The Australian Independent Media Network
Wednesday, February 14, 2024 - 16:06
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The L/NP tree-house club, like many RWNJ organisations, is defined by what it’s against rather than what it’s for – where conservatism is a constant battle for preservation of the status quo; where anti is easy, and initiative is hard. It’s where bias beats brains. The only constant is change yet these trogs forever fight… The post Thug’s army appeared first on The AIM Network. |
Renew Economy
Wednesday, February 14, 2024 - 15:44
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The Australian Independent Media Network
Wednesday, February 14, 2024 - 15:24
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By guest columnist and longtime Assange supporter, Tess Lawrence Interpol’s Red Notice warrant issued for Julian Assange was bloated with corruption. One of its presidents was the notorious Jackie Selebi, former Ambassador to the United Nations for South Africa. He reigned over Interpol for the usual four years, from 2004 to 2008. Three years later… The post The ballad of Julian Assange in Belmarsh Gaol starts with corrupt Interpol Red Notice appeared first on The AIM Network. |
Renew Economy
Wednesday, February 14, 2024 - 15:14
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Renew Economy
Wednesday, February 14, 2024 - 15:13
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The Australian Independent Media Network
Wednesday, February 14, 2024 - 13:39
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National Tertiary Education Union Media Release The National Tertiary Education Union (NTEU) has urged the Albanese Government to act on damning findings of a new study highlighting a workplace health crisis for university staff. A four-year survey involving more than 6200 responses from Australian university staff has found unacceptable levels of stress, burnout, pressure and… The post Government must act on uni staff workplace health nightmare: union appeared first on The AIM Network. |
MacroBusiness
Wednesday, February 14, 2024 - 13:30
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Late last month, the weaker-than-expected Q4 CPI inflation print flamed expectations that the Reserve Bank of New Zealand may soon cut the official cash rate (OCR). Headline CPI inflation fell quicker than the Reserve Bank’s projections in Q4: Core Inflation also fell swiftly: . While the breadth of inflation plummeted: The New Zealand economy The post Reserve Bank won’t cut rates in 2024 appeared first on MacroBusiness. |
The Australian Independent Media Network
Wednesday, February 14, 2024 - 13:20
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The Paediatric Palliative Care National Action Plan Project has achieved another first in Australia’s care and support of children, young people, and their loved ones living with life-limiting illness. “For the first time we have data on the delivery of specialist paediatric palliative care in Australia,” say Professor Meera Agar, Chair, Palliative Care Australia (PCA).… |
MacroBusiness
Wednesday, February 14, 2024 - 13:00
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Below is an extract of an interview with Sharri Markson (Sky News) and Warren Hogan (Judo Bank) discussing Victoria’s widespread power outage, which left some 500,000 homes without power on Tuesday evening after a fierce storm rolled through Victoria. I argue that East Coast Australia has shot itself in the foot by creating an artificial The post Australia’s “deplorable” energy policy appeared first on MacroBusiness. |
MacroBusiness
Wednesday, February 14, 2024 - 12:30
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SQM Research has released rental vacancy rate data for January, which declined a sharp 0.2% over the month but was 0.1% higher than a year earlier: Meanwhile, capital city asking rents increased by 1.4% in the 30 days leading up to 14 February 14 2024, bringing the 12-month increase to 13.1%. National rents rose across The post SQM Research: “no end in sight to the rental crisis” appeared first on MacroBusiness. |
The Australian Independent Media Network
Wednesday, February 14, 2024 - 12:21
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Legal challenges regarding the Israel-Gaza War are starting to bulk lawyers’ briefs and courtroom proceedings. South Africa got matters underway with its December application before the International Court of Justice accusing Israel of genocide in its campaign against the Palestinians. While determining whether genocide has taken place, the ICJ issued an interim order warning Israel… The post When Courts Intervene: Halting the Transfer of F-35 Parts to Israel appeared first on The AIM Network. |
MacroBusiness
Wednesday, February 14, 2024 - 12:00
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The latest Seek jobs survey showed that the number of applicants per job ad surged in 2023, well beyond the pre-pandemic level: The latest Statement of Monetary Policy (SoMP) from the Reserve Bank of Australia (RBA) forecasts that Australia’s unemployment rate will rise to 4.3% by the end of 2024, which is just 0.4% above The post Seek warns Australia has gone over economic cliff appeared first on MacroBusiness. |
Renew Economy
Wednesday, February 14, 2024 - 11:55
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Renew Economy
Wednesday, February 14, 2024 - 11:53
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MacroBusiness
Wednesday, February 14, 2024 - 11:40
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The Market Ear with more good news. VIX mania VIX is putting in the biggest up candle in “forever”. Refinitiv VIX panic kicking in VIX has not closed here since the melt up started in late October 2023. You do not compare volatility to trending assets over time, but the shorter term chart shows a The post More on the stocks panic appeared first on MacroBusiness. |
MacroBusiness
Wednesday, February 14, 2024 - 11:20
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Last decade saw the largest surge in high-rise apartment construction in Australia’s history, concentrated in the country’s major metropolitan cities. This unprecedented increase in high-rise apartment complexes has been accompanied by a spike in construction defects and quality issues, including cracked foundations, water leaks, balcony defects, and flammable cladding. Notable examples include Sydney’s Opal and |
Renew Economy
Wednesday, February 14, 2024 - 11:15
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MacroBusiness
Wednesday, February 14, 2024 - 11:00
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The Australian Bureau of Statistics (ABS) released data showing that Victoria recorded a net decrease of 7,606 businesses during the 2022-23 financial year. The rising cost of doing business in Victoria prompted many firms to relocate interstate or overseas, with rising state taxes being one of the key reasons cited. By contrast, Queensland experienced the The post Businesses flee draconian Victoria appeared first on MacroBusiness. |
xkcd.com
Wednesday, February 14, 2024 - 11:00
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MacroBusiness
Wednesday, February 14, 2024 - 10:30
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Westpac with monthly consumer sentiment. While sentiment is still firmly pessimistic there finally looks to be some light at the end of the tunnel for Australian consumers. Moderating inflation and shifting expectations for interest rates appear to be the main factors behind the lift, with some additional support coming from the prospect of broader income The post Aussie consumer and business sentiment still dire appeared first on MacroBusiness. |
MacroBusiness
Wednesday, February 14, 2024 - 10:00
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The NSW Productivity Commission blames high housing costs for driving younger residents out of Sydney, resulting in a “brain drain” of 30 to 40 year olds. The NSW Productivity Commission has blames a “lack of supply” and restrictive zoning as the drivers of Sydney’s housing crisis, which is forcing residents out. From the ABC: “Sydney The post Immigration drives Millennial families out of Sydney appeared first on MacroBusiness. |
MacroBusiness
Wednesday, February 14, 2024 - 09:30
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Energy is everything in the modern economy. It is everything in modernity itself. Keeping the lights on at night kills the ghouls that gave rise to voodoo value systems since the species was born. How any self-respecting modern country can allow its energy supply to be at risk is beyond my understanding. It is an The post Australian energy markets fall apart appeared first on MacroBusiness. |
Your Democracy
Wednesday, February 14, 2024 - 09:11
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Am I in the middle of a bad dream In which the President of the US is a complete has-been A round arsehole who never was honest — always hustling Deceitful like a devil trying his luck as a human being A declining demented old crazy lunatic psychotic loony With a memory so bad it’s got him out of responsibility But dares to still run the shitty most deceitful entity Namely the United States of moronic America |
MacroBusiness
Wednesday, February 14, 2024 - 09:00
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The US core inflation print surprised to the upside overnight, sending a shock wave through Wall Street and other risk markets with bond yields spiking and the USD soaring higher. Equity futures for Asian share markets look shaky with the Australian dollar breaking down below the 65 cent level and looking very weak. 10 year The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Wednesday, February 14, 2024 - 08:39
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MacroBusiness
Wednesday, February 14, 2024 - 08:30
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Janet Albrechstsen usually writes LNP partisan garbage, and judging by today, she should stick to it: Nemesis went some way to explaining why. One was Morrison’s problem with women. Normally I’d give a wide berth to ABC types claiming that Liberal men have women problems. It’s usually biased bunkum. But Morrison was dreadful on this The post Scott Morrison is Australia’s greatest post-war PM appeared first on MacroBusiness. |
MacroBusiness
Wednesday, February 14, 2024 - 07:57
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The Market Ear on the breaking bubble. SPX – trying the steep line SPX is hitting the steep trend line that has been in place since October lows. 4960 is the short term make or break level. Next stop below that is the 21 day moving average at 4925 ish. Refinitiv Falling out? NASDAQ is The post And the bubble goes “pop” appeared first on MacroBusiness. |
Renew Economy
Wednesday, February 14, 2024 - 07:30
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MacroBusiness
Wednesday, February 14, 2024 - 07:00
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I have had with this. We have major newspapers in Australia that will no longer mention the word immigration. If a potential expert for an interview is prepared to use the word, they are also cancelled. The mere use of the word “immigration” is now a thought crime. No slant, bias, opinion or reference is The post Shut up and cut immigration! appeared first on MacroBusiness. |
MacroBusiness
Wednesday, February 14, 2024 - 07:00
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DXY launched last night: AUD copped the blast: North Asia too: Oil held on, gold gave way: Dirt is in free fall: Miners were whacked: EM too: Treasuries were flogged: And stocks thumped: Goldman with the culprit: January core CPI rose 0.39%, 9bp above consensus expectations and compared to +0.28% in December. The year-on-year rate The post Australian dollar scorched by hot US inflation appeared first on MacroBusiness. |