Blogotariat

Oz Blog News Commentary
MacroBusiness Monday, November 25, 2024 - 14:00 Source

As we know, kleptocrat-in-chief Anthony Albanese has done his level best to feather his nest by buying property while juicing property demand via out-of-control immigration. Yet, it appears even self-interest is beyond the capabilities of Albo as he prepares to shift to his taxpayer-paved $104.3 million clifftop lovenest. The price guidance on the Dulwich Hill

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MacroBusiness Monday, November 25, 2024 - 13:30 Source

Two of the Albanese government’s signature housing policy gimmicks have been shot down by the Senate, namely: The Help-to-Buy shared equity program, whereby the federal government would provide 10,000 eligible participants with 40% of the purchase price of a new home and 30% for existing homes per year.- The Build to Rent program, which would

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MacroBusiness Monday, November 25, 2024 - 13:00 Source

David McCloskey and Bob Birrell from the Australian Population Research Institute (TAPRI) have released a report examining the impact of international students on the nation’s rental market. The authors claim that the Albanese government has “backtracked” on its commitment to reduce student numbers “in response to a backlash from the overseas student industry”. “Labor changed

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MacroBusiness Monday, November 25, 2024 - 12:30 Source

This year has been a shocker for my family on Facebook. We have been attacked by a local lynch mob driven by nothing but jealousy. You’d therefore think I’d sympathise with regulation. But Albo’s and Dutton’s social media ban is a damaging distraction that won’t work unless it is unacceptably draconian. In my family’s case,

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Your Democracy Monday, November 25, 2024 - 12:12 Source

US President-elect Donald Trump’s pick for National Security Adviser, Mike Waltz, has laid out the incoming administration’s strategy for addressing the Ukraine conflict. He said the Trump team will begin working on negotiations from the very first day of Trump’s term, which begins on January 20.

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MacroBusiness Monday, November 25, 2024 - 12:00 Source

Chinese property still unaffordable. New property leading sales index poor. Poor everywhere. Activity is dominated by the secondary market. That is, people trying to get out of property. Developer liquidity and land sales are still stuffed, meaning infrastructure is still crimped. No rescue from the the 2015 PSL. Chinese property no bueno.

The post Chinese property no bueno appeared first on MacroBusiness.

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MacroBusiness Monday, November 25, 2024 - 11:30 Source

Watching my local primary school turn from a well-built 1970s structure with space to play into a crushed-loaded labyrinth of demountables over the past decade has been interesting. Now Labor has an even better idea. Those temporary boxes, which are shipping containers for kids, will now become the housing for a new generation of Australians

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MacroBusiness Monday, November 25, 2024 - 11:00 Source

Earlier this year, the Australian Population Research Institute (Tapri) released a comprehensive survey showing Australians reject high immigration and a Big Australia. Tapri’s December 2023 national survey of 3000 voters (released in April 2024) revealed a sizable and expanding voting base concerning immigration levels. 74% of questioned voters desired lower net overseas migration, with 49%

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xkcd.com Monday, November 25, 2024 - 11:00 Source

We also should really have checked that the old water tower was disconnected from the water system before we started filling it with compressed air.

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Your Democracy Monday, November 25, 2024 - 10:55 Source

This week marks a fateful threshold for the world. In a grave announcement, Russian President Vladimir Putin said that the three-year proxy war in Ukraine has now reached a global dimension.

The responsibility for this abysmal moment lies fully with the United States’ elitist rulers and their British accomplices. They are inciting global catastrophe in a desperate bid to save their hegemonic empire.

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Cheeseburger Gothic Monday, November 25, 2024 - 10:11 Source

In my quest to read something, anything other than US political news at the moment, I came across this great recipe for Mac-n-Cheese. How to Make Mac and Cheese like a 47 year old Black Man:

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MacroBusiness Monday, November 25, 2024 - 10:00 Source

The gas cartel is bleeding out the Aussie economy. The price of energy has shifted interest rates to a level that the underlying Australian mortgage structure cannot cope with. As such, since the Ukraine War, the Australian private sector economy has been in a permanent recession. This might be OK if we were substituting unproductive

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MacroBusiness Monday, November 25, 2024 - 09:30 Source

Goldman has the right idea about iron ore in the short-term. While iron ore stocks at Chinese ports remain elevated as arrivals into China have surged, high levels of consumption could provide temporary support to iron ore prices. We believe that the counter-cyclical rise in Chinese steel production seen in recent weeks could be a

The post Iron ore to pump and dump appeared first on MacroBusiness.

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