Nearly a decade ago, in 2016, then Australian Competition and Consumer Commission (ACCC) Chairman, Rod Sims, delivered a speech on the growing concentration of Australian industry. New research undertaken by Reserve Bank of Australia (RBA) economists has concluded that increased market concentration in some sectors of the economy has weighed on productivity. The RBA economists found
Following his meeting with Ukraine’s Zelensky, US President Donald Trump declared that there are decent odds of finally ending the Ukrainian conflict.
He added that:
Russian President Vladimir Putin and Ukraine’s Zelensky want to resolve the Ukrainian conflict
European leaders also want peace in the region
If it weren’t so serious, it would be laughable. A code of conduct for a writers’ festival?
Yet that was the requirement asked of authors if they wanted, after having been invited, to take part in one section of the Bendigo Writers Festival. Understandably, many refused and did not attend.
Earlier this year, Matt Bell of The Australian wrote an article based on the Hays 2025 Skills Report, saying that Australia was experiencing a skills crisis, with businesses struggling to recruit staff with the necessary abilities. Similar views have been expressed throughout the lead-up to the federal government’s productivity summit, even though Jobs and Skills
Just over a year ago, I wrote a piece about the 2012 discovery of a group of early hominins, the Denisovans, from a cave in Siberia. All that was initially found was a finger bone, from which was extracted some DNA, which showed the owner as not belonging to the Neanderthals. This finger bone belonged to the first group of archaic humans to be revealed solely by their DNA and associated proteins, rather than the morphology of their fossilised bones. Subsequently another sample of Denisovan DNA was extracted from another specimen from the same cave1.
Ukrainian leader Vladimir Zelensky could bring the fighting with Russia to a halt “immediately” by agreeing to a settlement that rules out NATO membership and entails territorial concessions, US President Donald Trump has said.
According to a 2022 survey conducted by the Carnegie Endowment for International Peace, Indian migrants much prefer Labor to the Coalition. The survey suggested that in the 2022 federal election, Indian migrants voted 58:34 for Labor over the Coalition. Chinese-Australians also appear to prefer Labor. The Tally Room discovered that in the 2022 federal election,
CovertAction Magazine co-founder Philip Agee was one of the best known whistleblowers of the 1970s, writing a tell-all book exposing CIA crimes and the influence of multi-national corporations in driving illegal covert operations.
The Market Ear with more. The bull is on ketamine Here are the craziest charts from the week that truly make us believe that bull is on serious drugs. OH MAN! (MSFT + AAPL + NVDA) Nvidia, Microsoft, and Apple now make up over 21% of the S&P 500, the highest weighting for any three
The post AI bubble reaches critical mass appeared first on MacroBusiness.
Amidst the ongoing debate over the right level of migration into Australia, there have been attempts to dismiss the impact of high migration on housing, with one notable example coming from SBS, which provided readers with a guide on how to counter arguments from Australians concerned about the issue. An absolutely defining part of the