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MacroBusiness Saturday, July 27, 2024 - 12:03 Source

There were so many ways to take the news, momentous as it was. Just imagine being that journo with a cameraman in tow, defying shrapnel bullets and stray rounds with a desperate dash down a shattered street into the remains of a building with a microphone ready to thrust towards the mouths of the occupants

The post Canada, Australia and NZ distract as housing affordability burns appeared first on MacroBusiness.

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The Australian Independent Media Network Saturday, July 27, 2024 - 11:19 Source

Rwanda has become a curiosity as an African state. The mere mention of its name tugs the memory: colonial tragedy, ethnic violence, genocide. Then comes stable rule, for the most part. It is assured, iron fisted, and corporate. Since being elected in April 2000, the country has known one leader.   Paul Kagame has kept…

The post Foregone Conclusions: Paul Kagame Retains Power appeared first on The AIM Network.

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Your Democracy Saturday, July 27, 2024 - 10:42 Source

Black Lives Matter has criticized the Democratic Party for "anointing" Vice President Kamala Harris as the expected Democrat presidential nominee without a public vote.

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Your Democracy Saturday, July 27, 2024 - 10:00 Source

There’s no mention of their duty to the people in the oath of office that members of the U.S. Congress take. It says they will support and defend the Constitution from all enemies, foreign and domestic. 

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New Politics Saturday, July 27, 2024 - 07:55 Source

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John Quiggin Saturday, July 27, 2024 - 05:47 Source
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MacroBusiness Saturday, July 27, 2024 - 00:05 Source

International Reads: It turns out a lot of return-to-office mandates were meant to make workers quit – QZ Elon Musk warns ‘America is going bankrupt’ as interest payments on US debt ate up 76% of June’s income tax revenue – Yahoo These are America’s 10 worst states for quality of life in 2024 – CNBC

The post Weekend Reading and MB media Appearances appeared first on MacroBusiness.

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MacroBusiness Friday, July 26, 2024 - 16:30 Source

A minor taste of stability returned to risk markets here in Asia, although most share markets are still taking it tough after the mid week slump on Wall Street. Chinese shares remain depressed while local issues rallied hard into the weekend. The USD lost some ground against the majors after holding the high ground all

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Friday, July 26, 2024 - 15:44 Source

Media heir Lachlan Murdoch hosted Prime Minister Anthony Albanese, Opposition Leader Peter Dutton and several Australian billionaires on Thursday evening, less than 24 hours after it emerged that his father, Rupert Murdoch, had moved to cement his media empire’s conservative edge beyond the grave.

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Renew Economy Friday, July 26, 2024 - 15:29 Source

sun cable 5b solar northern territory optimised

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Renew Economy Friday, July 26, 2024 - 15:24 Source
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Renew Economy Friday, July 26, 2024 - 15:12 Source
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Renew Economy Friday, July 26, 2024 - 14:10 Source
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MacroBusiness Friday, July 26, 2024 - 14:00 Source

Independent economist Tony Alexander has published a detailed report on New Zealand’s economy and labour market, which is based in part on his latest business survey. Barely any jobs are being created at the same time as New Zealand’s population is growing strongly via immigration. And gauges of labour market plans and concerns show a

The post Reserve Bank must cut rates to prevent mass unemployment appeared first on MacroBusiness.

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Renew Economy Friday, July 26, 2024 - 13:42 Source
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MacroBusiness Friday, July 26, 2024 - 13:30 Source

Data from property group Domain shows that the median house price in Brisbane has risen by 4% in the last three months to a record high of $976,464. Domain expects Brisbane’s median house price to reach $1 million within three months. The firm had forecast in April that the $1 million median price milestone would

The post Brisbane housing joins $1 million club appeared first on MacroBusiness.

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Renew Economy Friday, July 26, 2024 - 13:21 Source
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MacroBusiness Friday, July 26, 2024 - 13:00 Source

Last month, Michael Fotheringham, a major immigration propagandist and managing director of the Australian Housing and Research Institute, touted group housing as a solution to Australia’s housing crisis. “We are consuming more houses for the number of people we have… The number of people per household is decreasing. Australia is increasingly becoming a nation of

The post Growing demand for share houses pushes up rents appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, July 26, 2024 - 12:44 Source

Oxfam Australia Media Release Responding to the Rio de Janeiro G20 Ministerial Declaration on International Tax Cooperation published today, Oxfam International’s Tax Policy Lead Susana Ruiz, said: “This is serious global progress – for the first time in history, the world’s largest economies have agreed to cooperate to tax the ultra-rich. Finally, the richest people…

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MacroBusiness Friday, July 26, 2024 - 12:30 Source

I have criticised Bloomberg commodities analysis before. But today’s effort goes from bad to disastrous. Stock-market routs like Wednesday’s highlight the importance of portfolio diversification. While not suitable for all investors, commodities are looking increasingly cheap and uncorrelated to the equity market. Unlike stocks — which experience their worst drawdowns in a recession — commodities rally

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Friday, July 26, 2024 - 12:00
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