Renew Economy
Friday, March 15, 2024 - 15:13
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The Australian Independent Media Network
Friday, March 15, 2024 - 15:12
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ActionAid Media Release Riham Jafari, Communications and Advocacy Coordinator at ActionAid Palestine, said: “We categorically denounce the reported green light from the US for Israel to undertake military action in Rafah and forcibly transfer the million plus people sheltering in Rafah to so-called “humanitarian islands” within Gaza so Israel can continue its violent rampage which… |
Renew Economy
Friday, March 15, 2024 - 14:56
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The Australian Independent Media Network
Friday, March 15, 2024 - 14:55
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2023 was another landmark year for electric transport in Australia with rapid growth in both EV sales and charging infrastructure, according to the Australian Electric Vehicle Industry Recap 2023 released today. The Recap, produced by the Electric Vehicle Council finds: EV sales (including both battery EVs and plug-in hybrids) grew by 120% The total Australian EV fleet… The post EVs now mainstream in Australia after record year of growth appeared first on The AIM Network. |
Your Democracy
Friday, March 15, 2024 - 14:54
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It was at a grand military awards ceremony last December that Vladimir Putin told the Russian public he would stand for the presidency for a fifth time. Voting is now taking place over three days until Sunday, even though the result is not in doubt as he has no credible opponent. |
Renew Economy
Friday, March 15, 2024 - 14:36
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MacroBusiness
Friday, March 15, 2024 - 14:00
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This week, Statistics New Zealand released data on electronic card transactions, which showed that retail spending fell 2% in February to be flat over the year. Westpac’s economics team noted that household spending is flagging despite record immigration-driven population growth: “Taking a look at the longer-term trend, it’s clear that New Zealanders’ spending appetites are |
MacroBusiness
Friday, March 15, 2024 - 13:30
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TSLombard with the note. Slower growth but not zero growth. If Beijing is worried that unbalanced debt-fuelled expansion could lead to a financial crisis, social instability and foreign intervention, it follows that a balance sheet recession and a Japanese-style “lost decade” would also be anathema to Party policymakers. Too little growth, even if it is The post China’s yawnulus no longer benefits Australia appeared first on MacroBusiness. |
Renew Economy
Friday, March 15, 2024 - 13:00
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MacroBusiness
Friday, March 15, 2024 - 13:00
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Take a look at the below spin from Home Affairs Minister Clare O’Neil, published Wednesday on Twitter (X): “No matter where in Australia you are, the Albanese Government’s first, second, and third priority is doing all we can to help all Australians manage the cost of living”, O’Neil says. Try telling that to Australia’s growing The post Labor spins cost of living fairy tales appeared first on MacroBusiness. |
MacroBusiness
Friday, March 15, 2024 - 12:30
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In this week’s Treasury of Common Sense with Radio 2GB’s Mike Jeffries, I discussed NSW Premier Chris Minns’ faux concern over Sydney’s housing crisis, which comes amid his lobbying the federal government for even more immigration! Below are highlights from the interview. Edited Transcript: NSW Premier Chris Minns this week Tweeted about how it’s terrible The post Politicians cannot be trusted to fix housing appeared first on MacroBusiness. |
Renew Economy
Friday, March 15, 2024 - 12:02
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MacroBusiness
Friday, March 15, 2024 - 12:00
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Earlier this week, I was interviewed alongside other economists by Shannon Molloy from News.com.au on how record net overseas migration is impacting the rental crisis. As usual, I gave a straight-talking, no BS assessment of the situation: Leith van Onselen, co-founder of MacroBusiness and chief economist at MB Fund and MB Super, said the decision |
Renew Economy
Friday, March 15, 2024 - 11:49
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MacroBusiness
Friday, March 15, 2024 - 11:30
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Last decade, we witnessed the biggest high-rise apartment construction boom in Australia’s history, concentrated in the major cities. This boom in high-rise apartment complexes coincided with an increase in construction faults and quality issues, such as cracking foundations, water leaks, balcony defects, and flammable cladding. Notable examples include Sydney’s Opal and Mascot Towers, which were |
MacroBusiness
Friday, March 15, 2024 - 11:00
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By Gareth Aird, head of Australian economics at CBA: Key Points: We expect the RBA will leave the cash rate unchanged next week in a straight forward decision. The Q4 23 national accounts were probably a touch softer than the RBA anticipated, but not sufficiently so for the RBA to change their communication strategy. As The post RBA to hold rates next week ahead of easing cycle appeared first on MacroBusiness. |
xkcd.com
Friday, March 15, 2024 - 11:00
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MacroBusiness
Friday, March 15, 2024 - 10:30
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Last week’s Q4 national accounts suggested that Australia’s population grew by a record 680,000 people in 2023, which is the equivalent of around 1.5 Canberra’s. On Thursday, the Australian Bureau of Statistics (ABS) released net permanent and long-term arrivals data for January, which showed that annual net arrivals hit a record 482,000: The next chart The post Aussie immigration surged higher in January appeared first on MacroBusiness. |
MacroBusiness
Friday, March 15, 2024 - 10:00
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The Market Ear with the latest challenge to the bull market. Higher for longer trying a comeback The 10 year yield is making a massive up candle as we take out the 4.2% resistance. Note that we are now above the 200 day moving average and that we are closing in on a potential golden The post Rates versus risk appeared first on MacroBusiness. |
MacroBusiness
Friday, March 15, 2024 - 09:30
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The Australian political economy is transformed…into a mental illness. From the hopes of personal freedom, fulfilment, and liberalism of the 1980s Boomer generation, we have shifted into a structurally disenfranchised Generation Y with zero prospect of upward mobility. Wages are low. House prices are impossible. Rents are a moon rocket. This baleful class warfare cuts The post Australia’s Brave New World appeared first on MacroBusiness. |
Renew Economy
Friday, March 15, 2024 - 09:24
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MacroBusiness
Friday, March 15, 2024 - 09:00
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A firmer than expected PPI inflation print overnight sent Wall Street stumbling again as retail sales also softened greater than expected. This lead to a rise in both the USD and bond yields, muddying the waters on the Fed’s position going into next week’s FOMC meeting. Asian shares had a poor showing yesterday with futures The post Macro Morning appeared first on MacroBusiness. |
Australia’s largest rail freight company to roll out battery electric tenders in “world first” trial |
Your Democracy
Friday, March 15, 2024 - 08:19
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Although the words have remained the same, the notions of separation, absence, distance, return, no longer contain the same realities. To understand the world today, we use a language that was established for the world of yesterday. And life of the past seems to us to respond better to our nature, for the sole reason that it responds better to our language. |
MacroBusiness
Friday, March 15, 2024 - 07:58
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DXY reversed upwards: AUD did the Costanza: North Asia too: Oil and copper broke out sending an unambiguous no-landing signal: Miners are fooked as iron ore heads for the cost curve: EM fell: Junk did OK: Given the yield back-up: Stocks held on: US PPI was a shocker at 0.6 versus 0.3 expected, largely on The post Australian dollar crushed by rate spike appeared first on MacroBusiness. |
Renew Economy
Friday, March 15, 2024 - 07:56
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The Tally Room
Friday, March 15, 2024 - 07:00
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Ben was joined by William Bowe from the Poll Bludger to discuss the Tasmanian state election. We run through the five state electorates one by one, and discuss what we’ll be watching for on election night. |
MacroBusiness
Friday, March 15, 2024 - 07:00
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It looks like we are headed for a cost-curve shakeout in the FE markets sooner rather than later. Rebar futures are getting there. SGX is aflame: Dalian broke the residence at 800 last night: Coking coal is in free fall: MySteel wraps it nicely: The inventories of finished steel products at the warehouses of Chinese The post Flaming iron ore comet hurtles towards earth appeared first on MacroBusiness. |
Your Democracy
Friday, March 15, 2024 - 06:53
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On 13 November 2023, following the terrible attack by Hamas on Israel, Jürgen Habermas and three other prominent German academics released a statement condemning the rise of antisemitism in Germany. They also criticised the use of the term “genocide” to describe Israel’s response. Israel’s military retaliation was “justified in principle”, they argued, and despite |
Cheeseburger Gothic
Friday, March 15, 2024 - 06:41
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