Blogotariat

Bloomberg used to be good. Now it’s a hysteria machine: Investors and firms are flagging that the war in the Middle East poses a major risk for earnings as boycotts dampen sales and Red Sea shipping chaos threatens their supply chains. Those headwinds pose a danger to the record rally in US stocks, according to

The post Geopolitics is not a risk to markets appeared first on MacroBusiness.

The AFR’s Julie Hare reported over the weekend that “foreign students are leaving Australia in droves after visa crackdown”: “Net migration for international students was down 55% in the latter part of 2023 as departures far outpaced arrivals in the last two months of the year”, Hare wrote. “Australian Bureau of Statistics data shows that

The post Axe falls on fake international students appeared first on MacroBusiness.

CBA economist Harry Ottley has published a chart pack that illustrates the dire consequences of record net overseas migration on Australia’s rental market. Residential building approvals have collapsed across the major jurisdictions: House commencements have also collapsed: Apartment commencements have likewise collapsed: The next chart summarises the situation at the national level, with approvals, commencements,

Concrete pours have been completed and the first of battery modules have arrived on the site of South Australia's biggest battery project.

New research examines which areas of Australia will have the worst conditions for solar degradation out to 2059 – and what we can do about it.

Back in the 1960s and 70s, the media was referred to as ‘The Fourth Estate’. The media played a role as a check and balance against government abuse of power, corruption, and overreach. The media was an integral part of any healthy democracy.

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Ben was joined by this week by Marcus Mietzner from the Coral Bell School of Asia Pacific Affairs at the ANU, and the author of The Coalitions Presidents Make, to discuss Prabowo Subianto’s clear victory in the first round of the Indonesian presidential election.

Ursula von der Leyen will formally announce her candidacy for a second term as president of the European Commission on Monday, German tabloid Bild has reported. Von der Leyen has already hinted that she seeks a second term, promising on Saturday to appoint a dedicated “defense commissioner” if she holds on to her office.

Tesla and SpaceX CEO Elon Musk has seemingly agreed with American investor David Sacks, who believes that the Ukraine conflict will end in a heavy defeat for Kiev, but that the West will try to spin the narrative in a way to sweep the truth under the rug.

On Sunday, Sacks published a post on X (formerly Twitter) entitled “A war of lies,” arguing that the Ukraine conflict is based on falsehoods and deceit about “how it started, how it’s going, and how it will end.”

Attention anybody. Australian gas is now comfortably the most expensive anywhere on planet earth: US $2.50Gj Europe $8.70Gj net back. Asia $10.60Gj net back. Australian gas is $11.73Gj. It comes out of the ground for next-to-nothing up the road: Canberra has a spaghetti bowl of existing and possible regulations to fix this in an instant:

The post Attention anybody: Aussie gas MOST EXPENSIVE IN WORLD appeared first on MacroBusiness.

CoreLogic has released its preliminary auction results for the weekend, with the preliminary clearance rate soaring across Sydney to its highest level since mid-October 2021 despite the strongest volumes this year: Sydney held 688 auctions this weekend, resulting in a preliminary clearance rate of 81.7%. Melbourne held 961 auctions, with 72.2% selling at auction thus

Media reports recently offered a rare glimpse into the shoulder rubbing and deal making that takes place at gatherings of Europe’s most secretive organization – the Institut International d’Etudes Bancaires. However, sensitive issues related to global policymaking are hardly the prerogative of this gilded banking society.

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American politics are often seen through the lens of lame comedy… Some news channels try to explain some serious angles but most of them are biased along party lines — and battle for or against the gutter trickeries of the government in place… This creates a containment of the idea of democracy that pleases the establishment channels — the CIA, the FBI and the NSA… and the elites who foment and control the trickeries of rules.