Blogotariat

The developers of a solar thermal powered methanol production facility that will supply green fuel for shipping and aviation have bedded down $A40 million in funding.

‘Tis relentless and has a very long way to run. Morgan Stanley with more. Major Deterioration in 4Q23 Earnings Pre-AnnouncementsOur China Equity Strategy team’s quarterly tracker of earnings pre-announcements showed that 4Q23 earnings alerts have deteriorated sharply. As of February 5, 34% of MSCI China companies issued alerts, and the pre-announcements (by number of companies)

Australia’s former universities turned Third World corporate parasites are pulling sharp u-turn: Universities and private colleges have cancelled scores of international student enrolment offers as institutions rush to protect their risk ratings following the federal government’s visa crackdown. Some education providers believe they’re being unfairly impacted by the government’s migration reforms which aim to slash

February has turned out to be another shocker for Australia’s home-building industry, which faces an uphill battle supplying homes for Australia’s ballooning population. Only 162,200 dwellings were approved for construction in the 2023 calendar year. This was the lowest annual result since March 2013, below the historical average, and some 78,000 lower than the Albanese

Chicken Chamlers is at it again. This time on the WA GST deal: At $US128 a tonne, WA’s share of GST would have stayed around the 30¢ per person mark. But as Morrison’s plan meant its share had to increase, billions and billions more had to be tumbled into the GST pot to ensure all

The post Comet to destroy Australia. Chicken Chalmers calls inquiry appeared first on MacroBusiness.

Fresh from the ABS. In seasonally adjusted terms, in January 2024: unemployment rate increased to 4.1%. participation rate remained at 66.8%. employment increased to 14,201,300. employment to population ratio decreased to 64.1%. underemployment rate increased to 6.6%. monthly hours worked decreased to 1,871 million. full-time employment increased by 11,100 to 9,797,800 people. part-time employment decreased by 10,600 to 4,403,500

Nominations closed on Tuesday for the two Queensland state by-elections and the Queensland council elections, all to be held on March 16. I have now updated my candidate lists for my Brisbane City, Inala and Ipswich West guides.

For this post I’m most interested in the nominations for the City of Brisbane. I have some other thoughts about nominations in other councils which I might return to in coming days.

You can download a full list of Brisbane City candidates here.

Prime Minister Anthony Albanese indicated in January 2022 – four months before the federal election – that his government would run a lower immigration policy if elected: “His “train locals first” push comes a month after the Labor leader refused to back the government’s plan to bring permanent migration back to 160,000 a year”, The

The post Albo and Trudeau the duet of leftist liars appeared first on MacroBusiness.

It just gets worse at Australia’s newspaper-turned-fantasy fruit cake recipe. Unsatisfied with the gaslighting of dying homeless people, The Guardian of Nothing’s intellectual frauds have scoured the earth to find a style of living that agrees with its perverse aesthetic: Meet Konstanze Winter in Delft, a canal-encircled city in the Netherlands best known for its

We have noted repeatedly how Australia’s unemployment rate will likely shoot up this year as employer demand for workers slows and labour supply grows briskly via strong net overseas migration. This puts MB at odds with the Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy (SoMP), which forecast that Australia’s unemployment rate would

The post More bad omens for Australian jobs appeared first on MacroBusiness.

Some very dovish Fedspeak and revisions to the latest US PPI print gave equity markets a small lift overnight, following a slump from the stronger than expected CPI print.  Wall Street rebounded and futures for Asian share markets look more optimistic as a result although the USD remains fairly strong against most of the majors

The post Macro Morning appeared first on MacroBusiness.

Sometimes, being stupid can be an advantage, in the short term: Australia is lagging international peers on the adoption of artificial intelligence and other advanced technologies, according to the Productivity Commission. We are “pretty much toward the bottom of the pack of OECD nations,” Danielle Wood, chair of the commission, said at the AFR Workforce