Blogotariat

Oz Blog News Commentary
George Monbiot Wednesday, April 2, 2025 - 15:44 Source

You can’t do it differently until you imagine it differently.

By George Monbiot, adapted from a BlueSky thread, 2nd April 2025

One of capitalism’s greatest successes is to shut down our imaginations. With the help of its favoured tools – neoliberalism and fascism – it persuades us that “there is no alternative”. Our first task is to re-ignite our moral imaginations and name our alternatives.

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MacroBusiness Wednesday, April 2, 2025 - 14:00 Source

Warner Bros Discovery’s Max streaming service debuted in an already-crowded Australian market on Monday. Warner Bros Discovery executive Jean-Briac Perrette is upbeat about the outlook for the sector, contending that streaming will be a “fantastic business”. “The streaming business, and the media business, to a large part, is moving towards a handful of successful, big

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MacroBusiness Wednesday, April 2, 2025 - 13:30 Source

The Market Ear sees squirming robots. CTAs in US equities CTAs have aggressively sold US equities and are now estimated to be short $30bn. Not a huge number per se but we are at an interesting “extreme” level looking back over the past 10 years. This would be supportive evidence for a tactical long trade.

The post Stock robots squirm as hard landing builds appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 2, 2025 - 13:00 Source

Recall Labor’s Powering Australia Plan, which promised to reduce NEM wholesale electricity costs by $11 per MWh, from $62 to $51, by 2025. Prime Minister Anthony Albanese hailed this modelling by RepuTex Energy as “the most comprehensive modelling ever done for any policy by any ­opposition in Australia’s history since Federation”. Albanese also repeatedly spruiked that

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MacroBusiness Wednesday, April 2, 2025 - 12:30 Source

Goldman’s Andrew Boak has been more right than everyone so far. In her post-meeting press conference RBA Governor Bullock noted that today’s decision to keep the policy rate unchanged at 4.10% was a consensus decision and that the Board did not explicitly consider a rate cut at the meeting. Importantly, Governor Bullock did not repeat

The post Paralysed RBA to cut, cut, cut appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 2, 2025 - 12:00 Source

Progressive think tank Per Capita has released a report criticising the low wage growth experienced by young Australians, which has prevented them from purchasing a home. Per capita claims young Australians have suffered from a “lost decade during which real wages barely grew”.  At the same time, home ownership rates for younger Australians collapsed. “In

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The Tally Room Wednesday, April 2, 2025 - 12:00 Source

I’ll be speaking at an event next week in Sydney as a preview for the federal election.

The event is hosted by my employer GovConnex along with FTI Consulting.

We’ll be previewing the election and discussing prospects for a possible hung parliament. There will be an opportunity to ask questions followed by drinks.

Tickets are free but there is limited capacity and I expect the venue to fill up.

The event will be at the Mint in Sydney from 5:30pm on Thursday April 10.

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MacroBusiness Wednesday, April 2, 2025 - 11:30 Source

The gas goons are on the run. Reuters. At a conference in Sydney, Australian executives of Shell (SHEL.L), opens new tab , ExxonMobil and Chevron (CVX.N), opens new tab pushed back on the coalition’s proposal, arguing more government intervention would hamper the development of gas supply. These people are like a broken record. They will do as they are

The post Gas goons on the run appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 2, 2025 - 11:00 Source

Last year, an Instagram video of a migration agent instructing rejected student visa holders how to appeal their decisions to the Administrative Appeals Tribunal (AAT) went viral. The video was deleted after a public backlash, but not before I transcribed its contents. Below is what the migration agent said via video: “What I have heard

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xkcd.com Wednesday, April 2, 2025 - 11:00 Source

If you have an old phone in a drawer, and you listen very carefully, you can occasionally hear the occasional tap of an emitted SIM card hitting the side of the drawer as the phone transmutes to a lower-end model.

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