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Cheeseburger Gothic Wednesday, October 23, 2024 - 14:19 Source

I removed the old towel I’d folded and laid out on my desk for the cat/s to sleep on while I’m in the office. It needed to go in the laundry.

This, of course, was the worst thing any human had ever done since we were domesticated many thousands of years ago.

I was glared at continually for twenty minutes.

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MacroBusiness Wednesday, October 23, 2024 - 14:00 Source

The International Monetary Fund’s (IMF) latest World Economic Outlook report forecasts that Australia and Slovakia will be the only two advanced economies with headline inflation above 3% by the end of 2025. The IMF expects Australia’s inflation rate to rise to 3.6% by December 2025 as federal and state government cost-of-living relief is wound back.

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The Australian Independent Media Network Wednesday, October 23, 2024 - 13:36 Source

It was never a good look. Advertised as the world’s largest, complex and most colourful of democracies, India’s approach to certain dissidents, notably of a Sikh patriotic sensibility, has not quite matched its lofty standing. The strength of a liberal democratic state can be measured by the extent it tolerates dissent and permits the rabble…

The post Stifling the Sikh Diaspora: India’s Continuing War on Khalistan appeared first on The AIM Network.

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MacroBusiness Wednesday, October 23, 2024 - 13:30 Source

I have written repeatedly how Australia’s home building industry is facing stiff headwinds that will keep the volume of housing construction depressed for the foreseeable future and unable to meet the Albanese government’s fantastical housing target. First and most importantly, construction costs have risen nearly 40% since the start of the pandemic, meaning that it

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MacroBusiness Wednesday, October 23, 2024 - 13:00 Source

Why must Australia have these endlesss debates about idiotic non-solutions while the real answer is tried, true and obvious: BlueScope has called for the introduction of an east coast gas reservation to ensure domestic users are adequately supplied ahead of a looming regional supply crunch. Australia’s east coast is awash with gas, but it is

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MacroBusiness Wednesday, October 23, 2024 - 12:30 Source

Australian households have had a torrid time in recent years, experiencing the largest decline in disposable incomes in history: This decline in household income has also been among the largest in the world: On July 1, the Stage 3 tax cuts came into effect, which reduced personal income taxes by around $1,200 annually for somebody

The post Tax cuts ease mortgage pain appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, October 23, 2024 - 12:14 Source

Australia’s largest media study tracking gender bias in news reporting reveals a mixed report card for newsrooms. The report by the Women’s Leadership Institute Australia (WLIA) shows business news continues to be dominated by male reporters and experts, but the gender balance in political reporting has improved since the last study in 2021. Led by…

The post Report shows gender bias continues in news reporting appeared first on The AIM Network.

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MacroBusiness Wednesday, October 23, 2024 - 12:00 Source

Australia has a very large skilled migration program. Over the last 20 years, Australia has granted 2.3 million permanent skilled visas. Earlier this year, the Committee for Economic Development of Australia (CEDA) published research revealing that half of skilled migrants work in occupations that are below their qualifications and earn significantly less than Australians with

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MacroBusiness Wednesday, October 23, 2024 - 11:30 Source

Women have made such a difference in the housing crisis. They’ve made it worse. Victorian teal MPs have strongly criticised key aspects of Premier Jacinta Allan’s plan for high-rise towers in Melbourne suburbs, with the federal member for Goldstein, Zoe Daniel, warning “crash or crash through” policies will not fix the housing crisis. The developments will

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MacroBusiness Wednesday, October 23, 2024 - 11:05 Source

There is a first time for everything, and today I agree with Tim Gurner, Australia’s most hated man: Developer Tim Gurner says the Victorian government’s stamp duty cuts are a strong start to get the property market moving again, but warned the effort is doomed to fail unless Melbourne’s reputation as a safe place to

The post Australia’s most hated man hates Hellbourne appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 23, 2024 - 11:00 Source

Australians are trapped in the most prolonged per capita recession on record, following six consecutive quarterly declines in per capita GDP and seven declines over the preceding eight quarters. The International Monetary Fund’s latest World Economic Outlook report forecasts that the Australian economy will grow by just 1.2% in 2024, compared with its April forecast

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xkcd.com Wednesday, October 23, 2024 - 11:00 Source

 Canonically, because of how Elsa's abiogenesis powers work, Olaf is an RNA-only organism.

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MacroBusiness Wednesday, October 23, 2024 - 10:36 Source

The Market Ear with some charts. Beware rising wedges SPX is trading tighter and tighter into the rising wedge. Highs have been losing momentum for some time and have been unable to push “properly” higher. Watch the steep short term trend line that has been in place since August lows. A close below and things

The post Stocks all-in on Trump appeared first on MacroBusiness.

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