After years of failure, the RBA has given up entirely on forecasting and is driving through the rearview mirror. Goldman. In her post-meeting press conference Governor Bullock stressed that the decision to pause the easing cycle was “about timing rather than direction” with the RBA just “looking for further confirmation we are on the forecast
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You need a quota to win a seat in a Tasmanian House of Assembly election. But in practice no-one polls exactly a quota. In reality, the final seats are decided by partial quotas and the distribution of preferences.
Yet these patterns are not random – parties that poll over a certain vote share are much more likely to win a certain number of seats, and parties that poll below a certain vote share have little chance of winning that last seat. Given a certain vote share, some parties are more likely to win a seat on that vote than others, and those trends have shifted over time.
Overnight saw Wall Street was uneasy with a lack of confidence and direction as trade “negotiations” continued via threats from the Oval Office, including an early morning barb against Australian exports which will likely see pharmaceutical stocks here locally suffer on the open. Remember to keep all eyes on the US Treasury market with 10
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European Commission President Ursula von der Leyen has dismissed efforts by members of the European Parliament to oust her, branding her critics “conspiracy theorists” and accusing them of acting on behalf of Russian President Vladimir Putin.
Von der Leyen blames Russia for no-confidence motionThe EU chief has labeled her critics “conspiracy theorists”
Iran-Russia Defense Pact Rejection:
Iran previously declined a formal defense pact with Russia for religious and strategic reasons—they didn’t want to be obligated to support a war they didn’t endorse.
Instead, the January 17 agreement allows for loose military cooperation, including potential Russian air defense support for Iran.
French President Emmanuel Macron began a three-day state visit to Britain on Tuesday, which will see him address parliament and try to rekindle a purportedly warm relationship with King Charles III.
Under President Erdogan, Türkiye has moved away from its earlier identity as a secular, peaceful Cold War ally. Instead, it is now trying to become a strong regional power by following a foreign policy influenced by Islamic values. This question looks at how a country’s image and role are changing in today’s world.
The Hindu Op-ed: Erdogan’s neo-Ottoman foreign policy
The big surprise in the newsflow is not the Epstein list no longer exists its that the RBA actually held interest rates steady in today’s meeting, launching the Australian dollar higher. The RBA is highlighting the uncertainty of the Trump regime’s tariff tirade as one reason but also domestic concerns play a big point. The
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Jesus, what a pack of nupties. Maintaining price stability and full employment is the priority. The Board continues to judge that the risks to inflation have become more balanced and the labour market remains strong. Nevertheless it remains cautious about the outlook, particularly given the heightened level of uncertainty about both aggregate demand and supply.
Cynical operators seek to divide rural and urban people. But what we want is fundamentally the same.
By George Monbiot, published in the Guardian 28th June 2025