Blogotariat

The federal Minister Housing and Homelessness gave an interview yesterday on the Today Show (video below) where she blamed Australia’s housing crisis on a lack of supply: “Ultimately [the housing crisis] is an issue of supply, and we need to get more homes on the ground as quickly as we can. And that’s what we’re

The post Labor blames “supply” for housing crisis, then drops record immigration appeared first on MacroBusiness.

Julia Gillard delivered a gushing speech to the American Congress in March 2011. Then eight months later she agreed to US Marines in Darwin.

Julia Gillard laid it on thick in her speech to Congress…..you can do anything…we have shared values….you can do anything…we are doing our part in Uruzgan province….you brave and free people…you can do anything.

How will they sell the tattered remains of a discarded and discredited rabble? Now that Stooge McFuck has been consigned to a nosebleed seat on the backbenches from whence to idly speculate on the humiliating turn his miracles have taken and to importune potential post-politics grift it will be interesting to watch how the Tories…

The post Papering over the crackpots appeared first on The AIM Network.

A fairly solid session for Asian stocks with Chinese bourses playing catchup after the interest rate shenigans from yesterday not overshadowed by the small stumble on Wall Street overnight as traders await the latest FOMC minutes. The USD remains strong with Australian dollar faltering as it clings on just above the 70 cent level while

The post Macro Afternoon appeared first on MacroBusiness.

I had hoped that I would not feel compelled to write something about the vacant narcissistic buffoon that is former Prime Minister Scott Morrison, now he is no longer in government. But, here we are. The Labor Party’s main weapon against the Liberal Party has excreted in his own nest, again.

Morrison has been shown to have ‘acquired’ 5 ministerial positions without telling anyone, not even those whose portfolios he acquired. It seems to only person who knew was the very compromised Governor General who swore him in to those positions but who seemingly acquiesced in keeping these swearings-in secret1.

Roy Morgan CEO, Michelle Levine, has provided a useful update on Australian politics and economics, based on the firm’s latest surveys. First, Roy Morgan’s latest voting intentions tracker shows that the Labor Albanese Government has extended its electoral lead over the Coalition by 1%, and now leads 53% to 47% on a two-party preferred basis.

The post Australian weekly economic indicators bounce appeared first on MacroBusiness.

A good take on the Chinese property adjustment from TSLombard. Upon becoming General Secretary of the Communist Party in November 2012, Xi Jinping announced the goal of his leadership would be the “China Dream”, the great rejuvenation of the Chinese nation. Reporting at the time from Beijing, Evan Osnos, staff writer for The New Yorker,

The post The end of the Chinese dream appeared first on MacroBusiness.

Must Australia liberate the Solomons again? This time from China’s tinpot allies: Last week dignitaries, including US ambassador to Australia, Caroline Kennedy, gathered for a dawn ceremony on Bloody Ridge in Solomon Islands to commemorate the 80th anniversary of the start of the brutal battle for Guadalcanal. Solomon Islands Prime Minister Manasseh Sogavare didn’t bother