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Renew Economy Thursday, August 18, 2022 - 08:59 Source

solar panel

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Your Democracy Thursday, August 18, 2022 - 07:59 Source

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Your Democracy Thursday, August 18, 2022 - 07:10 Source

Social media behemoth Meta is beefing up its information-control tactics as the US heads into the 2022 midterm elections, tightening rules on voting misinformation and advertising. The changes were announced in a blog post on Tuesday.

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Renew Economy Thursday, August 18, 2022 - 06:37 Source

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MacroBusiness Thursday, August 18, 2022 - 00:10 Source

ANZ Bank has released a revised outlook for the residential property market, forecasting that house prices in the nation’s capital cities will fall by 8% by the end of 2022 and by 18% between now and the end of 2023. Felicity Emmett from the ANZ Bank says the prospect of further interest rates hikes in

The post Australia’s housing ATM runs dry appeared first on MacroBusiness.

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MacroBusiness Thursday, August 18, 2022 - 00:05 Source

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.

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MacroBusiness Thursday, August 18, 2022 - 00:01 Source

Global Macro / Markets / Investing: New Study Links Financial Wellness with Better Sleep – Altoirablog After Google’s “Blood In The Streets” Warning, Apple Lays Off Employees – NDTV Warren Buffett’s Berkshire Hathaway topped up its Apple and Chevron stakes last quarter – Yahoo Dow, S&P 500 Close Higher Ahead Of Big Week For Retail

The post Links 18 August 2022 appeared first on MacroBusiness.

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Renew Economy Wednesday, August 17, 2022 - 21:43 Source

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Renew Economy Wednesday, August 17, 2022 - 21:35 Source

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Your Democracy Wednesday, August 17, 2022 - 20:47 Source

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.

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Your Democracy Wednesday, August 17, 2022 - 19:15 Source

Turkish President Recep Tayyip Erdogan and UN Secretary General Antonio Guterres will meet with Ukrainian President Vladimir Zelensky in the western Ukrainian city of Lviv on Thursday. Discussions will likely include grain shipments from Ukraine and the endangered Zaporozhye nuclear power plant.

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The Australian Independent Media Network Wednesday, August 17, 2022 - 19:11 Source

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.

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Cheeseburger Gothic Wednesday, August 17, 2022 - 16:36 Source

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MacroBusiness Wednesday, August 17, 2022 - 16:30 Source

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.

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Renew Economy Wednesday, August 17, 2022 - 15:19 Source

 Canva).

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Renew Economy Wednesday, August 17, 2022 - 14:50 Source

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The Australian Independent Media Network Wednesday, August 17, 2022 - 14:50 Source

In a long and rambling statement posted to Facebook, former Prime Minister Scott Morrison has defended his actions in seizing control of five ministries simultaneously. In a similar fashion to my response to John Howard’s character reference for George Pell (which I think is also available on this site), I want to analyse and deconstruct…

The post What’s The Saying About a Pro Se Defendant? Morrison Defends Himself appeared first on The AIM Network.

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Renew Economy Wednesday, August 17, 2022 - 14:43 Source

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Renew Economy Wednesday, August 17, 2022 - 14:38 Source

Biomass bioenergy biofuels ARENA roadmap - optimised

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THE BLOT REPORT Wednesday, August 17, 2022 - 14:20 Source

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.

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MacroBusiness Wednesday, August 17, 2022 - 14:05 Source

The Reserve Bank of New Zealand (RBNZ) today hiked the official cash rate (OCR) by another 0.5% – the fourth consecutive double rate hike. This lifted the OCR to 3.0%, up from the record low 0.25% in August 2021. It also took the OCR to its highest level in seven years. In announcing its decision,

The post Reserve Bank crashes New Zealand housing with fourth 0.5% rate hike appeared first on MacroBusiness.

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Renew Economy Wednesday, August 17, 2022 - 13:51 Source

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Your Democracy Wednesday, August 17, 2022 - 13:44 Source

Making Kissinger Look Sane

This blood-soaked empire manager [Kissinger] is not warning about Washington’s pursuit of planetary hegemony because he has gotten saner. It’s because the war machine has gotten crazier.

 

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MacroBusiness Wednesday, August 17, 2022 - 13:30 Source

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.

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The Tally Room Wednesday, August 17, 2022 - 13:30 Source

Some of you may not be aware that this website contains a data repository with election results data from all over Australia. The repository contains tidy data with clear IDs that link the different tables together and make it easy to analyse a whole state’s election results in one go. I started the repository when I found myself having to do a lot of work to compile state election results in a usable format.

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MacroBusiness Wednesday, August 17, 2022 - 13:00 Source

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.

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MacroBusiness Wednesday, August 17, 2022 - 12:30 Source

Westpac’s Bill Evans with the index. It’s difficult to see how the economy could bounce in the face of aggressive interest rate hikes from the RBA and crashing house prices. Household consumption drives the economy and should fall as both rising mortgage repayments and the negative wealth effect from falling house prices bite.  ____________________________________________________________________________________________ Growth

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MacroBusiness Wednesday, August 17, 2022 - 12:00 Source

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

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MacroBusiness Wednesday, August 17, 2022 - 11:39 Source

Australian wage growth missed economists’ expectations in the June quarter of 2022, according to new data released today by the Australian Bureau of Statistics (ABS). Total wages grew by only 0.72% in the June quarter, missing analyst’s expectations of 0.8% growth. Private sector wages grew by 0.72% over the quarter, whereas public sector wages grew

The post Soft Aussie wage growth tempers RBA rate hikes appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 17, 2022 - 11:20 Source

CoreLogic has released rental listings data, which shows that the number of properties listed for rent across the combined capital cities has plummeted to just 80,000 – around 50,000 (40%) less than were available for rent in July 2018 and July 2021: In turn, the rental vacancy rate has collapsed to just 1.3% across the

The post Australia’s rental crisis screams Code Red appeared first on MacroBusiness.

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