Oz Blog News Commentary
Your Democracy Friday, July 19, 2024 - 14:20 Source

The Iwo Jima 2.0 pic, immortalizing the Trump fist surviving an assassination attempt, has taken the world by storm – generating everything from a meme tsunami on China’s Weibo to fresh anime in Japan. Not to mention the deluge of hats and T-shirts.

This carefully composed pic changes everything – in more ways than one. So let’s engage in a first attempt to deconstruct it.


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MacroBusiness Friday, July 19, 2024 - 14:00 Source

Productivity Commission boss Danielle Wood noted it has always been hard to boost productivity in labour-intensive industries such as the aged and disability care sectors. With the care sector certain to form a larger part of the economy, Wood says that productivity in other industries will have to improve to combat the negative impact on

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MacroBusiness Friday, July 19, 2024 - 13:30 Source

For years, Victorians have suffered from Stockholm Syndrome when it comes to the state Labor government. Victoria’s nine-month lockdown during the pandemic was one of the longest and most severe in the world. The state government, whose incompetence with hotel quarantine and draconian enforcement ought to have scared voters away. There are cost blowouts everywhere

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MacroBusiness Friday, July 19, 2024 - 13:00 Source

Albo’s incredible new power shock surges on: Driven by his hapless $12Gj gas price floor: The East Coast gas export cartel tightened its grip on Australia’s throat yesterday as hydrogen face-planted with Twiggy Forrest: The architect of the first national clean hydrogen strategy, former chief scientist Alan Finkel, says his support for the fuel has

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New Politics Friday, July 19, 2024 - 12:43 Source

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MacroBusiness Friday, July 19, 2024 - 12:30 Source

Earlier this year, we were greeted with images of tent encampments mushrooming within Brisbane. A report by 9News highlighted the situation, with “makeshift campsites and tent cities expanding across south-east Queensland”. This included a “tent city in Rothwell, in the heart of Premier Steven Miles’ electorate of Murrumba”. According to PropTrack, Brisbane dwelling values have rocketed

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MacroBusiness Friday, July 19, 2024 - 12:00 Source

He is as accomplished a liar as any in parliament: On Thursday, the Treasurer on social media platform X said new figures from the Australian Bureau of Statistics showed the Albanese government “has ­created more jobs in a parliamentary term than any government in history”. “We’ve created almost 930,000 jobs since we came to ­office – faster

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The Australian Independent Media Network Friday, July 19, 2024 - 11:35 Source

By Denis Hay Introduction Choosing politicians who prioritize social justice, public ownership, and anti-austerity measures can transform Australia’s political landscape. Jeremy Corbyn’s policies in the UK have shown that such values resonate with many voters, focusing on fair solutions and economic reform. This guide explores how Australia can adopt similar approaches, highlighting the popularity and…

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MacroBusiness Friday, July 19, 2024 - 11:30 Source

In December 2023, The SMH reported that year 12 applications to the University Admissions Centre (UAC) hit their lowest in over a decade: The general manager of marketing and engagement at UAC, Kim Paino, noted that the high cost of living, a robust job market, and rising costs of higher education were likely to blame

The post Is a university degree still worth it? appeared first on MacroBusiness.

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MacroBusiness Friday, July 19, 2024 - 11:00 Source

The Market Ear wraps up the correction. What is happening…? Here are a couple of short/medium term catalysts to explain the weakness (outside the most important one – the MoMo carnage – dealt with in previous email). 1. Rotation rampage……Several days of Big Tech underperformance, as investors expanded their exposures, adding more pro-cyclical exposure and

The post Stocks deflate appeared first on MacroBusiness.

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MacroBusiness Friday, July 19, 2024 - 10:30 Source

As they should say and don’t, history doesn’t repeat, but it sure does repeat. Why is China trying to combat a real estate crash with higher interest rates? China’s central bank is readying a bold new experiment in global monetary policy — taking a leaf out of the hedge fund playbook and arranging to short

The post China makes all the same mistakes as Japan appeared first on MacroBusiness.

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