan University in China travelled the length and breadth of the USA for half a year. He wanted to understand that great country in depth, at a time when the Soviet Union was coming to an end, Japan was challenging the US for the status of the world’s leading economy and the latter was intensifying its neoliberal process begun in the 70s.

 

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MacroBusiness Monday, September 2, 2024 - 00:10 Source

The AFR’s Economics Correspondent, Michael Read, published an analysis showing that “Australian households experienced the largest fall in disposable incomes across the OECD over the past two years”: According to OECD data compiled by Read, real per capita household disposable income declined by 8.0% over the two years to March 2024. This compares to a

The post Australian households suffer ‘lost decade’ appeared first on MacroBusiness.

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The Australian Independent Media Network Sunday, September 1, 2024 - 20:43 Source

By James Moore   “They say, Our deaths are not ours: they are yours: they will mean what you make them. They say, Whether our lives and our deaths were for peace and a new hope or for nothing we cannot say: it is you who must say this. They say, We leave you our deaths.…

The post A Garden of Stone appeared first on The AIM Network.

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Your Democracy Sunday, September 1, 2024 - 18:24 Source

MOSCOW (Sputnik) - US military officials believe that Kiev's loss of the F-16 fighter transferred to it was probably not connected to a friendly fire from the Ukrainian Armed Forces on its own aircraft, The New York Times reported.

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Renew Economy Sunday, September 1, 2024 - 14:49 Source
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The Australian Independent Media Network Sunday, September 1, 2024 - 11:33 Source

Despite much grandstanding in the Biden administration about halting specific arms shipments to Israel over feigned concerns about how they might be used (inflicting death is the expected form), US military supplies have been restored with barely a murmur. In a report in Haaretz on August 29, a rush of weapons to Israel has been…

The post A Return to Form: Expediting US Arms to Israel appeared first on The AIM Network.

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The Australian Independent Media Network Sunday, September 1, 2024 - 09:56 Source

All Australian workers who work with silica dust, not just those working engineered stone, will be protected by new laws that come into effect today Sunday the 1st of September.  While a highly publicised campaign last year led to a ban on so-called ‘killer stone’ used in kitchens around the country, now another 600,000 workers…

The post Tunnel workers can breathe away appeared first on The AIM Network.

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Your Democracy Sunday, September 1, 2024 - 08:50 Source

The news in cartoons: France still waiting for its new Prime MinisterSince July 16 and the resignation of Gabriel Attal, France still does not have a new Prime Minister. The current government, which has resigned, is managing current affairs. And the consultations conducted in recent days by Emmanuel Macron at the Élysée were not enough to appoint a new tenant at Matignon.

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MacroBusiness Sunday, September 1, 2024 - 07:17 Source

DXY is bouncing off technical support and an oversold condition: AUD candles presaged a fall: CFTC specs are still short. Bullish! North Asia into reverse: Oil looks to be sniffing out a lower range: Dirt relation ended: Miners in trouble: EM going nowhere: No hard landing here: Yields perked up: So did stocks: Is China

The post Australian dollar golden rocket melts down appeared first on MacroBusiness.

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Your Democracy Sunday, September 1, 2024 - 06:47 Source

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Your Democracy Sunday, September 1, 2024 - 06:00 Source

 

Russian President Vladimir Putin is not concerned that Mongolia could arrest him on International Criminal Court charges during his upcoming trip, Kremlin spokesman Dmitry Peskov has said.

Putin is scheduled to visit Mongolia on Monday for a World War II commemoration. This would theoretically put him at risk of arrest on the ICC’s “war crimes” warrant, as Ulaanbaatar recognizes the court’s jurisdiction.

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Your Democracy Saturday, August 31, 2024 - 19:22 Source

The Anglo-American colonial project in Palestine has launched another war to remove the indigenous population from its land.

Israel launches major operation in West Bank; Palestinian officials say 9 killed - Washington Post

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Your Democracy Saturday, August 31, 2024 - 16:08 Source

It is difficult to understand why Senator James Patterson and “dewy eyed” Defence Minister Richard Marles think of China as part of a threat environment. There is a remarkable agreement between these two defence mavens from the opposite sides of politics that has a common source.

 

Beyond US hegemony: creating a visceral fear of China    By Daryl Guppy

 

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The Australian Independent Media Network Saturday, August 31, 2024 - 13:29 Source

The tiltrotor V-22 Osprey has a plagued, bloodied history. But blighted as it is, the aircraft remains a cherished feature of the US Marines, regarded as vital in supporting combat assault, logistics and transport, not to mention playing a role in search-and-rescue missions and delivering equipment for the Navy carrier air wings. In March this…

The post Protecting the Widow Maker: The US Marines Exonerate the Osprey appeared first on The AIM Network.

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The Australian Independent Media Network Saturday, August 31, 2024 - 11:58 Source

Actually, I don’t hate everybody. Let me be quite clear about this: I don’t hate actual people but I do hate their stupidity. When it comes to politicians, the media and people with vested interests that try to pretend that they’re only concern is for others but this idea that’ll cost them several million dollars…

The post The Paradox Of Politics Or Why I Hate Everybody… appeared first on The AIM Network.

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Cheeseburger Gothic Saturday, August 31, 2024 - 10:51 Source

By Michael Deacon on Inferno, for UK newspaper The Telegraph, 2013:

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MacroBusiness Saturday, August 31, 2024 - 08:21 Source

According to CoreLogic’s daily dwelling values index, home values across the five major capital city markets grew by 0.5% in August: As shown above, monthly growth was driven by the smaller markets of Perth (1.9%), Adelaide (1.3%), and Brisbane (0.9%), whereas Sydney recorded softer growth (0.3%) and Melbourne values declined (-0.2%). It was a similar

The post Perth continues to lead house price boom appeared first on MacroBusiness.

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New Politics Saturday, August 31, 2024 - 07:55 Source

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MacroBusiness Saturday, August 31, 2024 - 00:15 Source

When inflation and population growth are taken into account, Australia’s retail sector remains stuck in a deep and protracted recession. On Friday, the Australian Bureau of Statistics (ABS) released retail trade data for July, which showed that turnover in nominal dollar terms was flat for the month and rose by only 2.3% year-on-year: The poor

The post Australia’s deep and prolonged retail recession appeared first on MacroBusiness.

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MacroBusiness Saturday, August 31, 2024 - 00:05 Source

International Reads: The new middle-class retirement plan: Working into old age – CBS News CEO got big bucks as his hospital chain imploded. Here’s who suffered. – USA Today U.S. homes aren’t just more expensive. They’re also getting smaller – Fortune Price Gouging is Definitely Real, and We Should Definitely Do Something About It –

The post Weekend Reading and Media Appearances appeared first on MacroBusiness.

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The Tally Room Friday, August 30, 2024 - 17:49 Source

A by-election will be coming up soon for the NSW state seat of Pittwater, at the northern end of the Northern Beaches, after sitting Liberal MP Rory Amon was charged with ten sexual assault offences earlier today. Amon also resigned from the Liberal Party.

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MacroBusiness Friday, August 30, 2024 - 16:00 Source

A quiet session to end the trading week and month for Asian share markets with some steady returns while currency markets remain sanguine following the overnight surge in USD that looks to be temporary. Tonight’s flash and core CPI prints could change that instantly however as Euro remains below the 1.12 handle but the Australian

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Friday, August 30, 2024 - 15:13 Source

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Renew Economy Friday, August 30, 2024 - 14:39 Source
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