Blogotariat

On Saturday, I gave an extended live interview with Luke Grant from Sydney Radio 2GB. In the interview, I explained how future Australians are facing lower living standards than the generations that came before them. Below are key highlights. Leith van Onselen: Listeners might recall that we set a all-time high record net overseas migration

The post Australian living standards are in terminal decline appeared first on MacroBusiness.

CoreLogic has released preliminary auction data for the weekend, with the combined capital city preliminary clearance rate rising to 74.0%, up from 72.8% last weekend and 64.2% in the same weekend last year: The bounce in clearances came despite 2,723 capital city homes going under the hammer this weekend, which was the second busiest weekend

The post Auction market surges into Autumn driving prices higher appeared first on MacroBusiness.

For this post, I’m not going to dwell too much on individual races and where they are up to, but instead look at broader trends. I’ll do another post today or tomorrow about the close races and what we’re waiting to see.

There were quite a few votes that weren’t counted last night. Almost 600,000 votes were counted for the lord mayoral election, but barely 450,000 primary votes were counted for the council election, and only about 60% of those votes had preferences distributed.

I have a rare Tuesday night off from Jujitsu and I have finished watching Masters of the Air. Happy to host Zoom drinks for a chat if enough peeps are interested.

DXY firmed Friday night: AUD fell: With North Asia: Oil popped, gold dropped: Copper is one man base metals band: The miner retest gathers pace: EM puked: But junk was firm: Yields whoa! A stock correction may finally be here: We are experiencing another cyclical pop in inflation that has punctuated disinflationary progress for a

The post Australian dollar might reach 30 cents appeared first on MacroBusiness.

6:18 – There was a big uptick in pre-poll voting yesterday (which is pretty standard). More than 5% of all voters cast their vote on Friday, which means that 25% of all enrolled voters cast a pre-poll vote. Remarkably this means that the total pre-poll share has jumped from 23.7% in 2020. It does look like postal votes has dropped, but we don’t yet have a final figure.

The big unknown factor is how many people vote on election day, but there have been reports of long queues. So it’s possible we could be looking at an elevated turnout.

The Georgia judge overseeing Donald Trump's trial on charges of trying to overturn his election defeat says lead prosecutor Fani Willis can remain on the case, but a deputy with whom she had a personal relationship stepped down in keeping with the judge's order.

Friends of the Earth Media Release Threat from mercury, lead & radioactive waste pollution A multinational fossil fuel company has applied to the federal government to dump the majority of eight offshore oil platforms into Bass Strait close to the Gippsland coast in Victoria. Esso, which is owned by Woodside and ExxonMobil, wants to remove…

The post Plan to dump eight toxic oil platforms off Gippsland appeared first on The AIM Network.

Every six to eight months I make The Pancake Mistake. I forget that I don’t know how to cook the damn things that I always mess them up. But then I love them so much that I go back and make the mistake again. This week was that week.

It’s 8 pm in Gaza, Palestine right now, the end of my fourth day in Rafah and the first moment I’ve had to sit in a quiet place to reflect.

I’ve tried to take notes, photos, mental images, but this moment is too big for a notepad or my struggling memory. Nothing prepared me for what I would witness.

International Reading: McDonald’s prices are up, so lower-income consumers are eating at home – CNN Retirement 2024: 28% of Americans Have $0 Saved for Their Golden Years – Global Rankings America’s hidden homes: “These are the houses your real-estate agent doesn’t want you to see.” – Business Insider American dream of owning a home is

The post Weekend Reading and MB Media Appearances appeared first on MacroBusiness.

Asian share markets are putting in poor sessions as the trading week concludes with currency markets showing a swing back towards USD in the wake of last night’s firmer than expected PPI print. Wall Street is looking to open slightly lower  with the Australian dollar still at its overnight lows as it passed well below

The post Macro Afternoon appeared first on MacroBusiness.