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MacroBusiness Friday, November 29, 2024 - 10:30 Source

The energy superidiot had better brace. “That’s the near-term dynamic, given this vulnerability of Europe, the lack of spare capacity, the loss of the residual Russian volumes currently going through Ukraine, and I should say, a colder than average start of the winter,” said Samantha Dart, co-head of global commodities research at Goldman Sachs. There

The post Energy superidiot to crash house prices appeared first on MacroBusiness.

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Your Democracy Friday, November 29, 2024 - 10:08 Source

Despite draconian anti-protest laws, the world’s biggest coal port was closed for four hours, 170 protestors were charged and climate demonstrations will continue. Wendy Bacon reports.

Newcastle port, the world’s biggest coal port, was closed for four hours on Sunday when hundreds of Rising Tide protesters in kayaks refused to leave its shipping channel. 

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MacroBusiness Friday, November 29, 2024 - 10:00 Source

Michele Bullhawk appears to be a worker-hating psycho. All central banks care about inflation and the potential impact of their policies on the economy and the labour market. But there have been some important differences reflecting the different weights that central banks place on the two objectives. In Australia, interest rates did not reach the

The post Psycho RBA turns worker mass murderer appeared first on MacroBusiness.

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Renew Economy Friday, November 29, 2024 - 09:58 Source
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The Australian Independent Media Network Friday, November 29, 2024 - 09:49 Source

By Andrew Klein Dear World (from the Glorious Cat Leader), As a cat, I find your antics a little disturbing. Some of you might know that us cats have been your companions for a long time. We have watched you, you have watched us. You tell little cute stories about us when you feel like…

The post What cats think of us appeared first on The AIM Network.

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Renew Economy Friday, November 29, 2024 - 09:35 Source
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MacroBusiness Friday, November 29, 2024 - 09:30 Source

Last month, CoreLogic identified 65 markets in Sydney and Melbourne where values were lower than their 2010s record highs. Despite the lower prices and improved affordability, buyers remain hesitant, which CoreLogic attributed to “the wrong kind of supply”. CoreLogic said these underperforming markets tended to be “tied to an over-supply of investment-grade units built in the 2010s”.

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MacroBusiness Friday, November 29, 2024 - 09:00 Source

With Wall Street closed for an uncomfortable Thanksgiving it was all eyes on European shares to provide risk markets with a lead and while they bounced back after three days of downturns, it was modest at best as macro concerns about oil, war and the upcoming trade war continue to weigh. USD remains somewhat weak

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Friday, November 29, 2024 - 07:19 Source

Russia Prepares to Respond to the Armageddon Wanted by the Biden Administration

Russia has deployed thousands of North Korean* soldiers to defend its Kursk region, attacked in August by Ukrainian integral nationalists.

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Renew Economy Friday, November 29, 2024 - 06:57 Source
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Your Democracy Friday, November 29, 2024 - 06:56 Source

Japan recognized Ukraine as an independent state on December 28, 1991. Diplomatic relations between the two countries were established on January 26, 1992. Ukraine-Japan relations have developed slowly. Later, political dialogues expanded, and deepening bilateral cooperation began with frequent high-level visits.Supporting Ukraine and pressuring Russia to deter China from aggressive actions in the Pacific

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Renew Economy Friday, November 29, 2024 - 06:54 Source
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Renew Economy Friday, November 29, 2024 - 06:43 Source
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Your Democracy Friday, November 29, 2024 - 05:45 Source

 

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The Australian Independent Media Network Friday, November 29, 2024 - 01:09 Source

The position of a state broadcaster, one funded directly by taxpayers from a particular country, places it in a delicate position. The risk of alignment with the views of the day, as dictated by one class over another; the danger that one political position will somehow find more air than another, is ever present. The…

The post The ABC’s Colonel Blimp appeared first on The AIM Network.

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MacroBusiness Friday, November 29, 2024 - 00:20 Source

The LNP should make up some debt trucks and print the following chart on the side for the looming election. If there is a more damning picture of Jim “chicken” Chalmers’s economic mismanagement, then I have not seen it. Real household disposable income per capita is the gold standard measure of living standards. Look at

The post Jim Chalmers’ great depression appeared first on MacroBusiness.

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MacroBusiness Friday, November 29, 2024 - 00:10 Source

Australia’s governments seek to ‘solve’ the housing crisis by forcing residents into high-rise apartments. However, high-rise apartment approvals have collapsed, as shown in the chart below: Since their 2015 peak, high-rise apartment approvals have dropped by 63% across the country, with New South Wales (-74%), Victoria (-68%), and Queensland (-60%) leading the way. Sydney developer

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The Australian Independent Media Network Thursday, November 28, 2024 - 22:08 Source

Oxfam Australia Media Release Oxfam Australia has welcomed today’s passing of world-leading legislation on Public Country by Country Reporting of multi-national corporate tax and profit information as a significant step forward for tax transparency. This legislation will enable policy makers, civil society, journalists and academics to gain transparency over how multinational corporations are shifting profits…

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The Australian Independent Media Network Thursday, November 28, 2024 - 22:02 Source

By Denis Hay Description Explore human aggression and its distinction from animal behaviour. Learn how societal and evolutionary factors shape violence in humanity. Introduction Aggression is a behaviour seen across the animal kingdom, driven by survival needs such as securing territory, protecting offspring, and competing for mates. In contrast, human violence is far more complex,…

The post Why Human Aggression Stands Apart: Insights from Nature appeared first on The AIM Network.

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The Australian Independent Media Network Thursday, November 28, 2024 - 21:58 Source

MEDIA RELEASE: QLD Truth-telling and Healing Inquiry The expected repeal of Queensland’s Truth-telling and Healing Inquiry – a process that was decades in the making – will create deep hurt and wind back healing for Stolen Generations survivors, families and communities, a national body supporting survivors said today. “The decision to rush through this bill,…

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The Australian Independent Media Network Thursday, November 28, 2024 - 21:52 Source

By Andrew Klein In Melbourne, Victoria, we have a large market. It is called the Victoria Market, centrally located and open on most days. It offers food, clothing and the usual variety of things found at such venues. It also has an interesting history in its own right, and for many homeless people it provides…

The post The taxi and the prayer carpet appeared first on The AIM Network.

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The Australian Independent Media Network Thursday, November 28, 2024 - 20:20 Source

Media Release: The Climate Council A VERY HOT SUMMER ahead will test the limits of our ageing and unreliable coal-fired power stations. Climate Council CEO Amanda McKenzie said: “The Bureau of Meteorology is predicting a very hot summer ahead, which will put enormous pressure on Australia’s ageing coal-fired power stations. You wouldn’t expect a 40-year-old…

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Your Democracy Thursday, November 28, 2024 - 17:32 Source

IN THE LIGHT OF THE VIEW'S MAD WOMEN DEMANDING THAT JOE BIDEN PARDONS HIS SON FOR HIS DRUG ADDICTION AND/OR WHATEVER, ONE NEEDS TO EXPOSE JOE'S HARD WAR ON DRUGS SINCE 1986

https://www.youtube.com/watch?v=LOK85rgHVOY

The View ERUPTS Over Call for Biden to Pardon His Son

 

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Renew Economy Thursday, November 28, 2024 - 17:09 Source
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MacroBusiness Thursday, November 28, 2024 - 17:00 Source

Asian stock markets are being generally positive today given all the macro concerns over tariffs and the lack of a lead from Wall Street as they have their awkward in more ways than one Thanksgiving mid week holiday. Chinese stocks are failing to continue their rebound while the USD continues to weaken although Yen finally

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, November 28, 2024 - 16:30 Source
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Renew Economy Thursday, November 28, 2024 - 15:26 Source
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Renew Economy Thursday, November 28, 2024 - 14:24 Source

 Stanwell Corporation).

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MacroBusiness Thursday, November 28, 2024 - 14:01 Source

Belinda Allen, Senior Economist at CBA, dissects today’s Capex release from the ABS. Key Points: The total volume of capex rose by 1.1% in Q3 24. Mining investment fell by 1.9%, while non-mining investment rose by 2.3% in the September quarter. The 4th estimate of nominal capex plans for 2024 was $A178.2bn, a downgrade compared

The post Capex lifts in Q3, but outlook softens appeared first on MacroBusiness.

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MacroBusiness Thursday, November 28, 2024 - 13:30 Source

The federal government’s changes to the Migration Act are set to be passed by parliament after the Coalition agreed to support the reforms. The three bills will allow the government to pay third countries to accept unlawful non-citizens, impose criminal penalties on non-citizens who refuse to cooperate with their own deportation, and allow people being

The post Labor/Coalition pretend to tighten immigration appeared first on MacroBusiness.

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