A soft risk taking mood on Asian share markets today following yesterday’s quiet sessions as concerns continue over the inability of the Trump regime to get any trade “deals” cut before the August 1st deadline, with India and Japan effectively ruling out any such notion. Meanwhile the Europeans are pushing back on the new baseline
Tonight, I will be appearing on DFA Live with Martin North from 8:00 pm AEST, where we will discuss everything related to housing, energy, and the economy. The YouTube feed is below. I hope to see you there.
The post Join me tonight on DFA Live with Martin North appeared first on MacroBusiness.
Wokey continues its good work for the CCP, led by Bernard Keane, China groveller extraordinaire. Abbott’s hypocrisy on this was so extraordinary that even the toddler speaking with him pointed out he’d negotiated a free trade agreement with China when he was briefly prime minister. Abbott defended himself by saying it was possible to see
The federal government’s election pledge to reduce student debt for about three million Australians will be a legislative priority for the first week of the new parliament. University graduates will have their debt reduced by 20%, but e61 Institute economists Jack Buckley and Matthew Maltman have concluded that people in the top third of income-earners
Westpac with the credit card tracker. The Westpac-DataX Card Tracker Index* was largely unchanged over the first two weeks of July. At 137, the latest weekly read continues to hold around the lower end of the range seen since mid-May. The quarterly growth pulse is holding in the 0.9-1.1% range that has prevailed for
Drew Hutton has been credited with co-founding the Greens with Bob Brown. Hutton was the lead Queensland Greens Senate candidate for many years and ran for the party in numerous elections. Following his retirement from parliament, he founded Lock the Gate and led a successful campaign against coal seam gas. However, on June 24, Drew
Goldman with the note. …the Central Commission for Financial and Economic Affairs (CCFEA) meeting chaired by President Xi on July 1 called for building a “unified national market” to discourage local protectionism, as well as regulating disorderly price-cutting and excessive competition among producers. For background, the CCFEA held a meeting on the “healthy development of
Scott Maynard, managing director of electric vehicle (EV) maker Polestar in Australia, has called for an end to tax breaks for large four-wheel-drive utes. Maynard says the fringe benefits tax (FBT) concession “continues to disproportionately serve the sale of dual cab utes and not what I would consider to be a far more progressive style
We know that we are wrecking our economy with crazy high gas prices. We also know that this is a direct result of subsidising gas exports to China, which it sends back as battleships. We know that Japan resells huge quantities of cheap Aussie gas across Asia at a markup. We know that we need
Yesterday, I started paying for ChatGPT. I am not the only one. The Market Ear. Silicon smackdown: Will OpenAI ever be matched? OpenAI has become the AI industry’s dominant force, with 800M users and a $300B valuation—but the race is far from over. As Gavin Baker notes, an Apple-Grok partnership could be the strategic counter