MacroBusiness
Wednesday, August 28, 2024 - 06:38
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DXY is still hugging support: AUD wants to go higher: North Asia too: The golden rocket! Full metals reflation: Miners not so much: EM poor effort: Junk still bullish: Yields are paused: Stocks too: DXY is majorly overbought so some pullback is in order: EUR has overshot too: But there is still room for DXY The post Australian dollar golden rocket appeared first on MacroBusiness. |
Your Democracy
Wednesday, August 28, 2024 - 06:18
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The United Nations Secretary-General António Guterres has said that big polluters have a clear responsibility to cut emissions – or risk a worldwide catastrophe. |
MacroBusiness
Wednesday, August 28, 2024 - 00:10
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Australia’s politicians, economists, the media, and think tanks continually claim that a lack of supply has driven the housing crisis. They also claim that if the nation just built more homes, the crisis would magically resolve. This ‘lack of supply’ reasoning falls apart once you examine the data. It turns out that Australia has one The post Australia’s housing crisis is not a “supply issue” appeared first on MacroBusiness. |
Renew Economy
Tuesday, August 27, 2024 - 22:31
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Renew Economy
Tuesday, August 27, 2024 - 22:25
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Your Democracy
Tuesday, August 27, 2024 - 17:51
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The Australian Independent Media Network
Tuesday, August 27, 2024 - 17:35
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I remain conflicted. Which might be a good or a bad thing. Or perhaps neither. Others have attempted to muse philosophically in the open press. It usually results in a communications train wreck. The reader is not happy. The author doesn’t really say what they wanted to say. An editor confronts a barren comments section.… The post I beg to differ… but I might not appeared first on The AIM Network. |
MacroBusiness
Tuesday, August 27, 2024 - 17:00
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A fairly solid session for Asian share markets although Chinese shares and their Australian satellites are trying hard to get back on track. Other equity markets are reflecting the somewhat mixed mood on Wall Street as oscillations around the Fed’s rate cut agenda is pushing USD around again. This time King Dollar is losing ground The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Tuesday, August 27, 2024 - 15:33
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Your Democracy
Tuesday, August 27, 2024 - 14:55
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Renew Economy
Tuesday, August 27, 2024 - 14:11
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MacroBusiness
Tuesday, August 27, 2024 - 14:00
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It’s just not going to plan in China. Stimulus has turned shrinkulus: China’s broad budget expenditure contracted and income from land sales for local governments fell at a record pace, a sign of fiscal weakness that may further increase calls on Beijing to add stimulus to support the $17 trillion economy. The combined spending in The post And now for Chinese shrinkulus appeared first on MacroBusiness. |
Renew Economy
Tuesday, August 27, 2024 - 13:51
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Renew Economy
Tuesday, August 27, 2024 - 13:44
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Renew Economy
Tuesday, August 27, 2024 - 13:40
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MacroBusiness
Tuesday, August 27, 2024 - 13:30
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Mirvac’s development head, Stuart Penklis, has called for more immigration of skilled tradespeople: “We have been advocates of looking at skilled construction labour complementing the labour that we have here in the country to assist in delivering the workbook and future housing”, Penklis told The AFR. “It continues to be extremely challenging, particularly as we |
MacroBusiness
Tuesday, August 27, 2024 - 13:00
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This is insane: The Coalition will go the next election with budget and off-budget savings of close to $100bn in a “back to basics” inflation-fighting agenda that will see a raft of Labor spending programs axed in a bid to arrest a structural decline of the government balance sheet. The savings include the axing of The post Dutton’s not for nuclear, he’s for coal appeared first on MacroBusiness. |
MacroBusiness
Tuesday, August 27, 2024 - 12:30
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The “Stats Guy” Simon Kuestenmacher is a renowned immigration lobbyist. For years he has pumped out propaganda supporting a Big Australia. Late last year, Kuestenmacher celebrated Australia’s “business model”, which he claimed relies on maintaining a mass immigration policy to generate wealth and prosperity: In Australia we create wealth by doing four things very well: |
MacroBusiness
Tuesday, August 27, 2024 - 12:00
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Nothing can save a nation that is this stupid and corrupt: One of Australia’s top manufacturers, explosives maker Orica, said high gas prices were a critical issue for the nation amid concerns supply shortages would damage the economy with little sign of significant new volumes emerging. “Our Australian manufacturing operations continue to face challenges from The post Thick as two imported bricks appeared first on MacroBusiness. |
Your Democracy
Tuesday, August 27, 2024 - 11:55
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MacroBusiness
Tuesday, August 27, 2024 - 11:30
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Michael Pascoe has criticised the NSW government’s high density push, which promises to include “up to” 15% affordable dwellings. Pascoe points out that, according to Planning Department data, as little as 3% of new dwellings in Bankstown, in the Sydney’s south-west, and Kellyville and Bella Vista, in the north-west, have been set aside for affordable The post Australia drowns in affordable housing lies appeared first on MacroBusiness. |
The Australian Independent Media Network
Tuesday, August 27, 2024 - 11:15
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Indigenous Business Australia Media Release Indigenous Business Australia (IBA) launched its first Environmental, Social and Governance (ESG) strategy with Aboriginal and Torres Strait Islander wellbeing at the centre of consideration – wellbeing of Country, culture and community. IBA launch 1st ESG strategy with wellbeing at the centre of consideration. Seeks to move beyond compliance and… The post Wellbeing at the centre of the ESG strategy appeared first on The AIM Network. |
MacroBusiness
Tuesday, August 27, 2024 - 11:00
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Dr Jim “Chicken” Chamlers is about as labour as my butt: Jim Chalmers has attacked Peter Dutton as the “most divisive leader of a major party in Australia’s modern history” who is deliberately undermining cohesion and preying on social fractures for political advantage, positioning himself ahead of the election as a Treasurer who can take The post The great divider condemns division appeared first on MacroBusiness. |
Cheeseburger Gothic
Tuesday, August 27, 2024 - 10:50
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I have no reason for sharing this other than my utter enjoyment of it. |
Renew Economy
Tuesday, August 27, 2024 - 10:47
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Your Democracy
Tuesday, August 27, 2024 - 10:30
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ALL OVER THE WORLD, THERE ARE BRIGADES OF PSEUDO-SCIENTISTS (POLITICO-ECONOMIC BS ARTISTS) ANTI-SCIENCES THAT EMPLOY THEMSELVES (OR POSSIBLY ON BEHALF OF THE FOSSIL FUEL INDUSTRIES) TO DEBUNK ANY SCIENTIFIC RESEARCH WITH DISTORTED INFORMATION.... SUCH IS THIS FELLOW ABOUT GLOBAL WARMING, PATRICE GIBERTIE... DOING A SHIT JOB LIKE THE HEARTLAND INSTITUTE.... Patrice Gibertie |
MacroBusiness
Tuesday, August 27, 2024 - 10:30
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Premier Jacinta Allan’s disastrous decision to sign the contracts to build the first phase of the Suburban Rail Loop (SRL) continues to punish Victorians. Allan signed the contracts against expert advice, locking Victoria into a project with little economic or social merit that will plunge the state deeper into debt, cut its credit rating, and |
MacroBusiness
Tuesday, August 27, 2024 - 10:00
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It’s all a bit “pennis in front of the steamroller” for me right now but I will buy the next dip. Goldman’s Scott Rubner has been very good lately. The pain trade for equities is higher into mid-September after the green light was given on Friday to re-lever. Everyone is going back to the pool. US The post Stocks volatility to persist appeared first on MacroBusiness. |
Renew Economy
Tuesday, August 27, 2024 - 09:43
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MacroBusiness
Tuesday, August 27, 2024 - 09:41
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Goodbye BHP dividend: BHP shareholders will take a 14 per cent dividend cut in a fresh sign the acquisitive miner is reserving a greater proportion of earnings for growth bets. Investors will receive a US74¢ ($1.09) final dividend after BHP posted a slightly better than expected $US13.7 billion underlying profit on Tuesday. When added to The post BHP dies the death of a thousand dividend cuts appeared first on MacroBusiness. |