MacroBusiness
Thursday, February 15, 2024 - 11:32
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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 |
Cheeseburger Gothic
Thursday, February 15, 2024 - 11:05
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I get a lot of pleasure from sending out free stuff, but occasionally, I like to put another layer of gold plating on the ol’ hovercraft, so I release an actual book. Today is one of those days. |
The Tally Room
Thursday, February 15, 2024 - 11:00
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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. |
MacroBusiness
Thursday, February 15, 2024 - 11:00
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The Department of Home Affairs has released temporary visa data for the December quarter of 2023, which shows that net overseas migration remained turbo-charged. The charts below summarise the data and compare visa numbers as of 31 December of each respective year. First, there were 2,763,000 temporary visas on issue as at 31 December 2023, |
Renew Economy
Thursday, February 15, 2024 - 10:59
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Renew Economy
Thursday, February 15, 2024 - 10:49
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MacroBusiness
Thursday, February 15, 2024 - 10:30
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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. |
Your Democracy
Thursday, February 15, 2024 - 10:03
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MacroBusiness
Thursday, February 15, 2024 - 10:00
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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 |
Cheeseburger Gothic
Thursday, February 15, 2024 - 09:43
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MacroBusiness
Thursday, February 15, 2024 - 09:30
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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. |
Your Democracy
Thursday, February 15, 2024 - 09:24
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https://www.youtube.com/watch?v=3cyWBxCTqq0
The mother of all massacres
Water, water everywhere but not a clean drop to drink. Killing Gaza, bombing tents. And Britain’s acquiescent Labour Party, outsourced to Israel
FREE JULIAN ASSANGE NOW................
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MacroBusiness
Thursday, February 15, 2024 - 09:00
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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. |
Your Democracy
Thursday, February 15, 2024 - 08:58
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Russian President Vladimir Putin admitted on Wednesday that X host Tucker Carlson caught him by surprise during their interview last week. The final interview was two hours long and has been seen by hundreds of millions of people. Before it, Carlson was criticized for speaking to Putin at all – and afterwards, for not asking the Russian president certain things. |
MacroBusiness
Thursday, February 15, 2024 - 08:30
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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 |
MacroBusiness
Thursday, February 15, 2024 - 08:00
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A great note from TS Lombard that gets it. Time will tell if last week marked a local bottom in Chinese stocks, but the great unwind in China’s FDI and portfolio flows is just starting. The raft of measures put in place by Beijing to stem the market rout, including reports that Xi Jinping has The post All aboard the Chinese Titanic appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 15, 2024 - 07:30
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The Market Ear kicks us off. The Jaws Nothing new really, but the gap between equities and rates has grown very wide in 2024, especially over the past 2 weeks.These days the market is all about the Mag7, but what happens should the rates narrative revive as a driver of equities? Refinitiv Fed funds – The post Stocks fade the inflation spike appeared first on MacroBusiness. |
Your Democracy
Thursday, February 15, 2024 - 06:18
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Is it a typo? Australia’s monopoly of tollroad monopolies, Transurban, has broken hard with hallowed tradition and actually paid tax. A little bit, at least that’s what its interim profit release to the ASX shows. Given payouts to shareholders were up 13%, free cash up almost 19%; and given the thwacking $2b in toll revenue just for the half year alone, the tax payable of $21m was a drop in the ocean. But what’s the scam here? Transurban usually pays nothing. |
MacroBusiness
Thursday, February 15, 2024 - 00:10
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In the US, gas is now $2.50Gj. Asian net-back LNG shipped from Australia is $10.30Gj (and I’m only including the cost of shipping not freezing). European net-back shipped from Australia is $8.50Gj. (and I’m only including the cost of shipping not freezing). Yet, Australian gas prices are still $12Gj despite coming out of the ground The post Aussie gas the most expensive in the world AGAIN appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 15, 2024 - 00:05
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Australia has some of the world’s weakest anti-money laundering rules, making Australian homes a honeypot for laundering dirty money. In December, Treasurer Jim Chalmer announced that the federal government will triple the vacancy tax for properties held by overseas investors and triple the foreign investment fee for purchasing established residences. The changes are expected to |
Cheeseburger Gothic
Wednesday, February 14, 2024 - 19:02
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No idea if this will work, but here is the link for the Bookclub. Doors open at 6.30 Brisbane Time. I will have a drink. If nobody turns up, I will drink alone. https://us02web.zoom.us/j/87165401381?pwd=WXZpMzBLRm95WUxaRlVRclU3S2Yvdz09 The meeting ID is 871 6540 1381 The passcode is 180814 |
MacroBusiness
Wednesday, February 14, 2024 - 16:30
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Asian share markets are seeing awide slump in reaction to the overnight selloff on Wall Street in reaction to the surprise upside to US inflation. The vacuum of closed Chinese markets for the Chinese New Year break is not helping with the USD higher against everything while bond markets more importantly also continue their selloff. The post Macro Afternoon appeared first on MacroBusiness. |
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).… |