MacroBusiness
Thursday, March 21, 2024 - 10:30
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Australian households are currently spending a record share of their income servicing debt repayments: Data from the Bank for International Settlements for the September quarter of 2023 shows that principal and interest debt repayments as a share of household income have risen far more in Australia than in other Anglosphere nations: The sharper increase in The post Why Aussie mortgage rates will continue to rise appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 21, 2024 - 10:00
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Andrew Bolt interviewed me on Sky News where I explained the Albanese government’s epic failure on immigration and housing, which is driving rents into the stratosphere and pushing Australians into homelessness. Andrew Bolt: The Albanese government last year said immigration would fall. But the January figures are a record, more than 55,000 new migrants – The post Labor’s epic housing fail appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 21, 2024 - 09:30
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The bull roars on. The Market Ear. SPX perfection Looks like Madoff drew the SPX trend channel since January, but note we are in the upper part of the channel… Refinitiv Post FOMC chase If you need to chase stuff post FOMC, semis have come down substantially since the upside panic we saw recently. Note The post The bull roars on appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 21, 2024 - 09:00
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The Federal Reserve meeting overnight eventually sent the USD down significantly against the majors, lifting equities, while bond yields eventually finished largely unchanged as markets absorbed the language and tenor of the almost non-result. Wall Street pushed up to a new record high and its looking good for shares here in Asia on the open. The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Thursday, March 21, 2024 - 08:48
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Renew Economy
Thursday, March 21, 2024 - 08:35
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MacroBusiness
Thursday, March 21, 2024 - 08:27
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DXY eased: AUD popped: North Asia sagged: Oil and gold traded places: Metals meh: Miners are dead cat bouncing: EM warmed up: Junk is bullish: Curve steepened: Stocks only go up: The Fed is going to cut regardless of recent jitters. The forecast “dots” got less dovish but Chair Powell was clear: Powell calls the The post Australian dollar launches as Fed fuels rocket appeared first on MacroBusiness. |
Renew Economy
Thursday, March 21, 2024 - 08:26
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MacroBusiness
Thursday, March 21, 2024 - 07:52
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When Albo went to India in early 2923 and signed a bunch of shockingly bad agreements with Narendra Modi about labour mobility, we warned it was a catastrophic mistake. Amazingly, Albo equalised all Indian qualifications with their Aussie equivalents. Even though everybody knows that most of the Indian education system is an immense scam. You The post Albo’s Indian army invades appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 21, 2024 - 07:00
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Albo dills do love hypocrisy: Prime Minister Anthony Albanese has accused the opposition of politicising diplomacy after he was asked by Paul Fletcher whether he would reassess Kevin Rudd’s role as ambassador to the US considering he called Donald Trump a “destructive president” in 2020. Albanese said the Liberal MP’s comment was “a cheap-shot question” The post Pull Rudd now appeared first on MacroBusiness. |
Your Democracy
Thursday, March 21, 2024 - 06:43
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Recently, the countries of the Global South have been actively expanding their ties, finding new areas of cooperation, creating their own integration associations. In general, they are trying in every possible way to restore justice, to become full-fledged members of the world community, as it is now accepted to say, “independent poles of power”.
BY Bakhtiar URUSOV
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Your Democracy
Thursday, March 21, 2024 - 04:53
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Glenn Diesen: Here’s why Western media ‘coverage’ of Russia is incredibly dangerousThe self-deception practiced by journalists writing about the country is leading to dire consequences Western media coverage of every Russian election is bad. But this time it was even worse than usual. |
MacroBusiness
Thursday, March 21, 2024 - 01:30
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Bernard Keane is all there is read at the woked-up Crikey. Rarely do I read stuff that I was planning to write myself but BK did it yesterday: The dearth of talent in the current Coalition line-up is alarming, and a testament to both the toxic effect of Scott Morrison and the damage he caused The post Invisible man, Angus Taylor, has to go appeared first on MacroBusiness. |
Renew Economy
Thursday, March 21, 2024 - 00:12
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MacroBusiness
Thursday, March 21, 2024 - 00:10
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You could run a country successfully by doing the opposite of whatever Chanticleer advises: The heartbreaking battle facing first home buyers is getting harder, according to asurvey of home ownership intentions from Westpac. Compared to 2021, first home buyers expect it will take six months longer to raise a deposit that is almost $4000 smaller The post RBA must slash rates to skyrocket house prices appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 21, 2024 - 00:05
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No country has screwed up its immigration policy as badly as Canada. The employment, housing, infrastructure, and healthcare systems are all in disarray. Canada’s population increased by more than 1.2 million people, driven by record net overseas migration: This population surge has resulted in a serious housing shortage across Canada: Housing starts have lagged significantly |
Renew Economy
Wednesday, March 20, 2024 - 22:20
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Renew Economy
Wednesday, March 20, 2024 - 20:17
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Your Democracy
Wednesday, March 20, 2024 - 19:27
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In perhaps the least surprising news of the year, Vladimir Putin has triumphed at the Russian ballot box and been enthroned for the fifth time as president. He will serve for six more years. |
AustralianPolitics.com
Wednesday, March 20, 2024 - 18:03
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This is Senator Dave Sharma’s maiden speech to the Senate. Sharma, a Liberal, assumed his NSW Senate position on November 30, 2023. He filled a casual vacancy created by the departure of Senator Marise Payne. At her retirement, Payne was the longest-serving female senator, having held her seat for 26 years, 5 months and 21 days since 1997. Previously, as the member for Wentworth (2019-2022), Sharma delivered a first speech to the House of Representatives. In 2018, Sharma contested the by-election for the Sydney electorate of Wentworth, occasioned by the departure of the former prime minister, Malcolm Turnbull. |
Your Democracy
Wednesday, March 20, 2024 - 17:38
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Having done everything possible to oppose action to mitigate climate change and replace fossil fuels with renewable energy sources, the federal opposition has suddenly decided to embrace the most illconceived and inappropriate solution for us (‘‘Why nuclear power doesn’t add up’’, March 19). Nuclear energy produces the most expensive energy compared with renewables; ...
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MacroBusiness
Wednesday, March 20, 2024 - 16:30
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Asian share markets are in a fairly good mood but all eyes remain on what the Fed will say and do overnight at its FOMC meeting with currency markets largely unchanged. Australian stocks are going nowhere after the RBA meeting as the Australian dollar is still in the doldrums, almost crossing below the 65 handle. The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Wednesday, March 20, 2024 - 15:59
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Renew Economy
Wednesday, March 20, 2024 - 15:23
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Renew Economy
Wednesday, March 20, 2024 - 15:11
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Renew Economy
Wednesday, March 20, 2024 - 14:52
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Renew Economy
Wednesday, March 20, 2024 - 14:35
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Renew Economy
Wednesday, March 20, 2024 - 14:22
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Renew Economy
Wednesday, March 20, 2024 - 14:16
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Renew Economy
Wednesday, March 20, 2024 - 14:10
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