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‘[John Hepworth] turned death into an art form …Theatrical by inclination, he was determined to die in his own bed with his hat on… Hepworth was splendid while dying. Dressed in a magnificent nightshirt, and wearing a Victorian smoking cap, he entertained the friends who had come to say goodbye.’

The Age, November 1994

The accelerator program is accepting applications from renewable energy innovators, providing expert support and grant funding to help companies scale globally and enter the Indian market.

As the bombs, missiles and threats are thrown around the Middle East like kids in a playground, risk markets are relatively stable following the entry of the US into the Israel-Iran war. The USD is gaining more strength against most  of the undollars with the Australian dollar losing ground to head back to the 64

The post Macro Afternoon appeared first on MacroBusiness.

Activists have rallied outside court ahead of a federal legal challenge to protect vital Northern Territory groundwater supplies from gas exploration.

Vice President J.D. Vance has pushed back against comparisons between US airstrikes on Iran and previous American wars in the Middle East, claiming that this time Washington’s actions are truly limited and rooted in national security objectives – not a drive for regime change.

Pru Goward tries to make sense of the world. The collection cost associated with taxation is but one example of the impost of government regulation on productivity. The enormous number of public servants devoted to extracting every possible cent from economic growth is bloated by private armies of accountants and tax lawyers employed to ensure compliance

Victoria’s net debt was only $22.3 billion when the Labor government delivered its inaugural state budget in 2015. According to budget projections, it will reach $194 billion by 2028–29, up from $155.5 billion currently. Victorian net debt per capita was less than $3,600 in Labor’s first budget. Since then, it has surged to $21,900, with

The post Victorian debt explodes on bureaucratic waste appeared first on MacroBusiness.

The Australian has a consistent viewpoint on the use of gas that is clearly destructive to the Australian economy (and, therefore, itself). It is pro-gas, but it very rarely argues in favour of policies like domestic reservation, even when they are promoted by the Coalition. To some extent, this is probably ideological. The Murdoch Press

The post Why does Murdoch want to destroy Aussie energy? appeared first on MacroBusiness.

The expansion of the war from Palestine to Iran, which began on 13 June, signals an Israeli obsession persisting for four decades. As the Trump administration was negotiating in bad faith with Iran over its nuclear programme, the Israeli regime took advantage of an interval to bomb Tehran, assassinating leading scientists, a senior general and other officials, some of them engaged in the talks.

Nuclear OptionsTARIQ ALI

Australia’s recent productivity growth has been among the worst in the advanced world, as illustrated below by Justin Fabo from Antipodean Macro. This month, federal Treasurer Jim Chalmers launched a productivity summit aimed at pulling the nation out of its funk that has seen per capita growth and living standards decline. The Guardian’s economics editor,

The post Australia’s productivity dreamland appeared first on MacroBusiness.

DXY fell Friday, but WWIII should be enough to restore it this morning. AUD is bunkering. We’ll see a nice oil pop this morning. I say short it. MAGA ain’t pleased. Metals grind on. The mining bear market is huge and only just begun. EM meh. A safe haven bod for Treasuries. Stocks only go

The post Australian dollar hits the oil skids appeared first on MacroBusiness.

Goldman has presented four possible scenarios for the oil market arising from the US attack on Iran’s nuclear facility: Scenario One, we stay in the present scenario where we do not have a meaningful or any loss of supply… I think in that situation we stay around these sort of levels because we are seeing some curtailment of

The post How high for oil as world goes nuclear? appeared first on MacroBusiness.