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All about Omicron

November 29, 2021 - 00:20 -- Admin

Here is what the South African National Centre for Communicable Diseases has to say: The Network for Genomics Surveillance in South Africa (NGS-SA, www.ngs-sa.org), which includes the National Institute for Communicable Diseases (NICD), KRISP at the University of KwaZulu-Natal (UKZN), University of Cape Town (UCT), Stellenbosch University (SUN), the University of the Free State (UFS),

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Immigration reboot under threat from new COVID variant

November 29, 2021 - 00:15 -- Admin

Last week, the Morrison Government announced that Australia will re-open its international border to overseas students, skilled visa holders and working holiday makers, with Home Affairs Minister Karen Andrews expecting that at least 200,000 migrant workers will arrive in Australia by July 2022: “We are working on a figure of 200,000, it may well be

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Australian dollar NUked

November 29, 2021 - 00:06 -- Admin

DXY was smashed Friday night and EUR roared as the NU COVID strain rocked markets: Australian dollar was NUked on all major crosses: Oil! Metals were not hit quite so hard: Nor miners: But, ominously, EMs stocks shattered support in their bearish pattern: Worse, the rout was led by junk debt: Bonds boomed: And stocks

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Links 29 November 2021

November 29, 2021 - 00:01 -- Admin

Global Macro / Markets / Investing: Inflation has risen around the world, but the U.S. has seen one of the biggest increases – Pew Research The rich are getting richer — and they’re fueling a private jet boom – CNBC Former RBI governor of India, Raghuram Rajan said only a handful of the 6,000-odd cryptocurrencies

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Weekend sundries 27-28 November 2021

November 27, 2021 - 10:51 -- Admin

Gavin ‘I managed to dig out footage of Albert Tucker with my grandparents in the 1940s (Paris). I have uploaded the footage to Youtube. My Grandmother is in the dark (black-ish colour coat) and my grandfather is wearing a tie and proper receding hairline with thin moustache. The blonde woman is my grandmothers sister, she

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Weekend Reading: 27-28 November 2021

November 27, 2021 - 00:01 -- Admin

Global Macro / Markets / Investing: Corporations are using inflation as an excuse to raise prices and make fatter profits — and it’s making the problem worse – Business Insider Apple Sues Israeli Spyware Maker, Seeking to Block Its Access to iPhones – NY Times Biden Is Worried About Gas Prices? He Should Bust OPEC.

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Macro Afternoon

November 26, 2021 - 16:00 -- Admin

Heading into the end of the trading week, risk markets are falling out of bed due to the latest COVID variant news, with Asian stock markets heavily sold off and USD bid up strongly, although Yen safe haven bidding is also gathering pace.  Gold has broken out somewhat, although this has been overshadowed by other

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Coalition’s agricultural visas primed for exploitation

November 26, 2021 - 14:30 -- Admin

The website of labour hire firm Owen Pacific Workforce indicates it intends to hire workers under the federal government’s new agriculture visa, although a spokeswoman for the company has stated it is not taking part in the first phase. Owen Pacific Workforce has previously been accused of housing Pacific Islander workers in squatter-like conditions, so

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Barnaby Joyce hurls infrastructure pork at regions

November 26, 2021 - 14:00 -- Admin

The Minister for Infrastructure, Barnaby Joyce, has reshuffled the board of Infrastructure Australia (IA) and directed it to adopt a greater regional and rural focus. Joyce has appointed former Tamworth mayor Col Murray (from Joyce’s own electorate) as IA chairman, which has prompted condemnation from Labor: Former Tamworth mayor Col Murray, who will take up

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Record auction deluge to flood property market

November 26, 2021 - 13:30 -- Admin

Australia’s auction market continues to fatigue after weeks of high listings: Last weekend’s final auction clearance rate was 70.3%, down heavily from 73.2% the prior weekend off 3720 auctions (up from 3,539 the prior weekend): As noted by CoreLogic: Maintaining volumes in excess of 3,000 for the fifth consecutive week, last week overtook three weeks

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