By Chris Becker The trading week is having a mixed start as concerns from the Asian trading session yesterday transferred to Wall Street, particularly the lack of progress on a US/China trade deal but also the escalating tensions in Hong Kong. While stocks are trading in the US, debt markets are closed for Veteran’s Day
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Yeh. The elite will tell you that you’re a whinger or a racist. To suck it up and move on. But you aren’t. What has happened to Australian income is not only abnormal. It is historic. Worse, it is only half over. The OECD describes real net income per capita (RNNPC) in the following way:
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Anthony Forsyth, Professor of Workplace Law at RMIT University, has roasted claims by employer groups that Australia’s “complex” industrial relations system is behind the rise in wage theft cases: Is Australia’s award system so complex major corporations capable of handling millions of customers and billions of dollars can’t manage to pay employees properly? That’s the
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The Australian Bureau of Statistics yesterday published its overseas short-term arrivals figures for September, with Chinese visitors hitting fresh all-time highs. The number of short-term visitor arrivals rose by 0.7% in the year to September, whereas short-term resident departures only rose by 2.3%. The ratio of annual arrivals to departures also rose to 81.4%: Net
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The latest Australian Government data on international students reveals a massive shift from China, where enrolments are now falling, towards India and Nepal. Applications for student visas are the best leading indicator for actual international student enrolments. According to the Department of Home Affairs, student visas granted to Indians and Nepalese surged by 34% and
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Global Macro / Markets / Investing: An investor’s guide to space, Wall Street’s next trillion-dollar industry – CNBC ‘The System Is Broken,’ One Of World’s Top Capitalists Declares – Huffington Post Why We Must Understand Inflation Inequality – Medium Lebanese Banks in Panic Mode – Clients With Guns Demanding Money Withdrawal – 7Bitcoins Ex-Uber CEO
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Hackers are now targeting councils and governments, threatening to leak citizen data In recent weeks, Johannesburg’s computer network was held for ransom by a hacker group called Shadow Kill Hackers. This was the second time in three months a ransomware attack has hit South Africa’s largest city. This time, however, hackers didn’t pose the usual…
By 2353NM Sorry, Mr Morrison, I don’t want to be one of your quiet Australians. The problem with being quiet is that I would give the impression I implicitly support whatever you, Dutton and the other Ministers do in my name, solely because I didn’t say what I think, feel, believe or observe. The other…
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It’s tempting to dismiss Deputy PM Michael McCormack’s attack on “inner city greenies” who draw the link between climate change and bushfires as an ignorant rant. In reality, McCormack is pointing to a central truth about rightwing denialism on this issue.
Deniers like McCormack don’t (in most cases) believe the stupid things they are saying about climate change. It’s a shibboleth (a signal of tribal membership) and for this purpose, the stupider the better.
Here we go again! Its a real mixed day across Asia as tensions in Hong Kong jump, while inaction and bad messaging from Trump and the Chinese on the looming trade deal is seeing risk appetite erode across most of the complex. The USD is firming against most of the majors, and in particular Yuan
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With the smoke of a global catastrophe swirling all around, I nearly forgot to mark the end of the Great War, the (the first stage of the) long-ago catastrophe that defined most of the 20th century, and is still causing chaos and suffering even today. Lest we forget.
Back again with another Monday Message Board.
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Political leaders work to squash links between climate change and fires, saying now is not the right time, but the scientific community disagrees.
Delta Electronics, a global leader in power and thermal management solutions, has announced the appointment of David Leal, currently Eltek Regional President - APAC, as the new Country Manager for Delta Electronics (Australia) Pty Ltd.
The renewable energy industry has slammed the Australian Energy Market Commission’s proposed approach to transmission investment and reform, saying it would increase the cost and complexity of connecting vital projects to the NEM, while undermining investor certainty, and bring a halt to new projects. In separate submissions to the AEMC, a group of 20 renewable...