Danish giant behind huge Australian renewables pipeline rakes in more than $A20 billion in new funds
French Member of the European Parliament Raphael Glucksmann has urged the United States to return the Statue of Liberty, claiming that recent policy shifts under President Donald Trump contradict the fundamental values the monument represents.
The Australian economy narrowly exited a per capita recession in Q4 2024 after recording 0.1% growth. This followed 21 months of consecutive declines in per capita GDP. In a speech to be delivered in Queensland on Tuesday, Treasurer Jim Chalmers will reportedly reveal that Cyclone Alfred’s immediate impact on GDP is estimated to be $1.2
Australian universities long since stopped serving the public interest. They are now little more than visa factories for the disastrous immigration-led economic model and funnels of Chinese and other autocratic influence. Governments have been captured by the universities by becoming retirement homes with large sinecures for failed politicians. If we can’t cleanse the system ourselves
Sense never lasts long in the iron ore market. The market is still trading the long gone Pilbara cyclones. With China stocks down. Even though production is well and truly recovered. Apparent demand is a little better that 2024 for flat. And a little worse for long. Ahead are cuts, cuts, cuts! But the market
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According to Yuri Shvets, who was posted to Washington by the USSR in the 1980s, Donald Trump was cultivated as a Russian asset over 40 years and proved so willing to parrot anti-western propaganda that there were celebrations in Moscow. Shvets was a key source for American Kompromat, a book by journalist Craig Unger. Shvets, a KGB major at the time, had a cover job as a correspondent in Washington for the Russian news agency Tass. He moved to the US permanently in 1993 and gained American citizenship.
Deloitte Access Economics released its Budget Monitor, which estimates an underlying cash deficit of $26.1 billion in 2024-25, $0.8 billion above the expected outcome in the 2024-25 Mid-Year Economic and Fiscal Outlook (MYEFO). Larger underlying cash deficits are also forecast over the following three years. Net debt is also expected to increase to 19.6% of
Cheap energy is the life blood of any modern economy. Take it away and everything suffers. The Australian. Australian businesses have suffered the sharpest annual fall in gross operating margins in a quarter of a century due to inflation-driven costs, including a “staggering” 51 per cent spike in gas prices, putting at risk Jim Chalmers’