Andrew Boak of Goldman Sachs should be RBA governor. Although he is not a liar, so that rules him out. On unemployment. The upside surprise in employment and participation suggests the unusual post-pandemic increase in workers changing jobs or taking extended leave over the summer holiday period is normalizing back to pre-pandemic trends earlier than
French President Emmanuel Macron will travel to the United States next week to discuss the war in Ukraine, Le Figaro reports.
Melbourne’s office market has the highest vacancy rate in the nation. According to JLL Research, Melbourne’s CBD office vacancy rate increased to almost 20% in Q3 2024, well above the other capital cities, which recorded falling vacancy rates. Separate data from the Property Council of Australia (PCA) showed that Melbourne’s office vacancy rate was 18%
The Ukraine War should never have happened. Russia should have been courted by the West instead with economic access and security guarantees. When it did happen, it drove Russia into the arms of China, forming a titanic “no limits” autocratic Asia supercontinent, intensifying Cold War 2.0. Undoing this in some measure is no bad thing
Overnight saw another stumble on Wall Street as large industrial stocks warned of recessionary fears with European shares also failing to get back on trend as the Ukrainian situation sours in Russia’s favour. A reversal in fortune for USD as all the undollars led by Yen made big gains overnight with the Australian dollar leaping
The post Macro Morning appeared first on MacroBusiness.
They are queuing up now, and why not? The Bullock RBA is schmozzle. Poor communications. Terrible forecasting. Empty intellectual integrity. Rules on the run. Here is Luci Ellis at Westpac taking her pound of flesh. As was widely expected, the RBA cut the cash rate this week by 25bps to 4.1%. Inflation has declined faster
The post Another major bank condemns RBA dills appeared first on MacroBusiness.
DXY is breaking down as Tariff Man turns into Deal Man. AUD to the moon! Still room to close the jaws. And now for another one-month commodity bubble. Big miners past the worst. LMAO! EM loving DXY. Junk fizzer. Yields eased. Stocks struggling ATH. This is the kind of squeezy action we need to puke
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Ben is joined by Martin Drum from the University of Notre Dame to discuss the new electoral system for the Western Australian Legislative Council and to look back at the last four years of WA state politics in the lead up to next month’s state election.
THE STORY OF SCOTT RITTER’S DAUGHTER AT GEORGETOWN UNIVERSITY WHERE SOME OF THE FUTURE LEADERS, OFFICERS AND PUBLIC SERVANTS ARE TRAINED IN FULL-BLOWN RUSSOPHOBIA IS FRIGHTENING.
I KNEW OF THE CONNECTION BETWEEN THE CIA AND THE HIGHER EDUCATION SYSTEM IN AMERICA…
Four U.N. special rapporteurs have written jointly to the U.K. government demanding explanation of its inappropriate persecution of journalists and political activists under the Terrorism Act.
Lately I have been asked to try and make sense of Donald Trump and the first three weeks of his presidency.
And, more specifically, to comment on the drama that unfolded in Munich these past few days.
Trump’s assaults on governance could trigger systemic collapse. Here’s how it might happen, and how we can prepare.
By George Monbiot, published in the Guardian 18th February 2025
On Thursday, I reported how the Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy (SoMP) suggested that real per capita household disposable income may not recover back to its Q2 2022 peak until the early 2030s. The situation is even worse for real wages. The following chart shows actual real wage growth as