Evergrande liquidation will shock iron ore. Which is why it is not going to happen: China Evergrande Group received a liquidation order from a Hong Kong court, setting off a daunting process to carve up the biggest casualty of a property crisis that’s upending the world’s second-largest economy. The ruling on Monday from Hong Kong
Perhaps “Australia” is not dead yet: WATCH: Anthony Albanese booed by the Australian Open crowd in Melbourne | #6NewsAU pic.twitter.com/S65vlShI0G — 6 News Australia (@6NewsAU) January 28, 2024 Few are more deserving of opprobrium than fake left Albo. The most recent Roy Morgan survey on Federal vote intention shows that the Labour Party’s support dropped
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Biden's Secretary SNAPS At Mike Johnson, Instantly Regrets It
https://www.youtube.com/watch?v=brMIlnYFVLM
2023 was one of the worst years in history for Australian tenants, with advertised rents soaring well above the growth in wages: This came on the back of the national rental vacancy rate collapsing to a record low: New data from PropTrack suggests that 2024 will be another shocker, with new rental listings reaching a
Albo’s recent promise breaker tax cut changes have triggered an iMSM debate about the prospects of Labor backflipping next on negative gearing. There are four reasons why Albo’s dills will not revisit the third rail of Australian politics changes for a generation. First, Labor lost the 2019 election based on excellent proposed reforms. Second, the
The recrudescence of Donald J Trump It was a perfect verdict, a beautiful verdict. Probably the most beautiful verdict the world has ever seen. A jury has awarded Trump rape victim E. Jean Carroll $US83.3 million in damages all while Perp#1 sweats on the outcome of an in-progress New York civil fraud trial that is…
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Asian share markets are generally positive, absorbing the macro events over the weekend with the USD remaining firm against the major currency pairs following last week’s very positive US domestic economic data. Wall Street will be looking for more positive momentum on the open while local stocks are still climbing as the Australian dollar remains
The post Macro Afternoon appeared first on MacroBusiness.
Israel has for years been determined to cut aid to the refugees both in Gaza and the West Bank.
Australia’s role in further collective punishment on Gazans By Helen McCue
Justin Fabo at Antipodean Macro has written a great analysis of New Zealand’s economy and inflation, which could see the Reserve Bank backflip on interest rates after hawkish commentary in its last Monetary Policy Committee (MPC) meeting in late November. According to Fabo, “inflation is falling faster than the RBNZ expected and downwardly-revised GDP data
The latest monthly arrivals and departures data from the Australian Bureau of Statistics (ABS) suggests that Australia’s net overseas migration (NOM) has passed its peak; although we won’t know officially until the quarterly data drops over coming months. As shown in the next chart from CBA, monthly net arrivals are finally falling from record highs:
I rarely visit the ABC these days. This is ridiculous, given it is my job to visit news sites. It has nothing worth reporting on, so there is no point. Instead, it is overrun with tripe: The ABC has tasked one of its senior journalists with investigating how to create “culturally safe newsrooms” as the
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