Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Albo’s Ministry of Information is massive overreach

November 13, 2024 - 12:30 -- Admin

It appears the subaltern Australian mind is so brow-beaten that, like our American cousins, we are ready to give away our freedoms to would-be tyrants. Constitutional law expert Anne Twomey has warned Labor’s bid to crack down on online misinformation could “all go very wrong”, raising concerns over the outsourcing of censorship decisions to foreign-owned social

Australia’s EV bubble pops

November 13, 2024 - 11:30 -- Admin

The latest new car sales data from the Federal Chamber of Automotive Industries (FCAI) showed that sales nationally are trending lower, down 7.9% year-on-year in October. This decline in new car sales has been matched by the fall in motor vehicle registrations this year. FCAI chief executive Tony Webber noted that the industry is “concerned

Stocks hit bond turbulence

November 13, 2024 - 11:00 -- Admin

The Market Ear on the runaway Trumpflation. And the winner is When you need proper leverage, you go for the mania 2x. MSTU, 2x MSTR, up some 50% today. Source: Refinitiv The one and only The dollar continues surfing with the DXY printing the highest levels since late June/early July. We outlined our long dollar

Albo loses control of immigration

November 13, 2024 - 10:00 -- Admin

Labor’s first federal budget in October 2022 projected 470,000 net overseas migration (NOM) in the first two years (FY 23 and 24). Instead, Labor allowed in around one million NOM over two years, more than double its forecast. On Tuesday, the Australian Bureau of Statistics (ABS) released monthly net long-term arrivals data, indicating that immigration

Why Sydney and Melbourne house prices are falling

November 9, 2024 - 00:20 -- Admin

CoreLogic’s daily dwelling values index shows that Sydney and Melbourne home values are now falling, down 0.1% and 0.2% over the last 28 days, respectively. SQM Research released data on the number of for-sale listings, which revealed that Sydney (+12.7%) and Melbourne (+12.1%) have experienced the sharpest rise in listings out of the major capital

Weekend reading and media appearances

November 9, 2024 - 00:10 -- Admin

Local Reads: Raygun retires from breaking after Olympic backlash – BBC ‘Ecosystems are collapsing’: one of Australia’s longest rivers has lost more than half its water in one section, research shows – The Guardian Scientists confirm “disgusting” composition of mysterious tar balls that surfaced on Sydney beaches – ABC Australians who think inequality is high

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