Blogotariat

The process of counting primary votes for the Tasmanian state election concluded yesterday, and we started to see preferences distributed in three of five electorates.

Tasmania doesn’t data-enter ballot papers like for most PR counts in Australia. Instead, each round of preference distributions is conducted and then reported successively.

This will likely mean that some seats that are not yet clear will become clear as the preferences distributions proceed.

So I thought I would do blog post updates at the end of each day’s count.

DXY took a breather: AUD firmed: Brent and gold running together is not a good sign for everything else: Copper and Aluminium are warm: Miners kicked: EM wants to break out: Something hit junk: Yields up: Stocks down: The AI party has a problem. Oil is breaking higher: Oil stocks are the new AI: If

The post Autralian dollar hangs on as oil rages appeared first on MacroBusiness.

Despite strong economic data in both the US and Europe, expectations of delayed rate cuts caused risk markets to pullback from their recent floating on high with the USD falling for the first time in weeks. Wall Street dropped nearly 1% across the board, dragging European stocks down which should translate into a poor opening

The post Macro Morning appeared first on MacroBusiness.

Shanghai steel futures finally stopped falling yesterday which help[ed stablise SGX: Dalain was up last night: It all still looks like dead cats bouncing down a mountainside to me: Today, let’s look at the bubble in the iron ore miners. All three are trading far above where they should be relative to the underlying price

The post IronOre3 bigger bubble than Mag7 appeared first on MacroBusiness.

Ben is joined by Sofia Ammassari from Griffith University to discuss the upcoming Indian federal election.

The world’s largest democracy is going to the polls in April, May and June, with Narendra Modi’s BJP looking set for a third term in office.

We discuss the electoral system, major political issues and the Modi government’s recent history.

Paris mayor Anne Hidalgo said on Saturday Russian and Belarusian athletes "were not welcome" at the Olympics being staged in the French capital this year.

"I want to tell Russian and Belarusian athletes that they are not welcome in Paris and to tell Ukrainian athletes and all the Ukrainian people that we support them very strongly," Hidalgo said in a video posted by Ukrainian YouTube channel, United News.

Here is the definition of the ALP from ChatGPt: The Australian Labor Party (ALP) is one of the major political parties in Australia. It was founded in the 1890s and is traditionally associated with the center-left of the political spectrum. The party advocates for social justice, workers’ rights, and progressive policies. Over the years, the

The post Labor should crucify Albanese appeared first on MacroBusiness.

One of the two Callide C coal units has finally returned to service, after being taken offline due to a cooling tower failure.

Mainline industrial confinement livestock producers routinely feeding subtherapeutic antibiotics to their animals have been desperate for an alternative for many years. As superbugs like cDiff and MRSA developed, consumer backlash against ubiquitous antibiotic use increased.

A Fauci for Every Farm Animal

Asian share markets are still in mixed conditions despite some strong economic catalysts after the Easter break with a somewhat weak lead from Wall Street not helping local stocks as much as thought. The high USD and higher bond yields continue to dominate currency markets as the Australian dollar for example remains depressed below the

The post Macro Afternoon appeared first on MacroBusiness.

Australian Council for International Development Media Release The Australian Council for International Development, the peak body for the aid and humanitarian agencies, has today expressed its deepest condolences to the family of killed Australian aid worker Zomi Frankcom. Ms Frankcom was killed, along with four of her fellow aid workers, by an Israeli air strike…

The post Killing of Australian aid worker in Gaza tragic and preventable appeared first on The AIM Network.

Australia's biggest group of clean energy investors calls for urgent review after release of final calculations on wind and solar generator ratings.

Combet defends solar "sunshot" plans, saying Australia needs sovereignty over industries of the future.