Blogotariat

Ponzi Pallas, the Victorian Treasurer, has spent many years making Victorians poorer: The Victorian treasurer says the federal government’s deep cuts to international university student numbers will devastate his state’s economy from next year. Tim Pallas called on the Albanese government to reconsider the reforms and warned the move to cap enrolment numbers could have

This is what is ahead for iron miners. ALL OF THEM. Mineral Resources: “This was the biggest year of development in our history, culminating with the start-up of the transformational Onslow Iron project. “Onslow Iron achieved first ore on ship ahead of schedule in May, just 11 months after we broke ground at the Ken’s

The post Mineral Resources battens down for long iron ore winter appeared first on MacroBusiness.

For years, we have been fed the lie that international education is Australia’s fourth largest export, worth a fantastical $48 billion a year. Unbelievably, the lobby group for Australia’s universities—Universities Australia—is now trying to claim that international education is Australia’s second largest export, behind mining: “Curtailing growth in the $48 billion international education sector risks

Australian housing construction indicators continue to falter, jeopardising the Albanese government’s fantastical target of building 1.2 million homes over five years. Dwelling approvals, commencements, and completions are each tracking around decade lows, roughly one-third below the government’s target. On Wednesday, the Australian Bureau of Statistics (ABS) released data on the value of construction work done

New Zealand Green Investment Finance commits $NZ78 million to support the development of five projects being developed by Far North Solar Farm.

The share market bears are sniffing around the woods although the post close NVIDIA earnings surprise might re-embiggen risk spirits later tonight. Wall Street faltered again as bond markets again lead the risk charge, although it was net no change in yields for US Treasuries despite some big auctions recently. The USD initially firmed against

The post Macro Morning appeared first on MacroBusiness.

DXY bounced off support last night: AUD is hitting resistance: Noth Asia rolled: Oil is in trouble: Metals flamed out: Miners puked: This is not your grandfather’s EM rally: Junk is fine: The curve steepened: Stocks are toying with a nasty double top: NVDA passed the test but it still may not be enough: At

The post Australian dollar flames out with commodities appeared first on MacroBusiness.

For years, I have called on the federal government to crack down on the international education sector via the following types of reforms: Raise financial barriers to entry (i.e., how much funds a student must have available before arriving in Australia). Significantly increase entrance requirements (e.g. English language proficiency and academic testing). Raise pedagogical standards.

WASHINGTON (AP) — Special counsel Jack Smith on Tuesday filed a new indictment against Donald Trump over his efforts to undo the 2020 presidential election that keeps the same criminal charges but narrows the allegations against him following a Supreme Court opinion conferring broad immunity on former presidents.

The chief economist at IFM Investors, Alex Joiner, posted the below chart on Twitter (X) showing the massive divergence in household debt between Australia and Canada on the one hand and the United States on the other: As you can see, the United States deleveraged significantly after the Global Financial Crisis, whereas Australia and Canada

The post Canada and Australia bet on housing and lost appeared first on MacroBusiness.

By Bert Hetebry It is often quite a surprise when I open my Messages file in the morning: I get strange quotations and links to some angry podcasts which seem to promote religious supremacy or some other form of exceptionalism which puts some people a bit, some times quite a bit above, somehow better than…

The post Who are the narcissists? appeared first on The AIM Network.

The miner has pulled its 1.7GW H2Tas project from the federal environment approvals process after two years in the queue.