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
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.
In the fast-evolving Communist self-censorship public forum of Australia, a man has broken ranks with the enforced media consensus. His name is Salvatore Babones, an American sociologist based at the University of Sydney. If being an American was not enough to invoke cancellation Article One, his arguments certainly are. Buried deep in an ashamed AFR is
Last week, we witnessed the seemingly extraordinary when the East Coast gas export cartel suddenly turned on itself, demanding the domestic reservation of Aussie gas. But was this really what it appeared to be? Or was it just more of the same corruption that has robbed Australians blind for over a decade? I will let
The post Santos needs to bribe the Grattan Institute appeared first on MacroBusiness.
I have some good news and bad news for you, if you’re an Aussie. First, the good news. Your biggest export, iron ore, is managing to hold up despite a crash in Chinese property of cosmic proportions. The bad news? It is killing the planet at record speed. You’ve probably read lots of headlines about
The post Iron ore boom relies on death of the planet appeared first on MacroBusiness.
We now have a quiet period following the federal election and the Tasmanian election, and I’m using it as an opportunity to complete my election guides for the elections next in the queue.
The South Australian election guide has already been published for some time, but today I’ve published my Victorian election guide.
The Victorian election will be held in November 2026, so that is 15 months from now.